Table of Content

Term Cancer Insurance Scoring Methodology

Term Cancer Insurance Scoring Methodology

Evaluation by professional actuaries to help you identify term cancer insurance with good coverage
Iris Lun
10Life Co-founder and Chief Actuary
1. Overview

Term Cancer Score

Based on the coverage and terms under cancer.

2. Assumptions

  • Male or female life insured age 25/30/35/40/45, non-smoker
  • Sum assured HKD 1,000,000 / HKD 500,000
  • 10 years coverage period


3. Cancer Coverage Score

The Cancer Coverage Score is calculated based on the scope and definition of cancer coverage, where points are deducted for the following unfavourable terms relative to the market:

  • Vague exclusion on Cancer - “Non-life threatening cancers”
  • Exclusion on any top 10 common cancers1 (including colorectum cancer, lung cancer, breast cancer, prostate cancer, liver cancer, stomach cancer, non-melanoma skin cancer, corpus uteri cancer, non-hodgkin lymphoma cancer and thyroid cancer)
  • Exclusion/ low coverage on carcinoma-in-situ (CIS)
  • Deduction from major payout after CIS payout
  • Do not have continuous cancer treatment benefit
  • Any survival period is required after diagnosis


1. Top 10 Cancer (Hong Kong) (Link)


Updated on June 17, 2021 


10Life Product Comparison and 10Life Insurance Ratings are developed by 10Life Financial Limited, an authorised insurance broker company licensed with the Insurance Authority under License Number FB1526. 10Life Product Comparison and 10Life Insurance Ratings are developed for generic customer segments using mathematical calculations based on product information, facts and data, and are not influenced by any partnerships with or fees received from insurance companies.

Any information on 10Life Platform ("10Life Information"), including but not limited to Product Comparison, Product Ratings, Blog Articles are intended for general education purpose and reference only. None of the 10Life Information is intended, nor should they be considered or relied upon, as regulated advice, insurance, financial, investment or professional advice, recommendation, approval, endorsement, invitation or solicitation in respect of any insurance, financial or investment products. 10Life Information does not take into account your individual needs. Reading 10Life Information should not be considered as conducting a suitability assessment, and is not sufficient to form the basis of any decisions to purchase any insurance products. You should rely on information authorised by insurance companies, carry out your own research and/or seek independent advice from licensed intermediaries before purchasing any insurance products or making any insurance decisions. While reasonable effort is used when collecting, validating and updating 10Life Information from various channels, none of 10Life Group and its subsidiaries, affiliates, agents, directors, officers and employees will be responsible for any liability, claim or loss arising from or associated with you using 10Life Information. No warranty, representation or guarantee is given by 10Life Group and its subsidiaries on the accuracy, completeness and timeliness of the information.

If you have any questions on 10Life Product Comparison and 10Life Insurance Ratings, please email us at

WeChat icon
Whatsapp icon
Enquiry icon Close icon