27Feb

International Family Insurance for Expats

The number of children you have is a key factor to consider when shopping for health insurance. Needless to say, buying cover for your entire family will require higher out-of-pocket costs but it will guarantee your peace of mind especially when in a foreign country.

Emergency private health care with a single night’s stay can cost anywhere between HK$100 to $2100 just for the hospital room! depending on tests, medication and type of room.  Having a family health insurance policy allows you to be prepared for sudden critical treatments such as surgery or medical evacuation.

Terms to understand about family health insurance

Deductible– The amount you pay to address covered medical expenses before your health insurance policy begins to pay for covered medical expenses each year. Most family health insurance policies have individual deductible options which can be taken out to reduce your premiums.

famil_insuranc_deductibles

Coinsurance– your share of the costs of a health care service. It’s usually stated as a percentage of the total charge for the service. Your provider pays the bigger portion. You start paying coinsurance after you’ve paid your policy’s deductible.

family_insurance_Coinsurance

Co-pay– the payment you make, usually a fixed amount such as HK$400, each time you visit the doctor or fill a prescription medication. Not all plans have co-payments.  These do not accumulate towards the deductible. Co-pay and coinsurance may be available at the same time.

We suggest choosing a plan with low co-pay if you think you will often visit your doctor or pharmacy.

Why is it cheaper in the long run to get a family health insurance?

Some special health insurance for families even offer free cover for your 2nd, 3rd and 4th children until they are 18 which can really reduce your family’s premiums.

Village Insurance is currently offering this type of family health insurance. Policyholders can also get 25% No Claim bonus on top of the free coverage for the said number of children.

You can see more of the options we’re offering here: International Family health Insurance

Feel free to connect with Mark Bromhead on LinkedinFacebook and Twitter

8Jan

What a Good Travel Insurance Should Cover

It’s important that you know which risks should be covered by your travel insurance policy to fully protect yourself. Village Insurance finds the best travel insurance for expats with the help of international providers we closely work with. travel_insurance_guid_infographic

2Dec

Expat Insurance: A Village Living Off a Suitcase

Living and working in a country other than your own presents expats with different challenges. One of which is getting an insurance policy to protect you from all kinds of risks.

Welcome to our Village

We were originally known as Village Holdings Limited. It was in 2008 that we recognised the rising need for dedicated insurance brokers to bridge the gap between expats and insurance providers in Hong Kong. What sets us apart is our targeted services for expats who live fast-paced and mobile lifestyles. 

We have always believed in keeping things simple and organized like a single suitcase of essentials that expats know so well.

Leave the work to us. What’s left for you to do is sit back and relax while we find the best insurance options from the most trusted providers in Hong Kong.

Suitcase Essentials

Whether you’re staying for a just a few days or working long-term in Hong Kong, we can find the right cover for your needs—from health insurance to corporate insurance for your business.

We can even find more specific covers such as Golf Insurance and Event Insurance because we know each type of protection you must have while living away from home.

Creature Comforts As You Go

Our services and team of insurance brokers will be there to assist you wherever you are in the world. We work with the the most reliable insurance companies within and outside Hong Kong. The comfort we guarantee to provide is peace of mind from damage, loss, and all other risks.

Get a quick look at how we keep things simple here.

You can reach us at  +852-3008-5843 or info@villageinsurancedirect.com