Who should take life insurance policy?
Someone with dependents.
What are the benefits of being insured?
You will cover unforeseen expenses, protection to the family and loved ones, and peace of mind.
Which insurance policy is compulsory in Hong Kong?
Employee Compensation insurance is compulsory in Hong Kong. However, health insurance is not mandatory in Hong Kong.
What is the cost of health Insurance in Hong Kong?
The Hong Kong health insurance is relatively cheaper as individuals will part with approximately $6432 every year while private family health insurance plan in Hong Kong costs 18,494 per year.