... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...

... offering of gifts, selling of Investment-Linked Assurance Scheme products, policy replacement, benefit illustrations, a cooling-off period and financial needs analysis. The Guideline on Medical Insurance Business, on the other hand, lays down some minimum expectations to be met by insurers and insurance...

... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...

... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...

... offering of gifts, selling of Investment-Linked Assurance Scheme products, policy replacement, benefit illustrations, a cooling-off period and financial needs analysis. The Guideline on Medical Insurance Business, on the other hand, lays down some minimum expectations to be met by insurers and insurance...

... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...

... application, cooling-off period, after-sales services, etc. for VHIS Providers to comply with so as to supplement the Policy Template. It is particularly important for insurance intermediaries to get familiar with the requirements of the Code of Practice on “sales and marketing”, which are summarised below...

... reacted by delicately balancing business facilitation with structural reforms. some prime examples are phased introduction of the temporary facilitative measures for non-face-to-face selling of designated insurance products with compensating disclosure requirements and an extended cooling-off period...

... reacted by delicately balancing business facilitation with structural reforms. some prime examples are phased introduction of the temporary facilitative measures for non-face-to-face selling of designated insurance products with compensating disclosure requirements and an extended cooling-off period...

... cooling-off period, levy paid is fully refundable irrespective of the amount of premium refund. Insurer may net-off the refund of levy already remitted to the Authority in the subsequent levy remittance and report this in the remittance return as mentioned in paragraph 16 below. 14. Insurers must maintain...