Upon successful subscription, you can complete the course within 60 days, but you must complete it before end of the course period.

Qualifying Deferred Annuity Policy ("QDAP") is an annuity scheme  recoganized by the Insurance Authority. This course will elaborate the criteria of a QDAP, for example, the minimum annuity period, the lowest age a customer can receive his first annuity, the risk disclosures and etc.

 

One of the biggest selling point of a QDAP is tax saving. To facilitate frontline insurance agents or brokers to promote products, we will compare other tax saving products with QDAP, these include MPF voluntary contribution and Voluntary Health Insurance Scheme.

 

For practical reasons, the course contains a number of Q&A, assisting attendants to understand how a QDAP can deduct the policyholder's tax expense in different situations.

 

From consumer's perspective, this course will also give some tips to consumers for them to select QDAP or other tax saving plans that suit their specific needs most. 

The basic concept of annuity, and a comparison of immediate annuity and deferred annuity.

 

The required structure and features of a deferred annuity to be recognized by the Insurance Authority as a qualified deferred annuity policy ("QDAP"), in terms of premium, payment period, the length of annuity period, the starting point of annuity period and etc.

 

Elaborate in details, with the support of Q&As, how a qualified deferred annuity policy ("QDAP") helps saving tax.

 

A simple but complete explanation of Internal Rate of Return (IRR), which is the essential indicator to decide if a QDAP is worth investing.

 

What factors a consumer should consider before purchasing a QDAP which suits his personal needs.