Advantages and disadvantages of buying insurance in Hong Kong

Benefits: Although some insurance premiums paid in Hong Kong are relatively low, the coverage is relatively comprehensive, such as mainland insurance, the value of children is 65,438+08 years, and the maximum value of minors is 654,380+million. There are no restrictions in Hong Kong. As long as you can afford it, these are benefits.

Disadvantages: After all, Hong Kong insurance and mainland insurance have different national conditions and systems. Many provisions are applicable to Hongkong, but not necessarily to Chinese mainland. I'm afraid I can only claim in Hongkong in the future, not in Chinese mainland, so it will be more troublesome.

Therefore, the relative choice is to choose our own insurance in Chinese mainland. Many services and claims are universal and universal in China.

Extended data

According to the scope of insurance, it is divided into: personal insurance, property insurance, liability insurance and credit guarantee insurance.

1. Fire insurance covers the losses caused by fire to the property stored in a certain geographical range and basically in a static state on land, such as machines, buildings, various raw materials or products, household appliances, etc.

2. Marine insurance is essentially a kind of transportation insurance, and it is the earliest insurance in all kinds of insurance business. The insurer is responsible for the loss of the subject matter insured caused by marine risks.

3. Cargo transportation insurance is cargo transportation insurance other than maritime transportation, which mainly covers the loss of goods during inland river, inland river, coastal and air transportation.

4. All kinds of vehicle insurance mainly covers the losses of all kinds of vehicles during driving and parking. It mainly includes automobile insurance, aviation insurance, ship insurance and railway vehicle insurance.

5. Engineering insurance covers all unexpected losses and personal injuries and property losses of third parties in various engineering processes.

6. Post-disaster interest loss insurance refers to the insurance that the insurer bears the insurance liability for all kinds of intangible interest losses that may be caused after the property suffers an insurance accident.

7. Burglary in burglary insurance insures the property against losses caused by acts such as robbery by robbers or theft by thieves.

8. Agricultural insurance mainly covers all kinds of crops or cash crops and all kinds of livestock and poultry losses caused by natural disasters or accidents.

Reference: Baidu Encyclopedia: Insurance