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ACE Life Hong Kong Launches the One Accident Protector

ACE Life Hong Kong
2014-03-04 15:26 4341

Customers can enjoy lifelong protection against unexpected accident at a fixed premium payment period

HONG KONG, March 4, 2014 /PRNewswire/ -- ACE Life Insurance Company Ltd. (Incorporated in Bermuda with Limited Liability) ("ACE Life in Hong Kong"), part of the ACE Group, announced today the launch of The One Accident Protector, an integrated accident plan which provides customers lifelong and comprehensive accidental protection and cash benefit at an affordable premium.  It also comes with an exclusive one-year free family accidental protection covering their beloved family members in the first year.

The One Accident Protector, which can be purchased as a basic plan or a rider, offers a number of benefits to customers, including

  • A comprehensive accidental protection covering accidental death up to the age of 100, accidental dismemberment, and total and permanent disability up to the age of 75.
  • One-year free family accidental protection, which provides accidental death and accidental dismemberment benefits covering the customers' spouse and children.
  • Double Indemnity - In the event of death or dismemberment due to an accident while a customer is riding as a fare-paying passenger on any public conveyance or airline, in an elevator or in a burning public building, accidental death or accidental dismemberment benefit will be doubled, helping him / her to relieve the financial stress caused by the accident.
  • The worldwide emergency assistance services, such as lost luggage assistance, medical evacuation, repatriation, etc. so that customers can explore the world without worries.

The One Accident Protector offers two premium payment periods -- 10 and 20 years -- for customers to choose from where premiums are affordable. For example, for an insured aged 50 or below with 20-year premium payment period selected, customers can enjoy the comprehensive accident coverage solution offered by The One Accident Protector at an average premium of as low as HK$92 per month. In addition, to provide financial flexibility upon non-accidental death, surrender or maturity, a cash benefit will be payable starting from the end of the third year. The longer The One Accident Protector is in force, the higher the cash benefit is payable, which is up to 100% of the relevant premium amount.

Diana Kwan, Chief Marketing Officer, ACE Life in Hong Kong, said, "At ACE Life, we are committed to providing our customers and their families with a long-term financial security through the offering of different insurance products that meet their specific protection needs. We understand that accidents are unpredictable and unavoidable and they can be distressing and life-altering. We are pleased to launch The One Accident Protector, which not only offers comprehensive and lifelong accidental protection to our customers, but also to their family members with the one-year free family accidental protection. In addition, it provides customers the flexibility to choose between plan type and premium payment terms that fit their financial needs. With the launch of The One Accident Protector, we aim to help our customers and their families to prepare for the unexpected and relieve the financial pressure in the event of an accident."

From now until 31 March 2014, customers can enjoy 12% Super Bonus upon any successful application of The One Accident Protector rider and Golden Touch Saver Plan or Golden Touch ULife Plan with a premium payment term of 10 years or above.

Product information, including the benefits, terms and conditions of The One Accident Protector, are included in the respective product fact sheet and policy documents. For the details of the Super Bonus campaign, please refer to the relevant promotional leaflet.

Source: ACE Life Hong Kong
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