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

Terms and Conditions of "Tax Deductible – Fabulous Offer" (Extract and applicable to "VHIS Certified Plans")

          General Terms and Conditions:

1. "Tax Deductible – Fabulous Offer" (the "Incentive") consists of: the 1) First Year Premium Discount; and 2) Registration Quotas of MediEasy Outpatient Service under "Love Health · MediEasy".
2. The Promotion Period of the Incentive is from 1 April to 30 December 2023 (both dates inclusive) ("Promotion Period").
3. To be eligible for the Incentive, the application signing date and submission date of the application for the Eligible Life Insurance Plans of Hong Kong Life Insurance Limited ("Hong Kong Life") must fall within the Promotion Period.
4. Unless otherwise stated, the Incentive cannot be enjoyed in conjunction with any other incentive(s) offered by Hong Kong Life.
5. 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 client 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 remain unaffected.
6. Clients should refer to the Product Section of Hong Kong Life website, the policy, proposal and product leaflet and any other relevant documents of Hong Kong Life's life insurance plans for relevant product information, content, terms and conditions. This promotion describes the details of the Incentive only, it does not refer to any coverage, exclusions, risk disclosure, contents nor 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.
7. This Incentive and its relevant terms and conditions are applicable within the Hong Kong Special Administrative Region only and governed by the law of Hong Kong.
8. If there is any discrepancy or inconsistency between the English version and the Chinese version of this promotion, the English version shall prevail.
9. Hong Kong Life reserves the right of final decision in case of any dispute.
   
   Specific Terms and Conditions of First Year Premium Discount Incentive:
10. 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 First Year Premium Discount of the Eligible Life Insurance Plans as shown in the Incentive Table (I) : the policy being successfully issued.
11. The First Year Premium Discount is applicable to the premium of the basic plan of the Eligible Life Insurance Plan only and does not apply to any riders thereof.
12. Annualized First Year Premium is counted per policy and does not include any riders. 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. If the premium of the selected plan is paid on a monthly basis, assuming the monthly premium is HKD10,000, the Annualized First Year Premium will be HKD120,000 (HKD10,000 x 12 months).
13. 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 First Year Premium Discount on the Basic Plan of the Incentive that client can enjoy.
14. The amount of the First Year Premium Discount will be calculated in the currency under which the Eligible Life Insurance Plan is denominated.
15. Clients can pay the net initial premium (premium after deducting the premium discount amount) when they submit their applications. If the premium of the Eligible Life Insurance Plan is paid on a non-annual payment mode (i.e. monthly, quarterly or semi-annual payment mode), the premium discount amount will be counted per modal premium in the first policy year. In addition, if the premium is paid on monthly payment mode, clients are required to pay the net premium of the first two months in one-go upon application submission, and pay the net premiums for the remaining ten months of the first policy year on a monthly basis. The premium discount amount would not be applied subsequently and clients are required to pay the gross premiums each month.
16. In case of any conversion of any Eligible Life Insurance Plans to non-Eligible Life Insurance Plans or any changes made by clients in the first policy year, which results in the relevant Incentive requirement being no longer applicable, Hong Kong Life reserves the right to disqualify such client's entitlement to the Incentive and to seek compensation for the amount of the Incentive already granted to such client.
17. 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 any premium(s) (net premium after deduction of premium discount amount) and levy(ies) paid (both in the original payment currency) to Hong Kong Life, without any interest.
18. The First Year Premium Discount is non-transferable and cannot be redeemed for cash and the Incentive is not applicable to the premium on renewal of the existing policy. The premium discount amount can only be used for paying the premium of Eligible Life Insurance Plan in the Incentive Table (I).
19. The premium discount amount is not eligible for tax deduction. For details of the tax deduction, please refer to relevant product leaflet and the website of the Inland Revenue Department of the Hong Kong Special Administrative Region.
    
    Specific Terms and Conditions of the "Love Health·MediEasy":
20. Subject to the General Terms and Conditions and the Specific Terms and Conditions herein, after the policy of the Eligible Life Insurance Plans in Incentive Table (II) being successfully issued and the Annualized First Year Premium of Basic Plan of such policy being not less than HKD 6,000, clients may enjoy the number of Registration Quotas (the "Quotas") of MediEasy Outpatient Service (the "Service") as shown in the Incentive Table (II).
21. Annualized First Year Premium is counted per policy and does not include any riders.
22. If client submits more than one application of the same Eligible Life Insurance Plan with the same Life Insured, only the policy of the Eligible Life Insurance Plan with the earliest issue date would be entitled to the Quotas once.
23. In case of any conversion of basic plan of the Eligible Life Insurance Plan(s) to other life insurance plan(s) or any changes made by the client in the first policy year, which results in the requirements to enjoy the Quotas being no longer applicable, Hong Kong Life reserves the right to disqualify such client's entitlement to the Quotas and seek redress for the Service granted to such client.
24. Clients would not be entitled to the Quotas if they withdraw their policies during the cooling-off period.
25. Clients must provide a valid email address in the application to receive an invitation email of relevant Quotas of the Service including but not limited to the redemption code and service scope. The invitation email will be delivered after the cooling off period of the policy, given that the policy must be inforce.
26. For the details about "MediEasy Outpatient Service", including but not limited to the registration of the Service and the service scope, please refer to the "Terms and Conditions of MediEasy Outpatient Service". 
27. Each Redemption Code can only be used for the registration of Service once.
28. Each person can register the Service only once. If a person has registered for the Service more than once, the Service period would be determined based on the earliest date of registration.
29. Under any circumstances (including email process), Hong Kong Life will not re-issue or exchange the Quotas of the Service if stolen, lost, undelivered or expired and shall assume no responsibility.
30. Subject to relevant terms and conditions of the Service, the Quotas of the Service are transferable. At any circumstances, the Quotas can neither be transferred as cash nor be sold.
31. The Service is not part of the product features of the Eligible Life Insurance Plan(s).
32. If the Service is cancelled or terminated or unavailable for any reason(s), Hong Kong Life shall have the full and absolute right to replace it with alternative services or gifts without giving prior notice to the clients.
33. The Service is provided by MediConCen Limited ("MediConCen") (https://www.mediconcen.com/). Hong Kong Life, Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited are not the suppliers of the Service. Hong Kong Life gives no representation, warranty and guarantee of whatsoever nature (whether express or implied) to any person on or in connection with the Service and shall have no liability relating to any aspect of the Service by MediConCen, including but not limited to service quality or diagnosis result or consultation service provided by MediConCen and/or collection and use of the service user's personal data by MediConCen. Should there be any dispute or complaint or claim (if any) with regards to the Service, clients should make such demand or complaint or claim directly to MediConCen.
34. Hong Kong Life, Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited will have no legal liability or responsibility for any loss or damage including, but not limited to property damage or bodily injury to any person, howsoever arising from or in respect of any use of the Service by MediConCen.
35. Content of the Service may be subject to change without prior notice.
    
    

Dispute on Selling Process and Product

Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited (collectively "Appointed Licensed Insurance Agencies" and each individually "Appointed Licensed Insurance Agency") are the Appointed Licensed Insurance Agency of Hong Kong Life, and the life insurance product is a product of Hong Kong Life but not the Appointed Licensed Insurance Agency. 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 Licensed Insurance Agency and the customer out of the selling process or processing of the related transaction, Appointed Licensed 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.

For enquiry about the Life Insurance Plan, please call Hong Kong Life Customer Services Hotline at 2290 2882.