(The police will receive an email notification every time someone signs.)
A certain type of investment-linked insurance product, known as a contractual savings plan, is an outright scam. Many insurance companies in Hong Kong sell them. They are used to defraud investors out of as much as two years of savings.
Zurich International’s Vista is the most notorious. Standard Life’s Harvest 101 is another.
Over the past decade, hundreds of thousands (possibly millions) of Hong Kongers have been swindled by these types of products.
Signers of this petition are asking the Hong Kong police department to bring insurance companies to justice. Victims want their money back.
A detailed explanation of how insurers have been breaking the law can be read HERE.