{"id":17090,"date":"2021-08-23T03:30:00","date_gmt":"2021-08-23T03:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/08\/23\/axa-hong-kong-and-hsbc-jointly-launch-overseas-studysurance\/"},"modified":"2021-08-23T03:30:00","modified_gmt":"2021-08-23T03:30:00","slug":"axa-hong-kong-and-hsbc-jointly-launch-overseas-studysurance","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/08\/23\/axa-hong-kong-and-hsbc-jointly-launch-overseas-studysurance\/","title":{"rendered":"AXA Hong Kong and HSBC jointly launch Overseas StudySurance"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p align=\"center\" style=\"text-align: left\"><i>Offers&#13;<br \/>\ntop-notch medical expenses coverage of up to HKD2,500,000<\/i><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"center\" style=\"text-align: left\"><i>Comprehensive&#13;<br \/>\ncoverage with tailored protection to give peace of mind<\/i><b\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>\u00a0<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>HONG KONG SAR&#13;<br \/>\n&#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211; 23&#13;<br \/>\nAugust 2021<b>\u00a0<\/b>&#8211; With the increasing popularity of overseas study, <a href=\"http:\/\/www.axa.com.hk\/\">AXA&#13;<br \/>\nHong Kong (&#8220;AXA&#8221;)<\/a> and HSBC launch a new insurance plan &#8220;Overseas StudySurance&#8221;&#13;<br \/>\nto provide extensive care for students getting education abroad. With annual premium&#13;<br \/>\nas low as HKD4,000, students can enjoy the comprehensive protection away from&#13;<br \/>\nhome with the following premium features:<\/p>\n<ul>\n<li><b>M<\/b><b>edical&#13;<br \/>\nexpense coverage<\/b> up to HKD2,500,000 <\/li>\n<li><b>Personal&#13;<br \/>\naccident protection<\/b> up to HKD1,200,000&#13;\n<\/li>\n<li><b>E<\/b><b>mergency family reunion&#13;<br \/>\nbenefit<\/b> up&#13;<br \/>\nto HKD100,000 for 2 parents or legal guardians<\/li>\n<li><b>Education fund<\/b> up to HKD300,000<\/li>\n<\/ul>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>From now until 31&#13;<br \/>\nOctober 2021, customers purchasing &#8220;Overseas StudySurance&#8221; via HSBC website or&#13;<br \/>\nHSBC branch will be entitled to a 10% premium discount in perpetual, applicable&#13;<br \/>\nto policy inception and renewal afterwards; and HKD200 YATA gift certificate&#13;<br \/>\nfor each policy. Students who are Hong Kong residents and aged between 10 and 40&#13;<br \/>\ncan be covered.<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p><b>Kenneth Lai, P&amp;C&#13;<br \/>\nDistribution Director, AXA Hong Kong and Macau, <\/b>said,<b> &#8220;<\/b>Education is the key&#13;<br \/>\nto success. Many parents would provide their children with the best education&#13;<br \/>\nby letting them study<b> <\/b>abroad. However, the best protection is also&#13;<br \/>\nessential to ensure a holistic support and care during their overseas study&#13;<br \/>\njourneys. As the largest general insurer in Hong Kong<a name=\"_ftnref1\" title=\"\">[1]<\/a>, we&#13;<br \/>\nare delighted to partner with HSBC to offer the comprehensive student&#13;<br \/>\nprotection &#8216;Overseas StudySurance&#8217; &#8211; a plan with market-leading medical&#13;<br \/>\nexpenses and personal accident coverage, to provide peace of mind for students&#13;<br \/>\nand their parents when they pursue their overseas studies.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Daisy Tsang,&#13;<br \/>\nChief Distribution and Customer Officer, Hong Kong, HSBC Life<\/b>,&#13;<br \/>\nsaid, &#8220;The global outbreak of the COVID-19 pandemic has raised parents&#8217;&#13;<br \/>\nawareness of the importance of comprehensive protection against unexpected&#13;<br \/>\nsituations for their children who are studying abroad. HSBC is pleased to&#13;<br \/>\ncollaborate with AXA to launch an affordable insurance plan to offer peace of&#13;<br \/>\nmind to parents who are geographically distant from their children studying in&#13;<br \/>\noverseas institutions. The insured students will enjoy multi-dimensional&#13;<br \/>\ncoverage for their medical wellness, personal belongings, as well as leisure&#13;<br \/>\ntravels or internships during the study trip, enabling them to focus on making&#13;<br \/>\nthe most of their overseas learning experience.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b><u>Comprehensive&#13;<br \/>\nprotection with the top-notch medical and accidental coverage <\/u><\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;Overseas&#13;<br \/>\nStudySurance&#8221; provides the top-notch medical expense coverage up to&#13;<br \/>\nHKD2,500,000 including in\/out-patient overseas medical treatment occurring&#13;<br \/>\nduring the study trip and follow-up medical expenses in Hong Kong within 90&#13;<br \/>\ndays of insured student&#8217;s return from abroad. Medical expenses for&#13;<br \/>\nvaccine-preventable diseases<a name=\"_ftnref2\" title=\"\">[2]<\/a> will also be covered. &#8220;Overseas&#13;<br \/>\nStudySurance&#8221; also brings extensive personal accident protection to the insured&#13;<br \/>\nstudents with coverage up to HKD1,200,000 for accidental death or permanent&#13;<br \/>\ndisablement. \u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Not&#13;<br \/>\nonly covering the city of study, &#8220;Overseas StudySurance&#8221; offers worldwide&#13;<br \/>\ncoverage in which internships are arranged or endorsed by the overseas&#13;<br \/>\neducation institution and incidental travels during the study trip as well as a&#13;<br \/>\nnon-manual part-time job outside Hong Kong. Conventional travel and various&#13;<br \/>\nsports such as cycling, snow skiing, hiking, horse-riding, canoeing, rafting,&#13;<br \/>\nwindsurfing, scuba diving are also covered.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b><u>Immediate&#13;<br \/>\nsupport to insured and family during emergencies<\/u><\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>AXA&#13;<br \/>\nand HSBC understand the stress for parents and students in case of emergencies&#13;<br \/>\nabroad and tailored protection such as emergency family reunion and travel&#13;<br \/>\ninconvenience are provided to alleviate the financial and mental stress. If the&#13;<br \/>\ninsured student is hospitalised for more than five consecutive days or in the&#13;<br \/>\nunfortunate event of the insured student&#8217;s death, &#8220;Overseas StudySurance&#8221;&#13;<br \/>\ncovers up to HKD100,000 for 2 parents&#8217; or legal guardians&#8217; transportation and&#13;<br \/>\naccommodation expenses for emergency family reunion, and offers HKD2,500 cash&#13;<br \/>\nbenefit for parents and legal guardians who take annual leave to visit the&#13;<br \/>\ninsured students. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><span>Regardless&#13;<br \/>\nof situations, it is always important for students to finish the curriculum&#13;<br \/>\nespecially when they are studying abroad. If the insured student&#8217;s <\/span><span>parent or legal guardian <\/span><span>suffers from accidental death&#13;<br \/>\nor permanent disablement, an education fund up to HKD300,000 will be given to&#13;<br \/>\nthe insured student to ensure the continuation of his\/her studies.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Moreover,&#13;<br \/>\n&#8220;Overseas StudySurance&#8221; offers maximum HKD20,000 per trip for the irrecoverable&#13;<br \/>\ntransportation and accommodation expenses if the trip is cancelled or curtailed&#13;<br \/>\ndue to insured events. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b><u>Overseas&#13;<br \/>\nhome contents and personal belongings are widely secured<\/u><\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;Overseas&#13;<br \/>\nStudySurance&#8221; provides protection to insured students&#8217; overseas home contents&#13;<br \/>\nwith coverage up to HKD10,000 and HKD20,000 personal belongings including&#13;<br \/>\nmobile phones and laptops on a worldwide basis (except in Hong Kong) during the&#13;<br \/>\nstudy trip. Temporary accommodation expenses up to HKD5,000 will be reimbursed&#13;<br \/>\nif the overseas residence is damaged and rendered uninhabitable as a result of&#13;<br \/>\ninsured events.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>It also&#13;<br \/>\noffers the storage cost for personal belongings up to HKD2,000 if the insured&#13;<br \/>\nstudent needs to make an emergency departure, and cash allowance up to HKD2,000&#13;<br \/>\nfor unexpected school closure for more than 3 consecutive days because of&#13;<br \/>\nnatural disaster or as mandated by local authority.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>To&#13;<br \/>\nlearn more about the &#8216;Overseas&#13;<br \/>\nStudySurance&#8217;, please visit: <a href=\"https:\/\/www.hsbc.com.hk\/insurance\/products\/travel\/overseas-studysurance\/\">https:\/\/www.hsbc.com.hk\/insurance\/products\/travel\/overseas-studysurance\/<\/a><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p><span>The above information is for reference only. For&#13;<br \/>\ndetails on the product features, content, terms and exclusions, please refer to&#13;<br \/>\nthe product brochure.<\/span><\/p>\n<div>\n<hr align=\"left\" size=\"1\" width=\"33%\"\/>\n<div id=\"ftn1\">\n<p><a name=\"_ftn1\" title=\"\">[1]<\/a> According to the&#13;<br \/>\nInsurance Authority Provisional Statistics on Hong Kong General Insurance&#13;<br \/>\nBusiness in 2020<\/p>\n<\/div>\n<div id=\"ftn2\">\n<p><a name=\"_ftn2\" title=\"\">[2]<\/a> Medical expenses and&#13;<br \/>\nworldwide emergency assistance service are not covered if a claim is due to a&#13;<br \/>\nvaccine-preventable disease, where (i) the insured student fails to obtain the&#13;<br \/>\nrelated vaccine and (ii) such vaccine is mandatorily required by the&#13;<br \/>\ngovernment(s) of Hong Kong SAR and\/or the country\/region the insured student is&#13;<br \/>\ntravelling to\/from during the study trip<\/p>\n<\/div>\n<\/div><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-08-23\/91289\/axa-hong-kong-and-hsbc-jointly-launch-overseas-studysurance\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Offers&#13; top-notch medical expenses coverage of up to HKD2,500,000 &#13; &#13; Comprehensive&#13; coverage with tailored protection to give peace of mind &#13; &#13; \u00a0 &#13; &#13; HONG KONG SAR&#13; &#8211;\u00a0Media OutReach\u00a0&#8211; 23&#13; August 2021\u00a0&#8211; With the increasing popularity of overseas study, AXA&#13; Hong Kong (&#8220;AXA&#8221;) and HSBC launch a new insurance plan &#8220;Overseas StudySurance&#8221;&#13; to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17090"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=17090"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17090\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=17090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=17090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=17090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}