Insurance Guide

Taking the leap from being an employee to an employer or someone who is self-employed should not be taken lightly. It takes a lot of hard work, plenty of thought, long hours and even some courage to start up your own business. And, you need to find the right insurance policy to safeguard your new enterprise. The good news is that insurance plans and options are available to protect against all kinds of risks, whatever they may be, to your business. The trick is finding the right plan to suit your specific company and industry. Here, we discuss the must-have insurance coverage options for start-up businesses in Hong Kong and China.

With Japan finally reopening, many people from Hong Kong can finally travel 'back home'. If you want to explore hidden gems outside the cities or plan to visit multiple suburban attractions in a day, renting a car for self-drive travel is the most convenient option. Today, Kwiksure will look into the steps and important considerations when renting a car and self-driving in Japan!

Hong Kong parking lots suffer from lack of regulation. To maximize profits, many have narrow lanes, and some are located in old commercial buildings from the 60s and 70s, making them especially dilapidated. Not only new drivers, but even experienced ones often get scratches. No wonder many drivers prefer street parking despite the risk of fines! Here, Fast & Safe lists the worst and most hellish parking lots in Hong Kong, Kowloon, and the New Territories, highlighting signature trap spots and precautions!

The Transport Department (TD) has announced that HKeToll, a tolling-without-stopping service, will be gradually implemented at all government tolled tunnels this year to replace the manual and automatic toll booths. Drivers can then pay tunnel tolls with ease using toll tags, without having to stop or queue at toll booths. All that they need to do is to attach a “vehicle tag” to the windscreen. But what if you are already using Autotoll? Will you need to switch to HKeToll? And how does one apply for a vehicle tag? In this Kwiksure article, we will give a primer on HKeToll, answer the commonly asked questions, and more.

Cases of monkeypox (or mpox) have been reported in various parts of the world lately. In early September, Hong Kong also officially confirmed an imported case. The World Health Organization (WHO) has listed monkeypox as a public health emergency of international concern (PHEIC), and our Department of Health (DH) has launched a monkeypox vaccination program for high-risk groups in early October. How is monkeypox transmitted? What are the symptoms? How long is the incubation period? How high is the risk of dying from the disease? How long will the general population have to wait to get vaccinated? Will your travel insurance cover monkeypox? Don’t worry, because Kwiksure will answer all these questions for you here.

Car theft rates are not high in Hong Kong compared to many other cities, but that doesn’t mean you won’t feel very frustrated if your private car or motorcycle is stolen. What are the actual car theft figures in Hong Kong? What should you do if your car is stolen? If you cannot find your car in the end, will your insurer compensate you for your loss? Are personal belongings in your car covered by insurance? The car insurance experts at Kwiksure are here to answer these questions for you.

Tesla, as the leading global electric vehicle brand, its prices and car release news have always been the most concerned topics for car owners. Model S and Model 3 are sedans, while Model X and Model Y are mid-size SUVs. But apart from this, what are the differences in performance and price between Model Y, Model 3, Model S, and Model X? And what is the 'one-for-one' plan? Our Fast and Secure experts have integrated the overviews of these four models to help you find the car model that best fits your budget and driving requirements. Update on April 12: Tesla finally cuts prices, announcing from April 15 the adjustment in prices for 4 models of Model 3 and Model Y. The biggest reduction is for the Tesla Model 3 Performance, with the latest price starting from HKD $440,335, a decrease of 14.7%! As for the prices of the rear-wheel drive versions of Model 3 and Model Y, they remain unchanged.

With a serious shortage of parking spaces in Hong Kong, and the sharp rise in oil prices in recent years, the cost of car ownership has become very high. If you no longer plan to keep your car, and are eager to cash out and leave Hong Kong, or your car is no longer roadworthy and cannot be repaired, you can elect to have it scrapped. That way, at least you can get back the scrap price of your car. However, the Hong Kong car scrapping industry is rather shrouded in mystery, and most drivers know very little and even have some misunderstandings about it. For example, some worry that their car will be used by criminals for unlawful purposes, and the car owner will end up a victim. In today’s article, Kwiksure will present a useful summary of the procedures and precautions to take when having your car recycled/scrapped in Hong Kong.

Assessing the amount of insurance you need for your structure and personal effects can be a real headache. The situation is the same whether you are a local resident or a foreigner planning to purchase property. But no matter who you are, it is necessary to purchase appropriate home insurance in Hong Kong. First, there are a few things you must consider and understand before asking around for quotes. As an expert in property and casualty insurance , Pacific Prime will now introduce to you the information that home owners should know, including what home insurance is and the factors that determine the price of home insurance in Hong Kong.

With the Continuing Education Fund (CEF) now covering driving courses offered by driving schools, more people are considering getting their driver's license. After all, Hong Kong's road tests are famously stringent, with only about a 20% pass rate for both automatic and manual transmissions. The Transport Department's (TD) driving test guidelines recommend a minimum of 30 hours of driving training for beginners. Assuming each lesson is 45 minutes long, that means at least 40 sessions are needed to meet the requirements, and the tuition for 40 sessions can be quite significant. So, should you opt for a private instructor or a driving school? Some believe that the driving school's test routes are easier to pass, but is that really true? Today, we at Kwiksure will compare private instructors and driving schools for you. All money sums in this article are in Hong Kong Dollars (HKD) unless otherwise stated.

We often read about traffic accidents happening during a driving lesson or even a driving test on social media and the media, where the learner’s vehicle crashes into public objects like railings or even other vehicles. In situations like those, will the driving instructor or the driving school, or the learner driver, bear the greatest responsibility? Will the insurer compensate for a car crash during a driving lesson? Is there anything to be particularly careful about when securing insurance as a learner motorcyclist? In today’s article, the experts at Kwiksure will examine these issues in detail for you.

According to an article by Eames Consulting in 2017, research from QBE insurance indicated that 26% of businesses in Hong Kong suffered lost income due to a business interruption. And if you thought that things were better by now, think again. The uncertain economic situation, global supply chain disruption, rising inflation, and other macro factors continue to impact businesses in Hong Kong and their bottom line. With this in mind, securing the right business interruption insurance is crucial for sufficient protection against various potential corporate perils. But, what exactly is business interruption insurance? This Kwiksure article has the answer to this question and more! Business interruption risks in Hong Kong According to the Allianz Risk Barometer 2022, business interruption ranks as the second most concerning risk, after cyber risk, and results in a loss of income that could impair a company’s revenue stream and thus a shortfall in covering the ongoing costs of doing business.