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Buying Insurance in Hong Kong: The best policies for you and your family

By Amanda Sheppard 28 February 2019 | Last Updated 14 February 2020

Originally published by Amanda Sheppard. Last updated by Jen Paolini.

Insurance policies can involve hefty paperwork and the price points to match, but that’s not to say they aren’t worth their weight. Staying protected in case of emergency can prevent you from having to pay out big in the long run. Unsure of where to start? These are the main types of insurance to consider purchasing when you are living in Hong Kong.

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Private healthcare in Hong Kong can be astronomically expensive, so health insurance can provide you with access to the city’s top facilities at a fraction of the price. Plans vary, with cheaper options including only hospitalisation, while more comprehensive coverage includes everything from your GP visits to maternity coverage and dental care. Health insurance brokers like Pacific Prime and CCW Global can help you find the right coverage plan.

Major insurers: BUPA, William Russell, AIA


Whether you’re prepping for an adventure-filled trekking holiday or a weekend city break to Taipei, travel insurance can come in handy. It covers everything from the contents of your lost baggage to accidents, overseas medical emergencies, and any loss of income incurred as a result of your travels.

Travel insurance can be purchased as a one-off (covering a single trip) or as an annual expense that covers any trips made when departing Hong Kong. Single trip travel insurance is also made available by most banks and can be purchased through an ATM.

Major insurers: AIG, Zurich, AXA


Homeowners are few and far between in Hong Kong, but rental insurance is a common fixture in many households. If you don’t live in a remote area or stand-alone house, theft is an unlikely occurrence in Hong Kong, but you will still want to protect your personal belongings from damage, particularly if you live in an older building when typhoon season arrives.

Major insurers: AXA, AIG, HSBC


Morose though it may be, ensuring your family and loved ones are looked after in any event is important. Life insurance is calculated depending on your earning capacity and the number (and needs) of your dependents. Policies can be taken out from a young age and contributed to on a monthly or annual basis.

Major insurers: Manulife, Sunlife, FWD

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Amanda Sheppard

Senior editor

Following a brief and bitterly cold stint in Scotland, Amanda returned to Hong Kong—a place she’s called home for over 18 years—to begin her career as a writer. She can often be found getting lost somewhere very familiar, planning her next holiday, and enjoying a cup (or three) of good, strong coffee.