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Business Banking > Business Insurance and MPF > Current Promotion Offer

From 1 September 2010 till 30 September 2010 (“Promotion Period”), successfully enrol 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 2010, you will get the following fabulous privileges.

Designated Life Insurance Plans
Annualized Premium(2)
Amount of SOGO Gift
Certificates (HKD)
Other Privileges
Payment Term of
10 years or Below
Payment Term of
Above 10 years
Treasure Life Insurance Plan /
MediCash Lifetime Insurance Plan /
Critical Illness Life Insurance Plan /
Leisure Life Insurance Plan
HKD5,999 or below
(USD749 or below)
Not Applicable
One-month Premium
Waiver in the first policy year
HKD6,000 – HKD11,999
(USD750 – USD1,499)
150
200
HKD12,000 – HKD23,999
(USD1,500 – USD2,999)
250
400
HKD24,000 – HKD39,999
(USD3,000 – USD4,999)
550
800
HKD40,000 or above
(USD5,000 or above)
1,100
1,500
Target Income Life Insurance Plan /
Monthly Education Fund Insurance Plan
HKD18,000 – HKD25,999
(USD2,250 – USD3,249)
250
350
Not Applicable
HKD26,000 – HKD39,999
(USD3,250– USD4,999)
350
600
HKD40,000 – HKD79,999
(USD5,000 – USD9,999)
600
900
HKD80,000 – HKD119,999
(USD10,000 – USD14,999)
1,300
1,900
HKD120,000 – HKD299,999
(USD15,000 – USD37,499)
2,100
2,900
HKD300,000 – HKD499,999
(USD37,500 – USD62,499)
2,100
2,900
HKD3,000
Broadway Gift Vouchers
HKD500,000 – HKD999,999
(USD62,500 – USD124,999)
2,100
2,900
HKD6,000
Broadway Gift Vouchers
HKD1,000,000 or above
(USD125,000 or above)
2,100
2,900
HKD12,000
Broadway Gift Vouchers
Refundable Cancer Protection
Life Insurance Plan
HKD10,000 – HKD19,999
150
Not Applicable
HKD20,000 – HKD29,999

450

HKD30,000 or above
750
Jade Global Select Universal Life Plan
USD/AUD199,999 or below
Not Applicable
"Good Wealth & Luck"
Ornament -Standard Version
(app. 160mm in height)
USD/AUD200,000 or above
"Good Wealth & Luck"
Ornament -Jumbo Version
(app. 250mm in height)


Remarks:
(1)
Designated Life Insurance Plans include Target Income Life Insurance Plan, Monthly Education Fund Insurance Plan, Treasure Life Insurance Plan, MediCash Lifetime Insurance Plan, Critical Illness Life Insurance Plan, Leisure Life Insurance Plan, Refundable Cancer Protection Life Insurance Plan and Jade Global Select Universal Life Plan (“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 / Broadway Gift Vouchers (if applicable) will be determined by multiplying the monthly premium payment by 12. If customers enrol in 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 enrol in Jade Global Select Universal Life Plan with annualized premium payments for a designated number of years, their eligibility will be determined by multiplying the annualized premium payment by 5.

Click here
for terms and Conditions

Target Income Life Insurance Plan, Monthly Education Fund Insurance Plan, Treasure Life Insurance Plan, MediCash Lifetime Insurance Plan, Critical Illness Life Insurance Plan, Leisure Life Insurance Plan and Refundable Cancer Protection 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 is 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.

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.