... available for investment will be lower than your premiums paid. The upfront charge is calculated as follows: Upfront Charge = Premiums received X Upfront Charge % Policy year Upfront charge % % of premium received available for investment after upfront charge 1 A% (100 – A)% 2 B% (100 – B)% 3 C% (100 – C...

... underwriting a medical policy. Generally, a younger, healthier, non-smoking policy holder who is not a heavy drinker will enjoy a lower premium. Most policies have age limits for first-time applications and renewals. Normally, the maximum entry age is 65, while the maximum renewal age is 75 or even 100. This...

... have achieved 100% compliance across their Individual Licensees. This proves that with the right culture nurtured and robust controls established through its intermediary management function (as indicated in the December 2022 edition of Conduct in Focus), a principal can achieve a perfect result...

... Mar 2021 revised 2021年3月修訂 Item 項 Section of Insurance Ordinance 保險業條例的條次 Insurance (Prescribed Fees) Regulation (L.N. 57 of 2017) (Cap. 41, section 128(1)) 保險業(訂明費用)規例》 (2017年第57號法律公告) (第41章第128(1)條) Fee $ 費用 $ 1 Section 5H(3)(a) 第5H(3)(a)條 6 2 Section 5H(3)(b) 第5H(3)(b)條 100 3 Section 13A(2)(b...

... 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...

... non-guaranteed benefits against the illustrated aggregate amounts for all relevant policies at the point of sale. A ratio close to 100% means the insurer has come close to achieving its projected non-guaranteed benefits. If the ratio is higher than 100%, it means that the actual payout was higher than the...

... the period from January 2018 to July 2020: Convoy Financial Services Limited paid $1,870,060.40 of its client monies into the client account of Convoy Financial Solutions Limited; Convoy Financial Solutions Services Limited paid $100,974.76 of its client monies into the...

...%） 114,455 （95%） 89,399 （94%） 92,218 （95%） 儲蓄／投資型 Savings / Investment 26,402 （6%） 6,391 （5%） 5,518 （6%） 4,929 （5%） 保單總數 Total no. of policies 410,541 （100%） 120,846 （100%） 94,917 （100%） 97,147 （100%） 季度變化 Quarter-on-Quarter change -- ↓ 9 . 3 % ↓ 2 1 . 5 %  2 . 3 % 新造保單保費（單位：百萬港元） New office premiums...

... 第三者 Third Party 324,984 13,634 綜合 Comprehensive 24,012 523 267,550 第三者 Third Party 83,397 2,718 綜合 Comprehensive 7,101 128 57,250 第三者 Third Party 32,141 822 綜合 Comprehensive 36,802 4,738 2,673,996 第三者 Third Party 73,482 9,085 綜合 Comprehensive 1,791 355 29,060 第三者 Third Party 100,154 80,894 綜合...

...        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 refunded would be less than 100% if claims have...