With Target 5 Years Insurance Plan Series (the “Plan”), you can enjoy 5 years of comprehensive life protection and achieve your savings goal in 5 years by paying premiums for just 2 years. The Plan provides you with 3 choices of policy currencies, including Hong Kong Dollar, United States Dollar and Renminbi*, to match with your wealth management plans.

* Policy value is denominated in Renminbi while premiums, cash value and benefits payable can be settled in either Renminbi or Hong Kong Dollar at your choice.

• Contribution Period of as Short as 2 Years to Enjoy 5-year Life Protection
  You can enjoy 5-year comprehensive life protection during the term of the policy by paying premiums for just 2 years.
• Guaranteed Return
  The plan provides maturity benefit¹ with a guaranteed rate of return upon maturity at the end of the fifth policy year.
• Flexible Premium Contributions in the Second Year
  The policy will continue to be in force even if only the premium of the first year is paid².
• Annual Dividend³
  Annual dividends (if any) may be payable starting from the second policy anniversary while the policy is in force. You may choose to withdraw the annual dividends (if any) or accumulate all the annual dividends (if any) in your policy account for interest.
• Death Benefit⁴
  The Plan offers comprehensive life insurance protection to help you and your family cope with unexpected expenses. In the event of the unfortunate death of the insured while the policy is in force, the amount of death benefit payable equals to 102% of total premiums paid as at the date of death, plus accumulated dividends and their interest (if any), less all indebtedness (if any) under the policy.
• Additional Accidental Death Benefit⁵
  If the insured dies as a result of an accident with the accident occurring during the first 3 policy years, the Plan will provide an additional accidental death benefit equals to 30% of total premiums paid as at the date of death.
• Guaranteed Issue without Medical Examination
  No medical examination is required for approving the application of the Plan, which is both convenient and time saving.
• 24-Hour Worldwide Emergency Assistance Services⁶
  You will have access to 24-hour Worldwide Emergency Assistance Services, including emergency medical assistance and referral services, and other assistance services.

1. The maturity benefit equals to guaranteed cash value, plus accumulated annual dividends and their interest (if any), less all indebtedness (if any) under the policy.
2. If only the premium of the first year is paid, the policy will be converted from a participating policy to a paid-up non-participating policy (i.e. the premium paid for the first year will be used to calculate the guaranteed cash value, death benefit, additional accidental death benefit and maturity payment, but dividend will not be payable).
3. The Plan is a participating policy and the annual dividend (if any) will only be payable from the second policy anniversary onwards after the premium of the second policy year is fully paid. Annual dividends (if any), accumulated annual dividends (if any) and dividend accumulation interest rate (if applicable) are not guaranteed and are not estimates for future years. The actual amount received may be higher or lower than the estimated amount. BOC Group Life Assurance Company Limited (“BOCG Life”) reserves the right to make changes from time to time.
4. Regardless of whether the insured is covered by one or more policies under the series of insurance plans issued by BOCG Life (including Target 5 Years Insurance Plan, Target 5 Years Insurance Plan II and the Plan), the total maximum amount of the death benefit payable under all such policies shall be equal to 100% of the total premiums paid as at the date of death, plus HK$80,000 (for HKD policy) or US$10,000 (for USD policy) or CNY80,000 (for CNY policy) plus the accumulated dividends (if any) and their interest (if any) in respect of all such policies, less all the indebtedness under all such policies (if any). BOCG Life shall only be required to pay the death benefit once in respect of all such policies.
5. The additional accidental death benefit is applicable if the insured is aged 18 to 60 at the time of policy issue and meets an accident before the third policy anniversary which is the sole cause of, and within 180 days results in the death of the insured. Regardless of whether the insured is covered by one or more policies under the series of insurance plans issued by BOCG Life (including Target 5 Years Insurance Plan, Target 5 Years Insurance Plan II and the Plan), the total maximum amount of the additional accidental death benefit payable under all such policies shall be equal to HK$200,000 (for HKD policy) or US$25,000 (for USD policy) or CNY200,000 (for CNY policy). BOCG Life shall only be required to pay the additional accidental death benefit once in respect of all such policies.
6. The relevant services are provided by “Inter Partner Assistance Hong Kong Limited” in accordance with the Conditions for Services pursuant to “Life Insurance Supplementary Emergency Assistance Services and Benefits”. These services are not guaranteed for renewal and BOCG Life reserves the right to withhold or amend the said services at its sole discretion. With effect from 1 March 2013, the local telecommunication service provider will cease all international operator-assisted call services, including collect calls (calls paid by call recipient). The collect call service of the 24-hour Worldwide Emergency Assistance Services provided by Inter Partner Assistance Hong Kong Limited will no longer be available starting from the same date in this regard. The relevant telephone numbers, terms and conditions of the services shall remain unchanged.

• The Plan is underwritten by BOCG Life.
• The exchange rate between Renminbi and Hong Kong Dollar in respect of Renminbi denominated policies under the Plan will be the market-based prevailing exchange rate determined by BOCG Life from time to time, which may not be the same as the spot rate of the bank.
• BOCG Life reserves the right to accept or decline any application for the Plan based on the information provided by the insured and applicant at the time of application.
• Bank of China (Hong Kong) Limited is one of the agents of BOCG Life.