Simplified Underwriting Procedures
The application is simple as medical underwriting is not required.
The best way to demonstrate to your loved ones how much you care about them is to get prepared in advance. By enrolling in the Simply 5 Years Term Life Plan (the “Plan”), you may enjoy high coverage on term life insurance with an affordable premium. In the unfortunate event of the death of the insured, a lump-sum benefit will be provided to loved ones to relieve them of immediate financial burdens.
Issue Age : 18 to 60 years old
Policy Currency : HKD
Premium Payment Term : To age 99 (Yearly Renewable)
Benefit Term : To age 100
Premium Payment Method : Annual
Minimum Sum Assured : HKD400,000
The premiums stated below are for male and female non-smoking customers who are aged 30, 40 and 50, enrolling the Plan with Sum Assured of HKD1,000,000.
Annual Premium (HKD) | ||
---|---|---|
Age | Male | Female |
30 | 1,180 | 1,010 |
40 | 1,800 | 1,480 |
50 | 4,090 | 2,990 |
This
illustrative example and relevant figures are hypothetical and for illustrative
purpose only.
Please refer to the Policy documents for the complete definitions of the capitalised terms, as well as all the terms and conditions of this product. In the event of any dispute, China Life (Overseas) reserves the right to the final decision in deciding whether or not to accept the application and provide the insurance coverage.
This shall not be construed as any provision of or offer to sell or solicitation to buy any insurance product outside Hong Kong. China Life (Overseas) does not provide or offer to sell any insurance product outside Hong Kong.
For promotion details of the above plan, please call us at 3999 5598 or email us at enquiry@chinalife.com.hk for details.