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⏭... 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...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... confidence in insurance industry During a 3-year transitional period (i.e. 23 September 2019 – 22 September 2022) . An insurance intermediary validly registered with a SRO* immediately before the commencement of the new regime is deemed to be a licensed insurance intermediary under the new regime (“deemed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/New_regime_brochure_Eng.pdf -
Date: 2020-07-16
... confidence in insurance industry During a 3-year transitional period (i.e. 23 September 2019 – 22 September 2022) . An insurance intermediary validly registered with a SRO* immediately before the commencement of the new regime is deemed to be a licensed insurance intermediary under the new regime (“deemed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/New_regime_brochure_Eng.pdf -
Date: 2020-05-29
... writing within a certain period (say a month) Similar arrangement can be used for deduction of levy: Adding levy to the amount of APL - Automatic Policy Loan Deduct outstanding levy from benefit payment on Claim, Maturity or Surrender Levy is what the policy holder owes the IA and not the insurer....
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Principles_ConceptsforPremiumLevyCollectionpw.pdf -
Date: 2019-10-23
... for the first half of 2020, indicating a growth of total gross premiums by 6% to $313.7 billion over the corresponding period in 2019. (Percentage changes in brackets represent changes over the same period last year) Long term business Total revenue premiums of...
https://www.ia.org.hk/english/infocenter/press_releases/20200831.html -
Date: 2021-09-03
... Person Single Person Single Person Single Person Monthly income Tax savings 3 Receive annuity payouts regularly over a specified length of time or as long as you live Pay the premiums Annuity periodPremium payment period Premiums are invested and accumulated during the accumulation period What is an...
https://www.ia.org.hk/english/infocenter/files/Saving_for_retirement_EN.pdf -
Date: 2021-12-14
... Person Single Person Single Person Single Person Monthly income Tax savings 3 Receive annuity payouts regularly over a specified length of time or as long as you live Pay the premiums Annuity periodPremium payment period Premiums are invested and accumulated during the accumulation period What is an...
https://www.ia.org.hk/english/infocenter/files/Saving_for_retirement_EN.pdf -
Date: 2022-05-24
... Person Single Person Single Person Single Person Monthly income Tax savings 3 Receive annuity payouts regularly over a specified length of time or as long as you live Pay the premiums Annuity periodPremium payment period Premiums are invested and accumulated during the accumulation period What is an...
https://www.ia.org.hk/english/infocenter/files/Saving_for_retirement_EN.pdf -
Date: 2020-06-23
... inspection and (ii) advising where and how the customer may access these documents must be sent with the policy to the customer. This applies to all customers irrespective of which box they tick in Section II: Suitability Declaration of either Appendix B or C. 3) Before the expiry of the cooling-off period...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_HKFI_ILAS_Requirements_v2_1_2011_20190823.pdf -
Date: 2019-12-20
... intermediaries wishing to be engaged in the Long term (including Linked Long Term) Insurance Intermediary Business will be required to pass, among others, the enhanced version of the Investment-linked Long Term Insurance Examination Paper, unless otherwise exempted. A transitional arrangement for the period from...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN7on_Adm_Framework_IIQE_for_ILLT_Ins._v1_8_12_09_eg19.pdf -
Date: 2019-12-20