... individual businesses. About 98% of the policies taken out by this group of customers were settled at regular intervals (i.e. non-single premiums), with critical illness, whole life and medical insurance accounting for 48%, 36% and 5% of these policies respectively. General business...

... contract from $43.4 billion in 2019 to $6.8 billion in 2020 (decreased by 84.3%), representing 5.1% of the total for individual businesses. About 98% of policies taken out by this group of customers were settled at regular intervals (i.e. non-single premiums), with critical illness, whole life and medical...

..., about 99% of the policies were paid at regular intervals, i.e. non-single premiums. General business The gross and net premiums of general insurance business recorded in the first three quarters of 2018 were $40.5 billion (increased by 7.1%) and $28 billion (increased by 7.9...

... protective in nature, such as critical illness, medical, whole life, term life and annuity products. In terms of premium payment pattern, about 99% of the policies were paid at regular intervals, i.e. non-single premiums. General business In 2018, the gross and net premiums of...

... Guideline applies (except policies of the nature specified in Class C in Part 2 of Schedule 1 to the Ordinance and single premium policies), the refund should be 100% of the premium which the policy holder has paid. 6.3 For all life insurance policies specified in Class C in Part 2 of Schedule 1 to the...

... Guideline applies (except policies of the nature specified in Class C in Part 2 of Schedule 1 to the Ordinance and single premium policies), the refund should be 100% of the premium which the policy holder has paid. 6.3 For all life insurance policies specified in Class C in Part 2 of Schedule 1 to the...

... Guideline applies (except policies of the nature specified in Class C in Part 2 of Schedule 1 to the Ordinance and single premium policies), the refund should be 100% of the premium which the policy holder has paid. 6.3 For all life insurance policies specified in Class C in Part 2 of Schedule 1 to the...

... percentage and a defined threshold Withdrawal over certain percentage when compared with the policyholder’s withdrawal history A Few More… Taking out similar insurance policies from various insurers without valid reasons 22 22 Product-specific criteria, e.g. single premium insurance policies Channel level...

... regular intervals, i.e. non-single premiums. "In general, consumers who take out medical or protective types of policies and pay premiums at regular intervals are looking for long-term protection instead of seeking short-term investment returns," an IA spokesperson said....

... non-single premiums. General business In 2019, the gross and net premiums of general insurance business were $55.7 billion (increased by 3.9%) and $37.7 billion (increased by 6.8%) respectively. Overall underwriting profit rose 93.3% to reach $1.1 billion, propelled by Property...