Rich people in Asia are using insurance to protect their families' money! It's like a special plan to make sure their kids and grandkids get their wealth without any big fights. This is becoming very popular, especially in places like Hong Kong.
- Insurance helps avoid family arguments about inheritance.
- Many wealthy people in China, Hong Kong, Macau, and Taiwan are choosing this option.
- It's a way to make sure money is given out fairly and smoothly.
Fact | Number |
---|---|
Percent of wealthy people using insurance for wealth transfer | 60% |
Minimum assets to be considered high-net-worth | US$1 million |