Regulatory Alerts2020-08-05
Added · Updated
Circular Issued by the Insurance Authority on Sandbox Application for the Distribution of Long Term Insurance Policies via Video Conferencing Tools
The Insurance Authority issued this circular on 5 August 2020 to outline the requirements for sandbox applications seeking to distribute long-term insurance policies using video conferencing tools. The document establishes the regulatory framework and specific conditions under which authorized institutions may utilize remote video communication for insurance sales within the sandbox environment. It serves as the official guidance for applicants navigating the approval process for this specific distribution channel.
CIR
Current
Issue Date:
05 Aug 2020
20200805-2-EN.pdf (540.4 KB)
Topic:
Miscellaneous - SFC/IA/MPFA
Wealth Management & MPF - Insurance products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
05 Aug 2020
Circular Issued by the Insurance Authority (“IA”) on Sandbox Application for the Distribution of Long Term Insurance Policies via Video Conferencing Tools
CIR
Current
05 Aug 2020
Circular Issued by the Insurance Authority (“IA”) on Sandbox Application for the Distribution of Long Term Insurance Policies via Video Conferencing Tools
Cross referenced Document
Version History
Superseded Document
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