... potential policy holders; (ii) the ongoing servicing of QDAPs (such as issuance of the Annual Summary); (iii) training; and (iv) record keeping requirements. 7. Commencement 7.1 This Guideline shall take effect on 1 April 2019. March 2019 5 Annex A – Criteria for QDAP General 1. The policy is underwritten...

... should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h protection and long-term savings...

... that I am willing to pay the premiums for the entire payment term of the ILAS policy. Name of Customer Signature of Customer Date Name of Licensed Insurance Intermediary Signature of Licensed Insurance Intermediary Date # delete as appropriate Section III: Suitability Declaration I (“customer...

... that I am willing to pay the premiums for the entire payment term of the ILAS policy. Name of Customer Signature of Customer Date Name of Licensed Insurance Intermediary Signature of Licensed Insurance Intermediary Date # delete as appropriate Section III: Suitability Declaration I (“customer...

... phase; and (iii) the completion phase. An outline of each of the stages is set out below. What happens before the IA comes on-site? The IA will contact the relevant licensed insurance broker company about the inspection around one month prior to the intended on-site stage of...

... time. Such systems will vary from insurer to insurer, but should be: (i) sufficiently robust to reflect the scale of the risks and the investment activity undertaken; (ii) capable of accurately capturing and measuring all significant risks in a timely manner; (iii) understood by all relevant personnel...

... have been clearly explained to the prospective customer before fulfilment; iii. To ensure that all necessary product and marketing documents have been provided to the prospective customer before fulfilment; and iv. To ensure that the sales process for the purchase of an ILAS product has been done in...

... 主席的話 Chairman’s Message 第一章 保險業監管局 Chapter 1 About the Insurance Authority 第二章 機構管治 Chapter 2 Corporate Governance 第三章 2016-17年度主要工作 Chapter 3 Major Initiatives in 2016-17 第四章 展望 Chapter 4 Outlook 報告及財務報表 Reports and Financial Statements 附錄 Appendices 2 6 10 14 20 24 44 目錄 Contents 2 保險業監管局 Insuran...