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⏭... IA or an approved body of insurance brokers not to be fit and proper. (e) He shall explain the principle of utmost good faith to his client and make it clear that all answers and statements given in completing the proposal form, claim form, or any other material document are the client's own...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonMininumRequirementsforInsuranceBrokers.pdf -
Date: 2020-06-16
... IA or an approved body of insurance brokers not to be fit and proper. (e) He shall explain the principle of utmost good faith to his client and make it clear that all answers and statements given in completing the proposal form, claim form, or any other material document are the client's own...
https://www.ia.org.hk/english/legislative_framework/files/guideline_on_mininum_requirements_for_insurance_brokers_eng.pdf -
Date: 2020-09-24
... should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h protection and long-term savings...
https://www.ia.org.hk/english/infocenter/files/Understanding_Life_Insurance_Eng.pdf -
Date: 2022-05-24
... material non-disclosure or misrepresentation. The contact details of ICB are: Mail: Insurance Complaints Bureau 29/F, Sunshine Plaza, 353 Lockhart Road , Wanchai, Hong Kong Hotline: (852) 2520 2728...
https://www.ia.org.hk/english/consumer/lodge_a_complaint.html -
Date: 2023-09-01
[PDF]
cir_aml_20180531.pdf
... one worst case); (2) Updates on certain AML/CFT matters, including material issues identified under compliance reviews (e.g. inadequate due diligence to identify potential ML/TF transactions) were not reported in the compliance reports to senior management; and (3) Inaccurate/Incomplete information on...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20180531.pdf -
Date: 2019-02-01
... and the reasons for recommending such insurer. (j) Members shall make it clear to their clients in completing the proposal form, claim form, or any other material document that the clients are solely responsible for the correctness of the answers or statements therein. The client shall always be asked...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_PIBA_Membership_Regulations_v6_1_2_2015_eg19.pdf -
Date: 2019-12-20
[PDF]
GL8.pdf
... exclusions; the premium of the insurance policy offered; the client’s duty to disclose information and the consequences of not disclosing material facts; the period of the insurance cover; and 7 the governing law of the insurance policy. (iii) To assist a potential policy holder in making an informed...
https://www.ia.org.hk/english/legislative_framework/files/GL8.pdf -
Date: 2020-09-24