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How much does an annual maid insurance policy cost?

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How much yearly payment..can i also use in the Philippines..


The cost of an annual maid insurance policy will vary depending on the insurer you choose to work with.

Maid Insurance policies typically range from HK$ 477 per year up to HK$ 2,750 for two years’ worth of coverage under more comprehensive policies.

The cost of coverage for your Hong Kong maid insurance plan will depend on a number of factors including:

  • The insurance company you purchase the policy from
  • Whether you are obtaining a 1 year or 2 year plan
  • The type of coverage included in the policy
  • The age of your domestic helper

Most Hong Kong domestic helper insurance products are designed for use only in Hong Kong – this means that normally only claims which are realized within the borders of HKSAR are covered under the plan. However, some of the more comprehensive domestic helper insurance products will provide repatriation expenses which may cover the cost of returning your maid to her home country (such as the Philippines) in the event that the helper is certified unfit to work, or in the event of death will cover the repatriation of mortal remains and/or ashes.

At the core of all maid insurance coverage is Employees’ Compensation Insurance and choosing to add additional benefits, such as health insurance or fidelity protection, will normally incur an additional premium cost.

Furthermore, opting to purchase a single years’ worth of coverage will normally be less expensive than obtaining a two year policy – although the two year policy can be more efficient from an administrative standpoint as the cover can run concurrently with your helper’s contract.

If you would like to learn more about the domestic helper insurance products available in Hong Kong, or if you would like to obtain a free quote, please contact CCW Global to speak to an expert broker today.

Answered on: 8 April, 2017 19:43

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