Pacific Life
The Pacific Life Assurance Co., Ltd. ('Pacific Life') was established in Hong Kong in 1960 and it is proud to be a local company growing together with Hong Kong. Pacific Life has a very strong back-up as a wholly owned subsidiary of The Pacific Insurance Co., Ltd. which has long been an active and prudent player in general insurance business with good reputation in Hong Kong. Pacific Life has fully committed to render quality life insurance services to the general public and has been focusing in providing a comprehensive range of life insurance products distributed through a strong network of insurance intermediaries to meet the diversified needs of the market. |
Maximum protection for a low premium
ALWAYS TERM puts you and your loved ones at ease
The premium rate of life insurance products is usually calculated using a very simple formula, by grouping the insured according to their gender, age and whether they smoke.
ALWAYS TERM takes a more fair-principled approach by sub-categorizing the insured according to their health conditions. In other words, you are offered the best deal customized premium rate based on your current health status. The healthier you are, the lower the premium you need to pay.
In addition to giving the insured a free medical check-up worth over a thousand dollars, ALWAYS TERM also provides free protection covering accidental dismemberment (including blindness and loss of hearing). With ALWAYS TERM, you can rest assured you get comprehensive protection for a low premium.
Issue Age | : | Age 18 to 75 |
Benefit | : | Until Guaranteed Level Premium Period ends |
Minimum Sum Insured | : | HK$750,000 |
PRODUCT FEATURES
Guaranteed Level Premium
ALWAYS TERM lets you select from 5 different "Guaranteed Level Premium Periods". Once insured, we guarantee that your premium level will remain unchanged and that your policy can be automatically renewed during your "Guaranteed Level Premium Period" - even if your health has deteriorated or your health risks have increased.
Issue Age |
Guaranteed Level Premium Period Available |
||||||
18 - 40 |
10 |
15 |
20 |
30 |
40 |
Years |
|
18 - 50 |
10 |
15 |
20 |
30 |
Years |
||
18 - 65 |
10 |
15 |
20 |
Years |
|||
18 - 70 |
10 |
15 |
Years |
||||
18 - 75 |
10 |
Years |
Low Premium for Life Protection
ALWAYS TERM's unique sub-categorization according to your health status ensures that the healthier you are, the lower your premium, so you can enjoy a high sum protection for a remarkably low price. Besides, customers requesting for a higher sum protection can enjoy greater premium discounts. So in other words the greater your protection, the more value for money you get for your premium.
Example (to be insured now at the sum of HK$2,000,000)
Male (Non Smoker - Preferred) |
||||||
Guaranteed Level Premium Period |
Age 25 |
Age 35 |
Age 45 |
|||
Annual Premium |
Monthly Premium |
Annual Premium |
Monthly Premium |
Annual Premium |
Monthly Premium |
|
10 Years |
1,420 |
132 |
2,180 |
203 |
4,740 |
441 |
15 Years |
1,440 |
134 |
2,400 |
223 |
5,560 |
517 |
20 Years |
1,500 |
140 |
2,780 |
259 |
6,780 |
631 |
30 Years |
1,940 |
181 |
4,220 |
393 |
11,540 |
1,074 |
40 Years |
2,900 |
270 |
6,580 |
612 |
NA* |
NA* |
Female (Non Smoker - Preferred) |
||||||
Guaranteed Level Premium Period |
Age 25 |
Age 35 |
Age 45 |
|||
Annual Premium |
Monthly Premium |
Annual Premium |
Monthly Premium |
Annual Premium |
Monthly Premium |
|
10 Years |
1,160 |
108 |
1,860 |
173 |
3,780 |
352 |
15 Years |
1,300 |
121 |
2,160 |
201 |
4,360 |
406 |
20 Years |
1,360 |
127 |
2,400 |
223 |
4,880 |
454 |
30 Years |
1,700 |
158 |
3,140 |
292 |
8,220 |
765 |
40 Years |
2,220 |
207 |
4,700 |
437 |
NA* |
NA* |
The premiums above are in HKD and are provided for reference only. Please consult your insurance intermediary for details.
*Not Applicable
FREE BENEFITS
Accidental Dismemberment Benefit
ALWAYS TERM provides free cover of accidental dismemberment (including blindness and loss of hearing) of an amount up to HK$ 1,500,000(1).
Terminal Illness Benefit
If you are diagnosed with terminal illness, we will advance 50% of your basic death benefit to you to help alleviate your financial burden. The other 50% will remain in your life insurance protection sum.
Waiver of Premium Benefit
If you become permanently disabled from an accident or illness before the age of 60, your premium will be waived until you reach the age of 60 or until your guaranteed level premium period ends (whichever is the earlier).
24-hour Worldwide Emergency Assistance Service
Enjoy our free value-added service when you travel abroad: 24-hour Worldwide Emergency Assistance Services provided by International SOS. This service includes medical evacuation, repatriation to the country of residence, repatriation of mortal remains or ashes etc.
-----------------------------------------------------------------------------------------------------------------------------
(1) Maximum claim payable is equivalent to the sum insured, subject to a limit of HKD 1,500,000.
Interested? Contact Mr Robin Brown robin.brown@navigator-insurance.com tel +852 2530 2530 or Ms Romi Gill romi.gill@navigator-insurance.com
Covered the Unexpected
Life is unpredictable. If you are suffering from a critical illness, loss of income, expensive medical and living expenses will burden you and your family. Multi Critical Illness Protection can bring you a comprehensive protection against dread diseases with affordable premium(1). For specific Cancers(2), we will provide additional support so that you can fight off the illnesses more effectively. In addition, free life insurance coverage and online medical consultation services provide extra protection and support for you and your beloved. Meanwhile, we understand that you may face more than one challenge, and more support will be needed when you face difficulties again. Therefore, if the insured person unfortunately once again suffers from a critical illness, the amount of protection will be automatically increased. This will provide you with protection up to 5 critical illness claims(3), in a total of 700% sum assured.
Issue Age:
Plan 1:Age 0-64
Plan 2:Age 0-59
Benefit Period:
Plan 1:up to age 79
Plan 2:up to age 64
Sum Insured:range from HK$250,000 to HK$2,000,000
Product Features
55 Dread Diseases and 40 Early Stage Dread Diseases
If the insured unfortunately suffers from a Dread Disease listed below after the policy has been in effect for 90 days, the policyowner will receive 100% of the Dread Disease sum assured(4)(5). In the case that the insured suffers from an Early Stage Dread Disease listed below, the policyowner will receive 25% of the Dread Disease sum assured or HK$240,000 or US$30,000 for one time(5), whichever is lower.
Dread Disease | Early Stage Dread Disease |
Cancer | |
1. Cancer(2) | 1. Carcinoma-in-situ of Specific Organs Treated with Surgery |
Neurological Diseases | |
2. Stroke | 2. Carotid Artery Surgery |
3. Amyotrophic Lateral Sclerosis | 3. Early Amyotrophic Lateral Sclerosis |
4. Progressive Bulbar Palsy | 4. Early Progressive Bulbar Palsy |
5. Progressive Muscular Atrophy | 5. Early Progressive Muscular Atrophy |
6. Multiple Sclerosis | 6. Early Multiple Sclerosis |
7. Parkinson's Disease | 7. Moderately Severe Parkinson's Disease |
8. Benign Brain Tumor | 8. Surgical Removal of Pituitary Tumor |
9. Encephalitis | 9. Moderately Severe Encephalitis |
10. Alzheimer's Disease | 10. Moderately Severe Alzheimer's Disease |
11. Bacterial Meningitis | 11. Moderately Severe Bacterial Meningitis |
12. Muscular Dystrophy | 12. Moderately Severe Muscular Dystrophy |
13. Paralysis | 13. Moderately Severe Paralysis |
14. Blindness | 14. Optic Nerve Atrophy with Low Vision |
15. Loss of Hearing | 15. Cochlear Implant Surgery |
16. Poliomyelitis | 16. Moderately Severe Poliomyelitis |
17. Major Head Trauma | 17. Facial Reconstructive Surgery for Injury due to Accident |
18. Spinal Muscular Atrophy | |
19. Primary Lateral Sclerosis | |
20. Creutzfeld-Jacob Disease | |
21. Myasthenia Gravis | |
22. Apallic Syndrome (Vegetative State) | 18. Surgery for Subdural Haematoma |
23. Coma | 19. Coma for 72 Hours |
Cardiovascular Diseases | |
24. Myocardial Infarction (Heart Attack) | 20. Pericardiectomy |
25. Coronary Artery Bypass Surgery | 21. Keyhole Coronary Bypass Surgery |
26. Heart Valve Surgery | 22. Percutaneous Valve Surgery |
27. Surgery to Aorta | 23. Minimally Invasive Surgery to Aorta |
28. Cardiomyopathy | 24. Early Cardiomyopathy |
29. Pulmonary Arterial Hypertension | 25. Moderately Severe Pulmonary Hypertension |
30. Other Serious Coronary Artery Disease | |
31. Infective Endocarditis | |
Organ Diseases | |
32. Kidney Failure | 26. Early Renal Failure |
33. Major Organ Transplantation | 27. Major Organ Transplantation (On Waitlist) |
34. End Stage Liver Disease | 28. Liver Surgery |
35. Chronic Relapsing Pancreatitis | 29. Acute Necrohemorrhagic Pancreatitis |
36. End Stage Lung Disease | 30. Surgical Removal of One Lung |
37. Medullary Cystic Disease | 31. Surgical Removal of One Kidney |
38. Fulminant Viral Hepatitis | 32. Biliary Tract Reconstruction Surgery |
39. Aplastic Anaemia | 33. Less Severe Aplastic Anaemia |
40. Bone Marrow Transplantation | |
41. Progressive Scleroderma | |
Others | |
42. Loss of Two Limbs | 34. Severance of One Limb |
43. Loss of Speech | 35. Loss of Speech due to Vocal Cord Paralysis |
44. Severe Rheumatoid Arthritis | 36. Moderately Severe Rheumatoid Arthritis |
45. Major Burns | 37. Moderately Severe Burns |
46. Crohn's Disease | 38. Moderately Severe Crohn's Disease |
47. Ulcerative Colitis | 39. Moderately Severe Ulcerative Colitis |
48. Chronic Adrenal Insufficiency (Addison's Disease) | 40. Adrenalectomy for Adrenal Adenoma |
49. Loss of One Limb and the Sight of One Eye | |
50. Occupationally Acquired HIV | |
51. Pheochromocytoma | |
52. Elephantiasis | |
53. AIDS due to Blood Transfusion | |
54. Ebola | |
55. Necrotising Fasciitis (Flesh Eating Disease) |
Multiple Critical Illness Protection
Multi Critical Illness Protection provides you with protection up to 5 critical illness claims(3)。
Critical Illness | Number of Claims | |
First Critical Illness Claim |
Any Listed Dread Diseases | 1 |
Additional Cancer Protection |
Cancer(2) | 2 additional Cancer claims (including the first claim, up to 3 Cancer claims in total) |
Additional Heart Attack Protection |
Heart Attack | 1 additional Heart Attack claim (including the first claim, up to 2 Heart Attack claims in total) |
Additional Stroke Protection |
Stroke | 1 additional Stroke claim (including the first claim, up to 2 Stroke claims in total) |
Waiver of Premium
The premium of the basic plan will be waived after the first major critical illness claim. In addition, as long as the premium for the rider (if any) continues to be paid, such benefit will continue to be effective.
Special Diseases Benefit
In addition to the above 55 dread diseases and 40 early stage dread diseases, Multi Critical Illness Protection specifically offers coverage for the following special diseases. Except for Severe Asthma and System Lupus Erythematosus which can be claimed once only(6), other Special Diseases Benefit can be claimed twice(7). Benefits payable equal to 15% of the Dread Disease sum assured or HK$240,000 or US$30,000, whichever is lower.
General Angioplasty(8), Severe Asthma | |
Male | Carcinoma-in-situ of Testis, Prostate Cancer (Stage T1c) |
Female | Carcinoma-in-situ of Breast, Cervix Uteri, Uterus, Ovary, Fallopian Tube or Vagina, System Lupus Erythematosus |
Terminal Diseases Benefit
If the insured unfortunately suffers from a Terminal Disease(9)other than the 55 dread diseases, the policyowner will receive 100% of the Dread Disease sum assured(4).
Increment of Protection
To help you face greater challenges, the amount of critical illness protection will increase according to the number of claims, up to a total of 700% of the sum assured.
Claim Number | Claim Amount |
1st | 100% of Sum Assured(4) |
2nd | 110% of Sum Assured |
3rd | 130% of Sum Assured |
4th | 160% of Sum Assured |
5th | 200% of Sum Assured |
Additional Rehabilitation Benefit(10)
Multi Critical Illness Protection provides you with additional support for helping you to enjoy your life after facing critical illness. If the insured is diagnosed with Stroke, Major Burns and Muscular Dystrophy, additional benefit in a total of 12% of the Sum Assured will be split into 6 monthly payments (2% of the Sum Assured each). First payment will be paid on the date of the critical illness claim is paid.
Additional Precision Cancer Treatment Benefit(10)
For fighting off the illnesses more effectively, additional benefit equals to 80% of the actual cost of Precision Treatment for certain Cancer sites listed below as approved by the company (up to HK$ 50,000).
Cancer sites: Breast, Lung, Lymphoma, Colorectum, Liver and Prostate
Free Life Protection
If the insured unfortunately passes away while the policy is in force, the beneficiary under the policy will receive 50% of the Dread Disease coverage(4) as Death Benefit. The benefit will be equal to 100% of the Dread Disease coverage(4) in the event of accidental death.
Exclusive free unlimited online consultation for a second medical opinion(11)
Offered exclusively in Hong Kong, the insured of Multi Critical Illness Protection and his/her immediate family member can get a second medical opinion via free online medical consultation or Cantonese hotline from BEST DOCTORS®, giving you access to over 50,000 medical experts from around the world.
Flexible Plans
Multi Critical Illness Protection provides 2 different plans for you to choose:
Plan 1 Level Premium(1)until age(12) 80
Plan 2 Level Premium(1)until age(12) 65
Example (to be insured now at the sum assured of HK$500,000)
Plan | Male (Non-Smoker) | |||||
Age 30 | Age 40 | Age 50 | ||||
Annual Premium | Monthly Premium | Annual Premium | Monthly Premium | Annual Premium | Monthly Premium | |
Plan 1 | 5,920 | 551 | 9,055 | 842 | 14,495 | 1,348 |
Plan 2 | 4,150 | 386 | 7,510 | 698 | 11,595 | 1,078 |
Plan | Female (Non-Smoker) | |||||
Age 30 | Age 40 | Age 50 | ||||
Annual Premium | Monthly Premium | Annual Premium | Monthly Premium | Annual Premium | Monthly Premium | |
Plan 1 | 5,820 | 541 | 8,525 | 793 | 13,315 | 1,238 |
Plan 2 | 4,070 | 379 | 6,850 | 637 | 10,655 | 991 |
The premiums above are in HK$ and are for reference only. Please consult your insurance intermediary.
Rider Benefits
Various rider benefits could be attached to Multi Critical Illness Protection (e.g. Accidental Death, Accidental Death and Dismemberment). For more details, please consult your insurance intermediary or the Company.
(1) The Company reserves the right to review and adjust the premium.
(2) For Cancer, it covers metastasis or recurrence of a previous cancer or newly diagnosed cancers.
(3) There is a waiting period between each critical illness claim, the waiting period between Cancer claims and Cancer claims is 3 years, and the waiting period between other critical illness claims is 1 year. Early Stage Dread Diseases is not limited to this.
(4) Less any benefit paid (Except for Additional Rehabilitation Benefit and Additional Precision Cancer Treatment Benefit)
(5) Dread Diseases or Early Stage Dread Diseases Benefits will be paid if the insured survives for a period of not less than 30 days following diagnosis of the disease. Otherwise, claims will be paid in accordance to the death benefit provisions.
(6) After the first payment of Special Diseases Benefit for Severe Asthma or System Lupus Erythematosus, the Special Diseases Benefit shall immediately terminate and no further Special Diseases Benefit shall be payable under this Policy.
(7) After the first payment of Special Diseases other than Severe Asthma or System Lupus Erythematosus, only the Special Diseases mentioned above other than Severe Asthma and System Lupus Erythematosus could be claimed once more under this Policy subject to the conditions that (a) the second claim (excluding Angioplasty) must be a Special Disease other than Severe Asthma or System Lupus Erythematosus that is different from the Special Disease of the first claim for which benefit has been paid and (b) above lifetime maximum cap of HK$240,000 or US$30,000 shall be applied towards all claims from all policies issued by the Company in respect of all Special Diseases. After the second payment for Special Diseases Benefit, this Special Diseases Benefit shall immediately terminate and no further Special Diseases Benefit shall be payable under this Policy.
(8) After the first payment of Special Diseases Benefit for Angioplasty, the Special Diseases Benefit for Angioplasty can be claimed once more under this Policy. Above lifetime maximum cap of HK$240,000 or US$30,000 shall be applied towards all claims from all policies issued by the Company in respect of Angioplasty. To be eligible for a second claim under Angioplasty, the treatment must also be performed on a location of stenosis or obstruction in a major coronary artery where no stenosis greater than 70% was identified in the medical examination report relating to the first claim of this illness, for which benefit has been paid. After the second payment for Special Diseases Benefit for Angioplasty, the Special Diseases Benefit shall immediately terminate and no further Special Diseases Benefit for shall be payable under this Policy.
(9) This disease must be determined by a specialist who diagnoses that the insured will highly likely pass away within six months and only alleviating the pain instead of active treatment. This decision must be confirmed by a specialist appointed by the Company.
(10) Each insured person under the Company's entire insurance policy will only receive Additional Rehabilitation Benefit and Additional Precision Cancer Treatment Benefit once.
(11) Medical consultation services is provided by third-party service providers who are solely responsible for their respective services. Pacific Life makes no representation or warranty in relation to the quality or fulfilment of these services. Pacific Life also reserves the right to change the service provider anytime.
(12) Age Next Birthday
Interested? contact Mr Robin Brown robin.brown@navigator-insurance.com tel +852 2530 2530 or Ms Romi Gill romi.gill@navigator-insurance.com