English Articles
What exam should I take if I want to sell group insurance, accident insurance and disability insurance with death compensation?
Are group insurance, accident insurance and disability insurance with death compensation general insurance policies or long-term policies? In fact, there is no absolute answer, because an insurance policy with both accident/disability compensation and life insurance components can be general policies or long-term policies, depending on the plan. As in death compensation accident insurance: It…
Read MoreWhat exam should I take if I want to sell life insurance, savings life insurance, annuities, and critical illness insurance?
Life insurance, endowment insurance, annuities, and critical illness insurance are all insurances that are particularly related to human life. Life insurance and endowment life insurance are types of insurance that pay consolation money to the beneficiary after the death of the insured. Annuities are closely related to the life of the insured. Basically for…
Read MoreWhat exam should I take if I want to sell accident insurance, domestic helper insurance, and medical insurance?
Accident insurance, domestic helper insurance, and medical insurance are all medical-related insurances that are purchased in order to avoid burdening huge (medical) expenses. According to Hong Kong’s “Insurance Ordinance”, general business protection covers 17 categories, including accidents, sickness, and general legal liability. Therefore, if you want to sell accident insurance, domestic helper insurance, and medical…
Read MoreWhat exam should I take if I want to sell engineering insurance and liability insurance?
Engineering insurance and liability insurance are insurances designed to avoid huge financial burdens caused by huge losses. Part of the engineering insurance will protect the legal liabilities of causing the third party to be injured or have property losses; while the liability insurance is to compensate for the liabilities derived from causing injuries or losses…
Read MoreWhat exam should I take if I want to sell car insurance, water damage insurance, home insurance, property insurance, and marine cargo insurance?
Car insurance, water damage insurance, home insurance, property insurance, and marine cargo insurance are all property insurances that are purchased to cover losses caused by accidents. According to Hong Kong’s “Insurance Ordinance”, general business insurance covers 17 major categories, including land vehicles, ships, fires and natural forces, damage to property, etc. Therefore, if you want…
Read MoreWhat is the Use for IIQE Certificates?
Is there any difference between notification of results and a certificate? Do I need to submit both at the same time when I apply for a license? The IIQE notification of results and certificate are two different kinds of proof. The Vocational Training Council (VTC) Institute of Professional Education and Knowledge (PEAK) is responsible…
Read MoreWhat is the Use of an HKSI Notification of Result and Certificate? Do I Need to Submit Both for SFC/HKMA License Application?
HKSI’s notification of results and HKSI certificate are two different kinds of proof. The Hong Kong Securities and Investment Institute is responsible for organizing examinations and issuing certificates. Therefore, the notification of results and certificates are issued by HKSI. However, passing the HKSI LE exam and being issued a certificate is not necessarily related. Anyone…
Read MoreCan a Masters degree graduate in Management, literature subjects graduate, top up degree graduate in finance and law or associate degree holder waive some of the HKSI LE securities exam papers?
Earlier we shared that there are some circumstances where students who wish to join the industry as securities practitioners can possibly be exempted from certain exams based on their academic qualifications and/or work experience. If you meet certain academic and/or work experience requirements, students may not have to take HKSI LE Papers 7-12. In other…
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How can I verify the identity of past insurance brokers and insurance agents? How to check the insurance intermediary license records expired before September 23, 2019?
Where can I verify the identity of insurance brokers and insurance agents? For information on insurance intermediaries that are still valid after September 23, 2019, or newly applied after that day, you can find them on the public search on the website of Insurance Authority: https://iir.ia.org.hk/#/index The development history of insurance brokers and…
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Can a holder of an original SFC type 1 license be a type 4 and the type 9 license R.O.?
Why do fund managers/asset management companies need to obtain a Type 4 license? There is a type 1 regulated activity (Dealing in Securities) license holder who has many years of experience. This person has passed the Paper 6 of the Licensing Examination for Securities and Futures Intermediaries (HKSI LE). Can he become the RO responsible…
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