LifeBetter Critical Illness Life Insurance 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”).
The Plan covers 132 illnesses in different stages and features Multiple Claims Major Illness Benefit, offers additional protection against the top 3 major Critical Illnesses, so that you can plan ahead to cope with the challenges of multiple strikes of critical illnesses, steadily overcome the difficulties and regain control of your life.
The Plan covers 132 illness conditions in different stages (including 60 Critical Illnesses, 58 Early Critical Illnesses and 14 Severe Child Illnesses) and features Multiple Claims Major Illness Benefit to offers additional protection against the top 3 major Critical Illnesses (Cancer, Heart Attack and Stroke).
You can enjoy a maximum of 4 additional claims after the Total Claims Paid reaches 100% of the Sum Insured, subject to the Survival Period, before the Life Insured’s Insurance Age of 85.
During the first 10 Policy Years, the Booster Benefit, which is equal to 60% of the Sum Insured, will be payable together with the Death Benefit or Critical Illness Benefit.
To receive treatment with peace of mind, without having to worry about losing your protection due to arrears of premium payment, the Plan provides several premium waiver benefits:
The Plan provides life protection. In the unfortunate event of the death of the Life Insured when the policy is in force, the designated beneficiary(ies) will be paid a Death Benefit.
Compassionate Death Benefit
The Plan will pay an extra 5% of the Sum Insured as Compassionate Death Benefit to the designated beneficiaries for immediate financial supports.
The Plan includes a Guaranteed Cash Value and a non-guaranteed Special Dividend to help enhance your wealth. Hence, in addition to offering protection against critical illnesses, the Plan can also serve as a long-term family fund.
You can select a payment term of 5, 10, 15 or 20 years according to your own situation. Regardless of the Premium Payment Term, the protection will be valid until Life Insured’s Insurance Age of 99.
|Premium Payment Term
|Life Insured’s Insurance Age at Application
|90 days to age 65
|Up to Life Insured’s Insurance Age 99
|90 days to age 60
|90 days to age 55
|90 days to age 50
Find details on how to submit your claim and more.
You can find all the forms and documents here for our insurance products.