Rate of cost of insurance cost a note of the ancient Chinese five-tone scale will come at be being adjusted since April 1, 2021 0.1%

On March 31, 2021

Basis " insurance byelaw " (the 41st chapter) below " insurance (a note of the ancient Chinese five-tone scale is expended) your " order bright schedule, by tomorrow (on April 1, 2021) begin, rate of cost of insurance cost a note of the ancient Chinese five-tone scale will be adjusted 0.1% to insurance cost of year of every guarantee slip. A note of the ancient Chinese five-tone scale of life-insurance guarantee slip expends upper limit to be $100, general insurance guarantee slip is $5, 000.

The guarantee slip that divides exempt of the exemple that win a way 1 outside, cost of insurance cost a note of the ancient Chinese five-tone scale is applied to all be built newly or active life-insurance reach general insurance (travel for example safe, car insurance, property insurance and household insurance) guarantee slip; Policy-holder pays insurance cost in capture when, beard at the same time capture pays insurance cost a note of the ancient Chinese five-tone scale fee.

Basis " insurance byelaw " , the bureau that keep watch can press a note of the ancient Chinese five-tone scale of insurance cost collection to guarantee slip holder cost, be expended to accredit of insurance company collection or year cost, and the charge of collection of the person that use to specific service, run place in order to deal with to need. For the bring down influence to policy-holder, cost of insurance cost a note of the ancient Chinese five-tone scale is led with successive means, by adjust stage by stage since 2018 to the target level of 0.1% . About the detail that insurance cost a note of the ancient Chinese five-tone scale expends, consult announce handbill Zhangji keeps the common problem of inspect bureau website please.

Be over

Remarks:

(turn from Hong Kong insurance to superintend bureau 31/3/2021 press release)