...        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...

... the 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...

... apply to the court for an order sanctioning the scheme of transfer. An insurer intending to transfer its general insurance business portfolio to another insurer may do so under section 25D of the ICO by obtaining the approval of the IA. During the year, there was no transfer of long term insurance...

... apply to the court for an order sanctioning the scheme of transfer. An insurer intending to transfer its general insurance business portfolio to another insurer may do so under section 25D of the ICO by obtaining the approval of the IA. During the year, there was no transfer of long term insurance...

... apply to the court for an order sanctioning the scheme of transfer. An insurer intending to transfer its general insurance business portfolio to another insurer may do so under section 25D of the ICO by obtaining the approval of the IA. During the year, there was no transfer of long term insurance...

... done in the correct order, with an FNA and RPQ at the heart of the process. 3 Effective date Member Companies which sell ILAS products are required to implement the Requirements as soon as practicable and in any event no later than 1 January 2016. 4 Requirements 4.1 Proper Sales Process The...

..., including the VHIS. The guideline will provide guidance on the expected standard and practices to ensure fair treatment of customers. 7 (d) Fundamental Features of the VHIS The VHIS is equipped with the following features in order for it to function effectively: (i) Insured Persons under the VHIS must be...

... whilst a tropical cyclone warning signal no. 8 or above is in force. (iv) Driving by any person other than an “Insured Driver”, which is usually defined as: (1) The insured, anyone who is driving on the insured’s order or with the insured’s permission, or anyone named in the policy schedule as an...

... be fit and proper persons to carry on regulated activities. Licensed insurance intermediaries who are individuals should continuously update their technical and regulatory knowledge and refresh themselves on the ethical standards through CPD in order to ensure their professional competence in...

... be fit and proper persons to carry on regulated activities. Licensed insurance intermediaries who are individuals should continuously update their technical and regulatory knowledge and refresh themselves on the ethical standards through CPD in order to ensure their professional competence in...