BOC Worldwide Medical Insurance Plan

Bank of China Group Insurance Company Limited ("BOCG Insurance") specially presents the "BOC Worldwide Medical Insurance Plan" (the “Plan”). The Plan is an individual comprehensive medical insurance plan with comprehensive protection and abundant coverage, which provides comprehensive, flexible worldwide medical protection and a lifetime benefit of up to HK$66,000,000¹. The coverage of the Plan extends beyond hospital and surgical expenses and includes benefits for those suffering from serious illness and post-hospitalisation rehabilitation services, ensuring you and your family enjoy the privileged medical treatment and caring in needs. Moreover, the Plan provides protection in different geographical areas and deductible plans to choose from, so that you and your family can enjoy yourselves and choose the required protection.

Important Note:

Before application, please read and understand the related Product Information, Policy Terms and all other relevant document and information carefully.

Once the application is received successfully, your policy will be automatically renewed annually unless the terms and conditions of the policy are changed. Successful enrolment will authorize BOCG Insurance to deduct the policy's initial and renewal premiums from the customer's designated account until further notice.

In case of any disputes, the decision of BOCG Insurance shall be final.

Notes:

1. The Maximum Overall Lifetime Limit per Insured Person for “Noble Plan (Worldwide)” is HK$66,000,000.
2. “Pre-existing Conditions Benefit” is applicable to “Noble Plan (Worldwide)” only. The maximum limit is HK$100,000 per claim with a maximum of 3 claims per lifetime of the Insured Person. This benefit is payable only if the Insured Person has been covered for at least 36 consecutive months of waiting period and there has been no treatment received due to Pre-existing Conditions and no claim made from another insurance policy. This benefit is effective from the commencement of the Policy Year next to the waiting period. In addition, to be eligible for subsequent claims of the same “Pre-existing Conditions Benefit”, another interval of 36 consecutive months need to elapse during which there should be no treatment received and no claim from another insurance policy for the aforesaid condition.
3. Deductible Adjustment Guarantee allows the Insured Person to switch to lower annual deductible option without the need to provide health declaration, for once per lifetime only, in the policy year of the 50th, 55th, 60th or 65th birthday. The premium will be adjusted based on the selected annual deductible option and the attained age of the Insured Person.
4. The Plan offers Lifetime Renewal Guaranteed. BOCG Insurance reserves the right to adjust standard premiums on an overall portfolio basis and amend the terms and/or benefits limit for all policies of the “BOC Worldwide Medical Insurance Plan” from time to time upon renewal for the coming policy year.
5. The liability for the Pre-Approval “Guarantee of Payment for Inpatient Admission Services” under the Policy is limited to indemnifying the Insured Person for the eligible medical expenses payable in accordance with the Plan. BOCG Insurance shall recover from the Insured Person the medical expenses settled which fall outside the coverage of the policy (if any).
6. The basic criterion for the enrolment of the Plan is subject to the Insured Person who lives in Hong Kong Special Administrative Region or Macau Special Administrative Region for 6 months or above during the policy year. If the customer lives in Hong Kong Special Administrative Region or Macau Special Administrative Region for less than 6 months, he/she can enroll the Plan but BOCG Insurance will underwrite and amend the terms and conditions and reserve right in its sole and absolute discretion to decline such enrolment. Moreover, the immediate notice in writing shall be given to BOCG Insurance if the customer changes his/her Country / Region of Residence during the policy year. BOCG Insurance reserves the right in its sole and absolute discretion to treat this policy as termination from the inception date of the change of Country / Region of residence. BOCG Insurance will not refund any premiums paid and reserve right to require repayment of the paid claims. If a change of Country / Region of residence is only found at any claims stage without prior declaration, no claim will be paid.
7. Asia (Country/ Region) means Afghanistan; Australia; Bangladesh; Bhutan; Brunei; Cambodia; Mainland China; Hong Kong, China; Macau, China; Taiwan, China; India; Indonesia; Japan; Kazakhstan; Kyrgyzstan; Laos; Malaysia; Maldives; Mongolia; Myanmar; Nepal; New Zealand; North Korea; Pakistan; the Philippines; Singapore; South Korea; Sri Lanka; Tajikistan; Thailand; Timor-Leste; Turkmenistan; Uzbekistan; and Vietnam.

Terms and Conditions:

1. The Plan and the supplementary rider(s) (if any) are underwritten by BOCG Insurance.
2. BOCG Insurance is authorised and regulated by the Insurance Authority to carry on general insurance business in Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong").
3. The Bank of China (Hong Kong) Limited ("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 Special Administrative Region of the People's Republic of China. (insurance agency licence no. FA2855)
4. BOCG Insurance reserves the sole right to determine whether any application for the Plan and the supplementary rider(s) (if any) is acceptable or not in accordance with the information submitted at the time of application by the Proposer and/or Insured Person.
5. BOCHK is the appointed insurance agency of BOCG Insurance for distribution of the Plan. The Plan is product of BOCG Insurance but not BOCHK.
6. BOCG Insurance and/or BOCHK reserve the right to amend, suspend or terminate the Plan, and to amend the relevant terms and conditions at any time. In case of any dispute(s), the decision of BOCG Insurance and/or BOCHK shall be final.
7. 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 Plan should be resolved directly between BOCG Insurance and the customer.
8. This promotional 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 solicitation of an offer or recommendation to purchase or sale or provision of any products of BOCG Insurance outside Hong Kong. Please refer to the policy documents and provisions issued by BOCG Insurance for details (including but not limited to insured items and coverage, detailed terms, key risks, conditions, exclusions, policy costs and fees) of the Plan and the supplementary rider(s) (if any). For enquiry, please contact the staff of BOCHK.
9. The Plan and the supplementary rider(s) (if any) are subject to the formal policy documents and provisions issued by BOCG Insurance. Details of the coverage of the Plan are subject to the terms and conditions stipulated in the policy by BOCG Insurance. Please refer to the policy documents for the details of the insured items and coverage, provisions and exclusions.

The Insurance Authority (“IA”) will collect premium levy from the policyholder at the applicable rate. In order to avoid any legal consequences, the policyholder must pay to the insurance company a prescribed levy for the premium for direct remittance to the IA. The levy amount may be subject to change depending on the applicable rate. For details, please visit IA's website www.ia.org.hk.