Jan 20





Term Insurance, or sometimes commonly known as Life Insurance, is a simple product that provides a lump sum benefit if the insured passes away. Many are familiar with Life Insurance, but most are not sure when they need to buy it.



So when should you buy your Life Insurance policy?


Many people mistakenly believe that they should buy Life Insurance when they are older.  They think that since they are younger, they are healthier and less likely to pass away. But this is the exact opposite of what they should do!


Lower premiums when you are younger


When you are younger, the premiums will be cheaper and you are likely to get the standard rates. When you are older, your health deteriorates. So not only do you pay higher premiums due to your older age, you may have to pay an additional premium (also known as loading) due to your health, or in the worst case, be rejected by the insurer altogether.


For example, AIA's 20 year Life Insurance policy with a $1,000,000 coverage will cost a 30 year old HK$ 150 a month in premiums, whereas a 45 year old will have to pay HK$ 450 a month, 3 times that of the 30 year old's rate!


More vulnerable financially when you are younger


The most financially vulnerable time for your family, is when you are younger and do not have sufficient wealth for your loved ones should you pass away.                               


As you get older, you will also accumulate your wealth, pay off your mortgage and your children will become more independent. Over time, there is less need for Life Insurance to cover the shortfall in funds to support your loved ones. However, this is likely to be towards your retirement age if you have children. Therefore, the need for insurance should be lesser as you get older and more when you are younger. 


In conclusion, people should be buying insurance when they are younger, rather than when they are older.  


InsureDIY Limited - Compare Products, Buy Online and Get Rewarded.       AIA

Dec 20


The Carnival is coming to Town!




Buy a Travel Insurance from InsureDIY and we will send you to Europe (well the next best thing anyway...)


In celebration of InsureDIY's second anniversary in Hong Kong and the re-launch of our exciting new website, we are giving away 1 free ticket to The AIA Great European Carnival 友邦歐陸嘉年華 (worth HK$ 125) for every Travel Insurance Policy purchase through our website! Just key in "TGEC" in the promo code box when buying the policy online. Limited to the first 300 customers only, subject to a minimum Travel Insurance premium of HK$ 300. *

InsureDIY.com is the premier insurance comparison website in Hong Kong. You can compare and buy the best insurance policies in Hong Kong (including Travel Insurance, Medical Insurance, Life Insurance and Critical Illness Insurance). We bring together the best global insurers in one place so you don't have to search multiple websites to find the right product. Enter the details just once, and let multiple insurers quote for your business. Just compare and buy online instantly. From start to the end, 5 minutes is all it takes. Try it and see for yourself!

The AIA Great European Carnival, title sponsored by AIA (one of our Insurance Partners) will be opening in Hong Kong at the New Central Harbourfront site from 23 December 2014 till 22 February 2015. These exciting, fun-filled days promise to be great festive-season entertainment for the whole family. There will be over 70 rides, games and attractions to be enjoyed and more than 500,000 toys will be given away! That's just perfect for the kids. And for the big kids as well, of course.


Buy your Travel Insurance policy now! Click here to Compare and Buy.     travel-insurance-buy 

* Terms and conditions apply

Dec 19


The AIA Great European Carnival (友邦歐陸嘉年華) is back! Check out this video of how The AIA Great European Carnival makes its way from Europe all the way to Hong Kong.



AIA, one of InsureDIY’s insurance partners , is the title sponsor for the Great European Carnival. Costing over $130 million so far, The AIA Great European Carnival promises to be one of the biggest events in Hong Kong.


The AIA Great European Carnival will take place on Hong Kong’s New Central Harbourfront. This is three hectares of pure fun and adrenaline! What’s more, The AIA Great European Carnival will be back in Hong Kong every year over the next few years.


We can all enjoy great European carnival traditions along with thrilling new rides. There will be over 70 rides, games and attractions for guests to enjoy. Many rides will be new to Hong Kong, and indeed, Asia. These rides have been carefully selected from all across Europe.


For mommies and daddies bringing young children, fret not, there will be child-friendly rides like bumper cars and a carousel and of course, a whole host of European street entertainers. More than 500,000 toys will be given away during this carnival.


The carnival is expected to open on 23 December 2014 until February 2015.


Keen to get free tickets?


To celebrate our second anniversary in Hong Kong and to thank our loyal customers, we will be rewarding our customers in Hong Kong.


Stay tuned and watch this space! 


Dec 17


We are TWO!


To celebrate our second anniversary in Hong Kong, our dearest customers are getting the presents. Watch this space!