... following Guidelines (“GLs”): • GL25: Guideline on Offering of Gifts • GL27: Guideline on Long Term Insurance Policy Replacement • GL28: Guideline on Benefit Illustrations for Long Term Insurance Policies • GL29: Guideline on Cooling-off Period • GL30: Guideline on Financial Needs Analysis • GL31: Guideline...

.../considerations.) (2) Cooling-off Period: You have the right to cancel this ILAS policy and get back your original investments (subject to market value adjustment) within the cooling-off period, which is the period of 21 calendar days immediately following either the day of delivery of (i) the policy; or (ii) the...

.../considerations.) (2) Cooling-off Period: You have the right to cancel this ILAS policy and get back your original investments (subject to market value adjustment) within the cooling-off period, which is the period of 21 calendar days immediately following either the day of delivery of (i) the policy; or (ii) the...

... within cooling-off period. 13. It was also found that the description of risks varied amongst insurers and some of the risk descriptions adopted by insurers were found to be inadequate. 14. Similar issues were also noted in some banks as intermediaries, as they did not explain adequately the risks...

... disclosure and extended cooling-off period to achieve the fair treatment of customers. /….. 2 Without the FNA process which is required when intermediaries provide a recommendation, upfront disclosure must be made by the intermediaries to ensure that the customers are aware of the nature, features and risks...

... disclosure and extended cooling-off period to achieve the fair treatment of customers. /….. 2 Without the FNA process which is required when intermediaries provide a recommendation, upfront disclosure must be made by the intermediaries to ensure that the customers are aware of the nature, features and risks...

... insured and premium level, consider your objectives, and evaluate your protection needs and financial situation. If I change my mind right after purchasing a life insurance policy, can I cancel it? 4 To protect the interests of policyholders, a “cooling-off period” applies to all life insurance products...

... measures that enable designated protective insurance products to be sold without face-to-face interactions subject to enhanced disclosure requirements and a longer cooling-off period. In parallel, the scrutiny of applications for pilot trial under the Insurtech Sandbox involving virtual on-boarding was...

...行或遭專業團體紀律處分的紀錄 depending on circumstances 視乎情況 (6th) 49(g) (7th) 58(m) 14. Failure to take reasonable effort to deliver policy within the cooling-off period 沒有盡力於冷靜期內送交保單 depending on circumstances 視乎情況 (6th) 49(d) Cooling-off initiative 《「冷靜期」權益》 (7th) 58(g) 15. In breach of the Requirements...

... GL28: Guideline on Benefit Illustrations for Long Term Insurance Policies Interpretation Notes GL29: Guideline on Cooling-off Period Interpretation Notes...