Updated September 28, 2026 · AssureCue Editorial Team
MoneyHero vs Principal
Where MoneyHero and Principal differ
| Compare |  MoneyHero |  Principal |
|---|---|---|
| Insurance types | Travel, Auto, Home, Pet, Life, Critical illness, Health | Dental, Life, Critical illness, Income protection |
| Provider type | Comparison site | Insurer |
| Cover limit | HK$1,000,000 overseas medical expenses (Starr 卓悅遊・尊尚保 travel insurance - Nonpareil) | Dental annual maximum typically $1,000 to $2,000 per year |
| Age range | No upper age limit on single-trip travel plans | Member, spouse and dependents to age 26 |
| Premium from | HK$89.49 | Not confirmed |
| Monthly payments | Yes | Not confirmed |
| Excess from | HK$2,500 | Not confirmed |
| Claims channels | Not confirmed | Dentist files the claim on the member's behalf (preferred), Member submits their own claim, Online account or mobile app to view claims |
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Key differences
- Principal scores higher overall: 9.5 vs 8.8.
- Founded is lower at Principal: 1879 vs 2013.
- Insurance types: only MoneyHero offers Travel, Auto, Home.
- Insurance types: only Principal offers Dental, Income protection.
- Support channels: only MoneyHero offers Chat.
Our verdict on each
MoneyHero
MoneyHero suits Hong Kong residents who want one place to compare quotes across personal insurance lines rather than a single insurer. It is a comparison site, not a risk carrier, and it carries an Insurance Authority (Hong Kong) licence. Travel cover starts at HKD 89.49.
Principal
Principal suits anyone whose cover comes through work and who wants dental cover alongside life, critical illness and income protection from the same insurer. It has traded as an insurer since 1879, claims can be filed by the dentist, and dental benefits cap at Dental annual maximum typically $1,000 to $2,000 per year.
Score breakdown
| Area | MoneyHero | Principal |
|---|---|---|
| Cost | 8.7Travel premiums start at HKD 89.49 with an excess of HKD 2,500, against a site median of €8.37. | Not confirmed |
| Offer | 9.7Higher | 9.1 |
| Trust | 8.3 | 9.7Higher |
What each covers
| Insurance types | MoneyHero | Principal |
|---|---|---|
| Auto | Yes | No |
| Home | Yes | No |
| Life | Yes | Yes |
| Health | Yes | No |
| Travel | Yes | No |
| Pet | Yes | No |
| Dental | No | Yes |
| Critical illness | Yes | Yes |
| Income protection | No | Yes |
Where they rank in our lists
| Ranking | MoneyHero | Principal |
|---|---|---|
| Life insurance | 17 of 261 | 37 of 261 |
| Health insurance | 20 of 215 | 37 of 215 |
| Critical illness cover | 5 of 65 | 10 of 65 |
What we checked
MoneyHero
- moneyhero.com.hk: 13 facts, checked September 26, 2026
Principal
- principal.com: 8 facts, checked September 26, 2026
- linkedin.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | MoneyHero | Principal |
|---|---|---|
| Audience | Seniors | Not confirmed |
| Pricing model | Monthly | Not confirmed |
| Legal entity | MoneyHero Global Limited (registered in Hong Kong, company number 1864714) | Principal Life Insurance Company |
| Headquarters | Hong Kong | United States |
| Founded | 2013 | 1879Lower |
| Support channels | Email, Phone, Help centre, ChatCovers more | Phone, Email, Help centre |
Where each stands against the rest
| Fact | MoneyHero | Principal | Median |
|---|---|---|---|
| Premium from | HK$89.49at the median | Not confirmed | HK$89.49 |
Median across 5 listed insurance providers.
Pros and cons
MoneyHero
Pros
- Travel premiums start at HKD 89.49 with an excess of HKD 2,500
- Compares travel, auto, home, pet, life, critical illness and health cover across travel, auto and home
- Monthly payments are available, since the monthly payment model applies
Cons
- A comparison site quotes rather than underwrites, so cover terms sit with the insurer you pick
- Ranked 145 of 252 on premium from, so entry pricing is mid market
- The overall score of 2.5 out of ten puts cost at 2.5, well below the top of the table
Principal
Pros
- Cover spans dental, life and critical illness, so dental sits with life, critical illness and income protection under the same carrier.
- Dentists file on the member's behalf as the preferred route, listed in dentist files the claim on the member's behalf (preferred), member submits their own claim and online account or mobile app to view claims.
- Support runs on phone, email and help centre, so a phone line and a help centre back the plan.
Cons
- Cover is limited to Member, spouse and dependents to age 26, so it ends when a dependent leaves that band.
- Dental benefits stop at Dental annual maximum typically $1,000 to $2,000 per year, leaving heavy treatment years to the member's own pocket.
- Support runs on phone, email and help centre only, with no live chat or branch counter listed.
Who each suits
MoneyHero
Who it suits
- Hong Kong households covering several lines at once, from travel to health
- Travellers wanting a single-trip plan with no upper age limit, per No upper age limit on single-trip travel plans
- Seniors shopping for cover, listed in seniors
Who should look elsewhere
- Anyone wanting cover underwritten by one named insurer rather than a quote comparison
- Readers who need motorcycle, renters or landlord lines, which sit outside travel, auto and home
- People who set cover by brand alone and will not read the individual policy terms
Principal
Who it suits
- Members on an employer benefits package who want dental cover alongside life, critical illness or income protection.
- Households happy to let the dentist file, the preferred route in dentist files the claim on the member's behalf (preferred), member submits their own claim and online account or mobile app to view claims.
- US employees and their families, since the insurer is based in the United States.
Who should look elsewhere
- Linxea, whose list is life, leaves a member who wants dental without a dental line.
- Oney, which lists health, life and gadget and adds gadget cover rather than employer benefits.
- Good Sam Insurance Agency, whose auto, home and renters spread suits someone bundling home, auto and pet cover.
Current offers
MoneyHero
Current offer
Bonus
Free HK$1,500 vehicle inspection when buying car insurance: HK$1,500
MoneyHero pays the used-car inspection fee as part of inspection plus insurance bundle; limited time, T&Cs apply
Source, checked September 26, 2026
Discount code
HSBC 單次旅遊萬全保 premium discount with code MH: 68折 (32% off)
Apply to the 單次旅遊萬全保 and enter promo code MH; valid until 2026-11-20
Source, checked September 26, 2026
Discount code
HSBC 單次旅遊萬全保 Friday flash discount with code FLASH: 45折 (55% off)
Purchase the 單次旅遊萬全保 on a Friday and enter promo code FLASH; valid until 2026-11-20
Source, checked September 26, 2026
Country by country
| Country | MoneyHero | Principal |
|---|---|---|
| Hong Kong | Yes | No |
| United States | No | Yes |
Questions about each
MoneyHero
What does MoneyHero actually sell?+
MoneyHero is a comparison site, so it puts quotes side by side rather than issuing policies. It lists travel, auto, home, pet, life, critical illness and health cover under travel, auto and home. The contract you end up with is with the insurer the winning quote names.
How much does a MoneyHero policy cost?+
Travel premiums start at HKD 89.49 on the cheapest plan listed, against a site median of €8.37. Excess on that plan starts at HKD 2,500, and most brands sit at or below €29.72. Actual pricing depends on the insurer and the cover chosen.
Principal
What kinds of cover does Principal write?+
Principal's listed lines are dental, life and critical illness. Dental is usually reached through a workplace benefits package, while life, critical illness and income protection sit alongside it under the same carrier. The type list shows quickly whether the whole package comes from the same provider.
How much does the dental plan pay out each year?+
The published dental annual maximum typically sits at Dental annual maximum typically $1,000 to $2,000 per year, so that cap is the figure to plan around. Budgeting for crowns, bridges or other restorative work means checking your share once the maximum is reached. The figure sits inside a typical range, so plans within the same group can differ.
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