Manulife HK to distribute QBE’s new fire insurance

This new venture streamlines the process homeowners go through.

Manulife Hong Kong gained exclusive rights to distribute QBE’s new fire insurance product to the Hong Kong market.

By adding the new fire insurance policy to their extensive product lineup with QBE, they seek to provide customers with peace of mind to safeguard their cherished assets.

The new product aims to address the market demand for cost-effective coverage, and the existing partnership with Manulife facilitates seamless processes, including issuing quotes, and policy documents, and handling payments and claims.

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QBE Hong Kong's fire insurance plan offers flexible premium pricing based on the total insured value.

Both entities said the QBE-Manulife partnership streamlines the process, saving policyholders time and effort by directly sharing their fire insurance details with their homeowner's mortgage bank annually.