Medical Insurance

Medical costs are getting higher and higher in Hong Kong and other parts of the world. Pre-exist illness is not covered in most medical insurance plans. It can be covered sometimes after some years of non-occurrence. Furthermore, some insurance companies may reject client renewal upon their extraordinary high claim ratios. Therefore, medical insurance should be purchased at time of being young and healthy. Personal medical insurance can be purchase for the individual or for the whole family, parents and children. For people who are fortunate to have coverage under group/company medical schemes, they are also wise to get personal medical plan. It is because many group/company medical insurance plans have a waiting period for one month, during which the employee could not claim on pre-exist illness.

Medical Insurance

Medical costs are getting higher and higher in Hong Kong and other parts of the world. Pre-exist illness is not covered in most medical insurance plans. It can be covered sometimes after some years of non-occurrence. Furthermore, some insurance companies may reject client renewal upon their extraordinary high claim ratios. Therefore, medical insurance should be purchased at time of being young and healthy. Personal medical insurance can be purchase for the individual or for the whole family, parents and children. For people who are fortunate to have coverage under group/company medical schemes, they are also wise to get personal medical plan. It is because many group/company medical insurance plans have a waiting period for one month, during which the employee could not claim on pre-exist illness.