... Life Insurance Policy Replacement – What you need to know 2 Introduction A life insurance policy1, unlike a general insurance policy, involves a longer policy period. You will normally suffer losses if you surrender an existing life insurance policy, particularly during the early years of the...
https://www.ia.org.hk/english/infocenter/files/Life_Insurance_Policy_e_Jun_2021.pdf -
Date: 2022-05-24
... account to manage their life insurance policies (e.g. fund switching, application of policy loans, and withdrawal of cash value). Policy holders should not share the passwords of their accounts with any third party to avoid the risk of unauthorised persons logging into their accounts and conducting...
https://www.ia.org.hk/english/infocenter/files/New_Regime_English.pdf -
Date: 2021-12-14
... account to manage their life insurance policies (e.g. fund switching, application of policy loans, and withdrawal of cash value). Policy holders should not share the passwords of their accounts with any third party to avoid the risk of unauthorised persons logging into their accounts and conducting...
https://www.ia.org.hk/english/infocenter/files/New_Regime_English.pdf -
Date: 2022-05-24
... life insurance policies (e.g. fund switching, application of policy loans, and withdrawal of cash value). Policy holders should not share the passwords of their accounts with any third party to avoid the risk of unauthorised persons logging into their accounts and conducting unauthorised transactions....
https://www.ia.org.hk/english/infocenter/files/New_Regime_English.pdf -
Date: 2020-06-23
... insurance practitioners and Self-Regulatory Organisations in devising the Guideline. The Guideline was published for public consultation from 26 October to 27 December 2018. The respondents generally welcomed the introduction of unified penalty standards across the industry for protection of policy holders...
https://www.ia.org.hk/english/infocenter/press_releases/20190628.html -
Date: 2019-06-28
... GL27 GUIDELINE ON LONG TERM INSURANCE POLICY REPLACEMENT Insurance Authority Contents Page 1. Introduction………………………………………………………. 1 2. Interpretation…………………………………...………………… 1 3. Relevant Regulatory Requirements and Status of this Guideline……………………………………….………………… 2 4. Scope of Application...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf -
Date: 2020-06-24
... well-oiled machine. A number of the disciplinary actions we have taken either relate to matters arising before the border with Mainland China closed due to the COVID pandemic, or are matters that may arise when a person who is not from Hong Kong seeks to buy an insurance policy from a Hong Kong...
https://www.ia.org.hk/english/legislative_framework/Conduct_in_Focus_Issue_07_(Article_02).html -
Date: 2023-09-18
... Whistleblowing Policy The Insurance Authority (“IA”) is committed to promoting and maintaining high standards of transparency, accountability and integrity. The IA has put in place Whistleblowing Policy to provide reporting channels...
https://www.ia.org.hk/english/aboutus/governance/whistleblowing_policy.html -
Date: 2022-03-08
... Insurance Authority welcomes 2023 Policy Address 25 October 2023 The Insurance Authority (IA) welcomes the 2023 Policy Address delivered by the Chief Executive and supports the measures raised therein that concern accelerating development of the...
https://www.ia.org.hk/english/infocenter/press_releases/20231025.html -
Date: 2023-10-25