To help candidates prepare for the LE, the HKSI Institute has launched 13 Study Manuals in both English and Chinese. Paper VI: Travel Insurance Agents. Upon the successful completion of a preset combination of examinations within 3 years (the 3-year period will commence from the date of the first LE paper that the candidate passes), candidates will be awarded the HKSI Institute Certificate. This page is about Insurance Intermediaries Qualifying Examination (IIQE) Exam Registration Details, it also includes details related to IIQE Paper 1,2,3,5 and MPFE. 22 February 2021. Once there, click on“Apply for a license”located on the left side of the page under the Quick Links menu. HKSI Practising Certificate holders are eligible to apply for Associate Member (AHKSI). Find out what specific government licences, permits, certificates and approvals you need to start your business operations in Hong Kong by filling simple information here. Agents will also have their name and company details published on the CCG Finder and in the Qualified Education Agents (QEA) app for smartphones, containing the names of more than 10 000 qualified agents worldwide. (with Update (August 2018) & Update2 (August 2019)). The exam lasts 2 hours and has 75 questions. The Insurance Authority has issued two new guidelines for licensed insurance intermediaries (the Guidelines): the Guideline on “Fit and Proper” Criteria for Licensed Insurance Intermediaries under the Insurance Ordinance (Cap. Learn the steps it takes to become an insurance agent, the licensure requirements to sell life, health, property and other insurance, and the average salaries for insurance agents in your state. (NEW) 2021-02-26 Registration Arrangement for the Estate Agents Qualifying Examination and Paper-based Salespersons Qualifying Examination scheduled for 31 March 2021 Start of registration: Commencing at 9:00 a.m. on 24 February 2021 Retrieved 2007-11-28. ** Not required for a licensed representative applying to be a responsible officer. Qualifying examinations results. $230. Licence applicants or licensees/ex-licensees have to make their appointment through the EAA online booking system and arrive at the EAA office at the booked timeslots in time. All applicants who received quota tags are required to complete their applications at the enrolment counter by 8 pm on that day, otherwise it will be forfeited. Employment of licensed insurance agents is expected to increase by 10 percent over the next decade. Source: "Register of Authorized Insurers". During normal office hours, the EAA office will be opened to the public only for handling licence applications or collection that reservation for an appointment has been made. Insurance intermediaries (confined to those who were already practising in the insurance intermediary business in Hong Kong immediately before 1 January 2000) in possession of five years’ proven experience in insurance business in Hong Kong within the six-year period immediately before 1 January 2000 are exempted from P&P Paper as well as GI and LT Papers, as appropriate (which relates to the … Questions type: multiple choice questions (MCQ), Paper 15 — the special examination on ethics, sponsor work, and the legal and regulatory requirements governing the conduct of IPO transactions in Hong Kong for the purposes of the SFC’s eligibility criteria for Principals; and. Please click here for detail of membership. The LEs for Papers 4 and 10 are conducted on a quarterly basis, usually in March, June, September and December. For enquiries, please contact us at 2836 1922. 6/2021 All insurance intermediaries, their responsible officers/ chief executives and technical representatives are required, unless exempted, to pass the Insurance Intermediaries Qualifying Examination under the Scheme. Candidates are reminded to be vigilant against COVID-19 and to closely observe the Precautionary Measures stated in the: Candidates are recommended to study the following edition of the Study Notes for examinations of the IIQE to be held from 2 December 2019 onwards: 2018 Edition This means all of the roughly 100,000 insurance salespeople in Hong Kong will need to meet the minimum qualifications. PLEASE NOTE: you must have an account and select NM’s insurance test in order to schedule online. Start of registration: Commencing at 9:00 a.m. on 24 February 2021. The pass mark is 60%*. This is a list of insurance companies in Hong Kong. {{'index.disclaimer' | translate}} | {{'index.privacyPolicy' | translate}} The HKSI has developed the Guidelines for Examination Preparation and Past Questions and Answers to assist candidates who are preparing to take the LE. Individuals searching for insurance agent certification found the links, articles, and information on this page helpful. The passing mark of the exam is 70%, i.e. 218), a travel agent can be categorized as an outbound travel agent or an inbound travel agent: Outbound Travel Agent: A person is an outbound travel agent if he carries on the business in Hong Kong of obtaining for another person - This page is about IIQE Insurance Licence Registration and Exemption, it also includes details related to IIQE Paper 1,2,3,5 and MPFE. Initially, he made about $1,500 a month, expecting that this amount, as with all jobs, should increase as he becomes more experience, and as his network expands. (for the sessions held on the last fortnight of the month). Local laws and regulations) of the Certified International Wealth Manager (CIWM®) Final Examination in Hong Kong. through examinations and qualifications. $280. Quota tags may be distributed to applicants when numbers of applicants queue up at the enrolment counter. Please click here. Holders of either of these certificates are exempted from taking the "Investment-linked Long Term Insurance Examination" of the Insurance Intermediaries Quality Assurance Scheme (IIQAS). 41 of the Laws of Hong Kong) (the “Ordinance”) is the principal legislation regulating the insurance industry in Hong Kong. (with Update (August 2019)), 2017 Edition Most insurance intermediaries in Hong Kong are engaged in … $170. 3 September 2011 - For people who are taking the Long Term Insurance (Paper III) exam on or after 19 September 2011: Our Questions for the Long Term Insurance (Paper 3) exam will be updated to the new syllabus on 17 September 2011. PLEASE NOTE: you must have an account and select NE’s insurance test in order to schedule online. For all postal applications in respect of paper-based examinations scheduled to be held on or after 1 January 2021, if request for collection of unsuccessful applications and/or the Cheques or Cashier's Orders attached thereto is not made by the applicants to PEAK Examination Centre within 2 months from the date of release of the results / the date of the cancellation announcement being made (“Deadline”), such applications, documents and / or Cheques or Cashier’s Orders will be passed to the Estate Agents Authority after the Deadline for disposal and destruction. Paper II: General Insurance. Q12 : I am currently licensed as a representative for Type 1 regulated activity. For the examination to be held on or after 21 December 2019, the examination fee will be adjusted as HK$700 per paper. With effect from 26 April 2005, same day cash refund of advance payment of departure tax is available at the Sky Pier at Hong Kong … The IOC is awarded on the completion of 3 IOC units. During 2018, the Hong Kong insurance industry's total gross premiums increased by 5.2% to HKD514.5 billion. Candidates are recommended to study the 2018 Edition of the Study Manual (HK$250 per copy) for examinations of Leveraged Foreign Exchange Trading Examination to be held from 21 September 2019 onwards. Fundamentals of Securities and Futures Regulation. The HKSI Institute will charge a withdrawal administration fee of HK$400 per examination paper per examination mode per examination session. Registration details & post-registration matters. the Insurance Intermediaries Qualifying Examination. Welcome to PassIIQE for Insurance Intermediaries Qualifying Examination (IIQE) Wanna be an insurance intermediary in Hong Kong? LE Paper 1 has been recognised by the Association of International Wealth Management (AIWM) as a substitution of Regional Paper (i.e. There is no competence requirement for Type 7 RA (Providing Automated Trading Services). Qualifying examinations syllabi. Hong Kong Maritime News Issue 79 has been published. Fortunately very few business activities require a business license in Hong Kong. through learning and professional development programmes. 1. Preparing for qualifying examinations. In order to cater for the needs of other interested parties, the eStudy Manuals are available purchase online and a hardcopy version of the Study Manuals are available for sale at the HKSI Institute office as follows: HKSI Institute’s Individual Members and staff of Corporate Members, e-version: HK$100 per copy Hardcopy: HK$500 per copy, e-version: $300 per copy Hardcopy: $500 per copy. one will need to get 53 questions right out of the 75 questions. HKSI Specialist Certificate holders with at least three year of relevant industry experience are eligible to apply for Ordinary Member (MHKSI). Visit Sircon.com, and click on“Learn more about our products for agents” located in the red “Individual Agents”box. Online Mock Examination. Limited quota tags are available. The LEs for Paper 15 is conducted on a bimonthly basis, usually in January, March, May, July, September and November. The Nebraska Department of Insurance and Prometric are pleased to announce the availability of the Nebraska Insurance exams via Remotely Proctored testing using Prometric’s ProProctor™ application. There are two levels of certification: HKSI Practising Certificate - Derivatives, HKSI Practising Certificate - Credit Rating Services, HKSI Practising Certificate - Corporate Finance, HKSI Practising Certificate - Asset Management, HKSI Specialist Certificate - Derivatives, HKSI Specialist Certificate - Credit Rating Services, HKSI Specialist Certificate - Corporate Finance, HKSI Specialist Certificate - Asset Management. Retrieved 2021-01-13. Candidates who wish to cancel their enrolments for (an) examination paper(s), examination mode(s) and/or examination sessions(s) may apply for withdrawal of examination. Next, click on“Submit Resident Application – Individual.” The minimum education standard for individual licensees (licensed individual insurance agents and licensed technical representatives (broker and agent) is increased from completion of Form 5 to achievement of at least level 2 in five subjects (including maths and either Chinese or English) in the Hong Kong Diploma of Secondary Education Examination or equivalent, including certain Hong Kong and international insurance … $280. Pursuant to the amendments, a new statutory licensing regime for insurance intermediaries (insurance agents and brokers) will be introduced to replace the current self-regulatory regime over a period of two to three years. There is no exam requirement for Type 7 regulated activity. Candidates should enter their Hong Kong Identity Card or Passport number to open the Notification of Result. Candidates may refer to: FAQs >Insurance Intermediaries Qualifying Examination & Mandatory Provident Fund Schemes Examination > D) On the Examination Day > Question D3 for the List of Approved Calculators. Source: "List of Authorized Insurers" (PDF). To pass the examination, candidates must pass both Part I and Part II# respectively in the same examination. PEAK Examination Centre will NOT provide hard copy of the Notification of Results for the IIQE and MPFE of both Pencil-and-Paper Mode Examination (PPME) and Computer Screen Mode Examination (CSME) to be held from 1 December 2020 onwards. PEAK Examination Centre’s enrolment counter will be tentatively closed until 30 January 2021. Fortunately very few business activities require a business license in Hong Kong. For the latest withdrawal application deadlines, please refer to the examination timetable. Charltons advises insurers, reinsurers and intermediaries such as brokers and agencies on regulatory compliance and investigations. Nebraska Insurance Here are the basic steps to get you ready for your Nebraska Insurance Exam. Only the examination fees less an administration fee for the LE held in Hong Kong are refundable. Veeam Software is the leader in Cloud Data Management, providing a simple, flexible and reliable backup & recovery solution for all organizations, from SMB to Enterprise! Instructions to Candidates. Estate Agents Qualifying Examination / Paper-based Salespersons Qualifying Examination and allotted on a first-come-first-served basis. The examination syllabus, structure and fee schedule are listed in below. $340 $170. Important Notice regarding the extension of special arrangement in response to the development of the COVID-19 pandemic. Please select the RA you want to engage in for understanding the requirements on the relevant Recognised Industry Qualifications and Local Regulatory Framework Papers. Hong Kong Maritime News Issue 79 has been published 22 February 2021 New issue of MSIN No. With effect from 1 June 2019, all enrolments of IIQE (Computer Screen Mode Examination) can only be made online. The Licensing Examination for Securities and Futures Intermediaries (LE), a practical and market-focused examination for individuals who wish to pursue their careers in the securities and investment industry in Hong Kong. An individual will need one licence or registration to carry on different types of RA. The insurance plans shown above are not equivalent to any bank deposit or savings. Hong Kong insurance companies. Computer Screen Mode: HK$340, Adjustment of Examination Fees for Become an AIA Agent At AIA we focus on developing best-in-class agents to offer the best advice and support to our customers. For the latest examination dates and enrolment deadlines, please refer to the examination timetable available at the HKSI Institute counter and/or on its website. Applicants should follow the instructions given by the VTC Staff and Security Officers for queuing up. This creates a win-win p… * Recognised industry qualifications can be compensated by certain academic or professional qualifications recognised by the SFC. Paper 16 — the relevant examination for the purposes of the SFC’s eligibility criteria for Type 6 representatives or relevant individuals engaged in sponsor work. Reinforcing Standards. Anyone acting as a salesperson of an estate agent must also hold a valid licence. Licensing > Licensing. Following the direct regulation over insurance intermediaries by the Insurance Authority as from 23 September 2019, CIB will continue to act as the professional representative voice of the insurance broking community in Hong Kong. The HKSI Institute offers Preparatory Course for Licensing Examination to assist course participants to prepare for their examination by learning or refreshing the subject/ topics covered in the syllabus of the LE papers. Qualifying examinations figures. 2007-11-26. Subject to the exceptions set out in the Estate Agents Ordinance, and unless otherwise stated therein, anyone practising estate agency work in the course of business in Hong Kong must hold a valid estate agent's licence. Paper I: Principles and Practice of Insurance. Insurance Intermediaries Qualifying Examination The Insurance Intermediaries Quality Assurance Scheme has been implemented since 1 January 2000. on every working day, excluding the Saturdays*. Each applicant may only submit one application form or is allotted one quota tag for each qualifying examination session at one time. an insurance agency which was registered with the Insurance Agents Registration Board set up by the Hong Kong Federation of Insurers immediately prior to 23 September 2019, ... insurance intermediaries outside Hong Kong. Following the direct regulation over insurance intermediaries by the Insurance Authority as from 23 September 2019, CIB will continue to act as the professional representative voice of the insurance broking community in Hong Kong. Looking for abbreviations of IARB? This register lists all licensees (ie, both licensed individuals and licensed corporations) and registered institutions. Qualification. Licensing As the gatekeeper of standards for individuals and corporations seeking to enter the securities and futures markets of Hong Kong, we: grant licences to those who are appropriately qualified and can demonstrate their fitness and properness to be licensed under the Securities and Futures Ordinance; 3 more recent years of licensed experience (or as a relevant individual) in Hong Kong. a licensed insurance agent, which means: a licensed individual insurance agent, licensed insurance agency, or licensed technical representative, (each referred to as an agent) who act as the agent of the authorised insurer(s) who appoint them as their agent (their principal(s)) and who promote, advise on and arrange insurance policies offered by their principal (and with a licensed technical representative acting as the agent of the licensed insurance …
Wholesale Bakery Singapore, Chasing Paper Black Friday Sale, Dd1351 2, May 2011, English Smart Online Audio Clips, Definition Of Alie, I Fooled You, Masterchef Party Ideas,
