... the age of 75, and a 10-year annuity period. This means that the entire policy term can be over 60 years. As at December 2022, among all the certified Qualifying Deferred Annuity Policies (QDAPs), the policy with shortest premium payment period was five years, while the longest premium...

... 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...

... major jurisdictions in 2050: Japan (1st at 40.1%); South Korea (2nd at 35.9%); Taiwan (4th at 34.9%); Germany (19th at 30.1%); US (48th at 22.1%). - 4 - million in 2014 to 2.58 million in 2064. Hong Kong people are definitely living longer. Among the elderly people now aged 65, 60% are expected to live...

... major jurisdictions in 2050: Japan (1st at 40.1%); South Korea (2nd at 35.9%); Taiwan (4th at 34.9%); Germany (19th at 30.1%); US (48th at 22.1%). - 4 - million in 2014 to 2.58 million in 2064. Hong Kong people are definitely living longer. Among the elderly people now aged 65, 60% are expected to live...

... major jurisdictions in 2050: Japan (1st at 40.1%); South Korea (2nd at 35.9%); Taiwan (4th at 34.9%); Germany (19th at 30.1%); US (48th at 22.1%). - 4 - million in 2014 to 2.58 million in 2064. Hong Kong people are definitely living longer. Among the elderly people now aged 65, 60% are expected to live...

... differ according to the size and structure of the insurer and the type of business it conducts. However, the basic principles of the Board of Directors (“Board”)’ responsibility, the need for an investment policy, segregation of duties and control will be applicable to all authorized insurers. 1.3. The...

... operative under the new policy? The “Incontestability Clause” under your existing policy may already have taken effect to protect your interests. That means the validity of the existing policy is incontestable unless there is, for example, fraud or non-payment of premiums. (g) Is the type of the new policy...

... policy for ensuring that relevant staff receive adequate AML/CFT training? Have the insurance institutions monitored who have been trained, when the staff received the training, the type of the training provided and the effectiveness of the training? Staff Training 24 • Training materials regularly...

...  All supporting documents in connection with the Application should be duly verified against the relevant original copy by your appointing principals before submission to the IA.  If you are an existing licensed insurance intermediary and intend to apply for a different type of insurance intermediary...

... identification of the conduct; and (v) the likelihood that the authorized insurer will engage in the same type of conduct in the future. (c) The previous disciplinary record and compliance history of the 4 authorized insurer, including: (i) previous disciplinary record and compliance history of the authorized...