Regulatory Alerts2025-03-13
Added · Updated
Guidelines on Indexed Universal Life Insurance Products for Professional Investors
The Insurance Authority issued this circular to establish guidelines for the design and offering of Indexed Universal Life (IUL) insurance products exclusively to Professional Investors in Hong Kong. The document applies existing IA guidelines to authorized insurers and licensed insurance intermediaries, ensuring appropriate risk management and suitability standards for this specific investor category. It includes annexes detailing the application of these provisions and appendices containing the Important Facts Statement and Applicant’s Declarations required for compliance.
CIR
Current
Issue Date:
13 Mar 2025
20250313-8-EN.pdf (191.0 KB)
Topic:
Wealth Management & MPF - Insurance products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
13 Mar 2025
Annex - Application of provisions in the existing guidelines issued by the IA to the design and offering of IUL products by authorized insurers and licensed insurance intermediaries exclusively to Professional Investors in Hong Kong
Annex
Current
13 Mar 2025
Appendix - Important Facts Statement and Applicant’s Declarations
Annex
Current
13 Mar 2025
Annex - Application of provisions in the existing guidelines issued by the IA to the design and offering of IUL products by authorized insurers and licensed insurance intermediaries exclusively to Professional Investors in Hong Kong
Annex
Current
13 Mar 2025
Appendix - Important Facts Statement and Applicant’s Declarations
Cross referenced Document
Version History
Superseded Document
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