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Important Information about the Insurance Authority Collecting Levy on
Insurance Premiums of Individual Insurance PoliciesSince January 1, 2018, the Insurance Authority ("IA") has imposed a prescribed levy, payable by the policy owner, on insurance premiums in accordance with the Insurance (Levy) Regulation and the Insurance (Levy) Order under the Insurance Ordinance (Cap. 41). In this regard, a policy owner is required to pay the levy to the IA throu
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