Medical Insurance
Underwritten by: Hong Kong Life Insurance Limited
Appointed Insurance Agency: Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Wing Hang Bank Limited and Shanghai Commercial Bank Limited

Your lifelong guardian with medical and dread disease protection

Fit For Life Medical Plan (The "Plan") offers you reassuring protection, which includes medical, dread disease, disability1 and life protection. Simply pay the fixed premium for 20 years2 and enjoy a comprehensive protection until aged 100 of the Life Insured . Besides, the Issue Age of the Plan is up to aged 70 to cater for the medical needs at different ages. Fit For Life lets you enjoy life without worry!

Whole Life Medical Benefit to Enjoy Life without Worries

The Plan provides comprehensive Hospital and Surgical Benefit including daily hospital room and board, daily in-hospital doctor's visit, miscellaneous hospital expenses, daily intensive care and surgical fee, etc. The actual incurred hospital and surgical expenses will be reimbursed to help you recuperate from sickness without financial worries.

In addition, the Plan offers benefit of daily public hospital income3 which is a daily cash payment for each day of confinement. You can flexibly use the cash payment for your own needs.

Whole Life Dread Disease Benefit to Provide Extra Cares

Besides Hospital and Surgical Benefit, the Plan offers whole life Dread Disease Benefit which covers 8 common Dread Diseases. If the Life Insured is diagnosed with any covered diseases by a Physician, a lump sum cash payment will be paid to give you extra financial support for your medical or living expenses.

High Issue Age to Cater for the Elderly

The demand for medical protection increases with age. The Issue Age of the Plan is up to aged 70 to cater for the medical needs of the elderly.

Extra Disability Benefit to Alleviate Financial Difficulties

If the Life Insured becomes totally and permanently disabled due to Injury or Sickness and loses his/ her working ability before the Policy Anniversary on or immediately following the Life Insured's 65th birthday for 6 consecutive months or above, a lump sum cash payment will be paid to alleviate his/her financial difficulties.

Life Protection for Peace of Mind

If the Life Insured dies while the Plan is in force, the Total Death Benefit which is equal to the Eligible Sum Assured4 less Dread Disease Benefit already paid and/ or payable (if any), plus Terminal Dividend (non-guaranteed)5(if any) will be paid to the Policy Beneficiary.

Terminal Dividend to Provide Additional Return

Terminal Dividend (non-guaranteed)5 may be payable starting from the 20th Policy Anniversary or on the Policy Anniversary on or immediately following the Life Insured's 80th birthday (whichever is earlier) (1) when the Policy is surrendered by the Policyowner, (2) when the Life Insured dies, (3) upon Policy Maturity, or (4) starting from the 20th Policy Anniversary, when the Total and Permanent Disability Benefit is paid, whichever is earlier for item (1)-(4).

Choices of Benefit Class

The Plan provides 3 choices of benefit class to meet your individual protection needs and financial budget.

Fixed Premium for Your Better Planning

The premium rate will remain unchanged throughout the Premium Payment Term allowing you to have a better plan for your future.

Flexible Choice of Riders6 to Meet Your Needs

You may enhance your coverage by attaching different riders6 to the Policy including Accidental Benefit and Term Life Benefit to fit your personal needs.

Premium Payment Term 20 Years To aged 80 of the Life Insured
Issue Age* Aged 0 (15 days after birth) to 60 Aged 61 to 70
Policy Currency HKD / USD
Benefit Term Until aged 100 of the Life Insured
Premium Payment Mode Annual / Semi-annual / Quarterly / Monthly

* Age means age of the Life Insured at the last birthday.

  1. Total and Permanent Disability Benefit will be provided up to the Policy Anniversary on or following the Life Insured's 65th birthday.
  2. For issue aged 61 to 70 of the Life Insured, the premium will only be paid until age of 80. The Policy will be terminated if the Policyowner cannot settle the premium payment before the end of the Grace Period during the Premium Payment Term, subject to the Non-forfeiture Option and other relevant provisions of the Policy. For detailed terms and conditions, please refer to the policy document issued by Hong Kong Life. If the Policy is terminated before the Policy Maturity, the Total Surrender Value (if applicable) received by the Policyowner may be less than the Total Premiums Paid.
  3. If this benefit is payable, other Hospital and Surgical Benefits of the Plan are not applicable to the same Disability.
  4. Eligible Sum Assured means the amount equal to the Sum Assured less any benefits already paid and/or payable under Hospital and Surgical Benefit.
  5. Terminal Dividend is not guaranteed and may be changed from time to time. Past performance is not indicative of future performance. The actual amount received may be higher or lower than the estimated amount. Hong Kong Life reserves the right to change it from time to time.
  6. Application for riders must comply with the issue age requirement of the riders and are subject to normal underwriting procedures. Riders can be applied together with the Plan or at each Policy Anniversary. Riders will be terminated simultaneously when the Plan is terminated. For details of riders, please refer to the policy document issued by Hong Kong Life.
Coverage items Benefit class  
Sum Assured (calculated in HKD) Standard Superior Deluxe
320,000 600,000 1,000,000
  Coverage items Maximum amount per Disability (HKD) Maximum number of days/visits per Disability
Hospital and Surgical Benefit** 1. Daily Hospital Room and Board 400 600 1,000 120 days
2. Daily In-Hospital Doctor's Visit 400 600 1,000 120 days
3. Miscellaneous Hospital Expenses 5,000 7,200 10,000 -
4. Daily Intensive Care 1,000 1,520 2,520 30 days
5. Surgical Fee## 32,000 48,000 80,000 -
6. Anaesthetist's Fee 40% of actual benefit payable under the Surgical Fee -
7. Operating Theatre Fee 40% of actual benefit payable under the Surgical Fee -
8. Post-surgery Out-Patient Benefit^^ 120 280 464 15 visits
9. Emergency Out-Patient Treatment (Accident)++ 4,000 4,800 6,400 -
10. Extra Bed for Family Members 240 440 720 30 days
11.Daily Public Hospital Income 760 1,000 1,200 120 days
  Coverage items Benefit
Dread Disease Benefit 8 Dread Diseases:
Stroke
Heart Attack
Cancer
Coronary Artery Surgery
Paralysis
Kidney Failure
Coma
Major Organ Transplant
50% of Eligible Sum Assured&
Total and Permanent Disability Benefit
(up to aged 65)
If the Life Insured becomes totally and permanently disabled due to Injury or Sickness and loses his/her working ability before the Policy Anniversary on or following the Life Insured's 65th birthday for 6 consecutive months or above, a lump sum cash payment will be paid. Eligible Sum Assured& less Dread Disease Benefit already paid and/ or payable (if any), plus Terminal Dividend (non-guaranteed)@(if any).
Life Protection If the Life Insured dies, the Total Death Benefit will be paid to the Policy Beneficiary.
Maturity Benefit Amount will be paid upon Policy Maturity.
Surrender Benefit Total Surrender Value will be paid upon Policy Surrender. 100% of Guaranteed Cash Value less any benefits already paid and/ or payable under Hospital and Surgical Benefit and Dread Disease Benefit (if any), plus Terminal Dividend (non-guaranteed)@(if any).

Remarks:

When accumulated benefit paid reaches 100% of the Sum Assured, the Plan will be terminated.
** During the Premium Payment Term, the aggregate amounts already paid and/ or payable for the claims incurred under Hospital and Surgical Benefit is up to 60% of the Sum Assured. After the Premium Payment Term, the aggregate amounts already paid and/ or payable for the claims incurred under Hospital and Surgical Benefit is up to 100% of the Sum Assured.
## The classification of surgical procedure is based on Surgical Schedule.
^^ Applicable to post-surgery out-patient treatment within 14 days after the confinement or the date of such surgical procedure for the same Disability. Limited to a maximum of one visit per day.
++ The Injury is sustained as a result of accident and must be treated as an out-patient in the out-patient department of a Hospital within 24 hours of the said accident.
The amount of cash payment is based on the number of days of confinement. If this benefit is payable, item 1-10 above are not applicable to the same Disability.
& Eligible Sum Assured means the amount equal to the Sum Assured less any benefits already paid and/or payable under Hospital and Surgical Benefit.
@ Terminal Dividend is not guaranteed and may be changed from time to time. Past performance is not indicative of future performance. The actual amount received may be higher or lower than the estimated amount. Hong Kong Life reserves the right to change it from time to time.

The Hospital and Surgical Benefit of the Plan shall not cover any claims caused directly or indirectly, wholly or partly, by any one of the following occurrences:

  1. any hospitalization or charges incurred as a result of any Pre-existing Condition or illness with signs or the symptoms of which first occurred or required medical consultation, medical investigation, or medical treatment prior to or within 30 days following the Issue Date, date of endorsement or date of any reinstatement of the Plan, whichever is later;
  2. suicide or attempted suicide or self-inflicted injuries while sane or insane;
  3. war whether declared or undeclared or any act thereof, invasion, civil commotion, riots or any warlike operations;
  4. service in the armed forces in time of declared or undeclared war or while under orders for warlike operations or restoration of public order; or violation or attempted violation of the law or resisting arrest or participation in any brawl or affray;
  5. engaging in or taking part in (a) driving or riding in any kind of race; (b) professional sports; (c) underwater activities involving the use of breathing apparatus; (d) flying or other aerial activity except as a fare-paying passenger in a commercial aircraft;
  6. Injury or Sickness sustained whilst the Life Insured is under the influence of alcohol or drugs and treatment in connection with addiction to drugs or alcohol;
  7. routine physical examinations, health check-ups or tests, rest care, sanatorium care, vaccinations, immunization injections, preventive medication or any treatment which is not Medically Necessary;
  8. dental treatment or eye examinations, dentures, glasses or hearing aids or the fitting of any thereof, cosmetic surgery or plastic surgery, except and to the extent that any of such treatment is Medically Necessary for the cure or alleviation of Injury to the Life Insured;
  9. Human Immunodeficiency Virus (HIV) infection (except and to the extent that such infection occurs through an accidental cut or wound) and/or any HIV-related illness including Acquired Immunodeficiency Syndrome (AIDS) and/or any mutations, derivations or variations thereof; venereal diseases, sexually transmitted diseases, infertility, sterilization , genetic testing, sexual dysfunction, sexual inadequacies, or sexual transformation, contraception, or any assisted reproduction procedures, or psychiatric treatment; mental or nervous diseases or disorder including but not restricted to anorexia nervosa, anxiety, depression, mania, neurosis, paranoid, psychosis and schizophrenia; congenital deformity or anomaly that gives rise to signs or symptoms, or is diagnosed before the Life Insured reaches age 14;
  10. childbirth, pregnancy, miscarriage, abortion or their complications;
  11. treatment or surgery for tonsils, adenoids or hernia until the Life Insured has been continuously covered under the Plan for a period of 120 days immediately preceding such treatment or surgery.

The Dread Disease Benefit of the Plan shall not cover any claims caused directly or indirectly, wholly or partly, by any one of the following occurrences:

  1. any Pre-existing Condition or signs or the symptoms of Dread Disease which first occurred or required medical consultation, medical investigation, or medical treatment prior to or within 90 days following the Issue Date, date of endorsement or the date of any reinstatement of the Plan, whichever is later;
  2. Acquired Immunodeficiency Syndrome (AIDS) and/or any mutations, derivations or variations thereof; or infection by Human Immunodeficiency Virus (HIV);
  3. suicide or attempted suicide or self-inflicted injuries while sane or insane;
  4. war whether declared or undeclared or any act thereof, invasion, civil commotion, riots or any warlike operations;
  5. service in the armed forces in time of declared or undeclared war or while under orders for warlike operations or restoration of public order; or violation or attempted violation of the law or resisting arrest or participation in any brawl or affray;
  6. engaging in or taking part in (a) driving or riding in any kind of race; (b) professional sports; (c) underwater activities involving the use of breathing apparatus; (d) flying or other aerial activity except as a fare-paying passenger in a commercial aircraft;
  7. intoxication by alcohol, narcotics or drugs;
  8. any congenital deformity or anomaly that gives rise to signs or symptoms, or is diagnosed before the Life Insured reaches age 14.

The Total and Permanent Disability Benefit of the Plan shall not cover any claims caused directly or indirectly, wholly or partly, by any one of the following occurrences:

  1. suicide or attempted suicide or self-inflicted injuries while sane or insane;
  2. war whether declared or undeclared or any act thereof, invasion, civil commotion, riots or any warlike operations;
  3. service in the armed forces in time of declared or undeclared war or while under orders for warlike operations or restoration of public order; or violation or attempted violation of the law or resisting arrest or participation in any brawl or affray;
  4. any congenital deformity or anomaly that gives rise to signs or symptoms, or is diagnosed before the Life Insured reaches age 14;
  5. childbirth, pregnancy, miscarriage or abortion.

Risk

Exchange Rate Risk

If the Policy Value and premium of the Plan are calculated in USD, all benefit amount will be presented in USD. If the benefit amount is received in terms of HKD, it is subject to the exchange rate between USD and HKD as determined by Hong Kong Life at the time of payment. Due to the potential fluctuation of the exchange rate, if USD depreciates substantially against HKD, the benefit value (calculated in HKD) of the Policy may be substantially decreased; if USD appreciates substantially against HKD, the premium (calculated in HKD) of the Policy may be substantially increased.

Liquidity Risk / Long Term Commitment

The Plan is designed to be held until the Maturity / Expiry Date. If you terminate the Policy prior to the Maturity / Expiry Date, a loss of the premium paid may be resulted.

The premium of the Plan should be paid in full for the whole payment term. If you discontinue the payment, the Policy may lapse and a loss of the premium paid may be resulted.

Credit Risk of Issuer

The Plan is issued and underwritten by Hong Kong Life. Your Policy is subject to the credit risk of Hong Kong Life. In the worst case, you may lose all the premium paid and benefit amount.

Market Risk

The amount of dividends (if any) of the Plan depends principally on the factors including investment returns, claim payments, policy persistency rates, operation expenses and tax; while the annual interest accumulation rate principally depends on the factors including investment performance and market conditions. Hence the amount of dividends (if any) and annual interest accumulation rate are not guaranteed and may be changed over time. The actual dividends payable and annual interest accumulation rate may be higher or lower than the expected amount and value at the time when the Policy was issued.

Inflation Risk

When reviewing the values shown in the Insurance Proposal, please note that the cost of living in the future is likely to be higher than it is today due to inflation.

Important Policy Provisions

Suicide

If the Life Insured commits suicide, while sane or insane, within one (1) year from the Issue Date or date of any reinstatement, whichever is later, the liability of Hong Kong Life shall be limited to a refund of paid premiums to the Beneficiary without interest less any existing Indebtedness. In the case of reinstatement, such refund of premium shall be calculated from the date of reinstatement.

This clause shall not apply to any Supplementary Benefit granting disability, accident or hospital benefits attached to the Policy unless stated otherwise in the contrary.

Incontestability

The validity of the Policy shall not be contestable except for (i) the non-payment of premiums, (ii) fraud or (iii) misstatement of age and/or sex as specified in the Misstatement of Age and/or Sex provisions, after it has been in force during the lifetime of the Life Insured for two (2) years from the Issue Date or date of any reinstatement, whichever is later. Premiums paid will not be refunded should the Policy be voided by Hong Kong Life.

This clause shall not apply to any Supplementary Benefit granting disability, accident or hospital benefits attached to the Policy unless stated otherwise in the contrary.

Automatic Termination

The Plan shall terminate automatically:

  1. upon the death of the Life Insured; or
  2. upon the payment of the Total and Permanent Disability Benefit; or
  3. if and when the Plan matures, is surrendered or converted to Reduced Paid-Up Insurance or Extended Term Insurance; or
  4. if and when a premium remains unpaid at the end of the Grace Period as specified in the General Provisions; or
  5. on the Policy Anniversary on or immediately following the Life Insured's one hundredth (100th) birthday; or
  6. when the Sum Assured has been fully paid under the Plan.

Others

Insurance Costs

The Plan is an insurance plan with a savings element. Part of the premium pays for the insurance and related costs (if any).

Cooling-off Period

If you are not satisfied with your Policy, you have a right to cancel it within the cooling-off period and obtain a refund of any premium(s) and levy(ies) paid (in the original payment currency) to Hong Kong Life without any interest. A written notice signed by you should be received by Hong Kong Life Insurance Limited at 15/F Cosco Tower, 183 Queen's Road Central, Hong Kong within the cooling-off period (that is, 21 days after the delivery of the Policy or issue of the Cooling-off Right Notice (informing you/your representative about the availability of the Policy and Expiry Date of the cooling-off period), whichever is the earlier). After the expiration of the cooling-off period, if you cancel the Policy before the end of the term, the projected Total Surrender Value (if applicable) may be less than the Total Premiums Paid.

Dividends

Hong Kong Life determines the amount of divisible surplus that will be distributed in the form of dividends. Dividends will be determined and distributed according to the Policy's terms and conditions and in compliance with the relevant legislative and regulatory requirements as well as relevant actuarial standards, whereas Terminal Dividend is available for certain types of policies and payable at the termination of the policies.

The amount of divisible surplus depends principally on the factors including investment returns, claim payments, policy persistency rates, operation expenses and tax. Hence the amount of dividends is not guaranteed and may be changed over time. The actual dividends payable may be higher or lower than the expected amount at the time when the policies were issued.

Non-Protected Deposit

The Plan is not equivalent to, nor should it be treated as a substitute for, time deposit. The Plan is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.

Dispute on Selling Process and Product

Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Wing Hang Bank Limited and Shanghai Commercial Bank Limited (collectively "Appointed Insurance Agencies" and each individually "Appointed Insurance Agency") are the Appointed Insurance Agencies of Hong Kong Life, and the insurance product is a product of Hong Kong Life but not the Appointed Insurance Agencies. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Appointed Insurance Agency and the customer out of the selling process or processing of the related transaction, Appointed Insurance Agency is required to enter into a Financial Dispute Resolution Scheme process with the customer; however any dispute over the contractual terms of the life insurance product should be resolved between Hong Kong Life and the customer directly.

The above information is for reference and is applicable within Hong Kong only. For terms and conditions, please refer to the policy document. If there is any conflict between the above information and the policy document, the latter shall prevail. The copy of the policy document is available upon request. Before applying for the insurance plan, you may refer to the contents and terms of the policy document. You may also seek independent and professional advice before making any decision.