Prudence Ho, senior manager for policy and development at the Insurance Authority, says Hongkongers want investment returns from their insurance policies. Photo: Xiaomei Chen
Prudence Ho, senior manager for policy and development at the Insurance Authority, says Hongkongers want investment returns from their insurance policies. Photo: Xiaomei Chen

exclusive | Hong Kong looks to technology as public ignorance and apathy leave city with US$885 billion shortfall in mortality protection

  • The mortality protection gap translates to a shortfall of HK$1.9 million for every working adult in Hong Kong, according to an Insurance Authority study
  • The Insurance Authority plans to soon introduce an online tool to help individuals calculate their insurance protection needs

Prudence Ho, senior manager for policy and development at the Insurance Authority, says Hongkongers want investment returns from their insurance policies. Photo: Xiaomei Chen
Prudence Ho, senior manager for policy and development at the Insurance Authority, says Hongkongers want investment returns from their insurance policies. Photo: Xiaomei Chen
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