CoverU Whole Life Insurance Plan

Product Type : Life Insurance

Insurer : BOC Group Life Assurance Company Limited 

Tend your beloved

BOC Group Life Assurance Company Limited (“BOC Life”) offers you the CoverU Whole Life Insurance Plan / CoverU Whole Life Insurance Plan (Delight Version) (“the Plan”) that provides whole life protection and helps you accumulate wealth over time. To cater for your evolving needs along your life journey, the Plan offers enhanced life protection particularly at important stage of life, safeguarding yourself and your loved ones with total peace all the way and paving the way to an enjoyable life with all your future plans.

Note:  Please refer to the product leaflet for the details of the Plan (including the coverage, key risks, major exclusions, etc.).

Basic Eligibility Requirements

  CoverU Whole Life Insurance Plan

          CoverU Whole Life Insurance Plan

(Delight Version)

Underwriting Method Full underwriting Simplified underwriting 
Issue Age Age 0 (starting from 15 days after birth) to age 60

Age 0 (starting from 15 days after birth) to age 50

 Age 18 to age 60 Age 18 to age 50
Premium Payment Term 10 years 20 years 10 years 20 years
Benefit Term Whole life 
Policy Currency RMB/ HKD/ USD

Minimum Sum Insured

 RMB 160,000 / HKD 160,000 / USD 20,000
Maximum Sum Insured  No limit on maximum sum insured,subject to underwriting Age 18 to age 40

RMB 1,000,000 /

HKD 1,000,000/

USD 125,000

 Age 41 to age 50 

RMB 800,000/

HKD 800,000

USD 100,000

Age 51 to age 60 

(applicable for 10 years premium payment term)

RMB 650,000

HKD 650,000

USD 81,250

Premium Payment Mode

 Monthly /Quarterly/ Semi-annual/ Annual


Important Notes: 

  • The Plan and the supplementary rider(s) (if any) is underwritten by BOC Life. Bank of China (Hong Kong) Limited ("BOCHK") is the major insurance agency appointed by BOC Life.
  • BOC Life is authorised and regulated by the Insurance Authority to carry on long term insurance business in the Hong Kong Special Administrative Region of the People's Republic of China.
  • 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 SAR. (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 and the supplementary rider(s) (if any) according to the information provided by the proposed Insured and the applicant at the time of application.
  • The Plan and the supplementary rider(s) (if any) 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 between directly the insurance company and the customer.
  • 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 provision issued by BOC Life 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 branch staff of the major insurance agencies.