... is higher than the range of brokerage customarily paid for the particular class of insurance. Page 2 of 2 3. Upon the client’s request, the licensed insurance broker company should disclose to the client, to the best of its knowledge, the maximum percentage of the premium paid (or to be paid) as...

... is higher than the range of brokerage customarily paid for the particular class of insurance. Page 2 of 2 3. Upon the client’s request, the licensed insurance broker company should disclose to the client, to the best of its knowledge, the maximum percentage of the premium paid (or to be paid) as...

... intermediary or remit premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not...

... intermediary or remit premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not...

... premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not be left blank, and...

... trust who merely “holds” the insurance policy as policy holder. Matters to consider before making the recommendation Q7 If the customer has indicated that premium financing is intended to be used, paragraph 6.11 of the Guideline requires the licensed insurance intermediary to take that into account when...

... trust who merely “holds” the insurance policy as policy holder. Matters to consider before making the recommendation Q7 If the customer has indicated that premium financing is intended to be used, paragraph 6.11 of the Guideline requires the licensed insurance intermediary to take that into account when...

... 97% of worldwide premium income. The Executive Committee is responsible for providing strategic directions and managing the affairs of IAIS. A total of seven seats are allocated to the Asian region, with other members being China, India, Japan, Korea, Malaysia and Singapore. Ends ...

... them to assess and to advise the client on his/her capability to commit to any new or additional long term insurance policy, i.e. on whether the client could afford to pay at the premium level for the full term - 3 - of a regular-premium policy to be recommended, or whether the client could afford to...

... policy, i.e. on whether the clients could afford to pay at the premium level for the full term of a regular-premium policy to be recommended, or whether the clients could afford to set aside a lump sum of liquid assets for the specified term of a single-premium policy. Special attention should be given...