The plan is guaranteed issued#1, which offers 4 assured sums to suit those who are aged between 5 and 60
It provides 10-year coverage with a premium payment period of 7 years. The premium is guaranteed level throughout the policy term. A new policy is issued for renewal upon the completion of the 10 years#2
Plan 1
Plan 2
Plan 3
Plan 4
Sum Assured (US$)
108,000
68,000
40,000
28,000
Accidental Death, Dismemberment & Third Degree Burns Protection: In the unfortunate event that you suffer from losses within 90 days after an accident, you will receive a benefit that is between 2% and 100% of the sum assured#3
Double Indemnity will be provided if the accident occurs when:
you are riding as a fare-paying passenger on public land transportation over an established route such as a bus, tram or train; or
you are in an elevator car (elevators in mines and on construction sites excluded) that is duly certified to carry passengers; or
as a direct result of the burning of a theatre, public auditorium, hotel, school, or hospital
Refund of Premiums as high as 105%: Upon the expiry date and while the policy is in force, 105% of the Total Premiums Paid#4 will be returned. If the policy is surrendered within the policy period, a Surrender Benefit equivalent to the Refund Percentage#5 multiplied by the Total Premiums Paid will be provided.
Number of completed policy year#6
Refund Percentage#5
Less than 1 year
0%
1 year
10%
2 year
20%
3 year
30%
4 year
40%
5 year
50%
6 year
60%
7 year
70%
8 year
80%
9 year
90%
10 year
105%
If the Insured passes away due to a non-accidental reason while the policy is in force, the beneficiary will receive a Death Benefit that is equal to 80% of the Total Premiums Paid or a Surrender Benefit (whichever is higher). Once the Refund of Premiums Benefit has been paid, the policy will be terminated accordingly
If you suffer from serious injury or illness while traveling outside of Hong Kong and Macau, worldwide emergency assistance services will be provided
This plan offers 4 choices of sum assured to suit different needs
The plan gives you peace-of-mind as you need not worry about the unexpected expenses even in the unfortunate event of accident
The plan will refund 105% of the premium paid at the end of the coverage period. It means that you will receive protection in case of an accident, while saving your money at the same time
#1
Subject to a maximum sum assured of US$108,000 per life.
#2
If the Insured is below the age of 60 at the expiry of policy, the Company will issue a new policy of the same type with premium at the attained age subject to the Company rules at the time of renewal.
#3
Only the loss with the largest benefit will be payable if more than one loss under the Accidental Death, Dismemberment and Third Degree Burns Protection results from the same accident. The policy will be terminated if the total payment reaches 100% of the sum assured, as will be the Refund of Premiums Benefit.
#4
The 'Total Premiums Paid' means an amount that is equal to the total premiums paid as if the policy were on annual premium basis, without interest.
#5
The Refund Percentage varies according to the number of completed policy years, with the full premium received by the Company, being in force up to the surrender of the policy or the insured's death, whichever is applicable.
#6
In the event that the application for the Return of Premiums Benefit is not at a completed policy year, the total premiums paid will be determined on a proportional basis and the refund percentage as at the end of the immediate last policy year will be applied.
Remark: This plan will be renewed annually up to the expiry age as stated in the policy contract. The premium will remain unchanged throughout the premium payment term.
The above information is for reference only. Details are subject to terms and conditions of the policy contract.
