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Business Banking > Business Insurance and MPF > Current Promotion Offer

From 1 September 2011 to 30 September 2011 (“Promotion Period”), successfully enroll in any of the following Designated Life Insurance Plan(s)(1) with designated annualized premium(2) and being with policy successfully issued on or before 30 November 2011, you will get the following fabulous privileges.

Designated Life Insurance Plans(1)
Annualized Premium(2)
Amount of SOGO Gift
Certificates (HKD)
Other Privileges
Treasure Life Insurance Plan /
MediCash Lifetime Insurance Plan /
Critical Illness Life Insurance Plan /
Leisure Life Insurance Plan
HKD6,000 – HKD19,999
(USD750 – USD2,499)
300
Not Applicable
HKD20,000 – HKD39,999
(USD2,500 – USD4,999)
500
HKD40,000 – HKD69,999
(USD5,000 – USD8,749)
1,200
HKD70,000 or above
(USD8,750 or above)
2,700
RewardYou Life Insurance Plan /
Target Income Life Insurance Plan /
Monthly Education Fund Insurance Plan(3) /
Refundable Cancer Protection
Life Insurance Plan(4)
HKD18,000 – HKD29,999
(USD2,250 – USD3,749)
300
Not Applicable
HKD30,000 – HKD59,999
(USD3,750 – USD7,499)
500
HKD60,000 – HKD99,999
(USD7,500 – USD12,499)
1,200
HKD100,000 – HKD199,999
(USD12,500 – USD24,999)
1,600
HKD200,000 – HKD499,999
(USD25,000 – USD62,499)
2,700
HKD500,000 – HKD999,999
(USD62,500 – USD124,999)
12,000
HKD1,000,000 or above
(USD125,000 or above)
27,000
Jade Global Select Universal Life Plan(5)#
Any Amount
Not Applicable
Longevity Gold Foil Picture
(app. 36cm (H) x 58cm(W))
TransACESM Elite II Universal Life Insurance Plan(5)^
Single Premium : USD50,000 or above
Regular Premium : USD10,000 or above

   
#
The offer is also available for the universal life insurance plan underwritten by HSBC Life (International) Limited.
^
The offer is also available for the universal life insurance plan underwritten by Transamerica Life (Bermuda) Ltd.



Remarks:
(1)
Designated Life Insurance Plans include RewardYou Life Insurance Plan, Target Income Life Insurance Plan, Monthly Education Fund Insurance Plan, Refundable Cancer Protection Life Insurance Plan, Treasure Life Insurance Plan, MediCash Lifetime Insurance Plan, Critical Illness Life Insurance Plan, Leisure Life Insurance Plan, Jade Global Select Universal Life Plan, TransACESM Elite II Universal Life Insurance Plan underwritten by HSBC Life (International) Limited or Transamerica Life (Bermuda) Ltd. (“Designated Life Insurance Plans”). The list of Designated Life Insurance Plans will be subject to change without prior notice. Please contact Hang Seng Bank Limited (“Hang Seng Bank”)’s Relationship Manager for enquiries.
(2)
The annualized premium does not include rider premium. For monthly payment mode (if applicable), the eligibility of SOGO Gift Certificates (if applicable) will be determined by multiplying the monthly premium payment by 12. If customers enroll in RewardYou Life Insurance Plan and Target Income Life Insurance Plan with lump sum premium payment, the eligibility will be determined by dividing the lump sum premium payment by 5. If customers successfully enroll in TransACESM Elite II Universal Life Insurance Plan and the universal life insurance plan underwritten by Transamerica Life (Bermuda) Ltd. with regular premium payment, the eligibility of the designated gift (if applicable) will be determined by the first year annualized premium payment excluding rider premium. For monthly payment mode (if applicable), the eligibility of designated gift (if applicable) will be determined by multiplying the monthly premium payment by 12.
(3)
As the Monthly Education Fund Insurance Plan is subject to a maximum sum insured, the maximum rewards for customers upon successful enrollment are HKD2,700 Sogo Gift Certificates.
(4)
As the Refundable Cancer Protection Life Insurance Plan is subject to a maximum sum insured, the maximum rewards for customers upon successful enrollment are HKD500 Sogo Gift Certificates.
(5)
If customers successfully enroll in Jade Global Select Universal Life Plan, TransACESM Elite II Universal Life Insurance Plan, or the universal life insurance plan underwritten by HSBC Life (International) Limited or Transamerica Life (Bermuda) Ltd, the customers are entitled to receive a Longevity Gold Foil Picture.

Click here for terms and Conditions

RewardYou Life Insurance Plan, Target Income Life Insurance Plan, Monthly Education Fund Insurance Plan, Refundable Cancer Protection Life Insurance Plan,Treasure Life Insurance Plan, MediCash Lifetime Insurance Plan, Critical Illness Life Insurance Plan and Leisure Life Insurance Plan are underwritten by Hang Seng Insurance Company Limited ("Hang Seng Insurance") which is authorised and regulated by the Commissioner of Insurance of HKSAR to carry out long-term insurance business in the HKSAR. Hang Seng Bank is the insurance agent authorised by "Hang Seng Insurance”.

Jade Global Select Universal Life Plan and related universal life insurance plan are underwritten by HSBC Life (International) Limited ("HSBC Life"). HSBC Life is authorised and regulated by the Commissioner of Insurance of HKSAR to carry out long-term insurance business in the HKSAR. Hang Seng Bank is an insurance agent authorised by HSBC Life.

TransACESM Elite II Universal Life Insurance Plan and related universal life insurance plan are underwritten by Transamerica Life (Bermuda) Ltd. Transamerica Life (Bermuda) Ltd. is authorized and regulated by the Commissioner of Insurance of HKSAR to carry out long-term insurance business in the HKSAR. Hang Seng Bank is an insurance agent authorized by Transamerica Life (Bermuda) Ltd.

The above information is intended as a general summary of the information only. Please refer to the relevant promotion flyers/leaflets for details on the terms, conditions and exclusions of the respective life insurance plans and the policies of the respective plans shall be considered as final.