WHOLE LIFEIssue age
AGED 18 - 65 YEARSYou can buy this from
YOUR FINANCIAL CONSULTANT
The Platinum Term Plan has been designed for people between the ages of 18 and 65, and provides protection until they reach 100. In the unfortunate event of death of the insured, a death benefit equal to the sum insured becomes payable to your family1.
We all understand that effort has to be paid in staying healthy. The Platinum Term Plan offers a preferential premium rate to reward those who lead a healthy life. Please contact your consultant for details.
The premium in the first 10 or 20 policy years remains unchanged, enabling you to manage your finances more easily with fixed premium throughout the periods and in accordance to your financial plan. After the first 10 or 20 policy years, the premium2 will be adjusted according to the attained age of the insured. The plan protects you until the age of 100 regardless of your health conditions.
If the insured is diagnosed and certified as having 12 months, or fewer, to live from the date of such diagnosis and certification3, an Advanced Death Benefit equivalent to 75% of the sum insured3, or US$1,000,000 (for policies denominated in USD)/HK$8,000,000 (for policies denominated in HKD), whichever is less, will be provided to cope with unexpected expenses4.
- We will deduct from the sum insured any unpaid balance of premiums due for the full policy year in which the insured dies. The total amount of Advanced Death Benefit already paid or payable (if any) should be deducted from the Death Benefit.
- Premium remains unchanged and premium rate is guaranteed for the first 10 or 20 years and will be adjustable yearly according to the attained age afterward which premium rate is not guaranteed.
- Advanced Death Benefit will be payable only when the insured produces medical evidence from medical practitioners who confirmed that the insured has 12 months or fewer to live from the date of such diagnosis and certification. Advanced Death Benefit will be deducted from the Death Benefit payable after the death of the insured.
- Regardless of the number of Platinum Term Plan with us on the life of the Insured that is/are with the same basic plan name as this policy, the lesser of 75% of the total sum insured of all such plans, or US$1,000,000 (for policies denominated in USD)/HK$8,000,000 (for policies denominated in HKD) will be paid.
The above product summary is for reference only. Please refer to the policy provision for the terms and conditions.
If you are interested in this product, please contact your insurance consultant.