We have noticed that there are two different approaches regarding the level at which IPIDs are issued – depending on the interpretation of what “an insurance product” is. Please, note that we use the terminology “product typology” hereafter to encompass both products that relate to a single line of business and these that relate to several ones (in case of multi-risks products). - Approach 1: Some insurance undertakings have drafted one IPID per product with one product corresponding to one insurance product typology. For that insurance product typology, there are different levels of non-optional coverages proposed (gold, silver, platinum, ...). However, all of these levels of coverage are summarized within the same IPID but under different sub-sections, titled with the protection level chosen (gold, silver, platinum, ...). Regarding the optional coverages, these are detailed under the sub-sections they apply to and explicitly referred to as “optional”. Therefore, all the levels of coverage are summarized within one single IPID. - Approach 2: Some insurance undertakings have drafted one IPID per product with one product corresponding to one level of non-optional coverage (e.g.; gold or silver or platinum, ...) among the several levels commercialized for this product typology. This leads to the issuance of several IPIDs per insurance product typology: one per level of coverage. Regarding the optional coverages, these are listed within the same IPIDs as for the non-optional guarantees but under a distinct subsection explicitly mentioning their optional characteristics.