... (effective 1/1/2005) 1 Annex 1 CUSTOMER PROTECTION DECLARATION FORM IMPORTANT DOCUMENT! PLEASE STUDY CAREFULLY BEFORE SIGNING! This is an IMPORTANT PART of the Code of Practice for Life Insurance Replacement (“Code”) and the Minimum Requirements as specified by the Insurance Authority under the...

..., client’s age at policy inception and ability to afford the product including ability to pay regular premiums throughout a policy payment term; 12.3 different financial needs, priorities and circumstances or requirements, at least in terms of insurance (or protection), saving, or investment. 13. Members...

... (effective 1/1/2005) 1 Annex 1 CUSTOMER PROTECTION DECLARATION FORM IMPORTANT DOCUMENT! PLEASE STUDY CAREFULLY BEFORE SIGNING! This is an IMPORTANT PART of the Code of Practice for Life Insurance Replacement (“Code”) and the Minimum Requirements as specified by the Insurance Authority under the...

... insurance policy. CUSTOMER PROTECTION DECLARATION FORM IMPORTANT DOCUMENT! PLEASE STUDY CAREFULLY BEFORE SIGNING! (Revised as at Oct 2008) 2 The Agent/Broker MUST HELP YOU complete all items below and tick where appropriate. Please write down the life insurance policy(ies) replaced/to be replaced and...

... ........................................... 12 1 1. Introduction 1.1 This Guideline is issued by the Insurance Authority (“IA”) pursuant to section 133 of the Insurance Ordinance (Cap. 41) (“Ordinance”). The IA’s principal function is to regulate and supervise the insurance industry for the protection of existing and potential policy holders...

... ........................................... 12 1 1. Introduction 1.1 This Guideline is issued by the Insurance Authority (“IA”) pursuant to section 133 of the Insurance Ordinance (Cap. 41) (“Ordinance”). The IA’s principal function is to regulate and supervise the insurance industry for the protection of existing and potential policy holders...

... PROTECTION Progress is on track for the Policy Holders’ Protection Scheme to be introduced into the Legislative Council1, heralding a safety net to cope with insolvency of insurers. On fair treatment of customers, the IA promulgated six guidelines in relation to long term insurance policies, covering...

... PROTECTION Progress is on track for the Policy Holders’ Protection Scheme to be introduced into the Legislative Council1, heralding a safety net to cope with insolvency of insurers. On fair treatment of customers, the IA promulgated six guidelines in relation to long term insurance policies, covering...

...). Policy Replacement 9.1 Prior to advising client to replace an existing ILAS policy, Member should ensure that an updated analysis of client’s financial needs has been done and be kept in the client file. If the ILAS policy contains life insurance component, Member should complete a Customer Protection...

... $50,000 AND – Imprisonment for 3 months ©Hong Kong Police Force香港警務處版權所有 © H ong Ko ng Pol ice For ce For Tr ain ing Pu rpo ses On ly 香港 警務 處版 權所 有 只用 作培 訓用 途 Joint Financial Intelligence Unit Relevant Legislation Statutory Protection • S25A(3) of DTROP / OSCO & S12(3) of UNATMO a) Not treat as a...