Is it true that Hong Kong insurance companies will not go bankrupt?

Will Hong Kong insurance companies go bankrupt?

Life insurance companies all over the world are not allowed to fail. Article 46 of Chapter 4 1 of the Hong Kong Insurance Companies Ordinance stipulates that unless otherwise ordered by the court, the liquidator shall continue to operate the long-term business of an insurer with the purpose of transferring the business to another insurer as a going concern. In other words, if a life insurance company in Hong Kong is on the verge of crisis, the Hong Kong government will come forward to let the insurance company with financial strength merge the insurance company to protect the life insurance policies sold in Hong Kong from losses. So I suggest you buy the insurance policy of a well-known big company. The company has stable operation, good reputation and long-term investment guarantee.

What if the insurance agent who followed my policy quit?

Many customers have asked me this question. First of all, the insurance policy is a contractual relationship between the customer and the insurance company, which is protected by the laws of Hong Kong. Hong Kong insurance companies have a perfect system to deal with this problem. Secondly, I will choose insurance after careful consideration, in order to provide long-term services to my friends and customers. But I am also an ordinary person, and I will face birth, aging, illness and death. I believe that a 0-year-old child I serve may not be in this world by the time he is 60 years old. People in the company will flow. Based on these phenomena, the company will arrange colleagues with higher positions than me to continue to follow up your insurance policy.

Can mainland residents buy Hong Kong insurance? How to buy? What should mainland guests bring when they come to Hong Kong to buy insurance? )

The answer is yes. Mainland residents only need to contact the insurance agent in Hong Kong, and then bring the relevant documents to Hong Kong for insurance. Mainland residents only need to come to Hong Kong for insurance for the first time, and then all claims and renewal premiums do not need to come to Hong Kong. Mainland guests who come to Hong Kong for insurance are required to bring Hong Kong and Macao passes (or passports) and ID cards; If husband and wife protect each other, they need a marriage certificate or household registration book; If you insure your child, you need your child's birth certificate and vaccine book. (Pay by credit card with UnionPay logo)

Do I have to come to Hong Kong to sign the bill to buy Hong Kong insurance?

Chinese mainland's signing form is invalid, it is an underground insurance policy, and it is not recognized. To buy Hong Kong insurance, you must sign the bill in Hong Kong, which is protected by Hong Kong laws.

What types of insurance can Hong Kong insurance companies buy?

1, life insurance

2. critical illness insurance

3. Savings dividend insurance (infant education fund, pension)

4. Hospitalization medical insurance

5. personal accident insurance

6. Investment linkage plan

7. Universal life insurance

What are the steps for mainland residents to insure Hong Kong?

1. Applicants come to Hong Kong to apply for insurance with complete documents (the whole journey only takes about 1 hour).

2. Sign the bill at the insurance company.

3. Open an account in a bank near the insurance company (convenient for later payment and compensation)

What should I at least know before buying insurance in Hong Kong?

Before you decide to buy insurance in Hong Kong, you must ask yourself:

1. What kind of insurance did you buy? Is the insurance plan clear? Insurance purpose, premium, payment period, etc.

2. What is the duration and scope of the guarantee?

3. What is the claim settlement procedure?

Since the after-sales service of the policy is a long process, it is recommended that senior agents and brokers buy insurance, so that after-sales service can be guaranteed! Because you bought insurance, in fact, you bought "service".