Insurance Guide

According to Zurich Insurance’s 2019 survey, more than 27% of survey respondents did not purchase health insurance. Within this group, almost 40% lists “don’t have time” as their main reason for not buying insurance. However, another 40% say that they “don’t have the money to spare”. Hong Kong’s public healthcare system has always been on the verge of collapsing. That’s why health insurance - be it a standard plan or the Voluntary Health Insurance Scheme (VHIS) - is crucial. Today at Kwiksure , we will explain the top 4 reasons why you should buy health insurance.

Buying a secondhand car in Hong Kong? Aside from relying on your dealer for a vehicle examination, it’s important to take a look at it yourself first. This is especially the case if you’re buying directly from a seller. If you’re purchasing from a reputable secondhand car dealer, then there’s little risk of choosing a car with pre-existing problems. Buying directly from the owner? Sometimes, you’ll run the risk of having to deal with scammers. They might sell you a car that is falling apart, previously flooded, or even illegally modified. Today at Kwiksure, we will delve into how car owners like you can examine a secondhand car to avoid buying terrible ones.

Bad driving habits can result in wide-ranging consequences. Irreparable damage to your favorite car and the loss of life are just two extreme examples. Overall, Hong Kong is a busy city with countless traffic lights, people, and cars. On top of that, you often have irritated drivers and the occasional traffic accidents . If you don’t want to be a hindrance to other drivers, you must get rid of your terrible driving habits. After all, these habits affect you, and everyone around you. Thinking of making claims? Bad driving may even ruin your streak for No Claims Discount (NCD) on motor insurance, and indirectly increases your premium! Today at Kwiksure , we’ll go over the top 7 bad driving habits that drivers tend to have in Hong Kong.

If you got injured or caught COVID-19 while working from home, will your insurance cover you? Because of the third wave of coronavirus, right now, a number of office workers are working from home (WFH). After all, crowded offices and rush hour transit are all grounds for the virus to spread. Though the number of confirmed cases is decreasing, this work arrangement will likely continue in the near future. Today at Kwiksure, we will dig deep into what your insurance plan covers while you WFH.

Most people don’t know where to start when it comes to hiring a domestic helper. This is especially the case if it’s your first time hiring. Because of the third wave of coronavirus, a number of foreign domestic helpers are barred from entering Hong Kong. Are you in a hurry to hire a maid? Your only option is those who have completed their contract but haven’t returned to their countries. So, how do you know if your helper is the right fit for your family? Is it based on where they’re from, their salary , or are there other criteria? Today at Kwiksure, we’ll look at the 6 criteria you should base your hiring decision on.

Ever since Tesla became the epitome of high-end, efficient, and environmentally-friendly vehicles, electric cars have been gaining momentum across the world. And Hong Kong is no exception. To encourage drivers to purchase these eco-cars, the government has even introduced a "One-for-One Replacement" scheme, which offers up to $250,000 of First Registration Tax concession. It seems that electric cars will inevitably become mainstream in the near future. If you’re new to electric cars and would like to learn more about their insurance plans, then you’ve come to the right place. In our brand new electric cars infographic , we are going to give you a quick summary of some important figures about electric cars, as well as what you should know before taking out insurance for electric motors.

Countless policyholders choose to switch plans from standard health insurance to the Voluntary Health Insurance Scheme (VHIS). It’s usually because of two things. First, VHIS’ policy terms and conditions are more clearly laid-out. Second, it also offers tax-deductible premiums. Of course, just because VHIS is tax-deductible doesn’t mean that it’s better than regular health insurance plans. Our article VHIS vs. Standard Health Insurance goes over the pros and cons of the two options. In this Kwiksure article, we’ll talk about every office worker’s biggest concern: how tax deduction works in VHIS.

Now that we’re approaching the peak of summer in Hong Kong’s, many of you are probably thinking about going on long road trips - especially since COVID-19 has deterred people from traveling abroad on holiday. While summer is a great time for exploring the outdoors by car, it is important that you know how to keep your car safe if the temperature rises and what to do if your car overheats. In today’s Kwiksure article, we’ll provide you with five easy tips.

Traffic accidents are the main cause of injury and death for travelers. According to the WHO, 10% of these accidents happen in developing countries. Hopping on cheap flights and road trips are becoming increasingly popular among Hong Kongers. As a result, we have broadened our palette for travel beyond the traditionally popular hotspots like Taiwan, Japan, Thailand, and mainland China. However, every country has a different road system, and with it, the design, construction quality, rules, and driving habits can vary tremendously. In other words, there is a risk of traffic accidents whether you are traveling by yourself or with a tour group. Today, Kwiksure will give a quick rundown on how to survive an accident while on a road trip and aboard a tour bus. Read this before you go. Learn to stay calm in the face of danger and make the right judgments to protect yourself and others.

Most Hong Kongers wonder if the insurance plans they bought here are still effective once they’ve emigrated overseas. Lately, there has been a sharp increase in emigration cases, with America, Canada and Australia as Hong Kongers’ dream destinations. However, since these countries have high requirements for skilled and investment immigration, Singapore, Taiwan and Malaysia are quickly overtaking their places in popularity. Given that moving abroad is a major life event, you must plan everything carefully. This includes doing extensive research and preparation. Thus, you must first understand your insurance options before you leave. Today, our insurance experts at Kwiksure will answer your most frequently asked questions.

In our previous article, we mentioned that many car owners in Hong Kong choose to purchase second-hand vehicles due to the high depreciation rate of new cars. Apart from the transfer procedures of ownership , purchasing motor insurance for second-hand vehicles is also not as easy as it seems. In our Kwiksure feature article today, we’ll offer a step-by-step overview of how to purchase motor insurance for used cars.

In Hong Kong, many car enthusiasts like to modify their automobiles to improve their performance and look. Vehicle modification is more common in the West such as Europe and the United States. Some drivers may add turbochargers to boost the engine, while others upgrade their suspension to adjust the height of the ride. However, the modification process will inevitably involve legal and insurance issues. Today, we will quickly take a look at what we should pay attention to when modifying vehicles in Hong Kong.