Refundable Accident Protection Life Insurance Plan

Provides the Life Insured with an accidental protection for 15 years and 100% refund of the total premiums paid upon maturity.

Plan overview

A life without any hiccup is what everybody wants. In the unfortunate event of an accident, you may need to pay a heavy bill for medical and other expenses. This may mess up your financial plan, and may take a toll on your family’s daily life as well. Refundable Accident Protection Life Insurance Plan specially offered to selected customers of Hang Seng Bank, and provides the Life Insured with an accidental protection for 15 years.

 

In addition, a 100% refund of the total premiums paid is payable upon maturity if the policy remains in force, irrespective of any claim made under the Plan.

Key features

100% refund of the total premiums paid will be payable upon policy maturity if the policy remains in force, even if any claim has been made on the Accidental Disability and Dismemberment Benefit (provided that the total claim amount is less than 100% of the benefit amount), Accidental Medical Expense Benefit or Accidental Fracture Cash Benefit.

Up to HKD800,000 will be payable in accordance with the Benefit Schedule, in the unfortunate event of the Insured Person’s death, disability or dismemberment caused by an accident.

If such accident happens while the Life Insured is riding as a fare paying passenger on any public common carrier, the Accidental Death Benefit or Accidental Disability and Dismemberment Benefit payable will be doubled, subject to a maximum of HKD1,600,000.

If the Life Insured sustains any injury due to an accident and requires medically necessary treatments or services, including surgery, x-ray, chiropractic and physiotherapy, the actual expenses paid will be reimbursed under the Plan.

Only open for enrolment by selected customers, without any requirement for medical proof or medical checkup at all.

The Insured Person will enjoy protection against accidents for 15 years upon payment of premiums for only 10 years.

Remark(s): Please refer to the Product Brochure for detailed terms and conditions and exclusions.

Make a claim
Claim procedures

Find details on how to submit your claim and more.

Download form

You can find all the forms and documents here for our insurance products.

Useful Information
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Other point(s) to note
  1. The Refundable Accident Protection Life Insurance Plan (“the 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.
  2. 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.
  3. 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.
  4. 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.
  5. This Plan is exclusively offered to selected Hang Seng Bank customers only. For details, please call (852) 2998 8080.