..., universal life policies and various types of endowment policies. Protection products, such as term life or Voluntary Health Insurance Scheme policies, which typically do not have any cash value, are rarely seen in premium financing arrangements as they are less likely to be accepted as collateral....

... mislead investors’ focus from the proper consideration of the product.” SFC b. Paragraph 63 (page 79) of the Consultation Conclusion on Proposals to Enhance Protection for the Investing Public issued by the SFC in May 2010, states “The Commission would like to clarify that it is not our policy intent to...

... Insurance Authority (IA) attaches much importance to protection of policyholders’ interests and is concerned about the increasing trend of such fraudulent behavior of insurance agent applicants, which may cast great doubt about the fitness and properness of these persons to be registered as insurance...

... come from different lines of business with expertise within the insurance industry, as well as from related fields such as consumer protection, accounting, insurance law and compliance, academia, banking and management. The first meeting of the IACs was held in early September 2016. To recruit and...

... come from different lines of business with expertise within the insurance industry, as well as from related fields such as consumer protection, accounting, insurance law and compliance, academia, banking and management. The first meeting of the IACs was held in early September 2016. To recruit and...

... come from different lines of business with expertise within the insurance industry, as well as from related fields such as consumer protection, accounting, insurance law and compliance, academia, banking and management. The first meeting of the IACs was held in early September 2016. To recruit and...

... non-F2F distribution methods Despite the fact that insurance market of Hong Kong is relatively mature and developed, there exists a noticeable structural imbalance in the life market towards insurance products with significant savings or investment elements and a glaring protection gap. The IA sees merit...

... attention to address 2 societal needs on retirement and healthcare, as well as adopting technologies to enable virtual on-boarding. These timely moves coincide with our conviction that Insurtech is a major driver of efforts to enhance financial inclusiveness and narrow the protection gap. From a regulatory...

... attention to address 2 societal needs on retirement and healthcare, as well as adopting technologies to enable virtual on-boarding. These timely moves coincide with our conviction that Insurtech is a major driver of efforts to enhance financial inclusiveness and narrow the protection gap. From a regulatory...