[First step in protecting your family] How can emergency medical cover address urgent needs?

If the family breadwinner develops health problems or is unfortunately injured, this may lead to an inability to work and a loss of income, affecting the family’s financial situation. To safeguard your family’s stability, it is advisable to purchase a suitable medical and hospital cash insurance plan early. When unexpected situations arise, you can enjoy comprehensive medical protection while also easing financial pressure.

Being the financial pillar of a family is no easy task. To shoulder the burden of supporting the household alone means bearing heavy financial pressure, to the point of feeling that one “cannot even afford to fall ill”. China Life (Overseas)’s 「國壽海外」尊尚醫療保險計劃 offers premium health protection, allowing you and your beloved family to enjoy a worry-free life.

The plan fully reimburses major hospitalisation and surgical expenses for standard private room accommodation¹, with coverage extending to treatment before and after discharge, including physiotherapy, speech therapy and occupational therapy, so that patients can also receive support after leaving hospital.

The plan offers three protection regions and five deductible options, enabling policyholders to choose according to their budget and needs. The plan provides guaranteed renewal² and has no lifetime benefit limit³, so policyholders need not worry about medical coverage limits. For those who are the main financial support of the family, should hospitalisation unfortunately occur, medical insurance can reimburse major hospitalisation and surgical expenses, while hospital cash benefits can help offset income loss during time off work, aiming to ensure the family’s daily life is not affected and that you can focus on recovering with peace of mind.

If you take out Plan 2, 3 or 4 (excluding Plans 1 and 5), starting from the second policy anniversary, if no claims⁴ have been made for two consecutive policy years, you may receive a 15% deductible discount at the next policy anniversary. If no claims⁴ are made in each subsequent consecutive policy year, you may receive an additional 5% deductible discount each year, up to a maximum cumulative discount of 100%.

China Life (Overseas) has launched the “SmartPlus Refundable Hospital Income Plan⁵”, which offers three levels of cover to choose from and provides daily hospital cash of up to HK$1,500, helping to ease the financial burden on families and being especially important for the main income earner in a household.

Table: Overview of the SmartPlus Refundable Hospital Income Plan

The “SmartPlus Refundable Hospital Income Plan” provides insured families with cost-effective financial protection. By paying premiums for 5 years, you can enjoy 11 years of cover, and regardless of whether any claims have been made, you may receive a premium refund of up to 100% upon policy maturity as the maturity benefit⁹.

If the insured is unfortunately diagnosed with cancer, there is no need to worry about premiums and cover can continue. The plan offers cancer premium waiver benefit¹⁰; if the insured is first diagnosed with cancer during the policy term, premiums for the next 12 months under the plan will be waived, allowing them to focus on recovery with peace of mind.

Online insurance purchasing is becoming increasingly popular. China Life (Overseas) Online Store is designed to help consumers compare different products and purchase selected products directly online.

Figure 1: Select the suitable product

Figure 2: Provide suitable product options

 Figure 3: Product introduction

Figure 4: Real-time quote

The online store is offering exclusive insurance subscription offers. From now until 31 December 2023 (the “Promotion Period”), customers who successfully apply via the China Life (Overseas) Online Store for 「國壽海外」尊尚醫療保險計劃 with an annual premium of HK$3,388 or above, or successfully apply for 「倍守護保費回贈住院現金保障計劃」, will receive a one-year membership of the one-stop medical service platform 「醫加」^*尊享計劃 (valued at HK$299) and a HK$100 supermarket voucher^11,12. In addition, customers who take out 「國壽海外」尊尚醫療保險計劃 during the Promotion Period can enjoy 20% off the first-year premium^# (annual payment only). Offers are limited and available while stocks last.

*「醫加」 is a medical benefits membership programme, and not an insurance product. Terms and conditions apply. 「醫加」 offers a wide range of medical service discounts, and members can enjoy discounted rates on outpatient consultations, health checks and vaccination services, among others. For details, please visit: https://bit.ly/47LThAK

# The first-year premium discount offer is subject to terms and conditions. Please visit this page for details before applying: https://bit.ly/44wUtVM 

Note:
1. Standard private room refers to a private room occupied by the insured person alone during hospitalisation, with a separate bedroom, toilet and bathroom. It does not include higher-tier rooms with a guest room, visitor’s toilet, kitchen, dining room or living room. “Standard private room” does not include any “deluxe room”, “suite”, “executive room” or other upgraded ward or equivalent room.
2. China Life (Overseas) reserves the right to review the premium rate at each policy anniversary and to adjust the terms and conditions and/or benefits of the policy from time to time. If we decide to cease offering this plan, we will endeavour to provide the insured person with another medical plan available at that time.
3. The “China Life Overseas” Premier Medical Insurance Plan has an annual maximum benefit limit; please refer to the “Schedule of Benefits” in the product brochure for details.
4. Benefits payable for hospital cash benefit, substandard ward cash benefit, outpatient surgery fee and outpatient surgery cash subsidy are excluded. (Not applicable to Plans 1 and 5)
5. Each insured person may only hold one in-force Beishu Hu Duo Premium Cashback Hospital Cash Plan.
6. Plan 3 is only applicable to insured persons who are employed.
7. If the hospital admitted to is not located in the places listed in the brochure of Beishu Hu Duo Premium Cashback Hospital Cash Plan, the benefit amounts for the daily hospital cash benefit/intensive care hospital extra cash benefit/accident hospital extra cash benefit/infectious disease hospital extra cash benefit/extended care allowance (if applicable) will be reduced by half. In addition, the maximum number of days payable under the daily hospital cash benefit is capped at 30 days per hospitalisation.
8. Convalescent homes, nursing centres, homes for the elderly, drug abuse or alcohol rehabilitation centres (including similar departments within hospitals) are not included in the definition of “hospital”. If hospitalised in the People’s Republic of China, the hospital admitted to must be a Class 3 Grade A hospital determined by the National Health and Family Planning Commission of the People’s Republic of China, or a hospital listed in the “designated hospitals in China” published from time to time on our website. For the list of designated hospitals in China, please refer to China Life (Overseas) website www.chinalife.com.hk/customerservice/hospitals-in-china. China Life (Overseas) has the right to make any amendments or changes to the list of designated hospitals in China at its sole discretion from time to time.
9. Whether or not a claim has been made, a premium rebate as a maturity benefit may be received upon premium maturity, in an amount equal to 100% of the accumulated premiums due and paid, subject to deduction of any unpaid premiums (if applicable) and all policy liabilities (if any), and the policy will then be terminated.
10. China Life (Overseas) will waive the premiums of the Beishu Hu Duo Premium Cashback Hospital Cash Plan from the first policy monthiversary after the date of the insured person’s cancer diagnosis, until the earliest of the following events: (a) China Life (Overseas) has waived 12 months’ premiums under this plan for this cancer under the Premium Waiver Benefit; (b) the premium payment term maturity date is reached; (c) the insured person’s death; or (d) the date the policy terminates for any reason.
11. The “Yi Jia” Privilege Plan membership and supermarket cash coupons cannot be exchanged for cash or products or offers of equivalent value. Lost/deleted supermarket cash coupons, or coupons not used after the expiry date, will not be reissued, and any additional fees incurred in using electronic cash coupons shall be borne by the user.
12. If supermarket cash coupons cannot be provided due to circumstances beyond control, China Life (Overseas) reserves the right to substitute them with gifts of equivalent value. China Life (Overseas) is not the supplier of the supermarket cash coupons and therefore shall not be liable for any responsibility in relation to any product or service. Any responsibility in relation to such products or services rests solely with the supplier.
The products and offers are subject to terms and conditions. The insurance plan contains product risks and exclusions; please refer to the relevant product brochure, policy provisions and leaflet for details. The above information is for reference only. The detailed terms, conditions and exclusions of this plan are subject to the relevant insurance contract.

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.