“HealthCare 168 Plus” Critical Illness Protector

Additional monthly financial support for Cancer, Stroke or Severe Heart Attack (First-in-market^*)

If the Insured is diagnosed with Cancer, Stroke or Severe Heart Attack under Severity Level 3 Critical Illnesses and has made a claim for these conditions, 1% of the sum insured will be paid to the Owner on each Policy Monthly Anniversary for a period of up to 18 months following such diagnosis (i.e., up to 18% of the sum insured), without needing to submit any proof of active treatment or end-of-life care. The Caregiving Support Benefit (up to 72% of the total sum insured) can be obtained from each Policy up to 4 times, providing additional support for unknown follow-up treatment and life as a patient. If the Insured passes away within the payment period of Caregiving Support Benefit, the balance will be paid together with the Death Benefit payable.

Protection against the condition of “Loss of Functionality of Key Organs” (First-in-market^*)

If the Insured is diagnosed by relevant Specialists with designated conditions of heart, lung, liver or kidney which last for at least 3 consecutive months, the Owner can obtain a Living Benefit of 20% of the sum insured in advance even if the cause of the illness cannot be ascertained or the illness is unknown.

Extensive illness coverage with comprehensive protection

In addition to covering 168 illnesses, the Plan provides special coverage against the condition of “Loss of Functionality of Key Organs”, with comprehensive and enhanced protection. The Plan also covers all the congenital conditions of the covered Critical Illnesses and Juvenile Illnesses that have not been detected at the Policy issue. Additionally, the Plan covers Less Severe Malignancy and Carcinoma In Situ in all organs.

Coverage against Carcinoma In Situ in all organs

The Plan provides coverage against Carcinoma In Situ in all organs with up to 2 times the Living Benefit for Carcinoma In Situ in different organs (if a specified organ comprises left and right parts, both parts will be considered one and the same organ). A total of 20% of the sum insured will be paid in advance for each Living Benefit.

An aggregate total of up to 500% of the sum insured for Severe Urban Diseases (Cancer, Stroke and Severe Heart Attack) with multiple protections

The Plan offers the Insured an aggregate benefit of up to 400% of the sum insured with multiple protections. Together with the first Living Benefit, the Plan will pay an aggregate benefit of up to 500% of the sum insured to greatly alleviate the financial pressure caused by an unfortunate relapse of Critical Illnesses. This benefit covers not only a new Cancer (unrelated to the Preceding Cancer), Stroke and Severe Heart Attack, but also a continuation / recurrence / related Cancer of the Preceding Cancer.

Reset to the maximum 100% of the sum insured after claims and get back up to 100% of the sum insured protection

The Plan offers a Protection Reset Benefit to free you from concerns about the previous claims reducing your existing protection for Critical Illness. If Living Benefits claims for Severity Level 1 and 2 Critical Illness and / or Juvenile Illness have been paid or are payable, up to 100% of the sum insured is payable after 1 year when the Insured unfortunately passes away or is diagnosed with a Severity Level 3 Critical Illness before the Policy Anniversary at which the Insured attained age 70, with the protection reset by up to 100% of the sum insured.

60% of the sum insured as an additional benefit for up to the first 20 years

If the Insured unfortunately passes away or is diagnosed with a Severity Level 3 Critical Illness within the first 20 Policy Years (issue age 20 or below) or the first 10 Policy Years (issue age 21 or above), 60% of the sum insured will be paid as an Additional Death Benefit or an Additional Living Benefit.

Convertibility Privilege

The Owner can also enjoy the Convertibility Privilege. Starting from the 19^th Policy Anniversary (issue age 20 or below) or from the 9^th Policy Anniversary (issue age 21 or above), the Owner can choose to convert the Additional Living Benefit and Additional Death Benefit to our designated whole life or whole life with critical illness protection insurance plan, without provision of further evidence of the Insured’s insurability and subject to the then prevailing rules of the Company.

Coverage of up to 160% of the sum insured on Respiratory Diseases

The Plan offers specific coverage against various types of serious or long-term Respiratory Diseases. If the Insured is diagnosed with a covered Respiratory Disease before the Policy Anniversary at which the Insured attained age 70, an Additional Benefit on Respiratory Disease of up to 60% of the sum insured will be paid.

Comprehensive coverage against Benign Conditions

• Additional Benign Benefit
  If a Specialist considers that a tumour could potentially turn malignant and subsequently performs a complete surgical excision of the solid tumour, and such tumour in the specified organ is confirmed to be a non-cancerous benign tumour after examination, the Plan will provide an Additional Benign Benefit of up to 40% of the sum insured (up to 2 times per Policy and payable once per organ). This additional benefit will not affect the future amount of the Living Benefit.
  
  
• Critical Illness protection is also applicable to people with benign conditions
  The Plan extends comprehensive coverage to the Insured who are diagnosed with a designated benign condition at the time of enrolment, with additional premiums if the relevant underwriting requirements are fulfilled. If the designated benign condition does not relapse and deteriorate after a 2-year waiting period and meets the relevant underwriting requirements, we will offer exclusive protection for benign conditions and waive the future additional premium.

Continued protection with the Waiver of Premiums

All future premiums payable under the basic plan will be waived from the diagnosis date once a Living Benefit for Severity Level 2 or 3 Critical Illnesses has been paid or is payable. The Insured can continue to enjoy the protection of the Plan until the Policy is terminated.

^*“First-in-market” item is concluded by comparing the same type of major Critical Illness protection products in the life insurance market in Hong Kong as of 9 November 2020. Caregiving Support Benefit covers Stroke and Severe Heart Attack in addition to Cancer, and is first-in-market to pay 1% of the sum insured on each Policy Monthly Anniversary for up to 18 months after the diagnosis, without submitting any proof of active treatment or end-of-life care.

The above product information does not contain the full terms of the plan and the full terms can be found in the policy document.

This plan may be purchased as a standalone plan without bundling with other type(s) of insurance product.

^Source: 10Life Insurance comparison platform. “HealthCare 168 Plus” Critical Illness Protector has achieved 5-Star Whole Life Critical Illness Insurance Award in 10Life 5-Star Insurance Award 2022 (As of 31 October 2022). For details, please visit www.10life.com.