“Protect Starter” Critical Illness Protector

Cover multiple common Critical Illnesses including Cancer and Severe Heart Attack

In addition of covering 76 Critical Illnesses (including all the congenital conditions of the covered Critical Illnesses that have not been detected at or before the Policy issue), “Protect Starter” also offers a lump sum of Living Benefit^{1, 2, 3, 4} of various Severity Levels and protects the Insured until 100 years of age, which allows you to better cope with any unexpected medical and living expenses.

Provide continued protection with the Waiver of Premium Benefit

All future premiums payable under the basic plan will be waived from the Policy Monthly Anniversary immediately following the diagnosis date once a Living Benefit^{1, 2, 3, 4} for Severity Level 2 or 3 Critical Illnesses has been paid or is payable. The Insured can continue to enjoy the protection of the Plan until the Policy is terminated.

Get well preparation for family members with guaranteed Death Benefit^1,2,7

In the unfortunate event of the death of the Insured, the Death Benefit^{1, 2, 7} of up to 100% of the Sum Insured plus the terminal dividend⁶ (if any) will be paid, as a token of condolence for the family.

Offer Guaranteed Cash Value and non-guaranteed Terminal Dividend⁶

On top of life and Critical Illness benefits, "Protect Starter" also offers you the Guaranteed Cash Value starting from the Policy Anniversary of the Insured's 65 birthday or the end of premium payment period (whichever is later), plus the non-guaranteed terminal dividend⁶ (if any), to provide you a protection and reward your health as well.

For details, please refer to the At-a-Glance Table of Product Brochure.

Lock your Insurability at an early stage with Convertibility Privilege⁸

"Protect Starter" offers you an option - starting from the 5^th Policy Anniversary, you can choose to fully or partially convert the Sum Insured of this basic plan to our designated whole life or whole life Critical Illness protection plan, without provision of further evidence of the Insured’s insurability and subject to the then prevailing rules of the Company, in order to let you lock your insurability at an early stage.

Flexible premium payment period and premium prepayment options⁹

The Plan offers a premium payment period of 15, 20, 25 and 30 years. For policies with a 15-year premium payment period, you can choose a premium prepayment⁹ of 1 year, 3 years or 5 years, paying up the Plan with a lower cost.

Free Worldwide Emergency Assistance¹⁰

When you apply for “Protect Starter” Critical Illness Protector, you can access Free 24-Hour Worldwide Emergency Assistance Services¹⁰ specially dedicated to our honorable customers wherever you are. The maximum benefit (per incident) reaches up to USD 1,000,000, which includes emergency medical evacuation / repatriation, delivery of mortal remains and other services to ensure immediate support for you.

1. The aggregate total amount of all Living Benefit plus (i) Maturity Benefit or (ii) Death Benefit (as the case may be) paid or payable under the basic plan of this Policy shall not exceed the Sum Insured of the basic plan of this Policy, except for the case that the Insured dies after there is any Living Benefit for Severity Level 3 Critical Illness paid or payable, the aggregate total amount of all Living Benefits plus Compassionate Death Benefit under the basic plan of this Policy shall not exceed the Sum Insured of the basic plan of this Policy plus USD 1,000.
2. The aggregate total amount of all Living Benefit paid or payable for the Severity Level 1 and 2 Critical Illness(es) shall not exceed 90% of the Sum Insured. Living Benefit will cease immediately after any Living Benefit paid or payable for the Severity Level 3 Critical Illness. The aggregate total amount of Living Benefit of the Severity Level 1 and 2 Critical Illness(es) (if any) shall be deducted from the Living Benefit paid or payable for the Severity Level 3 Critical Illness or Death Benefit.
3. Irrespective of any Living Benefit paid or payable for any Severity Level 1 Critical Illness, the full premiums will continue to be payable without any reduction.
4. In case more than one Critical Illness is diagnosed in the same accident / illness, we will only pay the benefit relating to one of those Critical Illness for which the highest benefit amount is payable. In the event that the benefit amounts relating to all these Critical Illnesses are the same, we shall pay the benefit amount at our sole discretion for anyone, not all, of these Critical Illnesses. Please refer to the Policy Provisions for details.
5. Maximum total benefit (per Insured) is USD 50,000 for Carcinoma In Situ.
6. Terminal dividend is not guaranteed and will be payable after this Policy has been in force for a specified number of Policy Years, and the Company has the sole discretion over the distribution of the terminal dividend and its amount. The Company will consider the total amount of Living Benefits paid or payable and the amount that exceeds the Guaranteed Cash Value of the Policy (if any) before determining the distribution of terminal dividend and its amount. Newly announced terminal dividend is influenced by a number of factors, including but not limited to investment returns and market fluctuations, and the amount may be higher or lower than the amount previously announced. Terminal dividend will be paid upon the earliest of the following: (i) death of the Insured; (ii) the Living Benefit of Severity Level 3 Critical Illness is paid or payable under the basic plan of this Policy; (iii) Policy is fully or partially surrendered; (iv) the Convertibility Privilege is exercised and (v) Policy Maturity (the Policy Anniversary at which the Insured attained age of 100). We will pay the terminal dividend on the basic plan in accordance with the provisions of this Plan, deducting any Indebtedness thereunder.
7. If (i) the Insured is dead after Living Benefit has been paid or is payable for Severity Level 3 Critical Illness; and (ii) designated rider(s) attached to the plan is still in force, we will pay USD 1,000 as the Compassionate Death Benefit.
8. Convertibility Privilege is only applicable when: (i) the issue age of the Insured is below age of 60; (ii) the basic plan of this Policy is not issued with extra premium loading, exclusions or special terms and conditions; (iii) no Living Benefit under the basic plan of this Policy had been paid or is payable; and (iv) the Policy is in force and the Insured is still alive upon exercising Convertibility Privilege. Convertibility Privilege can be fully or partially converted and can only be applied and exercised once at the 5^th Policy Anniversary, the Sum Insured of the new converted plan must be an amount equals to or less than the Sum Insured of this basic plan. (i) If the Sum Insured of the basic plan of this Policy has been fully converted to the new converted plan, the basic plan of this Policy will be terminated immediately upon the conversion; or (ii) if the Sum Insured of the basic plan of this Policy has been partially converted to the new converted plan, the Sum Insured of the basic plan of this Policy will be reduced correspondingly; and (iii) once exercised the full conversion, the other rider(s) (if any) except the designated rider(s) will be terminated immediately after the conversion of this basic plan, your payment of additional premium (if required) for the new converted plan.
9. The premium prepayment option is only applicable to policies with 15 years premium payment period and an annual premium payment mode. Prepaid premium will be credited to your Premium Deposit Account and accumulate at the prevailing interest rate offered at that time (the current interest rate offered is 2% per annum, but is not guaranteed). You may withdraw the entire amount from the Premium Deposit Account (i) before the end of premium payment period; (ii) a Living Benefit has been paid or payable for Severity Level 2 or 3 Critical Illness; or (iii) before policy termination, whichever is the earliest, but any interest credited will be forfeited. The Company reserves the right of final decision on any withdrawal requests on the Premium Deposit Account. Any remaining balance in your Premium Deposit Account will be refunded upon (i) policy termination; (ii) a Living Benefit has been paid or payable for Severity Level 2 or 3 Critical Illness; or (iii) at the end of the premium payment period of the Policy, whichever is the earliest. If the amount in the Premium Deposit Account is not sufficient to pay the premium, the Policy Owner is required to make up the difference, by which you are required to pay outstanding premiums so that the Policy shall remain effective. Otherwise, the Policy will be terminated or subject to an automatic premium loan so that the Policy shall remain effective. The termination of the Policy will result in loss of protection. In case of early termination of the Policy, you may also suffer material loss. If the Insured passes away, the sum in the Premium Deposit Account will become the property / estate of the Policy Owner, which will not form part of the payment to the Beneficiary(ies).
10. Free Worldwide Emergency Assistance Services is provided by the third party service provider. Chow Tai Fook Life Insurance Company Limited reserves the right to change the terms and conditions of Free Worldwide Emergency Assistance Services and assumes no responsibility of the services provided by the third party service provider.
11. If the Critical Illness is diagnosed in a Hospital in the People's Republic of China (except Hong Kong and Macau), we will pay the benefit only if the Critical Illness as classified by the government of the People's Republic of China or in a Hospital which is in the list of approved hospitals as determined by CTF Life from time to time (applicable to non-Hong Kong residents only).