Refund Policy

For all the insurance products, once we well received the premium paid, no refund is allowed. Except the below situations:

(1) Motor Insurance and Fire Insurance – For any policy cancellation within the coverage period, which the policy do not have any claims record, our company will issue the refund by short period rates based on the table shown below;
(2) Our Company can cancel one’s policy at any time and circumstances, the refund premium at maximum may be calculated from the date of inception


Refund Table (Short Period Rates)
Date of Cancellation Premium Charges (%)
Within 1 month 20% of premium Or $618 whichever is greater
Within 2 month 30% of premium Or $618 whichever is greater
Within 3 month 40% of premium Or $618 whichever is greater
Within 4 month 50% of premium Or $618 whichever is greater
Within 5 month 60% of premium Or $618 whichever is greater
Within 6 month 70% of premium Or $618 whichever is greater
Within 7 month 80% of premium Or $618 whichever is greater
Over 7 months 100% of premium, no refund
# No refund will be provided if you have made a compensation claim during the current period of insurance