When traveling to the mainland with family and friends, you can enjoy shopping and delicious cuisine while benefiting from up to 20 times protection offered for free by YAS and AlipayHK. This allows you to shop happily and travel safely! You can enjoy insurance coverage of up toHKD $100,000 for one single trip!
When travelers from Hong Kong enjoy shopping, dining,and fun times on their trips to the mainland with family and friends, YAS, in partnership with AlipayHK, launched the world's first dynamic insurance, offering free accident protection that converts every expenditure in the mainland into coverage. This innovative insurance plan automatically adjusts the coverage based on the traveler’s real-time spending during each trip, providing up to 20 times coverage based on the spending amount on that trip, ensuring a safer and more enjoyable experience. The more you spend, the higher the protection you will get, with a maximum coverage amount of HKD $100,000 for one single trip!
With the increasing frequency of cross-border activities between Hong Kong and the mainland, more and more travelers are choosing to visit the Greater Bay Area for tourism, shopping, and dining. AlipayHK data shows that over 10 million people have used cross-border transportation services in the past year. YAS anticipates that this insurance plan will annually cover more than HKD $10 billion in spending. Through deep collaboration with AlipayHK, travelers can receive embedded automatic accident protection for free, ensuring that every trip is worry-free.
Andy Ann, CEO of YAS stated: “This collaboration between YAS and AlipayHK aims to provide travelers with convenient and seamless protection. Whether it is shopping, dining, or transportation, every expenditure automatically adjusts the accident coverage in real-time,with more spending leading to greater protection. We are committed to creating a relaxed and worry-free travel experience for every traveler, and we hope everyone can enjoy happy moments with family and friends during their trips to the mainland.”
Venetia Lee, CEO of AlipayHK stated: “This collaboration with YAS customizes protection for over 4 million AlipayHK users traveling to the mainland, ensuring users are protected whether they are taking transportation, dining, or shopping in every city across the mainland. As the use of AlipayHK for payments among residents traveling to the mainland becomes increasingly popular, we aim not only to make it easier for users to spend and travel, but also to take an extra step to enhance the sense of safety for Hong Kong travelers.”
Double your spending, upgrade your protection!
● Coverage: Whether for shopping, dining, or entertainment, every expenditure made by travelers during their trips to the mainland will automatically trigger accidentinsurance. The coverage amount adjusts automatically based on the spending, with a maximum of 20 times coverage, requiring no additional procedures.
● Maximum single coverage of up to HKD $100,000: For each trip, travelers can enjoy accident insurance coverage of up to HKD $100,000 based on their spending amount, ensuring a safe trip.
● Free protection with no extra procedures required: This insurance service,launched in collaboration with AlipayHK, requires no additional actions from travelers. Travelers simply need to make daily purchases through AlipayHK and it will automatically grant extra protection, providing safety while traveling. Users can file claims through the YAS mini-program.
● Search for "YAS" or "First Accident Insurance" in the search bar at the top of the AlipayHK homepage to access the relevant page for details.
Innovative model, every transaction can protect your journ
This embedded dynamic accident insurance, offered by YAS and AlipayHK, marks a significant innovation in the insurance and payment industries. It not only provides travelers with convenient insurance coverage but also offers consumers an added sense of safety. With the growth of cross-border spending, YAS anticipates that this insurance scheme will set a new standard for travel insurance globally, delivering an unprecedented seamless protection experience for travelers.
This pioneering dynamic insurance is a new solution launched in collaboration between AlipayHK and YAS, seamlessly integrating insurance coverage with every purchase. It enhances consumer confidence, ensuring that travelers enjoy real-time, flexible, and convenient insurance services throughout their journey. This also provides additional safety for the over 400,000 travelers heading to the mainland daily, making it an essential protective force in their travel and shopping experiences.
This Personal Accident Insurance is underwritten by Assicurazioni Generali S.p.A. Hong Kong Branch ("Generali") and arranged by YAS Digital Limited. AlipayHK is not involved in providing the above-mentioned product, and not an insurance intermediary or insurance agent of Generali or any other licensed insurance company.
For detailed policy coverage and exclusions, please refer to the policy terms.