... form as policy endorsement, is not considered as a top up. Q 3. For refundable insurance policies under 1(a)(ii), does it have to be 100% or more “refundable” in order for the FNA requirement be exempted? A 3. Yes. For those refundable insurance policies which are not 100% refundable (e.g. the amount...

...,036 14,278 349 86,050 2,098 518 3,641 - - - - - - - - - - - - 4,209 - 70,954 - - 2 - - - - - - 106 - 3,143 - - - 10 - 3,255 410 - 517 - - - - - - 10,623 5,355 72,395 - - - 1,832 - 2,700 33 - - - - - - - - 7,500 1,000 50,445 59 - 151 3,820 250 7,855 470 20 232 - - - - - - - - - - - - 283 - 5,379...

... Authorization Guidelines GL1 AUTHORIZATION GUIDELINE Insurance Authority Contents Page 1. Introduction ……………………………………… 1 2. Application for Authorization to Carry on Insurance Business........……………………………………… 1 3. Authorization………………………………………. 2 4. Commencement…………………………………… 6 Section 8(3) of the...

... Authorization Guidelines GL1 AUTHORIZATION GUIDELINE Insurance Authority Contents Page 1. Introduction ……………………………………… 1 2. Application for Authorization to Carry on Insurance Business........……………………………………… 1 3. Authorization………………………………………. 2 4. Commencement…………………………………… 6 Section 8(3) of the...

... Authorization Guidelines GL1 AUTHORIZATION GUIDELINE Insurance Authority Contents Page 1. Introduction ……………………………………… 1 2. Application for Authorization to Carry on Insurance Business........……………………………………… 1 3. Authorization………………………………………. 2 4. Commencement…………………………………… 6 Section 8(3) of the...

... :- ................................................................................................................................................................ ................................................................................................................................................................ (Classes as set out in Parts 2 and 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which have been carefully considered and assessed. 3. We undertake to notify the...

... :- ................................................................................................................................................................ ................................................................................................................................................................ (Classes as set out in Parts 2 and 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which have been carefully considered and assessed. 3. We undertake to notify the...

... :- ................................................................................................................................................................ ................................................................................................................................................................ (Classes as set out in Parts 2 and 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which have been carefully considered and assessed. 3. We undertake to notify the...

... Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Insurance Authority. ii TABLE OF CONTENTS Chapter Page 1. INSURANCE PRODUCTS 1/1 1.1 Motor Insurance 1/3 1.1.1 Private Vehicle 1.1.2 Motor Cycle 1.1.3 Commercial Vehicle 1.2 Health Insurance 1/17...