What protection do I need?

4 key life stages

Young children

Singles

Breadwinners

Pre-retirees

3 myths to bust when buying insurance

Myth 1

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We are a top insurance company so the products must be good! There is no need to compare products.

False! 10Life research shows large variations in coverage and terms across different products. As recommended by regulatory bodies, it is essential to compare and understand the products before you buy. All 10Life Advisors are required to provide you with comprehensive product comparisons to ensure you get the most suitable choices.

Myth 2

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You should always buy insurance regardless of your budget.

False! Although insurance can be helpful for most people and some insurances are required by law (e.g. 3rd party liability for car or company owners), everyone should understand their insurance needs and affordability. All 10Life Advisors are required to provide an in-depth analysis of your needs and affordability before you make any insurance purchase.   

Myth 3

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Our insurance company’s claims process is fast and easy.

False! Insurance companies never talk about claim rejections. Most advisors in the market are trained and paid on sales, with few capabilities to help you manage claims. At 10Life, every claim is handled by a non-sales Claim Advisor, who can help you make appeals if your claim is unfairly rejected. You deserve a fair claim.

10Life tips on buying insurance

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Make sure you can afford it

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Understand the details

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Beware of misleading selling

Young Children

Parents may first consider medical and critical illness protection for their young children. For those planning to send their children to study overseas, they should start education fund accumulation.

 

*Prices shown are in HKD

Basic coverage !

Monthly
$695
Up
WhatsApp Enquiry
Medical Insurance

Medical insurance

Ward

Average coverage

100%

Critical Illness

Critical illness insurance

Whole life

Critical illness coverage

$500K

Renewable up to

Age 100

Saving Insurance

Savings insurance

N/A

Middle-class !

Monthly
$4,150
Up
WhatsApp Enquiry
Medical Insurance

Medical insurance

Semi-private

Average coverage

100%

Critical Illness

Critical illness insurance

Whole life

Critical illness coverage

$1M

Payment period

25 years

Saving Insurance

Savings insurance (Education)

$600K

Projected return %

!

178%

Payment period

10 years

Target period

18 years

Comprehensive coverage !

Monthly
$11,960
Up
WhatsApp Enquiry
Medical Insurance

Medical insurance

Private

Average coverage

100%

Critical Illness

Critical illness insurance

Whole life

Critical illness protection

$2M

Payment period

25 years

Protection up to

Age 100

Saving Insurance

Savings insurance (Education)

$2M

Projected return %

!

163%

Payment period

10 years

Target return period

18 years

Basic coverage !

Monthly
$695
Up
WhatsApp Enquiry
Medical Insurance

Medical insurance

Ward

Average coverage

100%

Critical Illness

Critical illness insurance

Whole life

Critical illness coverage

$500K

Renewable up to

Age 100

Saving Insurance

Savings insurance

N/A

Singles

To protect your health while your career development and personal finance are stable, you should consider medical and critical illness insurance. In addition, you may consider savings insurance to accumulate for life goals.

 

*Prices shown are in HKD

Basic coverage !

Monthly
$372
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Death benefit

$1M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Ward

Average coverage

100%

Critical Illness

Critical illness insurance

N/A

Saving Insurance

Savings insurance

N/A

Middle-class !

Monthly
$5,606
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Death benefit

$5M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Semi-private

Average coverage

100%

Critical Illness

Critical illness insurance

Whole life

Critical illness protection

$1M

Payment period

25 years

Protection up to

Age 100

Saving Insurance

Saving insurance (Retirement)

$2.5M

Projected return %

!

694%

Payment period

10 years

Target return period

!

37 years

Comprehensive coverage !

Monthly
$10,012
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Death benefit

$10M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Private

Average coverage

100%

Critical Illness

Critical illness insurance

Whole life

Critical illness coverage

$2M

Payment period

25 years

Protection up to

Age 100

Saving Insurance

Savings insurance (Early retirement)

$2M

Projected Return %

!

696%

Payment period

10 years

Target period

37 years

Basic coverage !

Monthly
$372
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Death benefit

$1M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Ward

Average coverage

100%

Critical Illness

Critical illness insurance

N/A

Saving Insurance

Savings insurance

N/A

Breadwinners

Life insurance is important for those with family burden. In case of misfortune, life insurance gives your family a peace of mind. If budget allows, you should also consider savings insurance for future goals.

 

*The following combo examples are in HKD

Basic coverage !

Monthly
$1,079
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Death benefit

$3M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Ward

Average coverage

100%

Critical Illness

Critical illness insurance

Term life

Critical illness coverage

$1M

Renewable up to

Age 100

Middle-class !

Monthly
$8,022
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Death benefit

$5M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Semi-private

Average coverage

100%

Critical Illness

Critical illness insurance

Term

Critical illness coverage

$2M

Renewable up to

Age 100

Saving Insurance

Savings insurance (retirement)

$3.25M

Projected return %

!

452%

Payment period

10 years

Target return period

30 years

Comprehensive coverage !

Monthly
$14,415
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Life protection

$10M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Private

Average coverage

100%

Critical Illness

Critical illness insurance

Whole life + Term

Critical illness protection

$3M

Payment period

25 years

Protection up to

Age 100

Saving Insurance

Savings Insurance (Retirement)

$5.44M

Projected Return %

!

454%

Payment period

10 years

Target return period

30 years

Basic coverage !

Monthly
$1,079
Up
WhatsApp Enquiry
Life Protection

Life insurance

Term life

Death benefit

$3M

Renewable up to

Age 100

Medical Insurance

Medical insurance

Ward

Average coverage

100%

Critical Illness

Critical illness insurance

Term life

Critical illness coverage

$1M

Renewable up to

Age 100

Pre-retirees

On top of a stable income for retirement, you may want to fund your life dreams such as starting your own business or travelling around the world. Medical and critical illness risks sh