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... conditions of the life insurance policy issued to the policy holder by the insurer, including an automatic premium loan. (h) “Policy replacement” has the meaning assigned to it by paragraph 5.2 of this Guideline. (i) “Total cash value” in relation to a life insurance policy, means the aggregate of the...
https://www.ia.org.hk/english/legislative_framework/files/GL27_English.pdf - Date: 2020-09-24
... conditions of the life insurance policy issued to the policy holder by the insurer, including an automatic premium loan. (h) “Policy replacement” has the meaning assigned to it by paragraph 5.2 of this Guideline. (i) “Total cash value” in relation to a life insurance policy, means the aggregate of the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf - Date: 2020-06-24
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf - Date: 2020-09-28
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf - Date: 2021-11-01
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf - Date: 2021-09-01
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf - Date: 2020-06-19
... policy replacement, and to maintain proper record. Q10 If a customer reduced the sum assured of an existing life insurance policy which does not have Total Cash Value throughout the policy term, and then after such reduction in the sum assured, he / she purchases a new life insurance policy which has...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL27.pdf - Date: 2020-09-24