livi bank Partners With FWD to Roll Out In-App Home Insurance Offering
by Fintech News Hong Kong December 6, 2022Hong Kong’s livi bank has partnered with FWD General Insurance to launche a home insurance offering that is available through its app at an annual premium of HK$4202.
Application for the Easy HomeCare offering is fully digital and can be completed in three steps.
Customers can then view and maintain their insurance via the livi app as well as make the premium payments using the livi Debit Mastercard.
The Easy HomeCare covers the loss or damage of household contents such as furniture and electrical appliances etc.
It also provides comprehensive protection covering valuables including jewellery, gold, silver, photographic equipment and more with an aggregate maximum of HK$100,000.
Additionally, the personal liability covers the legal liability of the household’s inhabitants with up to HK$5,000,000 worldwide coverage.
Carol Hung
“We are delighted to bring comprehensive and competitive home insurance protection to the local insurance market together with FWD General Insurance as we further expand our general insurance offering.
With the simple and user-friendly interface of the livi app, customers can apply for Easy HomeCare with three simple steps in just two minutes in a fully automated and seamless customer journey,”
said Carol Hung, Chief Product Officer at livi.
Min Jie Ye
“At FWD General Insurance, we strive to make the customer insurance journey simpler, faster and smoother by providing insurance products with comprehensive coverage.
Easy HomeCare is our most popular home insurance plan with its all-around protection. We are excited about this opportunity to increase our customer reach in the partnership with livi through the launch of Easy HomeCare on the livi App,”
said Min Jie Ye, Head of General Insurance, FWD General Insurance Hong Kong.
