Medical Insurance Is a Significant Aspect of Financial Planning for High-Net-Worth Individuals in China
- Written by: iPMI Global
- Category: Country Guides
A new report by Manulife Hong Kong and Deloitte reveals that high-net-worth individuals (HNWIs) in China increasingly view insurance as a crucial tool for legacy and succession planning. The study, focusing on individuals with net assets of at least HKD 7.8 million, highlights that a significant majority utilize insurance in their asset portfolios, with over half specifically aiming to leverage it for wealth transfer to future generations.
