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⏭... Applicable Levy Rate Premium x Levy Rate Maximum Levy Levy Payable Remark HKD % HKD HKD HKD 1.1.2018 154,321 0.040 61.728.. 40 40.00 Maximum levy reached 1.1.2019 154,321 0.040 61.728.. 40 40.00 1.1.2020 154,321 0.060 92.592.. 60 60.00 1.1.2021 154,321 0.085 131.172.. 85 85.00 1.1.2022 154,321 0.100 154.321...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/notes_on_collection_of_levy_on_insurance_premium.pdf -
Date: 2019-10-23
... 740.74 1.7.2020 1,234,567 0.085 1,049.3819.. 4,250 1,049.38 1.7.2021 1,234,567 0.100 1,234.5670.. 5,000 1,234.57 Case II: General business policy Premium of HKD 1,234,567 payable annually Inception date at 1 January 2018 Inception/ Anniversar y Date Premium Applicable Levy Rate Premium x Levy Rate Maximu...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Notes_on_collection_of_Levy_on_Insurance_Premiumv2.pdf -
Date: 2019-10-23
... 740.74 1.7.2020 1,234,567 0.085 1,049.3819.. 4,250 1,049.38 1.7.2021 1,234,567 0.100 1,234.5670.. 5,000 1,234.57 Case II: General business policy Premium of HKD 1,234,567 payable annually Inception date at 1 January 2018 Inception/ Anniversar y Date Premium Applicable Levy Rate Premium x Levy Rate Maximu...
https://www.ia.org.hk/english/portal_for_insurers/lisa/files/Notes_on_collection_of_Levy_on_Insurance_Premium_v1.6.pdf -
Date: 2019-10-23
... after 1 Apr 2021 Levy rate 0.04% 0.06% 0.085% 0.1% Calculated by levy rate $150,000 x 0.04% = $60 $150,000 x 0.06% = $90 $150,000 x 0.085% = $127.5 $150,000 x 0.1% = $150 $40 $60 $85 $100 Levy payable, whichever is lower Levy cap for life insurance policy Life Insurance Policy Inception Date 1 April...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf -
Date: 2021-12-14
... after 1 Apr 2021 Levy rate 0.04% 0.06% 0.085% 0.1% Calculated by levy rate $150,000 x 0.04% = $60 $150,000 x 0.06% = $90 $150,000 x 0.085% = $127.5 $150,000 x 0.1% = $150 $40 $60 $85 $100 Levy payable, whichever is lower Levy cap for life insurance policy Life Insurance Policy Inception Date 1 April...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf -
Date: 2022-05-24
... after 1 Apr 2021 Levy rate 0.04% 0.06% 0.085% 0.1% Calculated by levy rate $150,000 x 0.04% = $60 $150,000 x 0.06% = $90 $150,000 x 0.085% = $127.5 $150,000 x 0.1% = $150 $40 $60 $85 $100 Levy payable, whichever is lower Levy cap for life insurance policy Life Insurance Policy Inception Date 1 April...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf -
Date: 2020-06-23
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Financial Arrangements
... payable for his policy will be $100, being the lower of: $150 (being $150,000 x 0.1%); or $100 (the cap for long term insurance policies) Example 3: Company C plans to buy a nine-month property...
https://www.ia.org.hk/english/aboutus/role/financial_arrangements.html -
Date: 2021-09-13
... 6,000 6,600 1,000 300 1,600 300 Note 1: The yearly interest is $100,000 (Loan principal amount of $5 million x assumed annual interest rate of 2%) Note 2: Upon...
https://www.ia.org.hk/english/premium_financing/pros_and_cons.html -
Date: 2024-01-18