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Shield your business with employee compensation product insurance

There is only one insurance that is strictly compulsory for any business in Hong Kong: employee compensation.

This insurance is provided through basic and simple packages, which also include property all risks of your office/shop if you get a premise and public liability.

What is employee compensation product insurance

Employee compensation covers the liability of an employer for injury caused to their employee at work. It is strictly defined by the Employment Ordinance from the Labour Department. It should cover your employees regardless of their contractual relationship with your company (part-time worker, contractor, sub-contractor, freelancers).

What does employee compensation product insurance cover

Employee compensation insurance covers costs incurred when insured employees meet with work-related accidents or diseases, such as:

  • Medical expenses related to the injury
  • 80% of the salary that still must be pay during the Employee medical leaves related to the injury
  • Compensation in case of Death or permanent full or partial disability

Types of business that should get employee compensation product insurance

As stated above, employee compensation product insurance is compulsory for all businesses, and it should include Salary+commission+allowances. At the difference with MPF, employee compensation has absolutely no exception.

Why does employee compensation product insurance matter

Employee compensation product insurance matters because:

  • This is a legal requirement
  • This protects your company and your staff in case of a work injury
  • Not complying with this requirement exposed the directors. An employer who fails to comply with the Ordinance to secure an insurance cover is liable to prosecution and, upon conviction, to a maximum fine of HK$100,000 and imprisonment for two years

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Jia Yng

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"Fantastic client service, close and attentive follow through - I love the referral of the extended network to expedite onboarding process. Well done Sleek Team!"

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Jia Yng

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30 day moneyback guarantee

30 Days Money Back Guarantee

Our refund policy:

We care about you – within 30 days from your purchase, if you’re unhappy with our services, we’ll refund our fee. Email or call us, and we’ll process the refund within five working days.

What it doesn’t cover:

We will not be able to refund Government fees once the application has been submitted, nor any third-party processing fees.

When it applies:

We cannot guarantee any specific legal outcomes when you use our services. For instance, a company registration might be filed correctly but still get rejected by the Company Registry for reasons beyond our control. We can only refund our fees for issues we are directly responsible for. In the case that you purchase a service and later change your mind, we can’t issue a refund.

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