Please refer to relevant product page of the respective insurance plan for the Appointed Licensed Insurance Agency. Please refer to the policy document for the full terms and conditions of the Eligible Life Insurance Plan(s), and the product leaflet of Hong Kong Life's life insurance plans for product information and risk disclosure. Before applying for any life insurance plan, clients should carefully read and understand the contents and terms of the policy document. Clients should also seek independent and professional advice before making any decision.

Clients may share with their referred Immediate Family Members about their own authentic customer experience at Hong Kong Life, but may not encourage, persuade, convince or recommend their referred Immediate Family Members to purchase any specific life insurance products offered by Hong Kong Life. Clients are not authorized to act as Hong Kong Life or bank's Insurance Intermediary, and therefore should avoid sharing about any matters relating to specific insurance product or sales activities of insurance products. For such matters, Clients should inquire with relevant bank's Insurance Intermediary (licensed technical representatives) directly. Clients are not authorized to advise, sell, arrange the purchase of life insurance plans and/or provide any sales support to the referred Immediate Family Members of the said client. The referred Immediate Family Members of the said client should not rely on any information, advice and/or representation provided by the said client in making any purchase decision.

Terms and Conditions of "Rewards with Ease 2025" Client Promotion Incentive (Extract and applicable to "Rewards for Two" Client Incentive - General Client)

          General Terms and Conditions:

1. The "Rewards with Ease 2025" Client Incentive, provided by Hong Kong Life Insurance Limited ("Hong Kong Life"), consists of "Rewards for Two" Client Incentive ("Incentive").

2. The promotion period of the Incentive is from 1 April to 30 June 2025 (both dates inclusive)(the "Promotion Period").

3. To be eligible for the Incentive, the application signing date and submission date of the application for any of the Eligible Life Insurance Plans must fall within the Promotion Period.

4. Unless otherwise stated, the Incentive is applicable to all clients.

5. Unless otherwise stated, the Incentive can be enjoyed in conjunction with "ISM Branch Roadshow Incentive 2025", and/or use any premium discount voucher, but not with any other incentive(s) which is/are not covered under the "Rewards with Ease 2025" Client Incentive. However, only one premium discount voucher could be used for each policy (if applicable).

6. Clients may share with their referred Immediate Family Members about their own authentic customer experience at Hong Kong Life, but may not encourage, persuade, convince or recommend their referred Immediate Family Members to purchase any specific life insurance products offered by Hong Kong Life. Clients are not authorized to act as Hong Kong Life or bank's Insurance Intermediary, and therefore should avoid sharing about any matters relating to specific insurance product or sales activities of insurance products. For such matters, clients should inquire with relevant bank's Insurance Intermediary (licensed technical representatives) directly. Clients are not authorized to advise, sell, arrange the purchase of life insurance plans and/or provide any sales support to the referred Immediate Family Members. The referred Immediate Family Members of the said client should not rely on any information, advice and/or representation provided by the said client in making any purchase decision.

7.  Hong Kong Life reserves the right to change or terminate the Incentive and amend any terms and conditions of the Incentive at any time without giving prior notice to Clients or reason therefor. For the avoidance of doubt, the Incentive applicable to the eligible policy issued prior to such variation, suspension or termination of the Incentive will not be affected.

8. Clients should refer to the Product Section of Hong Kong Life website, the policy, proposal, product leaflet and any other relevant documents of Hong Kong Life's life insurance plans for relevant product information, contents, terms and conditions. This promotion describes the details of the Incentive only; it does not refer to any coverage, exclusions, risk disclosure, contents, terms and conditions of the Eligible Life Insurance Plan(s). Clients should read, fully understand and accept the coverage, exclusions, risk disclosure, contents, terms and conditions of the policies and proposals before applying for any Eligible Life Insurance Plan(s) inclusive of the Incentive.
9. This Incentive and its relevant terms and conditions are applicable within the Hong Kong Special Administrative Region ("Hong Kong") only and governed by the laws of Hong Kong.
10. If there is any discrepancy or inconsistency between the English version and the Chinese version of this promotion, the English version shall prevail.
11. Hong Kong Life reserves the right of final decision in case of any dispute.
    
    Specific Terms and Conditions of First Year Premium Discount:

12. Subject to the General Terms and Conditions and the Specific Terms and Conditions herein, clients who fulfill all of the following requirements will be entitled to the corresponding First Year Premium Discount of Basic Plan (" First Year Premium Discount") as shown in the Incentive Table above: (i) with successful applications submitted within the Promotion Period for the Eligible Life Insurance Plans; (ii) the the Annualized First Year Premium of basic plan being not less than the respective amounts as set out in the Incentive Table (as the case maybe); (iii) the policy being successfully issued.

13. The  First Year Premium Discount does not apply to any riders.

14. Annualized First Year Premium of basic plan is counted per policy. Annualized First Year Premium is the total amount of first year premium to be paid in respect of the Basic Plan of the Eligible Life Insurance Plan in the first policy year.

15. If the Annualized First Year Premium is not an integer, such figure will be rounded off to the nearest integer for the purpose of calculating the amount of First Year Premium Discount that clients can enjoy.

16. For the Eligible Life Insurance Plan underwritten by Hong Kong Life, the Annualized First Year Premium must meet the prescribed minimum or maximum amount of the respective insurance plan. For details of the premium, please refer to the relevant policy documents.

17. The amount of the First Year Premium Discount will be calculated in the currency under which the Eligible Life Insurance Plan is denominated.

18. Clients can pay the net premium (i.e. the premium after deducting the premium discount amount) when they submit the applications for the relevant Eligible Life Insurance Plans. If the premium of the selected Eligible Life Insurance Plan is paid in a non-annual payment mode, the premium discount amount will be counted per modal premium in the first policy year. If the premium of the selected Eligible Life Insurance Plan is payable on a monthly basis, for the initial premium, clients are required to pay the net premium of the first two months. For the remaining ten modal premiums, clients are required to pay the net modal premium.

19. In case of any changes made by clients in the first policy year, which results in the requirement for the First Year Premium Discount not being fulfilled, Hong Kong Life reserves the right to disqualify such client's entitlement to the Single or First Year Premium Discount and such client agrees to reimburse Hong Kong Life for the amount of the Single or First Year Premium Discount already granted to such client upon request.

20. The  First Year Premium Discount is not applicable to policies withdrawn during the cooling-off period. In such case, clients would receive a refund of the premium(s) (not including the premium discount amount) and levy(ies) paid (both in the original payment currency) to Hong Kong Life, without any interest.

21. The First Year Premium Discount is non-transferable and cannot be redeemed for cash and is not applicable to the premium on renewal of existing policy.

    Specific Terms and Conditions of Second Year Premium Discount:

22. Subject to the General Terms and Conditions and the Specific Terms and Conditions herein, clients who fulfill all of the following requirements will be entitled to the corresponding Second Year Premium Discount of Basic Plan ("Second Year Premium Discount") as shown in the Incentive Table above: (i) fulfilling clause 12 of the Terms and Conditions; and (ii) relevant policy remains inforce on the premium due date of second year premium.

23. Second Year Premium Discount is applicable to the renewal premium at the second policy year. Policyowner can pay the net premium of the second year (i.e. the premium after deducting the premium discount amount). If the premium is paid in a non-annual payment mode, the premium discount amount will be counted per modal premium in the second policy year.

24. If the premium of the policy is increased or decreased, the premium discount amount will be calculated based on the latest adjusted premium.

25. The Second Year Premium Discount does not apply to any riders.

26.  If the Second Year Premium is not an integer, such figure will be rounded off to the nearest integer for the purpose of calculating the amount of Second Year Premium Discount that clients can enjoy.

27. The amount of the Second Year Premium Discount will be calculated in the currency under which the Eligible Life Insurance Plan is denominated.

28. In case of any changes made by clients in the second policy year, which results in the requirement for the Second Year Premium Discount not being fulfilled, Hong Kong Life reserves the right to disqualify such client's entitlement to the Second Year Premium Discount and such client agrees to reimburse Hong Kong Life for the amount of the Second Year Premium Discount already granted to such client upon request.

29. The Second Year Premium Discount is non-transferable and cannot be redeemed for cash and is not applicable to the premium on renewal of existing policy.