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What happens if you are unable to pay your ULIP premiums?

A Unit Linked Insurance Plan (ULIP) was launched in the market, with the main objective of family protection. Since a major proportion of your invested capital goes towards the provision of life coverage for the financial security of your...

Looking to buy term insurance? Ask yourself these questions first

A term plan has been a part of the insurance sector for quite some time now. After its introduction, a term plan has gained popularity for being the most affordable form of insurance. Although a term plan can be...

How Does Shariah Compliance Work?

In his Budget Speech on Wednesday, 25 February 2009, the Financial Secretary John Tsang devoted a whole paragraph, number 46 to be exact, to the continued development of Islamic Finance in Hong Kong. To quote: “To consolidate Hong Kong's position...