What insurance should a three-month-old child buy for him? What insurance company does Baoshan, Yunnan need to compare insurance?

With the improvement of living standards, people's awareness of insurance is getting stronger and stronger, which also accelerates the prosperity of the mainland insurance industry. More and more mainland residents go to Hong Kong to buy insurance. According to the data of the Office of the Commissioner of Insurance, the office premium of Chinese mainland in 20 13 was HK$ 149 billion, which was 50% higher than that in 20 12. The nine advantages of insurance in Hong Kong, such as low rate, high return and wider coverage, have provided more favorable living security for mainland residents and ignited the enthusiasm of mainlanders to go to Hong Kong for insurance.

First, the rate is low.

According to the survey, the premium for buying insurance in Hong Kong is only 1/3 or even 1/2 of that for buying insurance in the Mainland, which is one of the main reasons why mainland residents go to Hong Kong to buy insurance. The reason why the price is so much cheaper than that in the mainland is mainly because the insurance premium in Hong Kong is set according to the standards of developed countries, and the medical system in Hong Kong is sound and the basic insurance premium is very cheap. Coupled with the fierce competition in the insurance market in Hong Kong, the price is relatively cheap.

Second, the scope of protection is wider.

In China and Hongkong, the coverage of guaranteed insurance products is usually relatively wide, which is very popular among mainland residents. Take critical illness insurance as an example. Mainland insurance companies only provide more than 30 major diseases. In contrast, critical illness insurance can protect more than 40 kinds of major diseases, and also provide protection for more than 50 kinds of special major diseases such as cancer in situ 10.

Third, the expected return is higher.

In addition to protection, Hong Kong's expected income is also higher. For mainland residents, buying Hong Kong insurance is a good choice for investment appreciation. Most savings insurance returns in Hong Kong provide a compound annual rate of return of 5%- 10%, and sometimes even as high as 20%. The red envelope is also accompanied by an annual cash bonus or fund balance, and the bonus is 0%-30%. In contrast, the predetermined interest rate of life insurance in Chinese mainland has been fixed at 2.5% for a long time, and it was not raised to 3.5% until August 2065438+2003.

Fourth, the insured amount is higher.

According to the market demand, insurance companies in Hong Kong have their own positioning, accepting insurance coverage of less than $50,000 (HK$ 400,000).

Coverage ranges from $35 million. Because Hong Kong people have a high awareness of insurance and a high standard of living, millions of insurance policies are commonplace. The maximum amount of insurance that domestic people can apply for is $20 million. The maximum medical security for major diseases is 6,543,800+million.

Verb (abbreviation for verb) uncontroversial clause

In order to protect consumers, there is an "indisputable" clause in Hong Kong insurance policies, which stipulates that insurance companies cannot declare life insurance policies that have been in effect for more than two years "invalid" for any reason. To put it simply, the time limit for an insurance company to defend against reasons such as concealment, omission and false accusation of the insured is two years. After more than two years, the insurance company shall not refuse to pay compensation on this ground.

Sixth, the insurance process is simple and the review is loose.

Hong Kong life insurance companies can control risk reinsurance and risk management well on the basis of providing protection. Therefore, the insurance process will be much simpler and the review will be more relaxed. Life insurance or major illness insurance of HK$ 3 million is exempt from medical examination. If a medical examination is required, the expenses will be paid by the insurance company. If the insurance amount is less than $500,000, you only need to simply declare your financial situation.

Seven. Definition of death

In Chinese mainland, due to liability and exemption clauses, as well as natural disasters, earthquakes, riots, demonstrations, etc. The insured did not or may not intentionally participate in the accident that led to his death, and the beneficiary could not get compensation. However, in Hong Kong, there is no exemption or exemption clause in the insurance policy. The guarantee will not change because of the insured's relocation, immigration, career change, etc. Insurance companies only have time rules for suicide claims.

Eight, to provide free services for policy claims.

The Hong Kong Insurance Claims Complaints Bureau provides an effective free channel for individual policy holders or their beneficiaries to coordinate and resolve claims disputes arising from their individual policies with the member companies of the Complaints Bureau. From May 2003 1 2065438, the Insurance Claims Complaints Bureau of Hong Kong extended its service scope to non-Hong Kong residents. As long as the policy is a member company of the Complaints Bureau, according to the laws of Hong Kong, all policy holders, no matter where they live, can get free services from the Complaints Bureau.

Nine. Protecting offshore assets

Due to the high confidentiality of insurance companies, high-end customers can enjoy insurance products to safely transfer some assets abroad, and at the same time, they can use the characteristics of insurance products to enlarge assets through the leverage of premiums and insurance coverage. As the third largest financial center in the world, after London and new york, Hong Kong has powerful insurance companies from all over the world and has made extensive investments all over the world. It has always been the last refuge of the rich.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.