23.08.2021, 10:30

AXA Hong Kong and HSBC jointly launch Overseas StudySurance

Offers top-notch medical expenses coverage of up to HKD2,500,000

Comprehensive coverage with tailored protection to give peace of mind

HONG KONG SAR - Media OutReach - 23 August 2021 - With the increasing popularity of overseas study, AXA Hong Kong ("AXA") and HSBC launch a new insurance plan "Overseas StudySurance" to provide extensive care for students getting education abroad. With annual premium as low as HKD4,000, students can enjoy the comprehensive protection away from home with the following premium features:

  • Medical expense coverage up to HKD2,500,000
  • Personal accident protection up to HKD1,200,000
  • Emergency family reunion benefit up to HKD100,000 for 2 parents or legal guardians
  • Education fund up to HKD300,000

From now until 31 October 2021, customers purchasing "Overseas StudySurance" via HSBC website or HSBC branch will be entitled to a 10% premium discount in perpetual, applicable to policy inception and renewal afterwards; and HKD200 YATA gift certificate for each policy. Students who are Hong Kong residents and aged between 10 and 40 can be covered.

Kenneth Lai, P&C Distribution Director, AXA Hong Kong and Macau, said, "Education is the key to success. Many parents would provide their children with the best education by letting them study abroad. However, the best protection is also essential to ensure a holistic support and care during their overseas study journeys. As the largest general insurer in Hong Konghttps://www.hsbc.com.hk/insurance/products/travel/overseas-studysurance/

The above information is for reference only. For details on the product features, content, terms and exclusions, please refer to the product brochure.

[1] According to the Insurance Authority Provisional Statistics on Hong Kong General Insurance Business in 2020

[2] Medical expenses and worldwide emergency assistance service are not covered if a claim is due to a vaccine-preventable disease, where (i) the insured student fails to obtain the related vaccine and (ii) such vaccine is mandatorily required by the government(s) of Hong Kong SAR and/or the country/region the insured student is travelling to/from during the study trip

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