Critical illness compensation up to 500% + cash allowance up to 240%. Covers over 100 critical illnesses.

Serious illnesses such as cancer, heart disease, and stroke are not only becoming more prevalent among younger individuals, but they also have a higher chance of recurrence. A one-time compensation may not be sufficient to cover the needs of treatment. Additionally, waiting times for treatment in public hospitals are generally long, while the costs at private hospitals are significantly higher. Therefore, securing comprehensive critical illness protection at an early stage is particularly important. In light of this, YF Life 首選健康加護保／愛護保 specifically provides up to 5 claims for cancer, heart disease, or stroke, with a total of up to 500% of the basic sum assured⁹.

Although critical illness poses a significant threat to the health of Hong Kong residents, the penetration rate of critical illness protection remains relatively low. Only about half of the population in Hong Kong has group or individual medical insurance coverage, and among them, less than 30% also have critical illness protection¹⁶. Many people worry that if they never make a claim on their critical illness insurance, they will "lose out" and essentially "pay for nothing." However, 首選健康加護保／愛護保 is different. If you unfortunately fall ill, you can receive compensation. If you remain healthy, the accumulated cash value in the policy becomes a form of wealth. Upon reaching a specified policy term, you can choose to surrender the policy or wait until the policy matures to receive the guaranteed cash value as well as non-guaranteed "terminal bonuses," without any deduction for previously paid compensation amounts. This truly offers a critical illness protection plan that allows for both offensive and defensive strategies.

As for 首選健康愛護保, it is specially designed for babies who are soon to be born. Coverage can be arranged for the child as early as the 22nd week of pregnancy, with protection also provided to the mother during pregnancy¹⁷. Additionally, the child will receive immediate coverage upon birth¹⁸.

*The percentage in the article title refers to the basic coverage amount

1. Data source: Hong Kong Cancer Statistics, Hospital Authority Hong Kong Cancer Registry, 2019.
2. Data source: Health Information, Centre for Health Protection, Department of Health (29 October 2021).
3. Data source: Sing Tao Daily feature article, "Stroke is the Fourth Most Common Cause of Death in Hong Kong" (29 October 2021).
4. Data source: Dr. Chow Pak Chin, former President of the Hong Kong College of Ophthalmologists, "Today is World Sight Day: 60% of Hong Kong Population Has Myopia, Early Eye Check Recommended" (On.cc; 10 October 2019).
5. Data source: Hong Kong 01 feature article, "Myopia Over 600 Degrees Increases Risk of 4 Eye Diseases" (29 February 2020).
6. Data source: Orbis World Sight Day 2020 Glaucoma Survey (conducted from 9 September to 21 September 2020).
7. Applicable to insured persons’ children from 30 days after birth until the day before their 18th birthday, and they must survive at least 14 days from the date of diagnosis. The "Love Sharing" additional child coverage will only provide compensation for a major critical illness for the same insured child once, with a maximum total compensation of HKD 1,000,000.
8. If the plan is PrimeHealth Jr Care, diseases diagnosed within 90 days from the child’s birth or the effective date of coverage (whichever is later) will not be eligible for premium waiver.
9. If the critical illness causing the total compensation to reach 100% of the basic coverage amount is cancer, heart disease, or stroke, the fourth claim under the multiple critical illness coverage will be reduced by any previously paid non-major critical illness compensation. If the advance payment benefit is exercised during the fourth claim under multiple critical illness coverage, the compensation will be 50% of the basic coverage amount, minus 50% of any previously paid non-major critical illness compensation.
10. Applicable to recurrence, metastasis, existing, and new cancers. For insured persons aged 70 or above, if more than one claim is made for prostate cancer and it is a continuation of the previous prostate cancer, the insured must have received or be receiving cancer treatment during the period between the two diagnosis dates (including the first and last day) to be eligible for compensation.
11. To exercise the advance payment benefit, the insured must have received or be receiving cancer treatment or palliative care at least one year after the diagnosis date of the previous major critical illness. The advance payment benefit can only be exercised once. Any compensation paid under the advance payment benefit will be included in the total compensation for multiple critical illness coverage.
12. The insured must submit medical reports every 6 months to prove the existence of cancer and ongoing cancer treatment or palliative care.
13. After each diagnosis of heart disease or stroke and receipt of critical illness coverage or multiple critical illness coverage compensation, the insured is eligible for a cash allowance of up to 12% of the basic coverage amount.
14. Based on similar plans in the Hong Kong and Macau markets as of the publication of the "PrimeHealth Pro / PrimeHealth Jr Care" product brochure by YF Life in January 2022.
15. Compensation is based on the actual cost of sperm cryopreservation/oocyte cryopreservation performed at designated service providers within one year from the cancer diagnosis date, subject to a limit of 10% of the basic coverage amount or HKD 100,000 (whichever is lower). This coverage will automatically terminate one year after the cancer diagnosis date.
16. Data source: Thematic Household Survey Report No. 68, Census and Statistics Department, Hong Kong Government (Publication date: November 2019).
17. Before the child is born, the mother will be the temporary policyholder. Apart from the compassionate premium refund benefit, other benefits of the plan are not applicable.
18. The child’s birth certificate must be submitted within 14 days of the first policy anniversary, or the policy will terminate on the first policy anniversary.
19. The services provided by the international professional medical network are currently offered by International SOS (Asia). The cost for each second medical opinion consultation is HKD 500, and the referral processing fee is USD 500.
20. Subject to relevant terms and conditions. For details, please visit the YF Life website.
21. The information in this article is provided by YF Life for general reference only and does not consider any individual needs or suitability, nor should it be regarded as sales advice. Before purchasing insurance, you should consult a licensed insurance advisor to discuss a suitable insurance plan and refer to the information provided by the insurance company. The product information does not cover all benefits and features of the insurance product. The designated insurance plan is subject to the terms and conditions of the policy. For details on product features, content, terms, conditions, and exclusions, please visit the YF Life website and refer to the relevant product brochure and policy terms.
    This article was last updated on 29 April 2022.

This English version of this article has been generated by machine translation powered by AI. It is provided solely for reference purposes. In the event of any discrepancy or inconsistency between this translation and the original Chinese version, the Chinese version shall prevail.