Credit Care Protection Plan

Personal Banking > Insurance > Credit Care Protection Plan > Current Promotion Offer
Hang Seng - the bank with the highest rated banking services in Hong Kong for 7 consecutive years* brings you the Credit Card Protection Plan (the "Plan") to enjoy a high coverage against personal accidents with an inexpensive premium. In the event of accidental death or permanent total disablement of the insured, the Plan will immediately make available the following benefits:

• Up to HKD500,000 cash benefit for personal accident
• Up to HKD1,000,000 double cash benefit for common carrier traffic accident
• Covers your outstanding Hang Seng Credit Card payment# of up to HKD100,000

^ A premium of only HKD1 per day means an annual premium of HKD365. Premium is paid annually.


* According to Oracle Added Value Banking Study 2005 - 2011, among personal banking customers of the 8 major banks in Hong Kong.
# Outstanding payment means insured credit card account's outstanding balance, credit card interests and charges at the date of the accident causing the Insured's Death or Permanent Total Disablement.

Terms and Conditions:
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The Credit Care Protection Plan policy will cease to be valid following the cancellation of the insured Hang Seng credit card.
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If customers cancel the Credit Care Protection Plan after 15–day policy review period from receiving the policy, a minimum premium (Current minimum premium is HKD150) of this policy will be charged by QBE General Insurance (Hong Kong) Limited and the remaining premium for the uninsured months will be refunded to customers.
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The Credit Care Protection Plan provided by QBE General Insurance (Hong Kong) Limited is only available for subscription by residents of the HKSAR and the proposer must be aged between 18 and 60, holding an effective principal card of Hang Seng Credit Card (except Hang Seng Corporate Card, Hang Seng Commercial Card, Hang Seng USD Gold VISA Card and Hang Seng Renminbi Credit Card) and in good health and free from physical or mental impairment or deformity. If the insured owns more than one Hang Seng Credit Card, only one card can be insured.

Insurance products provided by QBE General Insurance (Hong Kong) Limited are only available for subscription for residents of the HKSAR. The above information is intended as a general summary of information for reference only. Please refer to the English version of the policy for the plan coverage, exact terms and conditions and exclusions.

The Credit Care Protection Plan is underwritten by QBE General Insurance (Hong Kong) Limited, which is authorized and regulated by the Commissioner of Insurance of the HKSAR. Hang Seng Bank Limited is an insurance agent authorized by QBE General Insurance (Hong Kong) Limited.