Regulatory Alerts2019-09-25
Added · Updated
Enhanced Measures on Selling of Annuity Insurance Products Annex 2: Requirements on the Annuity Payment Table
The regulator mandates specific presentation requirements for annuity payment tables in fact sheets to ensure transparency for policyholders. Participating policies must display guaranteed, non-guaranteed, and total monthly payments under current, pessimistic, and optimistic scenarios. Universal life policies are required to show total payments under guaranteed or conservative bases alongside current and scenario-based projections.