... willing to bear the investment risk should ILAS be recommended. 3 4.6 Suitability assessment includes assessing the investment horizon of client, with due regard to the financial circumstances, planned retirement age etc. 4.6.1 Premium payment term – The client’s age at the time of policy inception as...

... insured event has occurred, no claims will be accepted. The coverage, benefit limit, exclusions and premium levels of travel insurance products offered by insurers vary. Travellers must understand the policy details and the terms and conditions clearly before taking out a policy and choose a...

... applies to: (a) an authorized insurer incorporated in Hong Kong; (b) an authorized insurer incorporated outside Hong Kong if (i) 75% or more of its annual gross premium income for general business pertains to Hong Kong insurance business; or (ii) 75% or more of its annual gross premium income for long...

... that the FNA, RPQ and IFS are duly completed. Member Companies must also establish a process to (i) verify whether the ILAS product sold, and key features such as the premium amount and term are considered suitable and affordable for the applicant(s) based on the information disclosed by the applicant...

...%), accounting for 26.4% of the total new office premiums for individual business.  Among these new policies, about 96% were medical or 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...

... self-service insurance. If you agreed or chose to renew your policy automatically every year, your bank account or credit card will automatically be debited to pay the premium for policy renewal before the policy expires. For medical insurance, for example, age and health condition are generally considered to...

... self-service insurance. If you agreed or chose to renew your policy automatically every year, your bank account or credit card will automatically be debited to pay the premium for policy renewal before the policy expires. For medical insurance, for example, age and health condition are generally considered to...

... Methods of Obtaining Material Facts 2.2 Underwriting Procedures 2/8 2.2.1 Quotations 2.2.2 Proposal Forms 2.2.3 Issue of Cover Notes, Policies and Certificates of Insurance 2.2.4 Premium a. Method of Calculation b. Relevance of Premium Payment for Valid Cover 2.2.5 Levies a. Motor Insurers’ Bureau of Hong...

... Cover Notes, Policies and Certificates of Insurance 2.2.4 Premium a. Method of Calculation b. Relevance of Premium Payment for Valid Cover 2.2.5 Levies a. Motor Insurers’ Bureau of Hong Kong b. Employees Compensation Assistance Scheme c. Employees Compensation Insurer Solvency Bureau 2.3 Policy Wording...

... Methods of Obtaining Material Facts 2.2 Underwriting Procedures 2/8 2.2.1 Quotations 2.2.2 Proposal Forms 2.2.3 Issue of Cover Notes, Policies and Certificates of Insurance 2.2.4 Premium a. Method of Calculation b. Relevance of Premium Payment for Valid Cover 2.2.5 Levies a. Motor Insurers’ Bureau of Hong...