So is Prudential Hong Kong strong? Are Hong Kong insurance products worth buying? Senior, I'll give you a good analysis ~
Before the analysis, we can first understand what criteria we should refer to when choosing an insurance company:
"What should we pay attention to when we pay attention to insurance companies? 》
1. What is the strength of Prudential Hong Kong?
1. shows economic strength
Founded in 1848, Prudential is the oldest insurance company in Britain and one of the nine "too big to fail" insurance companies in the world.
Since its establishment, Prudential Group has expanded its business to Asia, Europe, North America, Africa and Australia, with more than 20 million customers worldwide.
Since 1964, it has provided services to Hong Kong citizens, and 20 13 was formally registered in Hong Kong.
Prudential has more than 654.38 million+300,000 customers in Hong Kong. According to the population of Hong Kong, there are 654.38+0 Prudential customers for every 6 people.
The total premium of individual valid policies exceeds HK$ 84.7 billion, the total compensation amount is close to HK$ 4 billion, and the total compensation cases are about 88,000.
Generally speaking, Prudential Hong Kong has a profound historical background, a huge scale and strong economic strength!
2. Show solvency
To put it bluntly, solvency is an index to test the company's ability to resist risks.
Standard & Poor's and Moody's are the ultimate basis to measure the safety of this insurance company and the company's economy.
This can provide a professional rating to test a company's ability to resist risks.
202 1 Prudential Hong Kong has a rating of Standard & Poor's and a rating of A2 from Moody's.
This rating has proved that the two institutions think Prudential is safe and has strong solvency.
Prudential Hong Kong has great economic strength and good risk prevention ability. From these two dimensions, Prudential Hong Kong has a good background and strength, so an excellent insurance company is worth entrusting.
However, is Hong Kong insurance really worth buying all the way? Not really!
2. Is it necessary to go to Hong Kong for Prudential Insurance?
For families living in the mainland with average income, it is not recommended for senior students to buy Hong Kong insurance.
From the perspective of cost performance, the cost performance of mainland insurance is getting higher and higher. From the point of view of convenience, mainland insurance is more convenient than Hong Kong insurance, and there is absolutely no need to choose Hong Kong insurance because of following the trend.
In order to better demonstrate the advantages and disadvantages of mainland insurance and Hong Kong insurance, Senior Sister has compiled a product comparison article for your reference:
Ten types of mainland insurance with much higher cost performance than Hong Kong insurance.
As a mainland citizen, is the policy of buying insurance in Hong Kong fully open? Through comparison, senior sister found that there are two restrictions:
1. Hong Kong insurance is not protected by mainland laws, but by Hong Kong laws.
When applying for insurance, I am required to go to Hong Kong in person to complete the insurance verification. Are Hong Kong insurance policies not signed in Hong Kong protected by law? The answer is no. In Hong Kong, all Hong Kong insurance policies that are not signed in Hong Kong belong to underground insurance policies and are not protected by any law.
Before you go to Hong Kong to buy insurance, you must first calculate the cost and time of your trip, and then consider whether to buy it.
2. Subject to foreign exchange control, each person only has a foreign exchange quota of 50,000 US dollars per year.
If your annual premium exceeds $50,000, you should pay attention to how to pay it.
The second problem you need to solve is how to make the insurance claim exceed $50,000 before it can be safely transferred to China.
The change of exchange rate is more important, so you should pay a little attention when you pay the fee. The fee you may have to pay for each period is different when converted into RMB.
In addition to the above two restrictions, if you go to Hong Kong to buy insurance, there are the following effects that need to be overcome as much as possible:
Before buying insurance in Hong Kong, you should know this! 》
Third, summary.
Although Prudential Insurance Company in Hong Kong has always been the top insurance company in the industry, mainland insurance companies are not inferior to it.
At present, the cost performance and protection of mainland insurance are also very high, so there is really no need for everyone to follow the trend and idolize Prudential Insurance.
There is a risk that if you need money in the hospital, you can't transfer your claims to the mainland.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
If the above content has not solved your problem, you can also come to top student, the official account of WeChat, and ask me about insurance.
I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.
WeChat official account: Xueba said that insurance costs less, buy the right insurance!