... for consumers in terms of convenience, some of them do not fully understand the financial products they are buying. To strengthen protection of the policyholders who take out insurance through banks, the Insurance Authority has just entered into a memorandum of understanding with the Hong Kong...

... for consumers in terms of convenience, some of them do not fully understand the financial products they are buying. To strengthen protection of the policyholders who take out insurance through banks, the Insurance Authority has just entered into a memorandum of understanding with the Hong Kong...

... insurance policy through Facebook and WhatsApp messages. The victim, after paying the premium through Faster Payment System (FPS) and receiving a cover note from the fraudsters, later found out that the cover note was forged and the policy application for the victim’s vehicle has never been made with...

... intermediary or remit premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not...

... intermediary or remit premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not...

... premiums to the intermediary’s personal bank account as it could be difficult to prove the amount paid was for a premium payment. When paying a premium by cheque, the cheque should be made payable to the insurance company or the intermediary company involved. The payee’s name should not be left blank, and...

... policyholders listed below lead us to believe that the above agent may be twisting business from our account. Please send us all Customer Protection Declarations for policies sold to these clients by the agent since . If any of the CPDs show that “no disadvantage” was claimed in any part of Section 2, please...

..., conflict or breach of conduct. Handling Client’s Premiums 4.3 In case where client pays premium through Member, Member should ensure that client’s premium is adequately safeguarded and is properly and promptly accounted for at all times. Disbursement payable to any insurer(s) should be settled in a timely...

... under the Ordinance. Under section 4A of the Ordinance, the principal function of the IA is to regulate and supervise the insurance industry for the promotion of the general stability of the insurance industry and for the protection of existing and potential policy holders. A relevant consideration in...

... under the Ordinance. Under section 4A of the Ordinance, the principal function of the IA is to regulate and supervise the insurance industry for the promotion of the general stability of the insurance industry and for the protection of existing and potential policy holders. A relevant consideration in...