MediCash Lifetime Insurance Plan

Provide comprehensive protection along your journey to wellness

Plan overview

MediCash Lifetime 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"). 

 

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.

Key features

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.

Lifelong medical and life insurance protection to give you and your family extra peace of mind.

Projected policy dividends can be payable every year during the policy term for more financial flexibility.

Once the policy takes effect, the premium will remain level to give you a better control of financial planning

A choice of 3 premium payment terms for you to choose from: 10 years, 15 years or 20 years.

Optional Supplemental Benefits, including: Waiver of Premium on Disability Benefit and Payor’s Benefit.

Remark(s): Please refer to the Product Brochure 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.

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.

Need more help?
Call us (Policy Enquiry)
Other point(s) to note
  1. The MediCash Lifetime 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 the Plan is underwritten by Hang Seng Insurance Company Limited. You have to pay premium to Hang Seng Insurance Company Limited for your application for the 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 the 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. Please refer to the Product Brochure 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.