... intermediaries should also alert customers about their cooling-off rights. Q 3 Paragraph 4.2 of the Guideline sets out the steps in the sale process of an ILAS product in order to achieve the objectives of the Guideline. Can an authorized insurer and licensed insurance intermediary use digital devices in the...

... professional competence and standard in providing advice and service to the policy holders and potential policy holders. CPD Requirements 3. Except for travel insurance agents, their responsible officers and technical representatives (requirements are specified in paragraph 4), all insurance intermediaries are...

... intermediaries continue to possess professional competence and standard in providing advice and service to the policy holders and potential policy holders. CPD Requirements 3. Except for travel insurance agents, their responsible officers and technical representatives (requirements are specified in paragraph 4...

... Page 1 of 3 Practice Note supplementing Standard and Practice 5.4 of the Code of Conduct for Licensed Insurance Brokers in relation to Client Agreements which a Licensed Insurance Broker Company enters into with a client for Linked Long Term Business A. Introduction 1. Standard and Practice 5.4(a...

... Page 1 of 3 Practice Note supplementing Standard and Practice 5.4 of the Code of Conduct for Licensed Insurance Brokers in relation to Client Agreements which a Licensed Insurance Broker Company enters into with a client for Linked Long Term Business A. Introduction 1. Standard and Practice 5.4(a...

... and to perform further testing in the third QIS (QIS 3). While developing the RBC regime, we are mindful of the overarching objectives including alignment with international standards and practices, resilience of the insurance industry for the protection of policy holders, as well as maintaining...

... Requirements for Authorization 1 – 3 III Application Procedure 3 – 6 IV Information and Documents required for the Application 6 – 7 V Time Scale and Fee payable 8 VI Enquiries 8 – 9 Annex 1 Current Legislation relating to Insurance Companies 2 Authorization Guidelines 3 Paid-up Share Capital and Solvency...

...”). This Note sets out the ascertainment of levy and operation details in relation to the collection of levy by insurers. ASCERTAINMENT OF LEVY 3. Levy payment is to be made together with premium payment. Levy payable is calculated as a percentage of premium. If no premium is to be paid (e.g. waiver...