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Investments for account of policyholders comprise of financial assets and investments in real estate. Refer to note 8 for further information. Financial assets for account of policyholders are classified as at fair value through profit or loss. 

## NOTE 35 OTHER INCOME 

Investment income on investments for account of policyholders is included in investment income. Refer to note 31 for further information. 

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Other income primarily includes a gain of EUR 33 million relating to the sale of the funeral insurance business in the Netherlands. Refer note 50 for more details about this disposal. 

## NOTE 36 POLICYHOLDER CLAIMS AND BENEFITS 

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The change in valuation of liabilities for insurance and investment contracts include gains of EUR 283 million regarding fair value movements of guarantees and EUR 60 million of gains (2009: gains of EUR 60 million; 

2008: losses of EUR 17 million) related to policyholder tax and other charges that are classified for segment reporting purposes as non underlying earnings. 

