Life Insurance

Life Insurance

China Construction Bank (Asia), an insurance agency appointed and authorized by AIA International Limited and FWD Life Insurance Company (Bermuda) Limited, distributes various types of life insurance products. The following are the examples of Life insurance products distributed by our Bank.

FWD Life Insurance Company (Bermuda) Limited - Important Notes for Non-linked Long Term Insurance

AIA International Limited - Important Notes for Non-linked Long Term Insurance

Remark: The above information is for reference only. Please refer to the policy of the relevant insurance plan(s) for the exact terms, conditions, coverage and exclusions.

Notes to customers:
  1. Please note that each insurance plan marked with the symbol "#" above comprises a savings element.

  2. Part of the premium pays for the insurance and related costs.

  3. If you are not happy with your policy, you have a right to cancel it within the cooling off period and obtain a refund of any premiums paid (less any market value adjustment which the insurer has the right to apply in the case of non-linked single premium life insurance policies). A written notice signed by you should be received by the insurer's Hong Kong Main Office within the cooling off period (that is, 21 days after the delivery of the policy or issue of a notice (informing you or your representative about the availability of the policy and expiry date of the cooling off period), whichever is the earlier). After the expiration of the cooling off period, if you cancel, the policy before the end of the term, the projected total cash value may be less than the total premium you have paid.

  4. Life insurance products are not equivalent to time deposits. They are not protected deposits, and are not protected by the Deposit Protection Scheme in Hong Kong.

Risk Disclosure:
Customers should not apply for any of the insurance policies based on the above information alone. You should read and understand the details of the insurance plan(s) (including but not limited to exact terms, conditions, coverage and exclusions) before any enrollment to assure that the insurance products meet their personal needs. Specific details, terms and conditions applicable to insurance products are set out in respective insurance policies to be issued by the relevant insurance companies.

If a policyholder discontinues and/ or surrenders the policy in the early policy years, the amount of the benefits he/ she will get back may be considerably less than the amount of the premiums he/ she has paid. Parts of the past, current, projected and/ or potential benefits and/ or returns (e.g. bonuses, dividends, interests) presented are not guaranteed and are for illustrative purposes only. The actual future amounts of benefits and/ or returns may be lower than or higher than the currently quoted benefits and/ or returns.

Credit Risk of the Insurer
The premium paid for the insurance policy will become part of the insurer's asset and so policyholders are subject to the credit and insolvency risk of the insurer.

RMB Currency Risk
RMB is currently not freely convertible and is subject to exchange controls and restrictions (which are subject to changes from time to time without notice). You should consider and understand the possible impact on your liquidity of RMB funds in advance. The fluctuation in the exchange rate of RMB may result in losses in the event that you convert RMB into other currencies.

Remark: Please refer to the offering documents for risks associated with the specific insurance product.

The information contained in this webpage is not a contract of insurance and is intended only as a general summary of the terms of insurance. The specific details, terms and conditions applicable to all insurance plans are set out in the respective Insurance Policies to be issued by relevant insurance companies.

This webpage does not constitute advice to buy or sell, or an offer with respect to any insurance products. The insurance products are issued and underwritten by AIA International Limited ("AIA") or FWD Life Insurance Company (Bermuda) Limited ("FWD Life"). AIA and FWD Life will be responsible for providing insurance cover and handling claims under their respective policies. AIA and FWD Life are authorized and regulated by the Insurance Authority to carry out life insurance business in Hong Kong. China Construction Bank (Asia) Corporation Limited is a distributor and is not an issuer of any insurance products.