5-Year eEndowment Life Insurance Plan

Guaranteed Cash Value up to 114.7%[1] upon maturity

Plan Currency: HKD / USD / RMB

Please note the relevant product risks. The above life insurance plan is underwritten by Hang Seng Insurance Company Limited

Apply for the 5-Year eEndowment Life Insurance Plan with a monthly premium as low as HKD600.

Terms and Conditions apply. Please note the relevant product risks.
Plan overview

5-Year eEndowment Life Insurance Plans – The Choice 5-Year Life Insurance Plan (HKD) / (USD) and ImperialDragon (RMB) Life Insurance Plan are life insurance plans with saving element underwritten by Hang Seng Insurance Company Limited (“Hang Seng Insurance”). These plans are neither bank deposit nor banking saving plan but designed as a short policy term of 5-year life protection and provide a Guaranteed Cash Value upon maturity to help you to achieve your financial goals with greater ease. You no longer have to spend time on the comparison of endowment life insurance plan. Application is easy - simply submit your application online.

Only 3 simple steps to apply online – Quote > Apply > Payment

Key features

The plans provide 3 currency options, enable the Policyholder of endowment life insurance plan to achieve the saving goal by 5 years with 2 years premium payment period at ease.

  • The Choice 5-Year Life Insurance Plan (HKD): With 1st year premium discount, you can enjoy up to 2.5% annualized guaranteed rate of return, with Guaranteed Cash Value of 111.75% of the Total Premiums Paid upon maturity
  • The Choice 5-year Life Insurance Plan (USD): With 1st year premium discount, you can enjoy up to 2.7% annualized guaranteed rate of return , with Guaranteed Cash Value of 112.72% of the Total Premiums Paid upon maturity
  • The ImperialDragon (RMB) Life Insurance Plan : With 1st year premium discount, you can enjoy up to 3.1% annualized guaranteed rate of return , with Guaranteed Cash Value of 114.73% of the Total Premiums Paid upon maturity

A short premium payment period of 2 years with your preferred payment mode (monthly or annual payment mode).

There are 4 choices of premium option to suit your saving plan.

  • Annual mode[2](HKD): $7,200/ $12,000/ $36,000/ $60,000
  • Annual mode[2](USD): $900/ $1,500/ $4,500/ $7,500
  • Annual mode[2](RMB): $36,000/ $60,000/ $120,000/ $180,000
  • Monthly mode (HKD): $600/ $1,000/ $3,000/ $5,000
  • Monthly mode (USD): $75/ $125/ $375/ $625
  • Monthly mode (RMB): $3,000/ $6,000/ $10,000/ $15,000

In the unfortunate event of the death of the Life Insured while the policy is in force, the beneficiary(ies) will receive a lump-sum payment of Guaranteed Death Benefit equal to 101% of the Total Premiums Paid for the Basic Plan as at the date of the death of the Life Insured or 101% of Guaranteed Cash Value (whichever is greater), less indebtedness (if any).

In the unfortunate event of the accidental death of the Life Insured while the policy is in force, in addition to the above Guaranteed Death Benefit, the beneficiary(ies) will receive the Accidental Death Benefit, which equals to 30% of the Total Premiums Paid under the Basic Plan less indebtedness (if any).

Are you worrying that you may need to withdraw your endowment life insurance plan if you are unemployed? Actually, Hang Seng’s endowment life insurance plan provides unemployment benefit. If you are unemployed for at least 30 consecutive days in the unfortunate event of dismissal by reason of redundancy while the Policy is in force, you can apply for temporary suspension of payment of the premium due to a maximum of 365 days from the first premium payment due date after unemployment. Throughout this period, the Life Insured can still enjoy all the benefits as specified in the policy.

5-Year eEndowment Life Insurance Plan (Online Version) is limited offer only. “Hang Seng Insurance” reserves the right to stop online applications of the Plan without prior notice. “Hang Seng Insurance” reserves the right to accept or decline any applications for the Plan based on the information provided by the Life Insured and / or Policyholder during online enrollment.

If you wish to know more such as about product coverage, product risk and exclusions, please read the Product Brochure – The Choice 5-Year Life insurance Plan (HKD) , Product Brochure –The Choice 5-Year Life Insurance Plan (USD) or Product Brochure – ImperialDragon (RMB) Life Insurance Plan .

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Need more help?
Call us (General enquiry)

(852) 2198 7838

Service hours:

Mon to Fri: 9:00am to 5:30pm

Sat: 9:00am to 1:00pm

Call us (Policy enquiry)

(852) 2596 6262

Service hours:

Mon to Fri: 9:00am to 5:45pm

Sat: 9:00am to 1:15pm

Closed on Sunday and Public Holidays

Other point(s) to note
  1. The Choice 5-Year Life Insurance Plan (HKD) / (USD) and ImperialDragon (RMB) Life Insurance Plan are underwritten by Hang Seng Insurance. Hang Seng Insurance is authorised and regulated by the Insurance Authority of the HKSAR. Hang Seng Bank Limited (“Hang Seng Bank”) is an insurance agent authorised by Hang Seng Insurance and the insurance products are products of Hang Seng Insurance but 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 and you directly.
  2. The above information is intended as a general summary of information for reference only. It shall not be construed as an offer to sell or solicitation of an offer or recommendation to purchase or sale or provision of any products of Hang Seng Insurance outside Hong Kong. Please refer to the actual policy for the exact terms, conditions and exclusions of the Plan.
Remark(s)
  1. This is a rate of Guaranteed Cash Value upon maturity of RMB plan in annual payment mode with first year premium discount included. Terms and conditions apply. Limited Quota.
  2. For Annual Mode, there will be within 0.001% difference between the actual premium figures and the quoted premium amount due to rounding up of the system setting.
  3. If integrated account is chosen for payment, the premium will be debited from your current account by Hang Seng Bank.