Finance & Insurance

From travel insurance, home insurance, car insurance and more to financial services providers, we at LoveCoupons.hk have got only the best of the best deals for you.

Who said financing has to cost an arm and a leg?

Insurance provides essential financial protection for your future.

Here are some tips for buying insurance:

• Shop smart - your number 1 priority should be to find adequate coverage. Price is important, but you’ll want to determine what kind of coverage you need first. Then you can fit that coverage into your budget and determine which carrier can provide you with the most comprehensive policy for your situation. You may be tempted to choose insurance with the lowest price, but if you don’t have enough coverage (or the right kind of coverage), you will see less financial benefit when it comes time to file a claim.
• Look for discounts - once you determine your coverage needs, factor in your budget and find ways to save. Ask your insurance agent if there are any discounts on your coverage. PS: here at LoveCoupons.hk we have major discounts and deals on a bunch of insurance providers, take a look!
• Fill in the gaps - an average policy will cover the basics, but you may need to add extra coverage to meet your unique needs. For instance, you may have items like electronics or a nice piece of jewellery that would be financially difficult to replace. You may want to add additional coverage for these items.
• Purchase life insurance—you aren’t too young -  life insurance is essential, no matter how young or old you are. Plus, it’s cheaper to buy a life insurance policy when you’re young and healthy. This kind of insurance can help your family cover unexpected costs in your absence, including student loan debt or a mortgage, in addition to end-of-life costs. And if you have kids, a life insurance policy can also support their education or childcare expenses. Additionally, consider long-term disability coverage, which helps you stay afloat financially if an accident happens and you become disabled and unable to work.
• Talk to an independent agent - especially if this is your first time buying insurance. An independent agent works with multiple different carriers, which is different from captive agents who can only sell insurance from the carrier they work for. Working with an independent agent can help make sure that you are getting the best coverage, for the best price.

Should you choose to shop from the comfort of your home online, here are some tips and tricks to make sure you shop safely, securely and smartly:

• Shop with trusted online retailers or do thorough research before making purchases from unknown retailer sites.
• Never provide your credit card information if you do not see the ‘padlock’ on the upper left-hand side of your address bar, or if the address begins with “http://” instead of “https://”.

• Keep your information private. If the retailer asks for too much information such as your birth-date and social security numbers, do not complete the transaction.
• After shopping online, it’s a good idea to keep a close eye on all your banking statements, checking them weekly rather than by the month, just in case something slipped to a hacker. Notify your cardholder service if there are any discrepancies immediately.
• Maintain good virus protection on your computer to prevent spyware and other hacks from accessing your information. Many trusted anti-virus services are available online for free so you can take advantage of convenient online shopping.
• Avoid using public Wi-Fi to do your shopping, rather use secure connections.
• Be cautious of unsolicited emails and pop-up internet adverts with too-good-to-be-true offers. Use caution when a deal is drastically better than others and always double-check before clicking on ads.