This page lists the sources cited across term.hk, grouped by jurisdiction and body. Each entry gives the body, title, date, link, how it is used on this site and the type of source. The "Date" column shows when a document was published, revised or updated; for web pages whose publication date cannot be confirmed, the date this site accessed the page is given (marked "accessed").
Source types:
- Primary: original text published by a regulator, government department, statutory body or industry association.
- Secondary: law firm articles, published bank guides, industry cross-references and similar; the text says so with wording such as "according to a law firm's analysis".
- Structural example: insurers' public product documents, used only to illustrate renewal, repricing, underwriting and conversion mechanisms; they are not recommendations and do not represent the product's current terms.
Hong Kong: Insurance Authority and regulatory documents
| Body | Title | Date | Link | Use on this site | Type |
|---|---|---|---|---|---|
| Insurance Authority (IA) consumer education website | Insurance products – Life insurance | Revised 2022-08-29 | English / Simplified Chinese | Definition of term life, renewal, conversion, who it suits | Primary |
| IA consumer education website | Tips on buying insurance | Revised 2022-08-29 | Link | Mainland visitors must sign in Hong Kong, duty of disclosure, death claim documents, insurable interest | Primary |
| IA | Guideline on Cooling-off Period (GL29) | Effective 2019-09-23 | Link | 21 calendar day cooling-off period and how it is counted | Primary |
| Investor and Financial Education Council (IFEC) | Life insurance | Published 2016-04; accessed 2026-10 | Link | 21-day cooling-off period and its start (cross-checked against GL29) | Primary |
| IA; AIA Hong Kong | Premium levy rate to be adjusted to 0.1% on 1 April 2021; Information about the Insurance Authority collecting levy on insurance premiums | 2021-03-31; accessed 2026-10-22 | IA press release / AIA explanation | Premium levy of 0.1%, capped at HK$100 a year for long-term policies | Primary |
| DLA Piper (law firm) | Insurance Authority of Hong Kong issues revised Guideline (GL16 2026 revision) | 2026-03-25 | Link | Products with a repricing mechanism may not be described as having "level premiums" | Secondary |
| IA | Interpretation Notes to GL30 (8th edition) | 2020-08 | Link | Exemption from FNA for policies without a significant savings element, and its limits | Primary |
| IA (formerly the Office of the Commissioner of Insurance) | Circular on Important Facts Statement for Mainland Policyholders | 2016-07-08 (effective 2016-09-01) | Link | Mainland residents must sign the IFS-MP when applying | Primary |
| IA | Mortality Protection Gap Study 2021 | Published 2021-08-25; education website revised 2022-08-29 | Summary | Gap of about HK$1.9 million per economically active adult, 5.7 times annual income | Primary |
Hong Kong: tax, dispute resolution, legislation and estate administration
| Body | Title | Date | Link | Use on this site | Type |
|---|---|---|---|---|---|
| Insurance Complaints Bureau (ICB); Lloyd's | ICB FAQ / Introduction; Complaint Handling Summary – Hong Kong | Accessed 2026-10-22; 2025-06 | ICB / Lloyd's summary | Limit of HK$1.5 million, 6-month deadline, free of charge, average of 4–6 months | Primary; Lloyd's as cross-reference |
| Financial Services and the Treasury Bureau; Legislative Council Panel on Financial Affairs | Insurance and Risk Management; Proposed Policy Holders' Protection Scheme (CB(1)271/2023(05)) | Accessed 2026-10-22; 2023-04-03 | FSTB / LegCo paper | Policy holders' protection scheme still in preparation; the three insolvencies since the late 1990s all involved small and medium-sized general insurers | Primary |
| Inland Revenue Department (IRD), Hong Kong | Salaries Tax Computation 2026/27 | Accessed 2026-10-24 | Link | Salaries tax deductions do not include life premiums | Primary |
| IRD | Estate Duty | Accessed 2026-10-22 | Link | Estate duty abolished from 2006-02-11 | Primary |
| IRD | AEOI – Guidance for Financial Institutions, Chapter 6 Excluded Accounts | 2019 edition; accessed 2026-10-24 | Chapter 6 | Conditions under which term life is an excluded account | Primary |
| IRD | Arrangement on automatic exchange of financial account information in tax matters between Mainland and HKSAR in force (press release) | 2018-09-11 | Link | Hong Kong–Mainland automatic exchange arrangement in force from 2018-09-06, first exchange in September 2018 | Primary |
| Mayer Brown JSM (law firm, via Mondaq); Hong Kong e-Legislation | Guarding Against The Creation Of Statutory Trusts When Assigning Life Insurance Policies As Collateral; 《已婚者地位条例》（第 182 章）(Married Persons Status Ordinance, Cap. 182) | 2015-06-10; accessed 2026-10-24 | Law firm article / Ordinance | Conflict between the section 13 statutory trust (insurance for the benefit of a spouse or children) and using a policy as collateral | Law firm article secondary; Ordinance primary |
| Hang Seng Bank | Bereavement Guide | 2025-12 | Link | A letter of confirmation is available where the estate is entirely cash and does not exceed HK$50,000; not applicable where it includes non-cash property such as insurance policies | Secondary |
Hong Kong: product documents (structural examples)
| Body | Title | Date | Link | Use on this site | Type |
|---|---|---|---|---|---|
| Hong Kong Life Insurance Limited (distributed by Chong Hing Bank) | Charming Life Level Term Plan 产品单张（CLT01-202601_041）(product leaflet) | 2026-01 | Link | Guaranteed renewable to 100, renewal premiums not guaranteed, online application conditions, 1-year suicide clause, 2-year incontestability period | Structural example |
| HSBC Life (International) Limited | HSBC Term Protector Product Factsheet (INHK-DTT-FS(0718)) | July 2018 edition; downloaded 2026-10-24 | Link | Premiums unchanged for the first 10 years and adjusted every 10 years, simplified underwriting limits, conversion right | Structural example (older edition; current documents prevail) |
Singapore: MAS, MoneySense and the Life Insurance Association
| Body | Title | Date | Link | Use on this site | Type |
|---|---|---|---|---|---|
| MoneySense (MAS) | Understanding term insurance | Updated 2026-09-28 | Link | Definition of term life, terms of 5 to 40 years, renewal premiums not guaranteed | Primary |
| MoneySense (MAS) | Basic Financial Planning Guide | Updated 2026-10-16 | Link | Death and TPD cover of about 9 times annual income, protection spending not exceeding 15% | Primary |
| MoneySense; LIA | Interpreting your insurance documents; COLIP §3.4 | 2026-05-11; 2018-06 | MoneySense / COLIP | 14-day free-look period (COLIP states at least 14 days) and its start | Primary |
| MoneySense (MAS) | Buying Direct Purchase Insurance | Updated 2026-09-28 | Link | Term DPI sum assured, term and age parameters | Primary |
| MoneySense (MAS) | Resolving a dispute with a financial institution | Updated 2026-08-27 | Link | Applications to FIDReC must be made within 6 months of the financial institution's final reply | Primary |
| MAS; compareFIRST | Consumers Can Now Compare Life Insurance Products Online and Buy Them Without Commissions; compareFIRST | 2015-03-31; accessed 2026-10-24 | MAS media release / compareFIRST | Comparison platform for Singapore life insurance products | Primary |
| LIA | 2022 Protection Gap Study – Key Findings | 2023-09-08 | Link | Mortality protection gap and the 9–10 times rule of thumb | Primary |
| LIA | Your Guide to Life Insurance v2.0; MU 63/18 DPI Guidelines | 2020-05; 2018-06-29 | YGTLI / DPI guidelines | Grace period, reinstatement, no policy loans on term life, contestable period and one-year suicide exclusion | Primary |
| LIA | LIA Guide to Medical Underwriting for Life Insurance v3.0 | 2024-04 | Link | Underwriting principles and the four underwriting outcomes | Primary |
| LIA | Your Guide to Nomination of Insurance Nominees (Mar 2026 v1.0) | 2026-03 | Link | Trust and revocable nominations, nominee predeceasing, S$150,000 proper claimant rule | Primary |
| LIA | Code of Life Insurance Practice §5 | 2018-06 | Link | Timelines for claim notification, acknowledgement, further documents, decision and payment; late-payment interest; register of unclaimed benefits | Primary |
| MAS | Guidelines to MAS Notice 314 (Life Insurers); Circular AMLD 01/2022 | 2025-06-30; revised 2022-02-08 | Notice 314 guidelines / AMLD 01/2022 | Customer due diligence framework for non-face-to-face business relationships | Primary |
Singapore: tax, protection schemes, dispute resolution and other bodies
| Body | Title | Date | Link | Use on this site | Type |
|---|---|---|---|---|---|
| Ministry of Health (MOH); LIA | Moratorium on Genetic Testing and Insurance; Consumer Guide (Oct 2025) | 2025-11-07; 2025-10 | MOH | Moratorium on predictive genetic testing and the approved financial thresholds | Primary |
| Singapore Deposit Insurance Corporation (SDIC) | PPF Entitlement; Scope of PPF Coverage | Accessed 2026-10-22 | Entitlement / Scope | S$500,000 cap on guaranteed sum assured for individual life policies; both residents and non-residents covered | Primary |
| Financial Industry Disputes Resolution Centre (FIDReC) | FIDReC 首页 (FIDReC homepage) | Accessed 2026-10-24 | Link | Adjudication limit of S$150,000 per claim; filing a dispute is free | Primary |
| CPF Board | What is the Dependants' Protection Scheme?; DPS media release | 2026-02-26; 2024-06-25 | Explainer / Media release | DPS sum assured (by policy year) and eligibility | Primary |
| IRAS | Life Insurance Relief | Updated 2026-08-10 | Link | Conditions for Life Insurance Relief (including how CPF contributions are counted) and the amount | Primary |
| IRAS | Estate Duty | Updated 2026-03-09 | Link | Estate duty removed from 2008-02-15 | Primary |
| IRAS | IRAS e-Tax Guide: Common Reporting Standard (Fifth Edition) | 2026-08-11 | Link | Term life is not a cash value insurance contract (§5.11.5, §9.5) | Primary |
| IRAS | Tax residency | Updated 2026-04-27 | Link | Criteria for Singapore individual tax residency (cited in the glossary) | Primary |
| IRAS | Insurance Premium (tax treatment of insurance bought by employers for employees) | Updated 2026-03-06 | Link | Statement that group insurance payouts are capital receipts and not taxable (limited to the group insurance context) | Primary |
| Singapore Department of Statistics (SingStat) | Death and Life Expectancy – Latest data | 2026-06-03 | Link | Life expectancy at birth for Singapore residents in 2025 of 83.9 years | Primary |
| Hong Kong Monetary Authority; MAS | Linked Exchange Rate System; Monetary Policy Framework | Revised 2024-06-27; accessed 2026-10-24 | HKMA / MAS | Hong Kong dollar linked exchange rate band; Singapore dollar exchange rate policy framework | Primary |
Mainland China and cross-border documents
| Body | Title | Date | Link | Use on this site | Type |
|---|---|---|---|---|---|
| Standing Committee of the National People's Congress (via the State Taxation Administration law database) | 中华人民共和国个人所得税法 (Individual Income Tax Law of the PRC) | Seventh amendment 2018-08-31 | Link | 183-day test for resident individuals; insurance compensation exempt from individual income tax | Primary |
| State Administration of Foreign Exchange, Sichuan Branch | 业务咨询常见问题一览 (FAQ on business enquiries) | 2019-05-27 | Link | Offshore life insurance falls under the capital account and is not yet open | Primary |
| State Taxation Administration and five other authorities | 非居民金融账户涉税信息尽职调查管理办法（公告 2017 年第 14 号）(Administrative Measures on Due Diligence of Non-Resident Financial Account Information, Announcement No. 14 of 2017) | Published 2017-05-09, effective 2017-07-01 | Link | Mainland CRS measures cover insurance contracts with cash value | Primary |
| Hague Conference on Private International Law (HCCH); Singapore Ministry of Law | Apostille Convention status table; Apostille Convention Enters into Force for Singapore | Accessed 2026-10-24; 2021-09-16 | Status table / Ministry of Law | Convention applied to Hong Kong from 1965-04-25 and continued to apply from 1997-07-01; entered into force for Singapore on 2021-09-16 and for China on 2023-11-07 | Primary |
| Ministry of Foreign Affairs of the PRC | 《取消外国公文书认证要求的公约》将于2023年11月7日在中国生效实施 (Apostille Convention to enter into force in China on 7 November 2023) | 2023-10-23 | Link | Date the Convention took effect for China; apostilles issued by the Ministry and authorised local foreign affairs offices | Primary |
Notes on use and updates
- Verification date: this page was last verified on 24 October 2026. Regulatory documents, tax rules and product terms change, so readers should rely on the current version at each link before use.
- Product documents: the "structural examples" above are used only to illustrate renewal, repricing, underwriting and conversion mechanisms; they are not recommendations and do not represent the product's current terms. This site does not cite product documents of the insurer affiliated with the content initiator's team.
- Matters for which no source was found: this site has found no published source for a Hong Kong code on claims timelines equivalent to the Singapore LIA code, current Hong Kong rules on genetic testing in underwriting, common published conditions for foreign applicants in Singapore, or an official cross-border premium comparison between the two markets. On these points the text says only that the insurer's rules or policy terms prevail, and gives no figures.
- Corrections: if you find a broken source link or content that has been updated, please let us know through the contact details on this site, and we will check and revise it.
Sources and dates
- Insurance products – Life insurance — Insurance Authority (IA), Hong Kong, consumer education website · 2022-08-29
- Understanding term insurance — MoneySense (MAS) · 2026-09-28
- Code of Life Insurance Practice — Life Insurance Association, Singapore (LIA) · 2018-06