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... GL29 GUIDELINE ON COOLING-OFF PERIOD Insurance Authority Contents Page 1. Introduction…………………….…………………………. 1 2. Interpretation………………….………………...………… 1 3. Relevant Regulatory Requirements and Status of this Guideline…………………….……………………………. 3 4. Scope of Application………….…………………………... 4 5. Cooling-off...
https://www.ia.org.hk/english/legislative_framework/files/GL29_English.pdf - Date: 2020-09-24
... GL29 GUIDELINE ON COOLING-OFF PERIOD Insurance Authority Contents Page 1. Introduction…………………….…………………………. 1 2. Interpretation………………….………………...………… 1 3. Relevant Regulatory Requirements and Status of this Guideline…………………….……………………………. 3 4. Scope of Application………….…………………………... 4 5. Cooling-off...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/cooling_off.pdf - Date: 2020-06-24
[PDF] GL29.pdf
... GL29 GUIDELINE ON COOLING-OFF PERIOD Insurance Authority Contents Page 1. Introduction…………………….…………………………. 1 2. Interpretation………………….………………...………… 1 3. Relevant Regulatory Requirements and Status of this Guideline…………………….……………………………. 3 4. Scope of Application………….…………………………... 4 5. Cooling-off...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL29.pdf - Date: 2019-11-29
... Interpretation Notes Page 1 of 2 Interpretation Notes Guideline on Cooling-off Period (GL29) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline on...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL29.pdf - Date: 2020-09-24
... Interpretation Notes Page 1 of 2 Interpretation Notes Guideline on Cooling-off Period (GL29) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline on...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL29.pdf - Date: 2020-12-21
... cases when the brokers are vested with the obligation to deliver policies to clients, delay in doing on their part has deprived the clients of their right under the Cooling-off Initiative promulgated by the Hong Kong Federation of Insurers (“HKFI”). Cooling-off Period Life insurers in Hong Kong have...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN3_GN_on_Proper_Delivery_of_LT_Policy_29_1_2010_eg19.pdf - Date: 2019-12-20
... period also applies to online self-service insurance If you apply for long-term insurance policies online on your own, you will still enjoy a cooling-off period, which allows policy holders a reasonable time to carefully review the policy terms. If you consider the policy unsuitable...
https://www.ia.org.hk/english/digital_onboarding/online/points_to_note.html - Date: 2024-01-18
... Termination conditions Terms of the cooling-off period Proportion of non-guaranteed benefits and potential volatility You have to complete the application form and answer all the underwriting questions, such as your age, occupation and health condition....
https://www.ia.org.hk/english/participating_policy/sales_process.html - Date: 2024-01-18
... Circular providing Interpretation Notes relating to the Guideline on Cooling-off Period (GL29) 1 September 2020 Our Ref: INS/TEC/6/69 By Email Only To: Chief Executives of authorized insurers carrying on long term insurance business Dear Sirs, Circular providing Interpretation Notes relating to...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_01092020.pdf - Date: 2020-12-21
... – Points to Note for Virtual Onboarding via Video Conference” leaflet. A cooling-off period also applies If you apply for long-term insurance policies online on your own, you will still enjoy a cooling-off period, which allows policy holders a reasonable time to carefully review the policy terms. If after...
https://www.ia.org.hk/english/infocenter/files/Digital_onboarding_1_en.pdf - Date: 2021-12-14