Credit Care Protection Plan

Personal Banking > Insurance > Credit Care Protection Plan > Current Promotion Offer
How about getting up to HKD1,100,000 protection against accidents for only HKD1 a day? Hang Seng General Insurance has tailor-made the Credit Care Protection Plan for Hang Seng Credit Card Principal Card customers. With an inexpensive premium, customers can enjoy a high coverage against personal accidents. In the event of accidental death or permanent total disablement of the insured, Hang Seng General Insurance 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
• Settlement of your Hang Seng Credit Card’s outstanding balance of up to HKD100,000
*A premium of only HKD1 per day means an annual premium of HKD365. Premiums are paid annually.



Terms and Conditions for the Offer:
1.
The promotion period is from 3 April to 30 September 2009 (“Promotion Period”). The promotion offer is not applicable to customers who renew or hold or cancel and/or have held or cancelled within the past 6 months any policy of the Credit Care Protection Plan of Hang Seng General Insurance (Hong Kong) Company Limited (“Hang Seng General Insurance”).
2.
During the Promotion Period, customers who have successfully enroled in the Credit Care Protection Plan via the Hang Seng Bank website, Hang Seng Personal e-Banking, 24-hour Enrolment Hotline, Hang Seng Credit Card Customer Service Hotline, any branch of Hang Seng Bank or in conjunction with an application for the Hang Seng Credit Card will be entitled to a HKD25 Starbucks Coffee Gift Certificate (“Gift”).
3.
The Gift will be mailed to the correspondence address of each eligible policyholder based on record hold by Hang Seng General Insurance within the sixth month after the Credit Care Protection Plan policy takes effect. To enjoy the Gift, the policy must remain in force at the time the Gift is mailed.
4.
In case the Gift runs out, Hang Seng General Insurance and Hang Seng Bank Limited ("Hang Seng Bank") reserve the right to change the Gift or arrange another item of a similar value for replacement.
5.
The Gift is not exchangeable for cash or any other gift.
6.
Hang Seng General Insurance and Hang Seng Bank are not the suppliers of the above Gift and assume no liability in relation thereto. Any dispute relating to the above Gift shall be resolved directly between the customer and the respective supplier.
7.
The Credit Care Protection Plan policy will cease to be valid following the cancellation or upgrading of the insured’s Hang Seng Credit Card. If a customer’s policy becomes invalid due to (but not limited to) this reason within the six months after the policy takes effect, the customer will not be entitled to the Gift.
8.
If customers cancel the Credit Care Protection Plan after the 15–day policy review period from receiving the policy, a minimum premium (Current minimum premium is HKD150) of this policy will be charged by Hang Seng General Insurance and the remaining premium for the uninsured months will be refunded to customers.
9.
Hang Seng General Insurance and Hang Seng Bank reserve the right to suspend, vary or discontinue the promotional offer, or amend the relevant promotional offer and its terms and conditions without prior notice to customers. In case of any dispute, the decisions of Hang Seng General Insurance and Hang Seng Bank shall be final.

The above is intended as a general summary of information and is for reference only.  For details of the coverage, exact terms and conditions and exclusions of the Credit Care Protection Plan, please refer to the English version of the policy.

The Credit Care Protection Plan is underwritten by Hang Seng General Insurance which is authorised and regulated by the Commissioner of Insurance of the HKSAR. Hang Seng Bank is an authorised insurance agent of Hang Seng General Insurance.

The proposer of the Credit Care Protection Plan must be a permanent resident of the HKSAR and aged between 18 and 60; holding an effective Hang Seng Credit Card Principal Card (except the Hang Seng Corporate Card, Hang Seng Commerical Card, Hang Seng USD VISA Gold 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 will be eligible for the insurance.