Rest assured to enjoy
Every moment of life with your family
Mortgage Life Protection Plan ("the Plan") is a life insurance plan and is not a bank deposit. It is underwritten by Hang Seng Insurance Company Limited ("Hang Seng Insurance").
Mortgage Life Protection Plan, Shelters Your Family with Peace of Mind. The Plan provides you with comprehensive mortgage protection and safeguards for the peace of mind of you and your family. You and your family will not worry about mortgage repayment in the event of unfortunate circumstances.
If the deed is under joint title, you and your spouse can apply for the Plan jointly to enjoy a 15% premium discount.
In the unfortunate event of death of the Life Insured (sole or joint) caused by an accident or illness, a lump sum benefit will be distributed to the beneficiary(ies) for repaying the mortgage. So your family home can be safeguarded for the peace of mind of you and your loved ones.
The premium will remain level during the policy term to give you more budget certainty. The policy term can vary from 5 to 30 years, based on your outstanding mortgage term.
Free Supplemental Benefits, including: Waiver of Premium on Disability Benefit, Loan Repayment on Disability Benefit, and Unemployment Benefit.
Remark: Please refer to the product brochure for detailed terms and conditions and exclusions.
Find details on how to submit your claim and more.
You can find all the forms and documents here for our insurance products.