LionGuardian PlusOne (the “Plan”) from Generali Life (Hong Kong) Limited (the “Company”) aims to provide comprehensive coverage, with unlimited claims for Cancer, Stroke and Heart Attack1,2, giving you continuous and adequate support throughout your recovering journey. The Plan also provides coverage against Loss of Functionality of Key Organs, offering you and your family a comprehensive and tremendous support throughout your lifespan. Juvenile illnesses will also be covered, even if the illnesses are due to congenital defects or mental conditions. You may also choose to convert your Plan to another life insurance product3.
Cancer, Stroke and Heart Attack are the major life-threatening diseases. Although the recovery rate improved significantly as a result of medical advancement, multiple strikes have become more common. The Plan allows UNLIMITED claims1,2 throughout the whole Benefit Term for these 3 illnesses. You and your loved ones will always be guarded by the continuous financial support from the Plan until age 100.
*Based on comparing it with other critical illness plans issued by Hong Kong’s major life insurance companies as at January 2021.
If you wish to have comprehensive protection but with limited budget on premium, then the Plan perfectly suits your needs. The Plan provides comprehensive protection against 138 illnesses. With relatively lower premium, you and your family could enjoy sufficient protection.
Once the claimable amount reaches 100% of Sum Assured, your future premium will be waived. You can enjoy free protection until the expiration of the Policy, giving a peace of mind to you and your loved ones and alleviating your financial burdens on the long road to recovery.
In addition to covering the listed Major Critical Illnesses, the Plan also provides Major Critical Illness Benefit1 at 100% of Sum Assured if the Insured is diagnosed with specific condition of key organs (heart, liver, lung and kidney) which last for at least 3 consecutive months, even the cause of the illness cannot be ascertained or the illness is unknown.
Personal conditions and responsibility change when you enter different life stages. The Plan allows you to convert your Plan to another life insurance product offered by the Company at the time of such request before age 70. Regardless of your health condition, no further evidence of insurability is required.
1. Major Critical Illness Benefit will be payable upon diagnosis of Major Critical Illnesses listed above and until termination of the Policy. In respect of each Major Critical Illness, the Major Critical Illness Benefit shall be payable maximum once only, except Cancer, Stroke and Heart Attack. Loss of Independent Existence and Terminal Illness will cease after the 1st Major Critical Illness Benefit claim. For Major Critical Illness Benefit claims more than once, it is subject to waiting periods and terms and conditions. Please refer to the terms and conditions in the Policy Provisions for details.
2. Waiting period for Cancer, Stroke and Heart Attack are as follows:
Cancer:
· The waiting period of the subsequent claim on Cancer is at least 1 year from the diagnosis date of all the preceding Cancer(s), given that the first diagnosis of subsequent Cancer is a new Cancer and unrelated to all the preceding Cancer(s); and
· The waiting period of the subsequent claim on Cancer is at least 3 years from the diagnosis date of all the preceding Cancer(s), if the subsequent Cancer is a recurrence, metastasis or persistence of any preceding Cancer(s).
Stroke:
· The waiting period of the subsequent claim on Stroke is at least 1 year from the diagnosis date of the preceding claim(s), given that such subsequent Stroke is new and unrelated to all the preceding claim(s).
Heart Attack:
· The waiting period of the subsequent claim on Heart Attack is at least 1 year from the diagnosis date of the preceding claim(s), given that such subsequent Heart Attack is new and unrelated to all the preceding claim(s).
3. After the 1st Policy Anniversary and during the lifetime of the Insured, but before age 70 of the Insured, the Policyholder may apply to convert the Policy to another life insurance product offered by the Company at the time of such request with the Sum Assured of new Policy same as or lower than that of the existing Policy without further evidence of insurability is required. This option is not applicable to any Policy with any paid or payable claims. Any Substandard Premium or any extra exclusion(s) applicable to the existing Policy will continue to be applied to the new Policy converted under this Guaranteed Conversion Option. Upon successful conversion, this Policy shall terminate and the Company will have no further liability under this Policy. The application for the new Policy is subject to the Company’s the then current administration rule, the selected product’s product rules (including but not limited to issue age requirement, minimum Sum Assured requirement), any other regulatory requirements and the approval by the Company.
4. 1 claim is allowed for each Early Stage or Minor Illness diagnosed. Claims for Carcinoma-in-situ and Percutaneous Coronary Intervention can be accepted up to 2 times. Terms and conditions must be fulfilled to be eligible for a 2nd claim for Carcinoma-in-situ and Percutaneous Coronary Intervention.
5. Insurance rating is rated by 10Life, an insurance comparison platform. For more details, please visit: https://www.10life.com/ratings/term-ci/coverage-1M?locale=en
The Plan is offered by Generali Life (Hong Kong) Limited.
Remarks: All information on this webpage is for reference only. Terms and conditions apply. Please refer to the product brochure and Policy Provisions for details of terms and conditions, risk disclosures of the Plan.
Above product features do not contain the full provisions of the Plan and the full terms can be found in the Policy Provisions. For details of the definition of Major Critical Illnesses, Early Stage and Minor Illnesses, benefits, conditions for payment of claims, exclusions, risk disclosure and other items under the Plan, please refer to the Policy Provisions.
This Plan may serve as standalone plan(s) without bundling with other type(s) of insurance product. You are required to read the relevant product brochure, the Policy Provisions and the proposals presented by your Insurance Advisers or the Company’s Representatives in order to fully understand the details of the definitions, charges, product features, exclusions, and conditions of payment of claims, etc. plus complete terms and conditions.