...        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...

... 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...

... promote financial inclusiveness have become a pressing necessity. Last December, we authorized a local tech start-up to carry on insurance business in Hong Kong, offering simple products with high protection and low premiums. It operates solely through digital platforms to tap into underserved segments...

... promote financial inclusiveness have become a pressing necessity. Last December, we authorized a local tech start-up to carry on insurance business in Hong Kong, offering simple products with high protection and low premiums. It operates solely through digital platforms to tap into underserved segments...

... promote financial inclusiveness have become a pressing necessity. Last December, we authorized a local tech start-up to carry on insurance business in Hong Kong, offering simple products with high protection and low premiums. It operates solely through digital platforms to tap into underserved segments...

..., 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...

...欺詐或錯誤而導 致財務報表存在重大錯誤陳述的 風險，設計及執行審計程序以應 對這些風險，以及獲取充足和適 當的審計憑證，作為我們意見的 基礎。由於欺詐可能涉及串謀、 偽造、蓄意遺漏、虛假陳述，或凌 駕於內部控制之上，因此未能發 現因欺詐而導致的重大錯誤陳述 的風險高於未能發現因錯誤而導 致的重大錯誤陳述的風險。 27 年報 Annual Report 2016–17 • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are...

...欺詐或錯誤而導 致財務報表存在重大錯誤陳述的 風險，設計及執行審計程序以應 對這些風險，以及獲取充足和適 當的審計憑證，作為我們意見的 基礎。由於欺詐可能涉及串謀、 偽造、蓄意遺漏、虛假陳述，或凌 駕於內部控制之上，因此未能發 現因欺詐而導致的重大錯誤陳述 的風險高於未能發現因錯誤而導 致的重大錯誤陳述的風險。 27 年報 Annual Report 2016–17 • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are...