Insurance Made Simple

If you’re visiting this page, then good on you for trying to understand insurance better! We’ve highlighted common and useful insurance terms here and broke them down in plain English.
Coinsurance

Coinsurance is the percentage of a bill the insurance company will pay, given the expenses are covered by the policy.

Why it matters:

Coinsurance for our pet insurance Pawfect Care is 90%. Let's say your cat needs to have bladder stones removed and the surgery costs HKD 5,000. If your kitty has a policy with us, we will cover HKD 4,500, or 90% of the bill.