Low cost VHIS - medical coverage options at below HK$6000 a year (Updated Mar 2022) (Chinese Article)
新冠肺炎讓港人健康意識抬頭，附加扣稅功能的自願醫保（VHIS）更 ... >>
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Medical Insurance mainly covers the hospitalisation costs incurred on a cost reimbursement basis. The policy is renewed annually with premium based on attained age of the insured. Most products have coverage limits on certain cost categories, while some products are based on “full coverage” structure. We compare the products based on the coverage ratios under different common medical scenarios, the medical expenses of which are adjusted accordingly based on the room type (ward/ semi-private/ private room) admitted at a Hong Kong private hospital.
Below are the 3 types of medical insurance:
Below are the 3 types of medical insurance:
- Voluntary Health Insurance Scheme (VHIS): The VHIS policyholder can enjoy tax deductions on premium paid. The VHIS Standard plan is based on the minimum standards prescribed by the government. The VHIS Flexi plan is built upon the Standard plan by providing higher coverage through higher benefit limits or adding supplementary major medical coverage.
- Medical Insurance: It covers medical expenses for various ward classes and different geographical regions such as Asia, Global excluding US.
- International Medical Insurance: It covers medical expenses globally. Most of the plans offer "full coverage" on most individual medical expense categories with an overall annual limit. Designed for people who prefer the best-in-class medical services in private hospitals.
We found Voluntary Health Insurance Scheme product(s) matching your selected filters.
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Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 100.0% | 6 | $11,485$8,040# | $12,922 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 100.0% | 6 | $11,783$10,605# | $14,137 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Limited offer
Apply on or before 31 January 2023 to get discounts worth up to 50% of first-year premiums!
Product Highlights
- Annual benefit limit up to HK$25 million per year Treatment expenses include lung disease, cirrhosis, stroke & prescribed diagnostic imaging tests (e.g. MRI and CT scans)
- Full cover for all eligible cancer surgery expenses and treatments Such as chemotherapy or targeted therapy and all related outpatient expenses within 90 days before and 365 days after confinement or day case procedure
- 4 deductible options are available. Deductible for related treatments will be waived if you’re diagnosed with cancer
- Supplementary Critical Illness Benefit cover up to 98% critical illness Including cancer, heart attack, stroke. Extra living expenses up to HK$3,300,000
Promotion Offer
- Apply on or before 31 January 2023 to get discounts worth up to 50% of first-year premiums!
From now to 31 January 2023 (both dates inclusive), get discounts worth up to 50% of first-year premiums. Enrol with deductible option of the first policy year with $0 or $12,000; Premium paid on an annual basis for the first 3 policy years; The eligible premium discount in the second policy year will be offered to new customer provided that no claim under the certified plan is paid or payable during the first policy year. The eligible premium discount in the third policy year will be offered to new customer provided that no claim under the certified plan is paid or payable during the first and second policy years.
*The Eligible Scheme must come into effect on 1 February 2023 with annual premium payment paid.
Relevant Information
Terms and conditions apply. Please refer to the product leaflet and product provision for details.
#Premium is calculated after welcome discount for the first year premium.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 100.0% | 6 | $13,918 | $15,010 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Semi-PrivateVHIS Flexi$0 DeductibleGlobal-ex-US
| 10.0/10 | 100.0% | 6 | $13,244 | $15,890 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Semi-PrivateVHIS Flexi$0 DeductibleGlobal
| 10.0/10 | 100.0% | 6 | $18,624$13,037# | $20,954 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 100.0% | 4 | $15,448 | $16,592 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 100.0% | 3 | $12,275 | $13,390 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Limited offer
Once you successfully apply for a new basic plan/supplement of AXA WiseGuard Pro Medical Insurance Plan1 and satisfy other applicable requirements, you may enjoy up to 12 months’ premium refund%!
Product Highlights
- Full cover^ for hospitalisation and surgical benefits
- Full cover+ for prescribed non-surgical cancer treatments and outpatient kidney dialysis
- No waiting period for unknown pre-existing conditions
- No claim discount* up to 15%
- Free second medical opinion~, >
% For details, please refer to the promotional webpage from the insurance company or the terms and conditions related to AXA WiseGuard Pro Medical Insurance Plan stated in this webpage. For product details of AXA WiseGuard Pro Medical Insurance Plan, please refer to the relevant proposals, product brochures and policy contracts. ^ Full cover shall mean the actual amount of eligible expenses and other expenses charged after deducting the remaining deductible (if any), and is subject to the annual benefit limit and other conditions as stated in the product brochure and the policy contract. Psychiatric treatments and medical implants are excluded from full cover benefit. Further details of the terms, conditions, exclusions and limitations are provided in the policy contract. ⁺ Full cover of prescribed non-surgical cancer treatments and outpatient kidney dialysis are subject to the annual benefit limit, deductible (if any) and other conditions as stated in the product brochure and the policy contract. Further details of the terms, conditions, exclusions and limitations are provided in the policy contract. * If after a no claim discount has been deducted, a claim incurred in respect of previous 5 policy years is paid under AXA WiseGuard Pro Medical Insurance Plan, the no claim discount shall be re-calculated by taking into account the relevant claim paid, and the policy holder shall return to the Company the difference between the recalculated amount and the no claim discount actually paid to the policy holder immediately upon the Company’s reasonable request. For the avoidance of doubt, if a claim was incurred but no benefit was paid by reason of the deductible, the policy year concerned will still not be counted in the claim-free period. For details, please refer to the policy contract. ~ The (a) medical service providers providing the second medical opinion and (b) network doctors and network healthcare facilities providing medical services, are, respectively, independent contractors and are not agents or servants of AXA. AXA shall (i) not be held responsible for or liable to the policy holder or any of the insured person for anything in relation to such medical opinion given by the medical service providers and hospitals; and (ii) not have any obligation or liability whatsoever in relation to the medical services provided by the network doctors and the network healthcare facilities, and shall not be responsible for or liable to any act or failure to act on the part of the network doctors and network healthcare facilities. AXA reserves the right to amend the terms and conditions thereof from time to time without prior notice. > Please refer to the policy holder guide map for details of the additional services and procedure, which will be provided to you together with the policy contract after your policy takes effect. Please note that the terms of the services and procedures in relation to these additional services can be amended by AXA from time to time without prior notice.
AXA “Combo Rewards” Programme – Promotion offer
- From 1 January 2023 to 31 March 2023, once you successfully apply for a new basic plan/supplement of AXA WiseGuard Pro Medical Insurance Plan1 and satisfy other applicable requirements, you may enjoy up to 12 months’ premium refund%!
Relevant Information
Please click here to browse Promotional webpage from the insurance company. Relevant Terms and Conditions
1) AXA “Combo Rewards” Programme (the “Promotion”) is offered by AXA China Region Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability) / AXA China Region Insurance Company Limited / AXA General Insurance Hong Kong Limited (collectively “AXA”), from 1 January 2023 to 31 March 2023, both dates inclusive (the “Promotion Period”), subject to the following terms and conditions.
Reward 1A - AXA WiseGuard Pro Medical Insurance Plan + MediEnhancer Supplement + IncomeEnrich Deferred Annuity Plan Premium Refund
1) The Reward 1A (as defined in clause 2 below) of the Promotion is only applicable if the following requirements are satisfied:
a. During the Promotion Period, customer successfully submits an application for all of the following basic plan / supplement at the same time: (i) a basic plan / supplement of AXA WiseGuard Pro Medical Insurance Plan (“Designated AXA WiseGuard Pro Policy”); (ii) MediEnhancer Supplement associated with Designated AXA WiseGuard Pro Policy; and (iii) a basic plan of IncomeEnrich Deferred Annuity Plan;
b. Such Designated AXA WiseGuard Pro Policy and relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity basic plan mentioned in clause 1a. above must be successfully issued / have its effective date commenced during the period from 1 January 2023 to 31 May 2023, both dates inclusive; and
c. Annual payment mode must be selected for such Designated AXA WiseGuard Pro Policy.
(The Designated AXA WiseGuard Pro Policy satisfying clause 1 above is hereinafter referred to as “Eligible Basic Plan / Eligible Supplement of Reward 1A”)
2) Each Eligible Basic Plan / Eligible Supplement of Reward 1A may be entitled to 12 months’ premium refund on future premium(s), the amount of which is equivalent to 100% of the annualised first year premium (“AFYP”) of the relevant Eligible Basic Plan / Eligible Supplement of Reward 1A (“Reward 1A”) on and in accordance with the following conditions:
a. The AFYP of the Designated AXA WiseGuard Pro Policy is determined based on the benefit level of the policy as at the time the relevant batch of the premium is refunded;
b. If you have changed the benefit level of the Eligible Basic Plan / Eligible Supplement of Reward 1A after policy issuance, the AFYP of the Designated AXA WiseGuard Pro Policy applied in Reward 1A will not be equivalent to the actual amount of total premiums you paid for the first policy year. AFYP of the Designated AXA WiseGuard Pro Policy will be re-calculated based on the benefit level of Eligible Basic Plan / Eligible Supplement of Reward 1A as at the time of the respective batch of premium is refunded;
c. The amount of AFYP of the Designated AXA WiseGuard Pro Policy is calculated by adding the standard premium and premium loading imposed due to underwriting (if any) of the policy. Levy will not be included in the calculation;
d. The calculation of AFYP of the Designated AXA WiseGuard Pro Policy and Reward 1A shall be rounded up to the nearest 2 decimal places according to the policy currency (based on the AXA’s conversion table, if applicable) of the Eligible Basic Plan / Eligible Supplement of Reward 1A; and
Conversion Table - Exchange rate of foreign currencies against HKD
USD1 = HKD8.0
e. Such Eligible Basic Plan / Eligible Supplement of Reward 1A must be in annual payment mode at the time of premium refund. Such Eligible Basic Plan / Eligible Supplement of Reward 1A and relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan at the time of premium refund must be in force at the time of the premium refund and all premiums due since policy effective date must be fully paid at the time of the premium refund, failing which you will not be entitled to Reward 1A. If such Eligible Basic Plan / Eligible Supplement of Reward 1A and relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan shall terminate for whatever reasons before / after the premium refund is fully applied on the policy, any portion of such premium refund not yet applied, and / or the respective reward will be forfeited and cannot be withdrawn or transferred.
3) The premium refund will be given out in batch(es) according to the schedule below:
| Batch of Premium Refund | Premium Refund on Each Eligible Basic Plan /Eligible Supplement of Reward 1A | Release Schedule for Premium Refund |
| 1st batch | 1st - 7th month | By 30 November 2023 |
| 2nd batch | 8th - 12th month | By 30 November 2024 |
4) The policy owner of the Eligible Basic Plan / Eligible Supplement of Reward 1A will receive a notification letter by mail after the relevant batch of premium refund is credited to the future premium deposit account according to the release schedule for premium refund stated above. The notification letter will set out the details of the premium refund. The Reward 1A will then be applied to the premium payments of the next policy year and / or onwards as AXA deems appropriate.
5) The Reward 1A will not be applicable to customers who have purchased the Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement and / or relevant IncomeEnrich Deferred Annuity Plan before the Promotion Period but subsequently cancelled such Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan during its cooling off period and then re-applied for the same Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan during the Promotion Period.
6) Only qualified premiums paid under AXA WiseGuard Pro Medical Insurance Plan and qualified annuity premiums paid under IncomeEnrich Deferred Annuity Plan can be tax deductible. For the purpose of tax deduction, the amount of premium to be refunded by AXA under Reward 1A will not be considered as qualified premiums paid and qualified annuity premiums paid. For details of tax deductions, please refer to the product brochure and the website of the Inland Revenue Department (“IRD”) or to contact the IRD directly for any tax related enquiries.
Reward 1B - AXA WiseGuard Pro Medical Insurance Plan + MediEnhancer Supplement Premium Refund
1) The Reward 1B (as defined in clause 2 below) of the Promotion is only applicable if the following requirements are satisfied:
a. During the Promotion Period, customer successfully submits an application for all of the following basic plan / supplement at the same time: (i) a Designated AXA WiseGuard Pro Policy and (ii) MediEnhancer Supplement associated with Designated AXA WiseGuard Pro Policy;
b. Such Designated AXA WiseGuard Pro Policy and relevant associated MediEnhancer Supplement mentioned in clause 1a. above must be successfully issued / have its effective date commenced during the period from 1 January 2023 to 31 May 2023, both dates inclusive; and
c. Annual payment mode must be selected for such Designated AXA WiseGuard Pro Policy.
(The Designated AXA WiseGuard Pro Policy satisfying clause 1 above is hereinafter referred to as “Eligible Basic Plan / Eligible Supplement of Reward 1B”)
2) Each Eligible Basic Plan / Eligible Supplement of Reward 1B may be entitled to a one-off 7 months’ premium refund on future premium(s), the amount of which is equivalent to 58.33% of the AFYP of the relevant Eligible Basic Plan / Eligible Supplement of Reward 1B (“Reward 1B”) on and in accordance with the following conditions:
a. The AFYP of the Designated AXA WiseGuard Pro Policy is determined based on the benefit level of the policy as at the time the premium is refunded;
b. If you have changed the benefit level of the Eligible Basic Plan / Eligible Supplement of Reward 1B after policy issuance, the AFYP of the Designated AXA WiseGuard Pro Policy applied in Reward 1B will not be equivalent to the actual amount of total premiums you paid for the first policy year. AFYP of the Designated AXA WiseGuard Pro Policy will be re-calculated based on the benefit level of Eligible Basic Plan / Eligible Supplement of Reward 1B as at the time the premium is
refunded;
c. The amount of AFYP of the Designated AXA WiseGuard Pro Policy is calculated by adding the standard premium and premium loading imposed due to underwriting (if any) of the policy. Levy will not be included in the calculation;
d. The calculation of AFYP of the Designated AXA WiseGuard Pro Policy and Reward 1B shall be rounded up to the nearest 2 decimal places according to the policy currency (based on the AXA’s conversion table, if applicable) of the Eligible Basic Plan / Eligible Supplement of Reward 1B; and
Conversion Table - Exchange rate of foreign currencies against HKD
USD1 = HKD8.0
e. Such Eligible Basic Plan / Eligible Supplement of Reward 1B and relevant associated MediEnhancer Supplement must be in annual payment mode at the time of premium refund. Such Eligible Basic Plan / Eligible Supplement of Reward 1B and relevant associated MediEnhancer Supplement at the time of premium refund must be in force at the time of the premium refund and all premiums due since policy effective date must be fully paid at the time of the premium refund, failing which you will not be entitled to Reward 1B. If such Eligible Basic Plan / Eligible Supplement of Reward 1B and relevant associated MediEnhancer Supplement shall terminate for whatever reasons before / after the premium refund is fully applied on the policy, any portion of such premium refund not yet applied, and / or the respective reward will be forfeited and cannot be withdrawn or transferred.
3) The policy owner of the Eligible Basic Plan / Eligible Supplement of Reward 1B will receive a notification letter by mail after the premium refund is credited to the future premium deposit account on or before 30 November 2023 and the notification letter will set out the details of the premium refund. The Reward 1B will then be applied to the premium payments of the second policy year and / or onwards as AXA deems appropriate.
4) The Reward 1B will not be applicable to customers who have purchased the Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement before the Promotion Period but subsequently cancelled such Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement during its cooling off period and then re-applied for the same Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement during the Promotion Period.
5) Only qualified premiums paid under AXA WiseGuard Pro Medical Insurance Plan can be tax deductible. For the purpose of tax deduction, the amount of premium to be refunded by AXA under Reward 1B will not be considered as qualified premiums paid. For details of tax deductions, please refer to the product brochure and the website of the Inland Revenue Department (“IRD”) or to contact the IRD directly for any tax related enquiries.
Reward 1C - AXA WiseGuard Pro Medical Insurance Plan Premium Refund
1) The Reward 1C (as defined in clause 2 below) of the Promotion is only applicable if the following requirements are satisfied:
a. Customers successfully submit the applications for a Designated AXA WiseGuard Pro Policy during the Promotion Period;
b. Such Designated AXA WiseGuard Pro Policy must be successfully issued / have its effective date commenced during the period from 1 January 2023 to 31 May 2023, both dates inclusive; and
c. Annual payment mode must be selected for such Designated AXA WiseGuard Pro Policy.
(The AXA WiseGuard Pro Policy satisfying clause 1 above is hereinafter referred to as "Eligible Basic Plan/Eligible Supplement of Reward 1C")
2) Each Eligible Basic Plan / Eligible Supplement of Reward 1C may be entitled to a one-off 4 months’ premium refund on future premium(s), the amount of which is equivalent to 33.33% of the AFYP of the relevant Eligible Basic Plan / Eligible Supplement of Reward 1C (“Reward 1C”) on and in accordance with the following conditions:
a. The AFYP is determined based on the benefit level of the policy as at the time the premium is refunded;
b. If you have changed the benefit level of the Eligible Basic Plan / Eligible Supplement of Reward 1C after policy issuance, the AFYP applied in Reward 1C will not be equivalent to the actual amount of total premiums you paid for the first policy year. AFYP will be re-calculated based on the benefit level of Eligible Basic Plan / Eligible Supplement of Reward 1C as at the time of premium is refunded;
c. The amount of AFYP is calculated by adding the standard premium and premium loading imposed due to underwriting (if any) of the policy. Levy will not be included in the calculation;
d. The calculation of AFYP and Reward 1C shall be rounded up to the nearest 2 decimal places according to the policy currency (based on the AXA’s conversion table, if applicable) of the Eligible Basic Plan / Eligible Supplement of Reward 1C ; and
Conversion Table - Exchange rate of foreign currencies against HKD
USD1 = HKD8.0
e. The Eligible Basic Plan / Eligible Supplement of Reward 1C must be in force and in annual payment mode at the time of the premium is refunded and all premiums due since policy effective date must be fully paid, failing which you will not be entitled to Reward 1C. If Eligible Basic Plan / Eligible Supplement of Reward 1C shall terminate for whatever reasons before / after the premium refund is fully applied on the policy, any portion of such premium refund not yet applied, and / or the respective reward will be forfeited and cannot be withdrawn or transferred.
3) The policy owner of the Eligible Basic Plan / Eligible Supplement of Reward 1C will receive a notification letter by mail after the premium refund is credited to the future premium deposit account on or before 30 November 2023 and the notification letter will set out the details of the premium refund. The Reward 1C will then be applied to the premium payments of the second policy year and /or onwards as AXA deems appropriate.
4) The Reward 1C will not be applicable to customers who have purchased the Designated AXA WiseGuard Pro Policy before the Promotion Period but subsequently cancelled such Designated AXA WiseGuard Pro Policy during its cooling off period and then re-applied for the same Designated AXA WiseGuard Pro Policy during the Promotion Period.
5) Only qualified premiums paid under AXA WiseGuard Pro Medical Insurance Plan can be tax deductible. For the purpose of tax deduction, the amount of premium to be refunded by AXA under Reward 1C will not be considered as qualified premiums paid. For details of tax deductions, please refer to the product brochure and the website of the Inland Revenue Department (“IRD”) or to contact the IRD directly for any tax related enquiries.
General provisions
1) The premium refund under this Promotion is non-transferable, non-refundable and cannot be exchanged or redeemed for cash under any circumstances. AXA reserves the right to alter or terminate the Promotion (in whole or in part) and / or amend the relevant terms and conditions of the Promotion at any time without prior notice. Any application under the Promotion previously approved will not be affected by subsequent alteration or termination of the Promotion and / or amendments to its terms and conditions. This webpage contains general information only. It does not constitute any offer for a basic plan or supplement (if applicable). For detailed terms, conditions and exclusions of the relevant basic plan and supplement (if applicable), please refer to the relevant proposals, product brochures and policy contracts. The premium refund under this Promotion is not guaranteed. Such application is subject to AXA’s approval. In case of any dispute, the decision of AXA shall be final and conclusive. For details, please refer to the relevant terms and conditions stated in the promotion leaflet.
Notes
1) The words and expressions “insured”, “policy owner” and “supplement” shown in this content shall carry the same meanings as “insured person”, “policy holder” and “rider” (respectively and where applicable) stated in the policy contract of AXA WiseGuard Pro Medical Insurance Plan.
2) The premium refund(s) under the Promotion will form part of the relevant policy contract(s) upon the respective basic plan(s) and / or the supplement(s) (if applicable) being issued, and the requirements of the relevant premium refund(s) under the terms and conditions of the Promotion having been fulfilled.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 100.0% | 1 | $10,701 | $12,267 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 100.0% | 1 | $10,701 | $12,267 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Limited offer
From now to 31 March 2023, successfully enroll to enjoy up to 6-month premium refund
Product Highlights
- Coverage up to HK$30,000,000 per year
- 5 deductible options enable your premium to deliver more bang for the buck
- No sub-limit for each benefit item, and no lifetime limit
- Tax deductions up to HK$8,000 per year per insured person
- Cashless Hospitalization
Promotion offer
- Limited time offer - Enroll now to enjoy up to 6-month premium refund*
Eligible Plans include plans of HK$15,000, HK$25,000 HK$50,000 or HK$75,000 deductible (i.e. plans with HK$0 deductible are excepted) under the following plans, regardless of room type or area of cover: Cigna VHIS Series – Flexi Plan (Superior).
- Promotion till 31 March 2023
Relevant Information
* Terms and conditions apply. Please refer to the product brochure for detailed information.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
Semi-PrivateVHIS Flexi$0 DeductibleAsia
| 10.0/10 | 99.9% | 5 | $12,189$7,110# | $13,084 | |
Medical Coverage Score Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details | Average Coverage Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details | Medical Inflation Protection Medical Inflation Protection means
| Number of Additional Features Based on the coverage of 8 selected additional features. Details | First Year Premium Age 35 male | Avg. Premium Average premium for male age 35 to 44 |
Limited Offer
Successful application with annual payment mode on or before 31 March 2023 can enjoy up to 6-month (1st policy year)+6-month (2nd policy year)*+3-month (3rd policy year)* premium discount+extra 20% premium discount offer
Product Highlights
- Full Cover Up to an Annual Benefit Limit of HKD10 million and a Lifetime Benefit Limit of HKD60 million on medical expenses incurred for hospitalisation and surgery
- Add-on Features Including First-dollar Coverage - Deductible Waived for Designated Crises and 2-year Free Coverage for Newborns^
- Get rewards for staying healthy with your family Individual and Extra No Claims Premium Discount up to a total of 25%
- Tax savings vPrime Medical Plan meets Government's regulatory standards. And if you are a Hong Kong taxpayer, you can claim tax deductions of up to HKD8,000 per insured person for the premium(s) paid for yourself and/or your specified relatives per assessment year@.
Promotion offer
- Limited offer
Successful application with annual payment mode on or before 31 March 2023 can enjoy up to 6-month (1st policy year) + 6-month (2nd policy year) + 3-month (3rd policy year) premium discount + extra 20% premium discount offer (Premium discounts for the 2nd and 3rd policy year are only applicable to HKD100,000 / HKD250,000 Deductible option)
Terms and conditions of the promotion apply. For more detail, please contact your fi¬nancial advisor or call our Service Hotline at 3123 3123.
Relevant Information
The above is FWD-sponsored content with information provided by FWD. 10Life is not authorized by FWD to process and/or provide any insurance-related products and/or services, and shall not provide any opinions or advice on insurance. Readers shall evaluate information herein on their own or seek advice from independent experts. The product information in this website is for reference only and does not contain the full terms and conditions, key product risks and full list of exclusions of the policy. For the details of benefits and key product risks, please refer to the product brochure; and for exact terms and conditions and the full list of exclusions, please refer to the policy provisions of the plan.
vPrime Medical Plan (VHIS Plan Certification Number: F00045) is a Flexi Plan certified by the Hong Kong Special Administrative Region Government under Voluntary Health Insurance Scheme (“VHIS”) and is underwritten by FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability)(VHIS provider registration number is 00036).
*Premium discounts for the 2nd and 3rd policy year are only applicable to HKD100,000 / HKD250,000 Deductible option
^These benefits are not part of the Terms and Benefits of the VHIS Certified Plan - vPrime Medical Plan.
@Tax deduction is subject to the latest rules and regulations of Inland Revenue Department of HKSAR. Applicant can apply a tax deduction for the premium actually paid. Further information on tax concessions applicable to VHIS may be found in IRD’s website at www.ird.gov.hk/eng and VHIS (www.vhis.gov.hk/en/). FWD and the intermediaries do not provide tax advice. You should always consult with a professional tax advisor if you have any doubts.
# Premium is calculated after premium discount for the first year premium.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
We found Voluntary Health Insurance Scheme product(s) matching your selected filters.
Blue Cross | 藍十字保險
Dynasty VHIS Plan
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$11,485$8,040#
Age 35 male
Avg. Premium :
$12,922
Average premium for male age 35 to 44
Bupa | 保柏
Bupa Hero VHIS Plan (Advance)
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$11,783$10,605#
Age 35 male
Avg. Premium :
$14,137
Average premium for male age 35 to 44
Limited offer
Apply on or before 31 January 2023 to get discounts worth up to 50% of first-year premiums!
Product Highlights
- Annual benefit limit up to HK$25 million per year Treatment expenses include lung disease, cirrhosis, stroke & prescribed diagnostic imaging tests (e.g. MRI and CT scans)
- Full cover for all eligible cancer surgery expenses and treatments Such as chemotherapy or targeted therapy and all related outpatient expenses within 90 days before and 365 days after confinement or day case procedure
- 4 deductible options are available. Deductible for related treatments will be waived if you’re diagnosed with cancer
- Supplementary Critical Illness Benefit cover up to 98% critical illness Including cancer, heart attack, stroke. Extra living expenses up to HK$3,300,000
Promotion Offer
- Apply on or before 31 January 2023 to get discounts worth up to 50% of first-year premiums!
From now to 31 January 2023 (both dates inclusive), get discounts worth up to 50% of first-year premiums. Enrol with deductible option of the first policy year with $0 or $12,000; Premium paid on an annual basis for the first 3 policy years; The eligible premium discount in the second policy year will be offered to new customer provided that no claim under the certified plan is paid or payable during the first policy year. The eligible premium discount in the third policy year will be offered to new customer provided that no claim under the certified plan is paid or payable during the first and second policy years.
*The Eligible Scheme must come into effect on 1 February 2023 with annual premium payment paid.
Relevant Information
Terms and conditions apply. Please refer to the product leaflet and product provision for details.
#Premium is calculated after welcome discount for the first year premium.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
Sun Life | 永明
WeHealth Prestige
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$13,918
Age 35 male
Avg. Premium :
$15,010
Average premium for male age 35 to 44
Bupa | 保柏
Bupa Hero VHIS Plan (Advance Pro)
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$13,244
Age 35 male
Avg. Premium :
$15,890
Average premium for male age 35 to 44
Blue Cross | 藍十字保險
Dynasty VHIS Plan
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$18,624$13,037#
Age 35 male
Avg. Premium :
$20,954
Average premium for male age 35 to 44
AIA | 友邦
AIA Voluntary Health Insurance Privilege Plus Scheme
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
4
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$15,448
Age 35 male
Avg. Premium :
$16,592
Average premium for male age 35 to 44
AXA | 安盛
AXA WiseGuard Pro Medical Insurance Plan (Enhance)
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
3
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$12,275
Age 35 male
Avg. Premium :
$13,390
Average premium for male age 35 to 44
Limited offer
Once you successfully apply for a new basic plan/supplement of AXA WiseGuard Pro Medical Insurance Plan1 and satisfy other applicable requirements, you may enjoy up to 12 months’ premium refund%!
Product Highlights
- Full cover^ for hospitalisation and surgical benefits
- Full cover+ for prescribed non-surgical cancer treatments and outpatient kidney dialysis
- No waiting period for unknown pre-existing conditions
- No claim discount* up to 15%
- Free second medical opinion~, >
% For details, please refer to the promotional webpage from the insurance company or the terms and conditions related to AXA WiseGuard Pro Medical Insurance Plan stated in this webpage. For product details of AXA WiseGuard Pro Medical Insurance Plan, please refer to the relevant proposals, product brochures and policy contracts. ^ Full cover shall mean the actual amount of eligible expenses and other expenses charged after deducting the remaining deductible (if any), and is subject to the annual benefit limit and other conditions as stated in the product brochure and the policy contract. Psychiatric treatments and medical implants are excluded from full cover benefit. Further details of the terms, conditions, exclusions and limitations are provided in the policy contract. ⁺ Full cover of prescribed non-surgical cancer treatments and outpatient kidney dialysis are subject to the annual benefit limit, deductible (if any) and other conditions as stated in the product brochure and the policy contract. Further details of the terms, conditions, exclusions and limitations are provided in the policy contract. * If after a no claim discount has been deducted, a claim incurred in respect of previous 5 policy years is paid under AXA WiseGuard Pro Medical Insurance Plan, the no claim discount shall be re-calculated by taking into account the relevant claim paid, and the policy holder shall return to the Company the difference between the recalculated amount and the no claim discount actually paid to the policy holder immediately upon the Company’s reasonable request. For the avoidance of doubt, if a claim was incurred but no benefit was paid by reason of the deductible, the policy year concerned will still not be counted in the claim-free period. For details, please refer to the policy contract. ~ The (a) medical service providers providing the second medical opinion and (b) network doctors and network healthcare facilities providing medical services, are, respectively, independent contractors and are not agents or servants of AXA. AXA shall (i) not be held responsible for or liable to the policy holder or any of the insured person for anything in relation to such medical opinion given by the medical service providers and hospitals; and (ii) not have any obligation or liability whatsoever in relation to the medical services provided by the network doctors and the network healthcare facilities, and shall not be responsible for or liable to any act or failure to act on the part of the network doctors and network healthcare facilities. AXA reserves the right to amend the terms and conditions thereof from time to time without prior notice. > Please refer to the policy holder guide map for details of the additional services and procedure, which will be provided to you together with the policy contract after your policy takes effect. Please note that the terms of the services and procedures in relation to these additional services can be amended by AXA from time to time without prior notice.
AXA “Combo Rewards” Programme – Promotion offer
- From 1 January 2023 to 31 March 2023, once you successfully apply for a new basic plan/supplement of AXA WiseGuard Pro Medical Insurance Plan1 and satisfy other applicable requirements, you may enjoy up to 12 months’ premium refund%!
Relevant Information
Please click here to browse Promotional webpage from the insurance company. Relevant Terms and Conditions
1) AXA “Combo Rewards” Programme (the “Promotion”) is offered by AXA China Region Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability) / AXA China Region Insurance Company Limited / AXA General Insurance Hong Kong Limited (collectively “AXA”), from 1 January 2023 to 31 March 2023, both dates inclusive (the “Promotion Period”), subject to the following terms and conditions.
Reward 1A - AXA WiseGuard Pro Medical Insurance Plan + MediEnhancer Supplement + IncomeEnrich Deferred Annuity Plan Premium Refund
1) The Reward 1A (as defined in clause 2 below) of the Promotion is only applicable if the following requirements are satisfied:
a. During the Promotion Period, customer successfully submits an application for all of the following basic plan / supplement at the same time: (i) a basic plan / supplement of AXA WiseGuard Pro Medical Insurance Plan (“Designated AXA WiseGuard Pro Policy”); (ii) MediEnhancer Supplement associated with Designated AXA WiseGuard Pro Policy; and (iii) a basic plan of IncomeEnrich Deferred Annuity Plan;
b. Such Designated AXA WiseGuard Pro Policy and relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity basic plan mentioned in clause 1a. above must be successfully issued / have its effective date commenced during the period from 1 January 2023 to 31 May 2023, both dates inclusive; and
c. Annual payment mode must be selected for such Designated AXA WiseGuard Pro Policy.
(The Designated AXA WiseGuard Pro Policy satisfying clause 1 above is hereinafter referred to as “Eligible Basic Plan / Eligible Supplement of Reward 1A”)
2) Each Eligible Basic Plan / Eligible Supplement of Reward 1A may be entitled to 12 months’ premium refund on future premium(s), the amount of which is equivalent to 100% of the annualised first year premium (“AFYP”) of the relevant Eligible Basic Plan / Eligible Supplement of Reward 1A (“Reward 1A”) on and in accordance with the following conditions:
a. The AFYP of the Designated AXA WiseGuard Pro Policy is determined based on the benefit level of the policy as at the time the relevant batch of the premium is refunded;
b. If you have changed the benefit level of the Eligible Basic Plan / Eligible Supplement of Reward 1A after policy issuance, the AFYP of the Designated AXA WiseGuard Pro Policy applied in Reward 1A will not be equivalent to the actual amount of total premiums you paid for the first policy year. AFYP of the Designated AXA WiseGuard Pro Policy will be re-calculated based on the benefit level of Eligible Basic Plan / Eligible Supplement of Reward 1A as at the time of the respective batch of premium is refunded;
c. The amount of AFYP of the Designated AXA WiseGuard Pro Policy is calculated by adding the standard premium and premium loading imposed due to underwriting (if any) of the policy. Levy will not be included in the calculation;
d. The calculation of AFYP of the Designated AXA WiseGuard Pro Policy and Reward 1A shall be rounded up to the nearest 2 decimal places according to the policy currency (based on the AXA’s conversion table, if applicable) of the Eligible Basic Plan / Eligible Supplement of Reward 1A; and
Conversion Table - Exchange rate of foreign currencies against HKD
USD1 = HKD8.0
e. Such Eligible Basic Plan / Eligible Supplement of Reward 1A must be in annual payment mode at the time of premium refund. Such Eligible Basic Plan / Eligible Supplement of Reward 1A and relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan at the time of premium refund must be in force at the time of the premium refund and all premiums due since policy effective date must be fully paid at the time of the premium refund, failing which you will not be entitled to Reward 1A. If such Eligible Basic Plan / Eligible Supplement of Reward 1A and relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan shall terminate for whatever reasons before / after the premium refund is fully applied on the policy, any portion of such premium refund not yet applied, and / or the respective reward will be forfeited and cannot be withdrawn or transferred.
3) The premium refund will be given out in batch(es) according to the schedule below:
| Batch of Premium Refund | Premium Refund on Each Eligible Basic Plan /Eligible Supplement of Reward 1A | Release Schedule for Premium Refund |
| 1st batch | 1st - 7th month | By 30 November 2023 |
| 2nd batch | 8th - 12th month | By 30 November 2024 |
4) The policy owner of the Eligible Basic Plan / Eligible Supplement of Reward 1A will receive a notification letter by mail after the relevant batch of premium refund is credited to the future premium deposit account according to the release schedule for premium refund stated above. The notification letter will set out the details of the premium refund. The Reward 1A will then be applied to the premium payments of the next policy year and / or onwards as AXA deems appropriate.
5) The Reward 1A will not be applicable to customers who have purchased the Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement and / or relevant IncomeEnrich Deferred Annuity Plan before the Promotion Period but subsequently cancelled such Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan during its cooling off period and then re-applied for the same Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement and relevant IncomeEnrich Deferred Annuity Plan during the Promotion Period.
6) Only qualified premiums paid under AXA WiseGuard Pro Medical Insurance Plan and qualified annuity premiums paid under IncomeEnrich Deferred Annuity Plan can be tax deductible. For the purpose of tax deduction, the amount of premium to be refunded by AXA under Reward 1A will not be considered as qualified premiums paid and qualified annuity premiums paid. For details of tax deductions, please refer to the product brochure and the website of the Inland Revenue Department (“IRD”) or to contact the IRD directly for any tax related enquiries.
Reward 1B - AXA WiseGuard Pro Medical Insurance Plan + MediEnhancer Supplement Premium Refund
1) The Reward 1B (as defined in clause 2 below) of the Promotion is only applicable if the following requirements are satisfied:
a. During the Promotion Period, customer successfully submits an application for all of the following basic plan / supplement at the same time: (i) a Designated AXA WiseGuard Pro Policy and (ii) MediEnhancer Supplement associated with Designated AXA WiseGuard Pro Policy;
b. Such Designated AXA WiseGuard Pro Policy and relevant associated MediEnhancer Supplement mentioned in clause 1a. above must be successfully issued / have its effective date commenced during the period from 1 January 2023 to 31 May 2023, both dates inclusive; and
c. Annual payment mode must be selected for such Designated AXA WiseGuard Pro Policy.
(The Designated AXA WiseGuard Pro Policy satisfying clause 1 above is hereinafter referred to as “Eligible Basic Plan / Eligible Supplement of Reward 1B”)
2) Each Eligible Basic Plan / Eligible Supplement of Reward 1B may be entitled to a one-off 7 months’ premium refund on future premium(s), the amount of which is equivalent to 58.33% of the AFYP of the relevant Eligible Basic Plan / Eligible Supplement of Reward 1B (“Reward 1B”) on and in accordance with the following conditions:
a. The AFYP of the Designated AXA WiseGuard Pro Policy is determined based on the benefit level of the policy as at the time the premium is refunded;
b. If you have changed the benefit level of the Eligible Basic Plan / Eligible Supplement of Reward 1B after policy issuance, the AFYP of the Designated AXA WiseGuard Pro Policy applied in Reward 1B will not be equivalent to the actual amount of total premiums you paid for the first policy year. AFYP of the Designated AXA WiseGuard Pro Policy will be re-calculated based on the benefit level of Eligible Basic Plan / Eligible Supplement of Reward 1B as at the time the premium is
refunded;
c. The amount of AFYP of the Designated AXA WiseGuard Pro Policy is calculated by adding the standard premium and premium loading imposed due to underwriting (if any) of the policy. Levy will not be included in the calculation;
d. The calculation of AFYP of the Designated AXA WiseGuard Pro Policy and Reward 1B shall be rounded up to the nearest 2 decimal places according to the policy currency (based on the AXA’s conversion table, if applicable) of the Eligible Basic Plan / Eligible Supplement of Reward 1B; and
Conversion Table - Exchange rate of foreign currencies against HKD
USD1 = HKD8.0
e. Such Eligible Basic Plan / Eligible Supplement of Reward 1B and relevant associated MediEnhancer Supplement must be in annual payment mode at the time of premium refund. Such Eligible Basic Plan / Eligible Supplement of Reward 1B and relevant associated MediEnhancer Supplement at the time of premium refund must be in force at the time of the premium refund and all premiums due since policy effective date must be fully paid at the time of the premium refund, failing which you will not be entitled to Reward 1B. If such Eligible Basic Plan / Eligible Supplement of Reward 1B and relevant associated MediEnhancer Supplement shall terminate for whatever reasons before / after the premium refund is fully applied on the policy, any portion of such premium refund not yet applied, and / or the respective reward will be forfeited and cannot be withdrawn or transferred.
3) The policy owner of the Eligible Basic Plan / Eligible Supplement of Reward 1B will receive a notification letter by mail after the premium refund is credited to the future premium deposit account on or before 30 November 2023 and the notification letter will set out the details of the premium refund. The Reward 1B will then be applied to the premium payments of the second policy year and / or onwards as AXA deems appropriate.
4) The Reward 1B will not be applicable to customers who have purchased the Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement before the Promotion Period but subsequently cancelled such Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement during its cooling off period and then re-applied for the same Designated AXA WiseGuard Pro Policy and / or relevant associated MediEnhancer Supplement during the Promotion Period.
5) Only qualified premiums paid under AXA WiseGuard Pro Medical Insurance Plan can be tax deductible. For the purpose of tax deduction, the amount of premium to be refunded by AXA under Reward 1B will not be considered as qualified premiums paid. For details of tax deductions, please refer to the product brochure and the website of the Inland Revenue Department (“IRD”) or to contact the IRD directly for any tax related enquiries.
Reward 1C - AXA WiseGuard Pro Medical Insurance Plan Premium Refund
1) The Reward 1C (as defined in clause 2 below) of the Promotion is only applicable if the following requirements are satisfied:
a. Customers successfully submit the applications for a Designated AXA WiseGuard Pro Policy during the Promotion Period;
b. Such Designated AXA WiseGuard Pro Policy must be successfully issued / have its effective date commenced during the period from 1 January 2023 to 31 May 2023, both dates inclusive; and
c. Annual payment mode must be selected for such Designated AXA WiseGuard Pro Policy.
(The AXA WiseGuard Pro Policy satisfying clause 1 above is hereinafter referred to as "Eligible Basic Plan/Eligible Supplement of Reward 1C")
2) Each Eligible Basic Plan / Eligible Supplement of Reward 1C may be entitled to a one-off 4 months’ premium refund on future premium(s), the amount of which is equivalent to 33.33% of the AFYP of the relevant Eligible Basic Plan / Eligible Supplement of Reward 1C (“Reward 1C”) on and in accordance with the following conditions:
a. The AFYP is determined based on the benefit level of the policy as at the time the premium is refunded;
b. If you have changed the benefit level of the Eligible Basic Plan / Eligible Supplement of Reward 1C after policy issuance, the AFYP applied in Reward 1C will not be equivalent to the actual amount of total premiums you paid for the first policy year. AFYP will be re-calculated based on the benefit level of Eligible Basic Plan / Eligible Supplement of Reward 1C as at the time of premium is refunded;
c. The amount of AFYP is calculated by adding the standard premium and premium loading imposed due to underwriting (if any) of the policy. Levy will not be included in the calculation;
d. The calculation of AFYP and Reward 1C shall be rounded up to the nearest 2 decimal places according to the policy currency (based on the AXA’s conversion table, if applicable) of the Eligible Basic Plan / Eligible Supplement of Reward 1C ; and
Conversion Table - Exchange rate of foreign currencies against HKD
USD1 = HKD8.0
e. The Eligible Basic Plan / Eligible Supplement of Reward 1C must be in force and in annual payment mode at the time of the premium is refunded and all premiums due since policy effective date must be fully paid, failing which you will not be entitled to Reward 1C. If Eligible Basic Plan / Eligible Supplement of Reward 1C shall terminate for whatever reasons before / after the premium refund is fully applied on the policy, any portion of such premium refund not yet applied, and / or the respective reward will be forfeited and cannot be withdrawn or transferred.
3) The policy owner of the Eligible Basic Plan / Eligible Supplement of Reward 1C will receive a notification letter by mail after the premium refund is credited to the future premium deposit account on or before 30 November 2023 and the notification letter will set out the details of the premium refund. The Reward 1C will then be applied to the premium payments of the second policy year and /or onwards as AXA deems appropriate.
4) The Reward 1C will not be applicable to customers who have purchased the Designated AXA WiseGuard Pro Policy before the Promotion Period but subsequently cancelled such Designated AXA WiseGuard Pro Policy during its cooling off period and then re-applied for the same Designated AXA WiseGuard Pro Policy during the Promotion Period.
5) Only qualified premiums paid under AXA WiseGuard Pro Medical Insurance Plan can be tax deductible. For the purpose of tax deduction, the amount of premium to be refunded by AXA under Reward 1C will not be considered as qualified premiums paid. For details of tax deductions, please refer to the product brochure and the website of the Inland Revenue Department (“IRD”) or to contact the IRD directly for any tax related enquiries.
General provisions
1) The premium refund under this Promotion is non-transferable, non-refundable and cannot be exchanged or redeemed for cash under any circumstances. AXA reserves the right to alter or terminate the Promotion (in whole or in part) and / or amend the relevant terms and conditions of the Promotion at any time without prior notice. Any application under the Promotion previously approved will not be affected by subsequent alteration or termination of the Promotion and / or amendments to its terms and conditions. This webpage contains general information only. It does not constitute any offer for a basic plan or supplement (if applicable). For detailed terms, conditions and exclusions of the relevant basic plan and supplement (if applicable), please refer to the relevant proposals, product brochures and policy contracts. The premium refund under this Promotion is not guaranteed. Such application is subject to AXA’s approval. In case of any dispute, the decision of AXA shall be final and conclusive. For details, please refer to the relevant terms and conditions stated in the promotion leaflet.
Notes
1) The words and expressions “insured”, “policy owner” and “supplement” shown in this content shall carry the same meanings as “insured person”, “policy holder” and “rider” (respectively and where applicable) stated in the policy contract of AXA WiseGuard Pro Medical Insurance Plan.
2) The premium refund(s) under the Promotion will form part of the relevant policy contract(s) upon the respective basic plan(s) and / or the supplement(s) (if applicable) being issued, and the requirements of the relevant premium refund(s) under the terms and conditions of the Promotion having been fulfilled.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
Chubb | 安達人壽
VHIS Series – Flexi Plan (Superior) 1
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
1
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$10,701
Age 35 male
Avg. Premium :
$12,267
Average premium for male age 35 to 44
Cigna | 信諾
Cigna VHIS Series – Flexi Plan (Superior) 1
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
1
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$10,701
Age 35 male
Avg. Premium :
$12,267
Average premium for male age 35 to 44
Limited offer
From now to 31 March 2023, successfully enroll to enjoy up to 6-month premium refund
Product Highlights
- Coverage up to HK$30,000,000 per year
- 5 deductible options enable your premium to deliver more bang for the buck
- No sub-limit for each benefit item, and no lifetime limit
- Tax deductions up to HK$8,000 per year per insured person
- Cashless Hospitalization
Promotion offer
- Limited time offer - Enroll now to enjoy up to 6-month premium refund*
Eligible Plans include plans of HK$15,000, HK$25,000 HK$50,000 or HK$75,000 deductible (i.e. plans with HK$0 deductible are excepted) under the following plans, regardless of room type or area of cover: Cigna VHIS Series – Flexi Plan (Superior).
- Promotion till 31 March 2023
Relevant Information
* Terms and conditions apply. Please refer to the product brochure for detailed information.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
FWD | 富衛
vPrime Medical Plan
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
99.9%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
- No itemised sublimit
- High annual limit
- No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Number of Additional Features :
5
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$12,189$7,110#
Age 35 male
Avg. Premium :
$13,084
Average premium for male age 35 to 44
Limited Offer
Successful application with annual payment mode on or before 31 March 2023 can enjoy up to 6-month (1st policy year)+6-month (2nd policy year)*+3-month (3rd policy year)* premium discount+extra 20% premium discount offer
Product Highlights
- Full Cover Up to an Annual Benefit Limit of HKD10 million and a Lifetime Benefit Limit of HKD60 million on medical expenses incurred for hospitalisation and surgery
- Add-on Features Including First-dollar Coverage - Deductible Waived for Designated Crises and 2-year Free Coverage for Newborns^
- Get rewards for staying healthy with your family Individual and Extra No Claims Premium Discount up to a total of 25%
- Tax savings vPrime Medical Plan meets Government's regulatory standards. And if you are a Hong Kong taxpayer, you can claim tax deductions of up to HKD8,000 per insured person for the premium(s) paid for yourself and/or your specified relatives per assessment year@.
Promotion offer
- Limited offer
Successful application with annual payment mode on or before 31 March 2023 can enjoy up to 6-month (1st policy year) + 6-month (2nd policy year) + 3-month (3rd policy year) premium discount + extra 20% premium discount offer (Premium discounts for the 2nd and 3rd policy year are only applicable to HKD100,000 / HKD250,000 Deductible option)
Terms and conditions of the promotion apply. For more detail, please contact your fi¬nancial advisor or call our Service Hotline at 3123 3123.
Relevant Information
The above is FWD-sponsored content with information provided by FWD. 10Life is not authorized by FWD to process and/or provide any insurance-related products and/or services, and shall not provide any opinions or advice on insurance. Readers shall evaluate information herein on their own or seek advice from independent experts. The product information in this website is for reference only and does not contain the full terms and conditions, key product risks and full list of exclusions of the policy. For the details of benefits and key product risks, please refer to the product brochure; and for exact terms and conditions and the full list of exclusions, please refer to the policy provisions of the plan.
vPrime Medical Plan (VHIS Plan Certification Number: F00045) is a Flexi Plan certified by the Hong Kong Special Administrative Region Government under Voluntary Health Insurance Scheme (“VHIS”) and is underwritten by FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability)(VHIS provider registration number is 00036).
*Premium discounts for the 2nd and 3rd policy year are only applicable to HKD100,000 / HKD250,000 Deductible option
^These benefits are not part of the Terms and Benefits of the VHIS Certified Plan - vPrime Medical Plan.
@Tax deduction is subject to the latest rules and regulations of Inland Revenue Department of HKSAR. Applicant can apply a tax deduction for the premium actually paid. Further information on tax concessions applicable to VHIS may be found in IRD’s website at www.ird.gov.hk/eng and VHIS (www.vhis.gov.hk/en/). FWD and the intermediaries do not provide tax advice. You should always consult with a professional tax advisor if you have any doubts.
# Premium is calculated after premium discount for the first year premium.
The above information is provided by the advertiser to promote its products and services. 10Life Financial Limited is not responsible for any liability, claims and losses arising from or associated with you using the information. 10Life Financial Limited has not verified the information and does not make any warranty, representation or guarantee on the accuracy, completeness and timeliness of the information.
Further Readings
VHIS Frequently Asked Questions
How is VHIS different from traditional medical insurance?
VHIS is a type of medical insurance. Any VHIS product must comply the minimum requirements set by the government, and policyholders can enjoy tax deductions.
What are the requirements of VHIS products?
VHIS products are certified by the Food and Health Bureau (FHB) to comply with the minimum requirements as follows:
- Standardised policy terms and conditions
- Minimum benefit coverage and amounts
- Premium transparency and cooling-off period of 21 days
- No lifetime benefit limit (except for some flexi plans)
- Covers unknown pre-existing conditions
- Covers treatment of congenital conditions
- Covers day case procedures
- Covers prescribed diagnostic imaging tests
- Covers prescribed non-surgical cancer treatments
- Covers psychiatric inpatient treatments in local hospitals
What is the difference between the VHIS Standard plans and Flexi plans?
The terms and benefits of the Standard plan are standardised with prescribed minimum requirements. Hence the Standard plans of different insurance companies are very similar. On the other hand, the Flexi plans are built upon the Standard plan with enhancements in coverage, such as increased limits on specific benefits, or adding additional benefit items.
How does the tax deduction work?
Taxpayers can claim a tax allowance on the VHIS premium paid for themselves and/or their dependants. The maximum allowance on each insurance policy is $8000. The actual tax deduction is calculated by multiplying the insurance premium by the marginal tax rate, with a maximum tax deduction of $1360 on each policy. For more details please refer to this article (Chinese version only)
Is there any restriction on the choice of hospitals and doctors under VHIS?
In general, the insured person under VHIS can use both public and private hospital services, and freely choose any hospitals and doctors. However, additional benefits of some flexi plans may be limited to designated hospitals and doctor networks.
Is the 10Life rating methodology credible?
10Life makes the rating methodology public with transparency and considers factors that matter to consumers. While you can read the methodology to understand the logic behind before comparing the products, you should also understand your own personal needs to see if the medical insurance can meet your needs.
Remarks:
- Any premium displayed excludes insurance levy collected by the Hong Kong Insurance Authority.
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- 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, claims and losses 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.
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