Regulatory Alerts2025-03-13
Added · Updated
Indexed Universal Life Insurance Products for Professional Investors
The Insurance Authority issued this circular on 13 March 2025 to regulate the design and offering of Indexed Universal Life Insurance products by authorized insurers and licensed intermediaries. The guidelines restrict the sale of these products exclusively to Professional Investors in Hong Kong and apply existing regulatory provisions to their design and distribution. The document also includes an appendix containing the Important Facts Statement and Applicant’s Declarations required for compliance.