| Pave
the Way to Success for Your Kids
With a Lump Sum Education Fund Plus Monthly Pocket
Money |
| Hang Seng Insurance Company Limited’s
Monthly Education Fund Insurance Plan is an endowment insurance plan offering Guaranteed
Education Fund(1) as well as Monthly
Pocket Money(2) so that you have more
financial flexibility in paving the academic road
to success for your beloved child. Payor’s
Benefit(3) is also available free of
charge for extra peace of mind. |
| |
 |
Guaranteed Education Fund(1)
and Monthly Pocket Money(2) |
|
Flexible Payout for the Education Fund |
|
Free Payor’s Benefit(3) for
Comprehensive Protection |
|
Two Payment Term Options for Extra Flexibility |
|
Peace of Mind with Life Insurance(4) |
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Easy Application(5) |
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Monthly Education Fund Insurance Plan prepares for your child's future plus life protection (4) |
| Remarks : |
| (1) |
Guaranteed Education Fund will be
paid to the policyholder at the Policy Anniversary
of the Life Insured’s insurance age of 18.
The policyholder may select to receive the amount
in cash or retain it to accumulate interest. Guaranteed
Education Fund is a guaranteed amount equals to
50% of the Sum Insured. |
| (2) |
Monthly Pocket Money includes Monthly Guaranteed
Pocket Money and Monthly Non-guaranteed Pocket
Money. Monthly Non-guaranteed Pocket Money is
not guaranteed and the actual amount receivable
may be higher or lower than the projected value.
Monthly Pocket Money will be paid to the Policyholder
on each monthiversary during the Policy Years
of the Life Insured’s insurance age 18 to
21. The Policyholder may select to receive the
amount in cash or retain it to accumulate interest.(7) |
| (3) |
Payor's Benefit is only offered to Payor whose
insurance age(6) is not greater than 60 and is holding
a HKID Card upon commencement of the Policy, provided
that the Payor’s information and answers
to the underwriting questions as stated in the application
form are acceptable to “Hang Seng Insurance”. This protection
will expire at the Payor’s insurance age(6)
of 65 or at the end of payment term of the policy,
whichever is earlier. |
| (4) |
In the event of death of the Life Insured’s
caused by accident or illness from the first Policy
year to the period before the Policy Anniversary
of the Life Insured's Insurance Age(6) 18, a death
benefit equals to 110% of the premium paid and
accumulated Policy Dividends(7) (if any) will be
paid to the beneficiary(ies). In the event of
death of the life insured during the Policy Years
of the insurance age of 18 and 21, the death benefit
equals to 101% of the Guaranteed Cash Value of
the Policy plus other accumulated policy values (if any)
will be paid. |
| (5) |
“Hang Seng Insurance” reserves the right to accept
or decline any applications for the Plan based
on the information provided by the Life Insured
and Policyholder during application. |
| (6) |
Insurance age is determined by the age of the Life Insured at the nearest birthday. |
| (7) |
Policy Dividends and the interest rates used for Policy Dividends accumulations, Guaranteed Education Fund accumulations as well as Monthly Pocket Money accumulations are not guaranteed. |
Please call 2198 7838 or visit any of our branches.
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| Enroll Personal Accident Insurance Plan: |
| |
|
Up to 15% Online Premium Discount |
|
One-month Premium Waiver |