Charming Life Level Term Plan
Charming Life Level Term Plan (The “Plan”) provides you with comprehensive pure life protection coverage at an affordable premium rate. With the safety net stand by you and your family, your family or loved one can rest assured to facing the unpredictable life. The Plan is underwritten by Hong Kong Life Insurance Limited (“Hong Kong Life”).
Charming Life Level Term Plan - Client Promotion Incentive (Exclusive for Online Application): From now till 31 December 2024, successful applications of the Plan may enjoy the following incentives:
- Full term premium discount of basic plan which includes 40% on first year premium discount and 25% premium discount on second year or thereafter.
- With designated amount of annualized first year premium, enjoy a HKD50 coffee coupon.
- Terms and conditions applies.
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3 Choices on Benefit Term
The Plan provides 3 types of Benefit Term, i.e. 1-Year, 5-Year and 10-Year. If the Life Insured dies while the Plan is in force, the Total Death Benefit which is equal to the Sum Assured will be paid to the Policy Beneficiary.
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Affordable Premium with Comprehensive Protection
The premium will remain unchanged throughout the Premium Payment Term*.
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Guaranteed Renewability for Whole Life Protection
On the Expiry Date upon renewal of the Plan, the Plan is guaranteed renewable up to age 100# of the Life Insured without evidence of insurability.
- Simple Application
(Applicable to online application)
- Proposed Policyowner and Life insured must be the same person
- Issue age from 18 to 50 (Age means age of the Life Insured at the last birthday)
- Holds a valid HKID card
- Hong Kong tax resident only
| Premium Payment Term* | 1 Year | 5 Year | 10 Year |
| Guaranteed renewable up to age 100 of the Life Insured | |||
| Policy Currency | HKD | ||
| Benefit Term | 1 Year | 5 Year | 10 Year |
| Guaranteed renewable up to age 100 of the Life Insured | |||
| Minimum Sum Assured | HKD100,000 | ||
| Maximum Sum Assured | HKD3,000,000(Per Life Insured per Plan) | ||
| Premium Payment Mode | Annual | ||
*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. 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.
# The renewal premium is not guaranteed and will be calculated according to the Life Insured’s attained age and the premium rates upon renewal.
