From now till 31 December 2021, you may enjoy the first year premium discount offer (“the Offer”) upon successful enrolment in “iProtect 10 Years Insurance Plan” (“the Plan”) underwritten by BOC Group Life Assurance Company Limited (“BOC Life”) through BOCHK mobile banking app. Details are as follows:

The first year premium discount offer is subject to terms and conditions.

Please download BOCHK mobile applications to know more details about “iProtect 10 Years Insurance Plan”:

Notes:
The Policy Owner is subject to the credit risk of BOC Life. If the Policy Owner discontinues and / or surrenders the insurance plan in the early policy years, the amount of the benefit he / she will get back may be considerably less than the amount of the premium he / she has paid.

Terms and conditions of the Offer:

1. Promotion Period refers to the period from 19 September 2021 until 31 December 2021 (both dates inclusive) (“the Promotion Period”).
2. To be eligible for the Offer, applicant(s) must fulfill all of the following requirements:
   
   (i)
   the application must be duly completed within the Promotion Period; and
   (ii)
   the application(s) must be accepted by BOC Life.
   Policy(ies) that fulfill the above-mentioned requirements (i) to (ii) is / are known as “Eligible Policy(ies)”.
3. Premium discount of the Offer is only applicable to the first year premium. First Year premium does not include levy, pre-paid premium(s) (if applicable) and extra premium loading imposed due to health condition (if applicable).
4. (Only applicable to refundable premium plan) The premium refund amount will be calculated based on the amount of premiums paid after discount (if any).
5. For premiums paid on a monthly basis, the initial premium would be the discounted premiums for the first (1^st) month. The rest of the first year discounted premiums shall be deducted monthly from the customer’s designated account during the second (2^nd) to twelfth (12^th) months.
6. The Offer is applicable to the basic plan of the Eligible Policy(ies), while the first year premium discount rate is determined in accordance with the standard premium of the basic plan of the Eligible Policy(ies).
7. The Offer will be applicable to the Plan only and there is no limit (acceptance of application(s) would be subject to underwriting result) on the number of policies of the Plan that an applicant would apply for.
8. The Eligible Policy(ies) must be in force and the Notional Amount, Sum Insured or the level of benefits (where applicable) of the basic plan must remain unchanged when the Offer is applied, otherwise BOC Life reserves the right to forfeit the entitlement to the Offer and / or reduce the eligible premium discount amount proportionally.
9. The Offer cannot be changed, transferred, returned, exchanged for other gifts or redeemed for cash.
10. In case of cancellation of the policy during the cooling-off period or in any event of a refund of premium, the portion of any premium payments that has been deducted by the Offer will under no circumstances be counted as premiums paid for reckoning the refundable amount of total premium paid.
11. Except for the designated promotions specified by BOC Life, the Offer cannot be used in conjunction with other promotion offers of BOC Life.
12. BOC Life reserves the right to amend, suspend or terminate the Offer and to amend the relevant terms and conditions at any time at its sole discretion without prior notice.
13. In case of any dispute, the decision of BOC Life shall be final.
14. This promotion flyer is only related to the Offer. For details of the Plan, please refer to the relevant product brochure, benefit illustration and provisions.
15. Should there be any discrepancy between the Chinese and English versions of this promotion flyer, the English version shall prevail.
16. The Terms and Conditions of the Offer shall be governed by, and construed in accordance with, the laws of the Hong Kong Special Administrative Region.

Important Notes:

• The Plan is underwritten by BOC Life. The Plan is a life / critical illness insurance plan. It is not a bank deposit scheme or bank savings plan. Bank of China (Hong Kong) Limited (“BOCHK”) is the major insurance agency appointed by BOC Life.
• BOC Life is authorised and regulated by Insurance Authority to carry on long term business in the Hong Kong Special Administrative Region of the People’s Republic of China (“Hong Kong”).
• BOCHK is granted an insurance agency licence under the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) by Insurance Authority in Hong Kong. (insurance agency licence no. FA2855)
• BOC Life reserves the right to decide at its sole discretion to accept or decline any application for the Plan according to the information provided by the proposed Insured and the applicant at the time of application.
• The Plan is subject to the formal policy documents and provisions issued by BOC Life. Please refer to the relevant policy documents and provisions for details of the insured items and coverage, provisions and exclusions.
• BOCHK is the appointed insurance agency of BOC Life for distribution of life insurance products. The life insurance product is a product of BOC Life but not BOCHK.
• In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between BOCHK and the customer out of the selling process or processing of the related transaction, BOCHK is required to enter into a Financial Dispute Resolution Scheme process with the customer; however any dispute over the contractual terms of the insurance product should be resolved directly between BOC Life and the customer.
• BOC Life reserves the right to amend, suspend or terminate the Plan at any time and to amend the relevant terms and conditions. In case of dispute(s), the decision of BOC Life shall be final.
• Customers are responsible for the relevant data charges incurred by using BOCHK Mobile / Internet Banking.
• By using BOCHK Mobile/Internet Banking, the viewer agrees to be bound by the content of the disclaimer and policy as it may be amended by BOCHK from time to time and posted on BOCHK Mobile/Internet Banking.

Important Notice:

You have an option to purchase the Plan as a standalone plan base on your personal need to choose life protection solely or include additional critical illness coverage instead of bundling with other type(s) of insurance product.
The product information does not contain the full terms of the policy and the full terms can be found in the policy documents.

This promotion material is for reference only and is intended to be distributed in Hong Kong only. It shall not be construed as an offer to sell or a solicitation of an offer or recommendation to purchase or sale or provision of any products of BOC Life outside Hong Kong. Please refer to the sales documents, including product brochure, benefit illustration and policy documents and provisions issued by BOC Life for details (including but not limited to the insured items and coverage, detailed terms, key risks, conditions, exclusions, policy costs and fees) of the Plan. For enquiry about technical support for online application, please contact BOCHK Customer Service Hotline (852) 3669 3003. For enquiry about product and post-sales service, please contact BOC Life Customer Service Hotline (852) 2860 0688.

This promotion material is published by BOC Life.
Published in November 2021