Executive Certificate in Medical Insurance and Health Planning for Retirement - HKU SPACE: Financial Services and Insurance courses
Class arrangement during COVID-19

The COVID-19 situation may still be fluid and constantly affect class arrangements in the coming months. The health and safety of our students will always be our top priority. To ensure that students’ academic progress is not affected, the School may substitute face-to-face classes with online teaching if necessary in the event that face to-face classes cannot be held. Our respective Programme Teams will contact the students concerned with details of such arrangements as necessary.

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Accounting & FinanceFinancial Services and Insurance

Executive Certificate in Medical Insurance and Health Planning for Retirement

Course Code
Application Code
Study mode
Start Date
To be advised
2 months to 3 months
Course Fee
$6000 per programme
Apply Now
Deadline on 04 Jan 2021 (Mon)
2867 8476
2861 0278
Medical insurance and retirement planning are hot topics in the globe. Come and join us in Jan 2021 to know the latest knowledge and best practices in these fields.

This programme aims to equip wealth management practitioners with the latest knowledge and best practices in the fields of medical insurance and retirement planning. It provides a broad overview of all main categories of insurance contracts in the areas of medical and retirement planning. The programme focuses on the best practices of medical insurance and health planning for retirement in Hong Kong.


About The Hong Kong Federation of Insurers (HKFI) 


The Hong Kong Federation of Insurers (HKFI), a self-regulatory body of insurers, was established on 8 August 1988 to advance and promote the development of the insurance business in Hong Kong. Following its conversion to a limited company on 29 December 1994, the HKFI became a consolidated and streamlined organiztion that enjoys full recognition by the Government of the Hong Kong Special Administrative Region as the representative body of an increasingly important industry. HKFI is a non-profit professional association comprising general insurance and life insurance companies in Hong Kong. The insurance industry is one of the few industries in Hong Kong that enjoys a high degree of self-regulation complemented by the Government's prudent regulatory framework. While maintaining a frequent dialogue with the Commissioner of Insurance on legislative issues affecting the industry, the HKFI actively promotes and perfects its self-regulatory regime with an aim of improving the professionalism of and strengthening public confidence in the insurance industry.


Teacher profiles: 

(1) Mr. Chris Yeung, currently working in insurance industry specialized in the life insurance area. He has been providing in-house training in financial planning and insurance. Prior, Chris worked in a listed independent financial advisory firm as a wealth management advisor and provided investment recommendation. He received a Bachelor's degree from the University of California, Riverside in Business Administration and a Master's degree in Investment Management from The Hong Kong University of Science and Technology concentrates on Asset Management. He is also a CFP professional.

(2) Dr. M. K. Lai, CFA, is currently a professional trainer at Executive Training and Management Consultancy as well as a visiting scholar at HKUST.  Dr. Lai has extensive knowledge in teaching adult continuing education. He was also an Assistant Professor at City University from 1994-2000.

(3) Mr. Choy Chak Po, had been working in the Bank of China Group for nearly 25 years. Over the past years, I had rich of working exposures in various banking business such as foreign exchange trading, precious metals margin trading, securities and index futures trading, business development and research, credit marketing, credit management of retail and corporate lending (policy and approval), special assets management, branch operation & administration (including the Qingdao Branch in PRC), credit risk assessment of financial institutions and development and implementation of the Basel project. 



On completion of the programme, students should be able to
1. examine the principles and practices of different types of medical insurance in retirement planning 
2. assess different types of misperception of medical insurance and retirement planning 
3. apply current medical insurance products in retirement planning 
4. integrate best practices of health planning and medical insurance protection for retirement 

Application Code 1865-EP138A Apply Online Now
Apply Online Now

Days / Time
  • Tue, Thu, Sat, -
  • 10 hours per module
  • HK Island

Module 1 – Principles of Medical Insurance (10 Hours)

  • Issues of HK retirement saving system and medical system
  • Retirement income needs and resources
  • Personal and financial risks in retirement
  • Retirement plan types and features: MPF, employer sponsored pension plans, benefits, limitations, and taxation
  • Pre-retirement considerations: timing of retirement, location, housing and reallocation of investments
  • Retirement plan components: cash management, asset protection, and estate management
  • Principles of medical insurance and medical insurance compliance
  • Disability risk, medical, health and long-term care insurance
  • Document requirement in medical insurance
  • Best practices of medical insurance in financial planning

Assessment Methods : Individual Essay


Module 2 – Behavioural Finance in Retirement Planning (10 Hours)

  • Biases and heuristics
  • Psychology of money
  • Prospect theory
  • Risk perception
  • Loss aversion
  • Money illusion
  • Familiarity and representativeness
  • Overconfidence
  • Personality Traits
  • Ego, impulsiveness and fear
  • Fear management techniques
  • Emotional self-awareness and self-confidence
  • Application of behavioural finance to retirement planning

Assessment Methods : Individual Essay


Module 3 – Wellness and Healthy Ageing (10 Hours)

  • Socio-economic issues for the older people
  • Lifestyle continuity and retirement
  • Wellness strategies and disease prevention
  • Healthy attitudes to life
  • Applied nutrition and food
  • Nutrition and exercise
  • Psycho-social well-being of the older people
  • Home and personal security
  • Drug and food safety
  • Core issues in mental illness
  • Personality disorders
  • Stress psychophysiology
  • Principle-centered stress management
  • Depression in the Elderly
  • Mind-body-spirit connection in stress management
  • Stress reduction and food
  • Relaxation strategies

Assessment Methods : Individual Essay

The Executive Certificate will be conferred to candidates who pass in continuous assessment and final assessment as well as achieved at least 70% attendance of the programme

Module 1 : Principles of Medical Insurance 

Lecture Date Time
1 19 Jan 21 (Tue) 18:45-22:05
2 26 Jan 21 (Tue) 18:45-22:05
3 2 Feb 21 (Tue) 18:45-22:05


Module 2 : Behavioural Finance in Retirement Planning 





25 Feb 21 (Thur)

18:45 - 22:05


4 Mar 21 (Thur)

18:45 - 22:05

3 11 Mar 21 (Thur) 18:45 - 22:05


Module 3 : Wellness and Healthy Ageing 

Lecture Date Time
1 16 Mar 21 (Tue) 18:45 - 22:05
2 23 Mar 21 (Tue) 18:45 - 22:05
3 30 Mar 21 (Tue) 18:45 - 22:05


Remarks : Tentative timetable is subject to change and course commencement is subject to sufficient enrollment numbers.

-hold a bachelor’s degree awarded by a recognized university or equivalent; or
-hold an Associate Degree/ a Higher Diploma or equivalent, and have at least 2 years of work experience; or
-hold relevant professional qualifications.

Application Fee

HK$150 (Non-refundable)

Course Fee
  • $6000 per programme

Online Application Apply Now

Application FormDownload Application Form
Application Form

Enrolment Method

HKU SPACE provides 24-hour online application and payment service for students to make enrolment for most open admission courses (courses enrolled on first come, first served basis) and selected award-bearing programmes via the Internet.  Applicants may settle the payment by using either PPS, VISA or Mastercard online.

  1. Complete the online application form

    Applicant may click the icon Apply Now on the top right hand corner of the programme/course webpage to make online application, and then follow the instructions to fill in the online application form.

    Some programmes/courses may be admitted by selection, and may require applicants to provide electronic copy of any required documents (e.g. proof of qualification) as indicated on the programme/course webpage.  Only file format in doc, docx, jpg and pdf are supported. 

  2. Make Online Payment

    Pay the programme/course fees by either using:

    PPS via Internet - You will need a PPS account and a PPS Internet password. For information on how to open a PPS account and how to set up a PPS Internet password, please visit http://www.ppshk.com.

    *Credit Card Online Payment - Course fees can be paid by VISA or MasterCard including the “HKU SPACE MasterCard”.

    *HKU SPACE MasterCard cardholders who wish to enjoy 10-month interest free instalment scheme must pay  their tuition fees in person at any our HKU SPACE Enrolment Centres.

To know more about online enrolment and payment, please refer to the user guide of Online Enrolment and Payment:


In Person / Mail

For first time enrolment

  1. For first come, first served short courses, complete the Application for Enrolment Form SF26 and bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.  
  2. Award-bearing and professional courses may require other information. Forms are usually available at the enrolment centres or on request from programme staff. Bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.

For continuing enrolment in the same course

A. In person or by post
  1. The standard ‘Enrolment/Payment Slip’ is designed for students of award-bearing programmes or remaining programmes in a suite of programmes requiring continuing enrolment and it applies to most programmes.
  2. Students should complete the “Enrolment/Payment Slip” which will be made available by relevant programme staff and return the slip to any HKU SPACE enrolment centre or post it to the relevant programme staff with appropriate fee payment.
B. Online

Selected programmes offer online continuing enrolment service. Programme staff will inform students if they offer this service and offer further enrolment details.

If you are in doubt about the procedures, please check the individual course details, or contact our programme staff or enrolment centres. 

Please note the followings for programme/course enrollment:

  1. To make an application online, you will need a computer with connection to the Internet and a web browser with JavaScript enabled. Internet Explorer 5.01 or above is recommended for the web browser.
  2. Applicants should not leave the online application idle for more than 10 minutes.  Otherwise, applicants must restart the application process.
  3. Only S-MILES and Early Bird Discount are supported in Online Applicants (Application).  To enjoy other types of discount, please visit one of our enrolment centres.
  4. During the online application process, asynchronous application and payment submission may occur.  Successful payment may not guarantee successful application.  In case of unsuccessful submission, our programme staff will contact you shortly.
  5. Applicants are reminded that they should only apply for the same programme/course once through counter or online application.
  6. For online enrolment, payment confirmation page would be displayed after payment has been made successfully.  In addition, a confirmation email would also be sent to your email account.  You are advised to keep your payment confirmation for future enquiries.
  7. Fees paid are not refundable except as statutorily provided or under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment).
  8. If admission is by selection, the official receipt is not a guarantee that your application has been accepted.  We will inform you of the result as soon as possible after the closing date for application.  Unsuccessful applicants will be given a refund of programme/course fee if already paid.


The School provides a platform for online services for a selected range of products it offers. While every effort is made to ensure timeliness and accuracy of information contained in this website, such information and materials are provided "as is" without express or implied warranty of any kind. In particular, no warranty or assurance regarding non-infringement, security, accuracy, fitness for a purpose or freedom from computer viruses is given in connection with such information and materials.

The School (and its respective employees and subsidiaries) is not liable for any loss or damage in connection with any online payments made by you by reason of (i) any failure, delay, interruption, suspension or restriction of the transmission of any information or message from any payment gateways of the relevant banks and/or third party merchants for processing credit/debit/smart card or other payment facilitation mechanism; (ii) any negligence, mistake, error in or omission from any information or message transmitted from the said payment gateways; (iii) any breakdown, malfunction or failure of those gateways in effecting online payment service or (iv) anything arisen out of or in connection with the said payment gateways, including but not limited to unauthorised access to or alternation of the transmission of data or any unlawful act not permitted by the law.

Payment Method
1. Cash, EPS  or WeChat Pay

Coourse fees can be paid by cash, EPS or WeChat Pay at any HKU SPACE Enrolment Centres.

2. Cheque or Bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify the programme title(s) for application and the applicant’s name.. You may either:

  • bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrolment centres;
  • or mail the above documents to any of the HKU SPACE Enrolment Centres, specifying  “Course Application” on the envelope.  HKU SPACE will not be responsible for any loss of payment sent by mail.
3. VISA/MasterCard

Applicants may also pay the course fee by VISA or MasterCard, including the “HKU SPACE MasterCard”, at any HKU SPACE enrolment centres. Holders of the HKU SPACE MasterCard can enjoy a 10-month interest-free instalment period for courses with a tuition fee worth a minimum of HK$2,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any enrolment centres.

4. Online payment

The course fees of all open admission courses (courses enrolled on first come, first served basis) and selected award-bearing programmes can be settled by using PPS via the Internet. Applicants may also pay the relevant course fees by VISA or MasterCard online. Please refer to the Online Services for details.


  • For general and short courses, applicants may be required to pay the course fee in cash or by EPS, WeChat Pay, Visa or MasterCard if the course is to start shortly.
  • Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, WeChat Pay, cheque or PPS (for online payment only) will normally be reimbursed by a cheque, and fees paid by credit card will normally be reimbursed to the payment cardholder's credit card account.
  • In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme team for details.
  • Fees and places on courses cannot be transferrable from one applicant to another. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
  • Receipts will be issued for fees paid but HKU SPACE will not be repsonsible for any loss of receipt sent by mail.
  • For additional certification, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to "HKU SPACE" to any of our enrolment centres.