... Premium Payment Period (Year) top down Annuity Commencement Age top down Annuity (Income) Payment...

... the integrity fostered by PIBA. 7 Inform Client of Cooling Off Right 5.1 Member should advise client of the Cooling-off period when, or before, client decides to purchase ILAS policy, and should further remind client of such right upon delivery of the policy. Member is expected to make itself...

... are: 1 Apr to 31 May (for Relevant Period 1 Oct to 31 Mar); and 1 Oct to 30 Nov (for Relevant Period 1 Apr to 30 Sep) For insurers of Composite Business, it is recommended to file General Business and Long Term Business separately into...

... of the waiting period Most medical insurance policies have a “waiting period” clause to avoid incurring liability for any claims arising from a disease contracted before the application for the policy. Any diseases or symptoms occurring during a specific period after the...

... purchase the insurance product. The authorized insurers and the licensed insurance intermediaries should also monitor the feedback on the marketing campaign or programme, such as customer complaints, statistics of lapsed and surrendered policies and policies cancelled within cooling-off period, and take...

... purchase the insurance product. The authorized insurers and the licensed insurance intermediaries should also monitor the feedback on the marketing campaign or programme, such as customer complaints, statistics of lapsed and surrendered policies and policies cancelled within cooling-off period, and take...

... licensees and their appointing principals (i.e. their appointing authorized insurers, licensed insurance agencies or licensed insurance broker companies) of the forthcoming deadlines in relation to the CPD assessment period from 23 September 2019 to 31 July 2021 (“Transitional Period”). • Submission of CPD...

... example, there are Guidelines issued in relation to long-term products on the subject of financial needs analysis, cooling off period, investment linked assurance scheme products, gifts and policy replacement. All these Guidelines have specific requirements with which licensed insurance agents must comply...

... example, there are Guidelines issued in relation to long-term products on the subject of financial needs analysis, cooling off period, investment linked assurance scheme products, gifts and policy replacement. All these Guidelines have specific requirements with which licensed insurance agents must comply...

... representative of an insurance agency (i.e. the bank) acting on behalf of an insurer and did not explain that the savings plan was a long term insurance policy. The technical representative had further failed to deliver the policy to the policyholder within the cooling-off period, resulting in the policyholder...