To ensure your family is protected against unfortunate events in life such as accident, illness, disability or death, a proper insurance plan can help you and your family cope with financial stress when crises happen.
Effective investment does not focus only on wealth accumulation, but also focus on avoiding various kind of risks. Having a financial plan, you will own an investment goal and have better understanding on what kind of risks you are facing.
If the assets means property, rental property or other tangible assets, you may protect its value if there is loss made by natural disaster, fire or other kinds accidental through various type of property insurances.
Mr. and Mrs. Chan's total assets worth around HK$30 million with HK$12 million as their family business. They want their children can receive an equal share of their estate. They also want this decision will not affect their retirement life quality.