Life Insurance
Major Insurance Agent Banks:
BOC Group Life Assurance Company LimitedTerm Plan Term Life Insurance Plan
Protection for your loved ones Carefree life for yourself
Are you or have you:
• thebreadwinnerofthefamily?
• justmarriedandberesponsiblefortheprotectionof
yourbeloved?
• alreadysecuredaloanandneedextraprotection?
• Or...
Life is an unpredictable journey. You need to get
preparedfortheprovisionofsufficientfinancialsupport
suchthatyourfamily’s lifewouldnotbeaffectedinthe
eventofmishap.BOCGroupLifeAssuranceCompany
Limited (“BOCLife”)presentsyou the“Term Plan” Term Life Insurance Plan(“thePlan”),whichofferslife
protectionatalowpremium,standbyyoutohelptaking
careofyouandmembersofyourfamily.
LifeProtectionforPeaceofMind
Incasethe Insuredpassesawayduringthecoverage
period,anamountequal to theSum Insuredwillbe
payabletorelievethefinancialburdenofyourfamily.
AffordablePremiumforEasyBudgeting
Youmayenjoyarelativelyhigh lifeprotectioncoverage
ata lowpremiumoutlaycomparingwithotherwhole
life insuranceplans.Forbetter financialarrangement,
premiums remain unchanged during the coverage
period.
GuaranteedRenewable1
At the end of each coverage period, the policy is
guaranteed renewable1 up to the Insured’s age75
withoutmedicalexaminationontheInsuredrequired. If
theapplicantappliesfor1yearcoverage,premiummay
beincreasedaccordingtotheageoftheInsured.Ifthe
applicantappliesfor5-yearcoverage,premiumsremain
unchangedduringthe5-yearcoverageperiod.Premium
willbecalculatedbasedontheattainageoftheInsured
uponpolicyrenewal.
ConvertibletoWholeLifeInsurance2
Youmayconvertallorpartof theSumInsuredunder
thePlantoawholelifeinsuranceplanendorsedbyBOC
Lifeatanypolicyanniversaryduringthecoverageperiod
beforetheInsured’sageof70thatmedicalexamination
isnotrequired,allowingyoutoenjoyacare-freewhole
lifeprotection.
SupplementaryRiders3
Youmayenhanceyourcoveragebyattachingawide
rangeofsupplementaryriders3tothepolicy.
BasicEligibilityRequirements
IssueAge Age18toage70
PolicyCurrency HKD/USD
MinimumSumInsured HKD400,000/USD50,000
CoveragePeriod 1year/5years
PremiumPayment
PeriodSameascoverageperiod
PremiumPayment
ModeAnnual
Grasp this opportunity! Act Now!Forenquiry,pleasevisitanybranchof the following
majorinsuranceagentbanks:
Bank of China (Hong Kong) Limited ✆ (852) 3988 2388 8 www.bochk.com
Chiyu Banking Corporation Limited ✆ (852) 2843 2773 8 www.chiyubank.com
Notes:ThePolicyOwner issubject to thecredit risk
ofBOCLife. If thePolicyOwnerdiscontinuesand/or
surrendersthe insuranceplan intheearlypolicyyears,
theamountofthebenefithe/shewillgetbackmaybe
considerably lessthantheamountofthepremiumhe/
shehaspaid.Past,current,projectedand/orpotential
benefits and / or returns (e.g.bonuses,dividends,
interests)presentedhereinarenotguaranteedandare
forillustrativepurposesonly.Theactualfutureamounts
ofbenefitsand/orreturnsmaybelowerthanorhigher
thanthecurrentlyquotedbenefitsand/orreturns.
Risk Disclosure of USD Insurance:USDpoliciesaresubject toexchange rate risk.The
exchange ratebetweenUSDandHKDmay riseas
wellasfall.Therefore, ifcalculated inHKD,premiums,
feesandcharges (whereapplicable),accountvalue /
surrendervalueandotherbenefitspayableunderUSD
policywillvarywiththeexchangerate.Theexchange
ratebetweenUSDandHKDwillbethemarket-based
prevailingexchangeratedeterminedbyBOCLifefrom
timeto time,whichmaynotbethesameasthespot
rateofbanks.The fluctuation inexchange ratemay
result in lossesifacustomerchoosestopaypremiums
inHKD,orrequeststheinsurertopaytheaccountvalue
/surrendervalueorotherbenefitspayable inHKD,for
USDpolicy.
Other Key Risks:• The premium payable of the Plan and / or the
Rider (ifany)atthetimeofapplicationandrenewal
is calculated based on the following factors (if
applicable), includingbutnot limited to theSum
Insured,gender, issueage,attainedage,smoking
habit, premiumpayment term, level ofbenefits,
underwritingclass,riskclassandresidency,and is
notguaranteed.BOCLifereservestherighttoreview
andadjustthepremiumpayableatanytime.Factors
leadingtosuchadjustmentincludebutnotlimitedto
emergenceofdifferencebetweenactualexperience
andcurrentexpectation.
• The Policy Owner should pay premium on time
during thepremiumpayment term. Itmay result
in lapseor terminationof thepolicy if therequired
amount(suchaspremium)isnotmadebeforeexpiry
of thegraceperiod (ifapplicable)asprescribedby
BOCLife.Nevertheless,itissubjecttotheautomatic
premiumloan(ifapplicable) (BOCLifewilladvance
thepremiumdue fromthenon-forfeiturevalueas
an automatic premium loan) and non-forfeiture
provisions (ifapplicable). If thepolicy is terminated
or lapsed due to non-payment of premium, the
surrendervaluereceivedbythePolicyOwnermay
belessthanthetotalpremiumspaidandthePolicy
Ownerwilllosetheinsuranceprotectionprovidedby
thepolicy.
• BOCLifemayterminatethepolicybeforethematurity
dateifanyoneofthefollowingeventsoccurs:
(i) thedeathoftheInsured;or
(ii) BOCLifeapproves thePolicyOwner’swritten
requestforsurrender;or
(iii)thepolicylapsesaftertheendofthegraceperiod;
or
(iv)the non-forfeiture value is less than zero (if
applicable);or
(v) theaggregateamountpaidorpayablebyBOC
Lifehasreachedthemaximumbenefitamountof
allcoverageofthepolicy(ifapplicable).
• The actual rate of inflation may be higher than
expected,thereforetheamountyoureceivemaybe
lessinrealterms.
Remarks:1. ThePlan isautomaticallyrenewedforanotheryear
uponpaymentof thepremium inaccordancewith
theAgeoftheInsuredandthepremiumratethenin
effectonthedateofrenewalaswellasapolicyfee
designatedbyBOCLifefromtimetotime.Iftheterm
ofthepolicy isoneotherthanyearlyrenewableand
iftheInsuredisagedover70atthetimeofrenewal,
itwillbereneweduptotheExpiryDateofcoverage
periodonly.BOCLifereservestheright tochange
thepremiumrateatitsabsolutediscretion.
2. DuringthelifetimeoftheInsuredandwhilethepolicy
is inforce,thePolicyOwnermayconvertallorpart
of theamountofcoverageunder thepolicy toa
wholelifeplanasdefinedbyBOCLifewithoutfurther
evidenceof insurability,butmustnotbe less than
theminimumissuelimitsetbyBOCLifeatthedate
ofconversion,onanypremiumduedatepriortothe
ExpiryDatebutnotlaterthanthePolicyAnniversary
onor immediatelyfollowingtheInsured’sseventieth
birthday.Thenewplanwillbe issuedasatthedate
ofconversion.Thepremiumchargedon thenew
planshallbedetermined inaccordancewithBOC
Life’sprevailingrates for the Insured’sAgeonthe
dateofconversion. If thepolicy is issuedwithan
extrapremium,anextrapremiumcomputedona
consistentbasisshallbechargedonthenewplan.
If thepremiumsunderthepolicyarebeingwaived,
premiumspayableundertheconvertedplanwillnot
bewaivedandwillbepayableinaccordancewiththe
provisionsoftheconvertedplan.
3. Supplementaryridersaresubjecttounderwritingand
issueage.Premiumsofsuchmaybechangedfrom
timetotime.Fordetails,pleasecontactthebranch
staffofthemajorinsuranceagentbanks.
Important Notes: • ThePlanandthesupplementaryrider(s) (ifany)are
underwrittenbyBOCLife.BankofChina (Hong
Kong) Limited (“BOCHK”) and Chiyu Banking
CorporationLimitedarethemajor insuranceagent
banksappointedbyBOCLife.
• BOCLife isauthorisedandregulatedbyOfficeof
theCommissionerofInsurancetocarryonlongterm
business in theHongKongSpecialAdministrative
RegionofthePeople’sRepublicofChina.
• BOCLife reserves the right todecideat its sole
discretiontoacceptordeclineanyapplicationforthe
Planandthesupplementaryrider(s)(ifany)according
totheinformationprovidedbytheproposedInsured
andtheapplicantatthetimeofapplication.
• ThePlanand the supplementary rider(s) (if any)
are subject to the formalpolicydocumentsand
provisions issuedbyBOCLife.Pleaserefer to the
relevantpolicydocumentsandprovisionsfordetails
TER
/L/V06/1216
Printed
inDecem
ber2016
of the insured itemsandcoverage,provisionsand
exclusions.
• BOCHKandChiyuBankingCorporationLimitedare
theappointedagentsofBOCLifefordistributionof
life insuranceproducts.The life insuranceproduct
isaproductofBOCLifebutnotBOCHKandChiyu
BankingCorporationLimited.
• In respect of an eligible dispute (as defined in
theTermsofReference for theFinancialDispute
ResolutionCentreinrelationtotheFinancialDispute
ResolutionScheme) arisingbetweenBOCHKor
ChiyuBankingCorporationLimitedandthecustomer
outofthesellingprocessorprocessingoftherelated
transaction,BOCHKorChiyuBankingCorporation
Limited isrequiredtoenter intoaFinancialDispute
ResolutionSchemeprocesswith the customer;
howeveranydisputeover thecontractual termsof
the insuranceproductshouldberesolvedbetween
directlyBOCLifeandthecustomer.
ShouldtherebeanydiscrepancybetweentheChinese
andEnglishversionsof thispromotionmaterial, the
Englishversionshallprevail.
Thispromotionmaterial is for referenceonlyand is
intendedtobedistributed inHongKongonly. Itshall
notbeconstruedasanoffertosellorasolicitationofan
offerorrecommendationtopurchaseorsaleorprovision
ofanyproductsofBOCLifeoutsideHongKong.Please
refertothepolicydocumentsandprovisions issuedby
BOCLifefordetails(includingdetailedterms,conditions,
exclusions,policycostsandfees)of thePlanandthe
supplementary rider(s) (if any). For enquiry,please
contact thebranchstaffof themajor insuranceagent
banks.
ThispromotionmaterialispublishedbyBOCLife.
Life Insurance
Major Insurance Agent Banks:
BOC Group Life Assurance Company LimitedTerm Plan Term Life Insurance Plan
Protection for your loved ones Carefree life for yourself
Are you or have you:
• thebreadwinnerofthefamily?
• justmarriedandberesponsiblefortheprotectionof
yourbeloved?
• alreadysecuredaloanandneedextraprotection?
• Or...
Life is an unpredictable journey. You need to get
preparedfortheprovisionofsufficientfinancialsupport
suchthatyourfamily’s lifewouldnotbeaffectedinthe
eventofmishap.BOCGroupLifeAssuranceCompany
Limited (“BOCLife”)presentsyou the“Term Plan” Term Life Insurance Plan(“thePlan”),whichofferslife
protectionatalowpremium,standbyyoutohelptaking
careofyouandmembersofyourfamily.
LifeProtectionforPeaceofMind
Incasethe Insuredpassesawayduringthecoverage
period,anamountequal to theSum Insuredwillbe
payabletorelievethefinancialburdenofyourfamily.
AffordablePremiumforEasyBudgeting
Youmayenjoyarelativelyhigh lifeprotectioncoverage
ata lowpremiumoutlaycomparingwithotherwhole
life insuranceplans.Forbetter financialarrangement,
premiums remain unchanged during the coverage
period.
GuaranteedRenewable1
At the end of each coverage period, the policy is
guaranteed renewable1 up to the Insured’s age75
withoutmedicalexaminationontheInsuredrequired. If
theapplicantappliesfor1yearcoverage,premiummay
beincreasedaccordingtotheageoftheInsured.Ifthe
applicantappliesfor5-yearcoverage,premiumsremain
unchangedduringthe5-yearcoverageperiod.Premium
willbecalculatedbasedontheattainageoftheInsured
uponpolicyrenewal.
ConvertibletoWholeLifeInsurance2
Youmayconvertallorpartof theSumInsuredunder
thePlantoawholelifeinsuranceplanendorsedbyBOC
Lifeatanypolicyanniversaryduringthecoverageperiod
beforetheInsured’sageof70thatmedicalexamination
isnotrequired,allowingyoutoenjoyacare-freewhole
lifeprotection.
SupplementaryRiders3
Youmayenhanceyourcoveragebyattachingawide
rangeofsupplementaryriders3tothepolicy.
BasicEligibilityRequirements
IssueAge Age18toage70
PolicyCurrency HKD/USD
MinimumSumInsured HKD400,000/USD50,000
CoveragePeriod 1year/5years
PremiumPayment
PeriodSameascoverageperiod
PremiumPayment
ModeAnnual
Grasp this opportunity! Act Now!Forenquiry,pleasevisitanybranchof the following
majorinsuranceagentbanks:
Bank of China (Hong Kong) Limited ✆ (852) 3988 2388 8 www.bochk.com
Chiyu Banking Corporation Limited ✆ (852) 2843 2773 8 www.chiyubank.com
Notes:ThePolicyOwner issubject to thecredit risk
ofBOCLife. If thePolicyOwnerdiscontinuesand/or
surrendersthe insuranceplan intheearlypolicyyears,
theamountofthebenefithe/shewillgetbackmaybe
considerably lessthantheamountofthepremiumhe/
shehaspaid.Past,current,projectedand/orpotential
benefits and / or returns (e.g.bonuses,dividends,
interests)presentedhereinarenotguaranteedandare
forillustrativepurposesonly.Theactualfutureamounts
ofbenefitsand/orreturnsmaybelowerthanorhigher
thanthecurrentlyquotedbenefitsand/orreturns.
Risk Disclosure of USD Insurance:USDpoliciesaresubject toexchange rate risk.The
exchange ratebetweenUSDandHKDmay riseas
wellasfall.Therefore, ifcalculated inHKD,premiums,
feesandcharges (whereapplicable),accountvalue /
surrendervalueandotherbenefitspayableunderUSD
policywillvarywiththeexchangerate.Theexchange
ratebetweenUSDandHKDwillbethemarket-based
prevailingexchangeratedeterminedbyBOCLifefrom
timeto time,whichmaynotbethesameasthespot
rateofbanks.The fluctuation inexchange ratemay
result in lossesifacustomerchoosestopaypremiums
inHKD,orrequeststheinsurertopaytheaccountvalue
/surrendervalueorotherbenefitspayable inHKD,for
USDpolicy.
Other Key Risks:• The premium payable of the Plan and / or the
Rider (ifany)atthetimeofapplicationandrenewal
is calculated based on the following factors (if
applicable), includingbutnot limited to theSum
Insured,gender, issueage,attainedage,smoking
habit, premiumpayment term, level ofbenefits,
underwritingclass,riskclassandresidency,and is
notguaranteed.BOCLifereservestherighttoreview
andadjustthepremiumpayableatanytime.Factors
leadingtosuchadjustmentincludebutnotlimitedto
emergenceofdifferencebetweenactualexperience
andcurrentexpectation.
• The Policy Owner should pay premium on time
during thepremiumpayment term. Itmay result
in lapseor terminationof thepolicy if therequired
amount(suchaspremium)isnotmadebeforeexpiry
of thegraceperiod (ifapplicable)asprescribedby
BOCLife.Nevertheless,itissubjecttotheautomatic
premiumloan(ifapplicable) (BOCLifewilladvance
thepremiumdue fromthenon-forfeiturevalueas
an automatic premium loan) and non-forfeiture
provisions (ifapplicable). If thepolicy is terminated
or lapsed due to non-payment of premium, the
surrendervaluereceivedbythePolicyOwnermay
belessthanthetotalpremiumspaidandthePolicy
Ownerwilllosetheinsuranceprotectionprovidedby
thepolicy.
• BOCLifemayterminatethepolicybeforethematurity
dateifanyoneofthefollowingeventsoccurs:
(i) thedeathoftheInsured;or
(ii) BOCLifeapproves thePolicyOwner’swritten
requestforsurrender;or
(iii)thepolicylapsesaftertheendofthegraceperiod;
or
(iv)the non-forfeiture value is less than zero (if
applicable);or
(v) theaggregateamountpaidorpayablebyBOC
Lifehasreachedthemaximumbenefitamountof
allcoverageofthepolicy(ifapplicable).
• The actual rate of inflation may be higher than
expected,thereforetheamountyoureceivemaybe
lessinrealterms.
Remarks:1. ThePlan isautomaticallyrenewedforanotheryear
uponpaymentof thepremium inaccordancewith
theAgeoftheInsuredandthepremiumratethenin
effectonthedateofrenewalaswellasapolicyfee
designatedbyBOCLifefromtimetotime.Iftheterm
ofthepolicy isoneotherthanyearlyrenewableand
iftheInsuredisagedover70atthetimeofrenewal,
itwillbereneweduptotheExpiryDateofcoverage
periodonly.BOCLifereservestheright tochange
thepremiumrateatitsabsolutediscretion.
2. DuringthelifetimeoftheInsuredandwhilethepolicy
is inforce,thePolicyOwnermayconvertallorpart
of theamountofcoverageunder thepolicy toa
wholelifeplanasdefinedbyBOCLifewithoutfurther
evidenceof insurability,butmustnotbe less than
theminimumissuelimitsetbyBOCLifeatthedate
ofconversion,onanypremiumduedatepriortothe
ExpiryDatebutnotlaterthanthePolicyAnniversary
onor immediatelyfollowingtheInsured’sseventieth
birthday.Thenewplanwillbe issuedasatthedate
ofconversion.Thepremiumchargedon thenew
planshallbedetermined inaccordancewithBOC
Life’sprevailingrates for the Insured’sAgeonthe
dateofconversion. If thepolicy is issuedwithan
extrapremium,anextrapremiumcomputedona
consistentbasisshallbechargedonthenewplan.
If thepremiumsunderthepolicyarebeingwaived,
premiumspayableundertheconvertedplanwillnot
bewaivedandwillbepayableinaccordancewiththe
provisionsoftheconvertedplan.
3. Supplementaryridersaresubjecttounderwritingand
issueage.Premiumsofsuchmaybechangedfrom
timetotime.Fordetails,pleasecontactthebranch
staffofthemajorinsuranceagentbanks.
Important Notes: • ThePlanandthesupplementaryrider(s) (ifany)are
underwrittenbyBOCLife.BankofChina (Hong
Kong) Limited (“BOCHK”) and Chiyu Banking
CorporationLimitedarethemajor insuranceagent
banksappointedbyBOCLife.
• BOCLife isauthorisedandregulatedbyOfficeof
theCommissionerofInsurancetocarryonlongterm
business in theHongKongSpecialAdministrative
RegionofthePeople’sRepublicofChina.
• BOCLife reserves the right todecideat its sole
discretiontoacceptordeclineanyapplicationforthe
Planandthesupplementaryrider(s)(ifany)according
totheinformationprovidedbytheproposedInsured
andtheapplicantatthetimeofapplication.
• ThePlanand the supplementary rider(s) (if any)
are subject to the formalpolicydocumentsand
provisions issuedbyBOCLife.Pleaserefer to the
relevantpolicydocumentsandprovisionsfordetails
TER
/L/V06/1216
Printed
inDecem
ber2016
of the insured itemsandcoverage,provisionsand
exclusions.
• BOCHKandChiyuBankingCorporationLimitedare
theappointedagentsofBOCLifefordistributionof
life insuranceproducts.The life insuranceproduct
isaproductofBOCLifebutnotBOCHKandChiyu
BankingCorporationLimited.
• In respect of an eligible dispute (as defined in
theTermsofReference for theFinancialDispute
ResolutionCentreinrelationtotheFinancialDispute
ResolutionScheme) arisingbetweenBOCHKor
ChiyuBankingCorporationLimitedandthecustomer
outofthesellingprocessorprocessingoftherelated
transaction,BOCHKorChiyuBankingCorporation
Limited isrequiredtoenter intoaFinancialDispute
Resolution Scheme process with the customer;
howeveranydisputeover thecontractual termsof
the insuranceproductshouldberesolvedbetween
directlyBOCLifeandthecustomer.
ShouldtherebeanydiscrepancybetweentheChinese
andEnglishversionsof thispromotionmaterial, the
Englishversionshallprevail.
Thispromotionmaterial is for referenceonlyand is
intendedtobedistributed inHongKongonly. Itshall
notbeconstruedasanoffertosellorasolicitationofan
offerorrecommendationtopurchaseorsaleorprovision
ofanyproductsofBOCLifeoutsideHongKong.Please
refertothepolicydocumentsandprovisions issuedby
BOCLifefordetails(includingdetailedterms,conditions,
exclusions,policycostsandfees)of thePlanandthe
supplementary rider(s) (if any). For enquiry,please
contact thebranchstaffof themajor insuranceagent
banks.
ThispromotionmaterialispublishedbyBOCLife.
