... use of telematics in motor insurance and wearable devices for health monitoring. There are immediate benefits for policy holders, e.g. lower premium or premium discount for good driving behavior and maintaining regular fitness activities. Following these developments, we may ask: how can we provide...
https://www.ia.org.hk/english/infocenter/files/Speech_for_InsurTech_Rising_Asia.pdf -
Date: 2021-12-09
... use of telematics in motor insurance and wearable devices for health monitoring. There are immediate benefits for policy holders, e.g. lower premium or premium discount for good driving behavior and maintaining regular fitness activities. Following these developments, we may ask: how can we provide...
https://www.ia.org.hk/english/infocenter/files/Speech_for_InsurTech_Rising_Asia.pdf -
Date: 2021-09-08
... use of telematics in motor insurance and wearable devices for health monitoring. There are immediate benefits for policy holders, e.g. lower premium or premium discount for good driving behavior and maintaining regular fitness activities. Following these developments, we may ask: how can we provide...
https://www.ia.org.hk/english/infocenter/files/Speech_for_InsurTech_Rising_Asia.pdf -
Date: 2020-06-12
... these types of products, the gift should be relevant to those products (e.g. a free medical check‐up) and should not be excessive relative to the amount of premium payable for those products. 4. Effective Date 4.1. This Guidance Note applies with effect from 1 January 2014....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_HKFI_GN_Gifts_Promo_and_Incentives_v2_1_1_2014_20190823.pdf -
Date: 2019-12-20
... replacement: a) You could be paying the policy set-up cost TWICE – the set-up cost is usually two years premiums or 10% of single premium of the basic life insurance policy replaced/to be replaced (This is for reference only; the Agent/Broker should advise you of the estimated loss for this replacement...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3a_HKFI_CoP_Life_Ins_Replacement_v3_1_1_2005_20190823.pdf -
Date: 2019-12-20
... replacement: a) You could be paying the policy set-up cost TWICE – the set-up cost is usually two years premiums or 10% of single premium of the basic life insurance policy replaced/to be replaced (This is for reference only; the Agent/Broker should advise you of the estimated loss for this replacement...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4a_HKFI_CoP_Life_Ins_Replacement_v4_1_5_2006_20190823.pdf -
Date: 2019-12-20
... implications of the replacement: a) You could be paying the policy set-up cost TWICE – the set-up cost is usually two years premiums or 10% of single premium of the basic life insurance policy replaced/to be replaced (This is for reference only; the Agent/Broker should advise you of the estimated loss for this...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5a_HKFI_CoP_Life_Ins_Replacement_v5_1_10_2008_20190823.pdf -
Date: 2019-12-20
... regulatory issues relating to conduct in the insurance market. This issue looks at the topic of complaints arising from the handling of premium by insurance agents, provides a broad overview of the IA’s approach to enforcement, and examines how the general principles of good conduct on which the new...
https://www.ia.org.hk/english/infocenter/press_releases/20201030.html -
Date: 2020-10-30
... QDAP Selection Made Easy QDAP Selection Made Easy allows you easily search for the current available QDAP options with applicable product features. Simply answer 5 questions, including current age, policy currency, premium payment period, annuity...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/qdap_selection_tool.html -
Date: 2023-02-23
... adopted the Cooling-off Initiative promulgated by the Hong Kong Federation of Insurers, under which policyholders have the rights to cancel new life insurance policies within the Cooling-off Period and obtain a refund of the premium(s) paid. The Cooling-off Period will be 21 days after the delivery of the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN3_GN_on_Proper_Delivery_of_LT_Policy_29_1_2010_eg19.pdf -
Date: 2019-12-20