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Insurance & MPF > Life Insurance > MediCash Lifetime Insurance Plan
MediCash Lifetime Insurance Plan
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MediCash Lifetime is a life insurance plan ("The Plan") and is not a bank deposit. It is underwritten by Hang Seng Insurance Company Limited("Hang Seng Insurance"). 

Keeps you in perfect shape and ready for retirement and prior. The Plan provides you an ideal solution for your and your family's well-being. Adequate medical protection may be one of the essential elements for a secure retirement and you have to start planning while you are still young and in good health.

Remark: Please refer to the product leaflet for detailed terms and conditions and exclusions. And please refer to the Notes on Participating Policy for details of dividend philosophy, investment strategy and historical fulfilment ratio of dividend distribution.

 
Features
  • Life and Medical Protection
    Combining life insurance and lifetime medical protection, the Plan can make up for any protection shortfall which may not be fully covered by your current medical plan(s). Also, the Plan can serve as a medical expense reserve to tide you over any hospital and surgical expenses incurred as a result of any accident or illness arising after you have left your company due to resignation, job change or retirement. Projected policy dividends can be payable every year during the policy term.
  • Diversified Lifetime Protection
    Lifelong medical and life insurance protection to give you and your family extra peace of mind.
  • Dividends and Cash Value
    Projected policy dividends can be payable every year during the policy term for more financial flexibility.
  • Fixed Premium
    Once the policy takes effect, the premium will remain level to give you a better control of financial planning.
  • Flexible Payment Term
    A choice of 3 payment terms for you to choose from: 10 years, 15 years or 20 years.
  • Supplemental Benefits
    • Waiver of Premium on Disability Benefit
    • Payor’s Benefit
 

Remark: Please refer to the product brochure for detailed terms and conditions and exclusions.

 
 
Hotline Information
Application Hotline:
  • Life Insurance: (852) 2198 7838
  • Refundable Life Insurance: (852) 2998 8080
  • General Insurance: (852) 2998 9888
  • Medical Insurance (Bupa): (852) 2998 9886

Policy Enquiry Hotline:
  • Life Insurance: (852) 2596 6262
  • Travelsure, Home Care & other General Insurance (QBE): (852) 2828 3138
  • Medical Insurance (Bupa - Essential): (852) 2517 5588
  • Medical Insurance (Bupa - Excel / Global Supreme): (852) 2517 5688
Important Notes

The MediCash Lifetime Insurance Plan is underwritten by Hang Seng Insurance Company Limited, which is authorised and regulated by the Insurance Authority of the HKSAR. Hang Seng Bank is an insurance agent authorised by Hang Seng Insurance Company Limited and the product is a product of Hang Seng Insurance Company Limited, not Hang Seng Bank.

In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between Hang Seng Bank and you out of the selling process or processing of the related insurance product transaction, Hang Seng Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the insurance products should be resolved between Hang Seng Insurance Company Limited and you directly.

The above information is intended as a general summary of information only. Please refer to the actual policy for the exact terms, conditions and exclusions of the Plan.

You understand that this Plan is underwritten by Hang Seng Insurance Company Limited. You have to pay premium to Hang Seng Insurance Company Limited for your application for this Plan. The premium includes various fees and charges such as insurance cost (e.g. cost of death benefit determined formulated according to the mortality rate that is affected by sex and age of the insured person) and policy administration charges, etc. You also understand that Hang Seng Insurance Company Limited will pay commissions and sales incentives to “Hang Seng Bank” for marketing this Plan. The current remuneration system that “Hang Seng Bank” adopts is a measurement of the staff’s overall performance instead of focusing on sales production only.