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Critical Illness Savings Insurance
Putting your heart and mind at ease
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Critical Illness Savings Insurance offers critical illness coverage, life
protection, and return on savings in one single policy, bringing you peace of
mind and helping you achieve your financial goals at the same time.
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| Comprehensive Protection |
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| Life Protection with Savings |
| Critical Illness Savings Insurance provides you with
a guaranteed cash value and special dividend1. In the event of death, a lump
sum2 equivalent to the sum insured plus a special dividend (if any) will be
payable to your beneficiary(ies) to provide immediate financial support.
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| Critical Illness Coverage |
| Upon the first confirmed diagnosis of any one of the
46 critical illnesses covered3 (Appendix I), a lump sum equivalent to the sum
insured plus a special dividend (if any) will be paid to you, so you are
financially equipped to recover from your injury, or fight your illness.
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| Privilege to Restore Life Protection |
| Under this plan, you can enjoy continued life
protection even after you have made a claim for the critical illness benefit.
Our Revival Privilege4 allows you to fully restore your life protection5 within
30 days immediately after one year following your first confirmed diagnosis of
any one of the 46 critical illnesses covered. With this exclusive provision, you
can take out a life policy up to the benefit amount of the original policy
without providing any evidence of insurability. |
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| Free Counselling Service |
| Free counselling service is offered to you or a
loved one from a professional psychologist during the first year following the
first confirmed diagnosis of any one of the critical illnesses covered, helping
you, your spouse, or any one of your immediate family members or beneficiaries
to cope during difficult times. Counselling service is available up to
HK$2,000/US$250 per visit, for a maximum of HK$10,000/US$1,250 per insured.
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| Maturity Benefit Option |
| Upon policy maturity6, you have the option to
withdraw the guaranteed cash value and special dividend (if any) in cash or to
retain the lump sum in the policy to accumulate interest. |
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| Illustration7 |
| Life Insured: 40-year
old non-smoking male |
| Currency: US$ |
| Annual Premium: US$717 |
| Sum Insured: US$20,000 |
| Premium Payment Period: 20 years |
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| Critical Illness/Death
Benefit |
| At Age |
Total
Benefits(US$) |
% of Total
Premium Paid |
| 55 |
21,530 |
200% |
| 70 |
29,380 |
205% |
| 80 |
36,816 |
257% | | |
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| Savings Return
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| At Age |
Total Cash
Value(US$) |
% of Total
Premium Paid |
| 55 |
7,034 |
65% |
| 70 |
22,113 |
154% |
| 80 |
36,816 |
257% | | |
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| 1 |
The special dividend is not guaranteed and is payable upon death of the insured, or payment of the critical illness benefit, or surrender or maturity of the policy. |
| 2 |
The death benefit is payable if no critical illness benefit is payable or has been paid before. |
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The critical illness benefit will be payable for any covered critical illnesses occurring or showing symptoms after 90 days of the policy issue date or the date of approval of the last reinstatement, whichever is later. |
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| The Revival Privilege can be exercised only once before |
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the expiration of the basic policy's premium payment period or |
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the policy anniversary that falls on or immediately after the 65th birthday of the insured , whichever is earlier. |
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The premium of the new life policy is based on the insured’s attained age. If the original policy was initially issued subject to the payment of an extra premium, the new policy will also be subject to the payment of an extra premium, which will be calculated on the same basis as the extra premium for the original policy. |
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The maturity benefit is payable if no death benefit or critical illness benefit is payable on maturity of the policy. |
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All figures are for reference only and may differ slightly from other illustration documents due to rounding differences and the policy currency selected. |
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| Our Promise to Protect Your Best Interests |
| Critical Illness Savings Insurance is an insurance plan with a savings element. Part of the premium pays for the insurance and related costs. If you are not happy with your policy, you have a right to cancel it within the cooling off period and obtain a refund of any premiums paid. A written notice signed by you should be received by BEA Life Limited at 29/F, BEA Tower, Millennium City 5, 418 Kwun Tong Road, Kowloon, Hong Kong within the cooling off period (that is, 21 days after the delivery of the policy or issue of a notice (informing you/your representative about the availability of the policy and expiry date of the cooling off period), whichever is the earlier). After the expiration of the cooling off period, if you cancel the policy before the end of the term, the projected total cash value may be less than the total premium you have paid. |
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The above information is for reference only. Please refer to the policy for the
exact terms and conditions and the full list of policy exclusions. For more
information or a copy of the policy terms and conditions,
please contact our Marketing Officer.
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The Bank of East Asia, Limited is an insurance agent authorised by BEA Life Limited ("BEA Life") and Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross"), members of the BEA Group. BEA Life Insurance Series and General Insurance Series are underwritten by BEA Life and Blue Cross respectively.
This is a redirect webpage hosted by Blue Cross (Asia-Pacific) Insurance Limited.
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