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, client should carefully read and understand the contents and terms of the policy document. Client should also seek independent and professional advice before making any decision.

Terms and Conditions of "Rewards with Ease 2025" Client Promotion (Extract and applicable to Wealth Accelerator Multi-Currency Plan Client Incentive)

          General Terms and Conditions:

1. The "Rewards with Ease 2025" Client Incentive, provided by Hong Kong Life Insurance Limited ("Hong Kong Life"), consists of Wealth Accelerator Multi-Currency Plan Client Incentive ("Incentive").The promotion period of the Incentive is from 1 April to 30 June 2025 (both dates inclusive) (the "Promotion Period").

2. 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.

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

4. Unless otherwise stated, the Incentives and Promotion can be enjoyed in conjunction with "Prestige Reward" Maturity Policy Client Incentive, Offshore Client Incentive, Complimentary Health Service, "Special Premium Deposit Account Extra First Year Guaranteed Interest Rate" Client Promotion, "ISM Branch Roadshow Incentive 2025" (if applicable), 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).

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 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.

6. 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 cover 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.
7. The 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.
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:

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 corresponding First Year Premium Discount of Basic Plan ("First Year Premium Discount") as shown in the Incentive Table (I): (i) with successful applications submitted within the Promotion Period for any specified Eligible Life Insurance Plans; (ii) the Annualized First Year Premium of basic plan being not less than the respective amounts as set out in the Incentive Table (I) (as the case maybe); and (iii) the policy being successfully issued.

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

12. 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.

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 amount of First Year Premium Discount that clients 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. For non-HKD policy currencies, the exchange rate below will be applied to determine its equivalent premium or premium discount amount, rounding off to the nearest integer:

    Policy Currency (to 1 unit of the currency)	AUD	CAD	EUR	GBP	NZD	RMB	SGD	USD
    Exchange Rate (HKD)	5	5	8	10	5	1.1111	5	8

    For example: HKD18,000 of Annualized First Year Premium is equivalent to AUD3,600 of Annualized First Year Premium.

16. Clients can pay the net premium (i.e. the premium after deducting the premium discount amount) when they submit the applications for the Eligible Life Insurance Plan. 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.

17. 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 First Year Premium Discount and such client agrees to reimburse Hong Kong Life for the amount of the First Year Premium Discount already granted to such client upon request.

18. 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.

19. 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.
    
    

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 Incentive, please call our Customer Services Hotline at 2290 2882.