Hong Kong bans insurance intermediary Lim Ka Kit for nine months
The HKMA found that he pressured eight clients to acquire medical insurance coverage.
Hong Kong’s Insurance Authority has banned Lim Ka Kit from being an insurance intermediary for nine months.
In an investigation by the Hong Kong Monetary Authority (HKMA), Lim was alleged to have pressured eight clients into acquiring medical insurance coverage via telemarketing despite their requests for time to consider, the Insurance Authority said on 11 November.
On two occasions, Lim is said to have induced clients to alter their heights and weights for the purpose of meeting relevant underwriting requirements, the Insurance Authority said.
Lim is a former technical representative of an authorized institution.