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

A Unit LinkedIn Plan (ULIP) was launched in the market, with family protection's main objective. Since a major proportion of your invested capital goes towards providing life coverage for your loved ones' financial security, your insurer can charge a...

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 Islamic finance's continued development in Hong Kong. To quote: “To consolidate Hong Kong's position as an...