... Declarations which can be exempted for top-up applications? A 16 Referring to the template provided by the IA (in Appendix 1), all items of the IFS, except paragraph 2 (Cooling-off period) and paragraph 4 (Long-term features) (for some legacy products without a Product Brochure and/or Product Key Facts...

... Insurance Policy i. Entire Contract Provision ii. Incontestability Provision iii Grace Period iv. Beneficiary Designation v. Nonforfeiture Benefits vi. Policy Loan vii. Reinstatement viii. Misstatement of Age or Sex ix. Assignment P 3 of 4 x. Dividend Options xi. Settlement Options xii. Suicide Exclusion V....

... product and the fact that the customer has a cooling-off period (see further paragraph 7 below); (h) “Linked long term business” refers to contracts of insurance in Class C (Linked long term) of Part 2 of Schedule 1 to the Ordinance. In this Guideline, a reference to an “ILAS product” or “ILAS policy” is...

... product and the fact that the customer has a cooling-off period (see further paragraph 7 below); (h) “Linked long term business” refers to contracts of insurance in Class C (Linked long term) of Part 2 of Schedule 1 to the Ordinance. In this Guideline, a reference to an “ILAS product” or “ILAS policy” is...

... product and the fact that the customer has a cooling-off period (see further paragraph 7 below); (h) “Linked long term business” refers to contracts of insurance in Class C (Linked long term) of Part 2 of Schedule 1 to the Ordinance. In this Guideline, a reference to an “ILAS product” or “ILAS policy” is...

... product and the fact that the customer has a cooling-off period (see further paragraph 7 below); (h) “Linked long term business” refers to contracts of insurance in Class C (Linked long term) of Part 2 of Schedule 1 to the Ordinance. In this Guideline, a reference to an “ILAS product” or “ILAS policy” is...

... charges, payment term, remuneration and cooling-off period, etc. Assist customer in policy application Remind customer again the importance of the post-sale call and the cooling-off period Explain clearly the IFS / Applicant's Declaration (“AD”) Insurer to check suitability of customer in FNA / RPQ and...

... relation to the IFS.  For the avoidance of doubt, the IFS must be obtained for products that are open for top-up. All items must be filled except Para. 2 (Cooling-off period) and (for some very old products without principal brochure and/or key facts statements) Para. 4 (Long-term features) of the IFS....

... GL28: Guideline on Benefit Illustrations for Long Term Insurance Policies Interpretation Notes GL29: Guideline on Cooling-off Period Interpretation Notes...

... point-of-sale is duly performed and an extended cooling-off period of no less than 30 calendar days is in place. Fast Track to process VO Sandbox applications The IA has set up a fast track to expedite the processing of applications from insurers without VO Sandbox intending to sell life...