... out your reasons/considerations for procuring this ILAS policy. The intermediary is required to take due account of the reasons/considerations set out by you, together with other relevant information, in assessing whether a particular ILAS policy is suitable for you. (2) Cooling-off period: You have...

... (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. IFS Versions  Fundamentally, there are two versions of the IFS to reflect the complexity of the Fees & Charges of the specific product being sold;  These...

... marketing, handling of application, cooling-off period, after-sales services, etc. for VHIS Providers to comply with so as 11 to supplement the Policy Template. It is particularly important for insurance intermediaries to get familiar with the requirements of the Code of Practice on “sales and marketing...

... unsuitable advice on insurance matters; ☐ Failing to explain the cooling-off period to policyholders or failing to deliver the cooling-off notice or insurance policy to the policyholder within the required timeframe or cooling-off period; ☐ Failing to conduct a proper financial needs analysis in relation to...

... unsuitable advice on insurance matters; ☐ Failing to explain the cooling-off period to policyholders or failing to deliver the cooling-off notice or insurance policy to the policyholder within the required timeframe or cooling-off period; ☐ Failing to conduct a proper financial needs analysis in relation to...