... renew its EC insurance cover. The insurer issued an EC insurance cover but it was only effective from 2 July 2020, which meant the client was left uninsured for 21 days from 10 June 2020 to 1 July 2020. The client was charged for contravening section 40 of the Employees’ Compensation...

... Insurance Authority and Investor and Financial Education Council. All rights reserved. www.thechinfamily.hk [email protected] www.ifec.org.hk Website: www.ia.org.hk Tel: (852) 3899 9983 Email: [email protected] A B 1 2 3 Tips on buying insurance Suitability Protection amount A�ordability Consider...

... significant role in improving the social well- being and economic development, and are indispensable for building a robust and sustainable insurance industry in Hong Kong. 2 The establishment of the IA has marked a new milestone in the development of the insurance industry in Hong Kong. I am glad to see a...

... regulatory framework. Section 90 of the Insurance Ordinance and the Codes of Conduct expressly require licensed insurance intermediaries to treat customers fairly. Guideline on the Corporate Governance of Authorized Insurers (Guideline 10) provides that “fair treatment of customers is an...

... Initiative will - 2 - bring about tremendous business opportunities, underpinned by substantive amount of capital and vast talent flow within the region. Since our return to the Motherland, Hong Kong has been taking up the role as a “super-connector” of the Mainland to the rest of the world. The National...

... Initiative will - 2 - bring about tremendous business opportunities, underpinned by substantive amount of capital and vast talent flow within the region. Since our return to the Motherland, Hong Kong has been taking up the role as a “super-connector” of the Mainland to the rest of the world. The National...

... risk will also affect your ultimate policy returns. Moreover, if you plan to live outside Hong Kong after retirement, you may choose you may choose the currency of your designated country for payouts to better suit your need. Step 2: Which currency you wish to...

... Initiative will - 2 - bring about tremendous business opportunities, underpinned by substantive amount of capital and vast talent flow within the region. Since our return to the Motherland, Hong Kong has been taking up the role as a “super-connector” of the Mainland to the rest of the world. The National...

... and behind schedule by 2 years." eY report 20161 Plan for Success Starts with Risk Due Diligence Without going through adequate due diligence at the early project planning stage, project investors would be exposed to a high possibility of making substantial investment loss or even giving rise to...

... "Nominated Accounts" to hold all money due to third parties, including clients, insurers, re-insurers and other insurance intermediaries. 2. Eligibility of Membership A company is eligible for membership of the Association provided it has satisfied the Membership Sub-Committee of the Association:- (a) that...