Well Protect 5-Year Renewable Term Life Plan

Life is always full of unpredictable things, and you need to make sure your loved ones have enough protection to keep going on when the unfortunate happens to you. Well Link Life's Well Protect 5-Year Renewable Term Life Plan provides the essential life cover at affordable premiums, with guaranteed renewability up to age 85. It meets the protection needs that you and your loved ones have at different life stages.

Key Feature
Product Summary

Affordable premiums for essential life protection

Coming at affordable premiums, the Plan provides an essential life protection. If the life insured passes away, the beneficiary will receive a Death Benefit equivalent to the sum insured (less any indebtedness). The Plan ensures your loved ones are taken care of should the unfortunate occurs.

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Coming at affordable premiums, the Plan provides an essential life protection. If the life insured passes away, the beneficiary will receive a Death Benefit equivalent to the sum insured (less any indebtedness). The Plan ensures your loved ones are taken care of should the unfortunate occurs.

Renewable every 5 years, with guaranteed renewability up to age 85

The Plan has a benefit term of 5 years, and is renewable every 5 years, with guaranteed renewability up to age 85 of the life insured.

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The Plan has a benefit term of 5 years, and is renewable every 5 years, with guaranteed renewability up to age 85 of the life insured.

Convertibility to whole life insurance plan

At any time before the life insured's 70th birthday, you may convert¹ all or part of the sum insured of the Plan to a permanent life insurance plan² without any evidence of insurability.

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At any time before the life insured's 70th birthday, you may convert¹ all or part of the sum insured of the Plan to a permanent life insurance plan² without any evidence of insurability.

Supplementary Benefits Available for Extra Protection

To provide even more protection for your loved ones in the event of unfortunate circumstances, you can choose to add supplementary benefits to ensure the continuous protection under the basic plan. Supplementary benefits are subject to additional premiums, underwriting and terms and conditions. All benefits under the supplementary benefits will end when the Plan is terminated.

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To provide even more protection for your loved ones in the event of unfortunate circumstances, you can choose to add supplementary benefits to ensure the continuous protection under the basic plan. Supplementary benefits are subject to additional premiums, underwriting and terms and conditions. All benefits under the supplementary benefits will end when the Plan is terminated.

Remarks:

¹This conversion option:

(a) only applies to a policy of the Plan without any loading. It does not apply to any supplementary benefits attached to such policy; and

(b) is subject to the specified conditions as well as administrative rules (including the permanent life insurance plan available for conversion as specified by the Company from time to time and the minimum sum insured limit) of the Company at the time of conversion.

²The total sum insured (including any additional coverage) of the new permanent life insurance plan cannot exceed the sum insured of the Plan.

Well Protect 5-Year Renewable Term Life Plan

Product Type:

Basic Plan

Issue Age

Age 18 to 70

Benefit Term:

Renewable every 5 years, with guaranteed renewability up to age 85 of the life insured.

Premium Payment Mode:

Annual / monthly

Policy Currency:

HK$ / US$

Minimum Sum Insured:

HK$400,000 / US$50,000

Maximum Sum Insured:

Subject to underwriting decision

Death Benefit:

Equals to:

(a) sum insured at time of life insured's death; less

(b) any indebtedness.

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Product Brochure

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Product Brochure (PDF 1.07 MB)

Note:

1. This plan is underwritten by Well Link Life Insurance Company Limited.

2. The above content contains general information for reference only and does not form part of the policy. Please refer to the policy document for benefit coverage and exact terms and conditions. For enquiries, please contact our Insurance Consultants, or call our Customer Service Hotline at +852 2830 7500.

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