Coping with the permanent loss of one's earning powers is never easy. However, this could happen at any time as a result of a severe illness or injury. During the difficult period, Total & Permanent Disability Benefit is vital to the financial security of every wage-earner.

Extra cash for disability

This benefit provides extended coverage with an advance on your death benefit, 20% of which will be paid six months after the commencement of disability. Should you suffer prolonged disability for more than 18 months, the remaining 80% if your death benefit will be advanced to you as well. This money can be used to cover hospital fees, family expenses or mortgage payments, as you see fit. This benefit provides a range of benefit terms to best fit your needs – 10 years, up to age 65. It is renewable every 5 years if attached to 5-year Renewable & Convertible Term Insurance or My Health Benefit.

Extent of cover

This benefit covers not only cases where the insured becomes totally and permanently incapable of engaging in any work for remuneration. The plan also covers the occurrence of any one of the following; in which case the benefit will be paid immediately:
- Loss of sight of both eyes;
- Loss of any two limbs; or
- Loss of sight of one eye and one limb

 

The above contains general information and is for reference only. It does not form part of the policy.
Please refer to the policy document for benefit coverage, exact terms and conditions and exclusions. For enquiries, please contact our consultants, franchised agents or brokers, or call our Customer Service Hotline: Hong Kong (852) 2533 5555.