... that no part of the Study Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Office of the Commissioner of Insurance. ii TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1.2...

... Please note that no part of the Study 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. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1.2 Concept 1/2 2...

... prior permission of the Office of the Commissioner of Insurance. i TABLE OF CONTENTS Chapter Page 1. INTRODUCTION TO INVESTMENT-LINKED LONG TERM INSURANCE POLICIES 1/1 1.1 Definition 1/1 1.2 Concept 1/2 2. INVESTMENTS 2/1 2.1 Risk of Investment 2/1 2.1.1 Meaning of Risk 2.1.2 Types of Risks 2...

... this driver must be an insured driver; otherwise cover will not be available at all (see 1.1(d)(iv)); (B) Driving by a Young driver (usually defined as one below age 25); (C) Driving by an Inexperienced driver (usually defined as one having less than 2 years’ driving experience with a full licence); (D...

... and customary charges” is one of the principles insurers follow when handling claims. The insurer may not offer full reimbursement of the covered items if the claimable amount exceeds a “reasonable and customary charge”, even if it does not exceed the annual policy limit. The insured person will have...

... and customary charges” is one of the principles insurers follow when handling claims. The insurer may not offer full reimbursement of the covered items if the claimable amount exceeds a “reasonable and customary charge”, even if it does not exceed the annual policy limit. The insured person will have...

... and customary charges” is one of the principles insurers follow when handling claims. The insurer may not offer full reimbursement of the covered items if the claimable amount exceeds a “reasonable and customary charge”, even if it does not exceed the annual policy limit. The insured person will have...