Life Insurance Plan Reward

Enjoy up to HK$6,800 Cash Reward with Diverse Insurance Plans that Support Your Life Planning

CCB (Asia) provides a wide range of insurance plans to support you in fulfilling your life’s different financial goals and needs. During the promotion period from now until March 31, 2024, CCB (Asia) customers can enjoy the following offers!
1
Up to HK$6,800 Cash Reward1
Eligible Customers2 who have successfully applied for designated basic life insurance plan3 with the relevant policy issued during the promotion period and fulfilled the designated aggregated first year premium amount can enjoy cash reward of up to HK$6,800.
Type of Eligible Insurance Policy Aggregated First Year Premium Amount*
(HKD or equivalent)		 Life Insurance Plan Cash Reward
New PREMIER BANKING Customers^ Other Eligible Customers
Single Pay Products# HK$2,000,000 – below HK$3,000,000 HK$1,300 HK$1,200
HK$3,000,000 – below HK$5,000,000 HK$2,200 HK$2,000
HK$5,000,000 – below HK$8,000,000 HK$3,800 HK$3,500
HK$8,000,000 or above HK$6,000 HK$5,500
Regular Pay Products HK$100,000 – below HK$400,000 HK$250 HK$200
HK$400,000 or above HK$800 HK$700
#Eligible Single Pay Products do not include Easy WealthPlus Endowment Plan.
*The aggregated first year premium amount does not include the levy and only the net premium payment after discount will be calculated.
^New PREMIER BANKING customers are defined as customers who become the Bank’s PREMIER BANKING customers within the Promotion Period and have neither maintained any accounts in sole name or joint name nor used any of the Bank’s banking products or services (excluding credit card accounts) in the past 12 months before account opening.  
2
Up to 40% Discount on First Year Premium at Policy Inception4
Make an appointment with our professional advisors to learn more now!

Enjoy Up to HK$5,000 Welcome Rewards and Fabulous Wealth Management Offers for new PREMIER BANKING customers!

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Remarks:

  1. Each Eligible Customer can enjoy the Life Insurance Plans Cash Reward for single pay products and regular pay products once respectively. The cap for the cash reward is HK$6,800 and HK$6,200 for eligible new PREMIER BANKING customers and other eligible customers respectively. The relevant Eligible Insurance Policy(ies) should remain in force at the time of receipt of Life Insurance Plans Cash Reward. Otherwise, the related cash reward will be forfeited. For new PREMIER BANKING customers, they must still be a valid PREMIER BANKING customer of the Bank when receiving the cash reward; otherwise, customers will only be entitled to receive the cash reward designated for other eligible customers.
  2. Only applicable to Eligible Customers who have not been issued with any life insurance policy from June 1, 2023 to November 30, 2023 (both dates inclusive) through the Bank.
  3. Eligible Customers are required to successfully apply for designated basic life insurance plan(s) (including Single Pay or Regular Pay Product, but exclude Easy WealthPlus Endowment Plan), which are distributed by the Bank and issued by AIA International Limited (Incorporated in Bermuda with limited liability) or FWD Life Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability) via any branch of the Bank and the relevant policy must be issued during the Promotion Period (“Eligible Insurance Policy”) in order to enjoy the relevant cash reward, on the condition that the aggregated first year premium amount (excluding the levy and only the net premium payment after discount will be calculated) of the Eligible Insurance Policy(ies) reaches the designated tiers as set out above.
  4. Applicant must sign and submit the insurance application form together with payment of the net premium and insurance levy (levy is calculated on the premium after discount) in designated payment mode through the Bank and successfully applied dedicated insurance plan within the Promotion Period.
The above offers and services are bound by related terms and conditions. For details, please refer to below terms and conditions.
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Enquiry Hotline : 2903 8343

Terms & Conditions
Life Insurance Plan Reward Promotion (“Promotion”) Terms and Conditions
  1. The promotion period is from December 1, 2023 to March 31, 2024, both dates inclusive (“Promotion Period”).
  2. The Promotion is only applicable to personal banking customers of China Construction Bank (Asia) Corporation Limited (“Bank”) who hold any Savings Account or Checking Account (in sole name or joint names) of the Bank; but not applicable to staff of the Bank and the Bank’s affiliates, Private Banking customers, Private Wealth customers, Commercial Banking customers, corporate customers and Capital Investment Entrant Scheme customers of the Bank.
  3. For accounts in joint names, only the primary account holder will be eligible for the reward. The Bank reserves the right to determine the eligibility of a customer to this Promotion.
  4. The Promotion is only applicable to customers who have not been issued with any life insurance policy from June 1, 2023 to November 30, 2023 (both dates inclusive) through the Bank (“Eligible Customers”).
  5. Eligible Customers are required to successfully apply for designated basic life insurance plan(s) (including Single Pay or Regular Pay Product, but exclude Easy WealthPlus Endowment Plan), which are distributed by the Bank and issued by AIA International Limited (Incorporated in Bermuda with limited liability) (“AIA”) or FWD Life Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability) (“FWD”) via any branch of the Bank and the relevant policy must be issued during the Promotion Period (“Eligible Insurance Policy”) in order to enjoy the following cash reward (“Life Insurance Plans Cash Reward”), on the condition that the aggregated first year premium amount (excluding the levy and only the net premium payment after discount will be calculated) of the Eligible Insurance Policy(ies) reaches the designated tiers as set out below.
    Type of Eligible Insurance Policy Aggregated First Year Premium Amount* (HKD or equivalent) Life Insurance Plans Cash Reward
    New PREMIER BANKING Customers^ Other Eligible Customers
    Single Pay Products# HK$2,000,000 - below HK$3,000,000 HK$1,300 HK$1,200
    HK$3,000,000 - below HK$5,000,000 HK$2,200 HK$2,000
    HK$5,000,000 - below HK$8,000,000 HK$3,800 HK$3,500
    HK$8,000,000 or above HK$6,000 HK$5,500
    Regular Pay Products HK$100,000 - below HK$400,000 HK$250 HK$200
    HK$400,000 or above HK$800 HK$700
    #Eligible Single Pay Products do not include Easy WealthPlus Endowment Plan.
    *The aggregated first year premium amount does not include the levy and only the net premium payment after discount will be calculated.
    ^New PREMIER BANKING customers are defined as customers who become the Bank’s PREMIER BANKING customers within the Promotion Period and have neither maintained any accounts in sole name or joint name nor used any of the Bank’s banking products or services (excluding credit card accounts) in the past 12 months before account opening.

    The above insurance products are issued and underwritten by AIA or FWD. AIA and FWD will be responsible for providing insurance cover and handling claims under their respective policies. AIA and FWD are authorized and regulated by the Insurance Authority to carry out life insurance business in Hong Kong. The Bank is a distributor and is not an issuer of any insurance products.

  6. Each Eligible Customer can enjoy the Life Insurance Plans Cash Reward for single pay products and regular pay products once respectively. The cap for the cash reward is HK$6,800 and HK$6,200 for eligible new PREMIER BANKING customers and other eligible customers respectively.
  7. For details about terms and conditions applicable to insurance products, please refer to the respective insurance policies issued by the relevant insurance company(ies).
  8. The calculation of the Aggregated First Year Premium Amount of Eligible Insurance Policy will be calculated in Hong Kong Dollar. If the relevant Eligible Insurance Policies are executed in foreign currency, the prevailing exchange rate as quoted by the Bank on the date as determined by the Bank will be adopted to calculate the Aggregated First Year Premium Amount of Eligible Insurance Policy.
  9. The Bank reserves the right to determine the Aggregated First Year Premium Amount of Eligible Insurance Policy based on the Bank’s system record and verify the Eligible Customer’s transactions record in calculating the Eligible Customer’s eligibility. The Aggregated First Year Premium of Eligible Insurance Policies shall be counted once under this Promotion. In case of any dispute, the Bank’s decision shall be final and binding.
  10. The Bank will credit the cash reward to the Eligible Customer’s Packaged Banking Settlement Account or the HKD Savings / Checking account (excluding “Step Up Savings Account”) with the latest account opening date maintained with the Bank on or before June 30, 2024. An Eligible Customer must fulfill the conditions of the Promotion and maintain as the Bank’s valid Packaged Banking/General Banking customer at the time of receipt of cash reward. The relevant Eligible Insurance Policy(ies) should remain in force at the time of receipt of Life Insurance Plans Cash Reward. Otherwise, the related cash reward will be forfeited. For new PREMIER BANKING customers, they must remain a valid PREMIER BANKING customer of the Bank when receiving the Cash Reward; otherwise, customers will only be entitled to receive the Cash Reward designated for other eligible customers.
  11. If an Eligible Customer is entitled to the above offer in conjunction with other promotional offers, the Bank reserves the right to grant part or all of the offers entitled by the Eligible Customer.
  12. The Bank reserves the right to vary, suspend and terminate the Promotion and to vary or modify any of these Terms and Conditions from time to time without prior notice. In case of any disputes, the decision of the Bank shall be final and binding.
  13. If there is any inconsistency between the English and Chinese versions of these Terms and Conditions, the English version shall prevail.
Up to 40% Discount on First Year Premium at Policy Inception Terms and Conditions
  1. The promotion period of the premium discount offer as stipulated above (“Offer”) is between January 1, 2024 to March 31, 2024 (both dates inclusive) (“Promotion Period”).
  2. This Offer is only applicable to the customers who successfully applied dedicated insurance plan in designated payment mode through China Construction Bank (Asia) Corporation Limited (“CCB (Asia)”) (License No: FA3132).
  3. Applicant must sign and submit the insurance application form together with full payment of the net premium and insurance levy (levy is calculated on the premium after discount) within the Promotion Period.
  4. The eligible customers are only required to pay the net premium payment (i.e. after deducting the premium discount) and insurance levy (levy is calculated on the premium after discount).
  5. This Offer cannot be used in conjunction with any other promotional offer.
  6. If the customer cancelled the policy during the cooling off period or the application is not accepted, he/she will obtain a refund of the net premium and levy paid.
  7. All matters and disputes related to this Offer will be subjected to the final decision of CCB (Asia) and/or the insurance company(ies) which also reserve the right to vary, suspend or terminate this Offer and to modify any of these Terms and Conditions from time to time without prior notice.
  8. For details and terms and conditions applicable to insurance products, please refer to the respective insurance policies issued by the relevant insurance company(ies).
Risk Disclosure
Customers should read the sales documents, including product brochure, benefit illustration (if applicable) and policy documents and provisions issued by relevant insurance company to understand the details of the insurance plan (including but not limited to detailed terms, conditions, coverage, exclusions, fees and product risks) and consider whether the insurance product meets their personal needs before application. Policyholders are subject to the credit risk of relevant insurance company.

For life insurance product, an insurance plan may comprise a savings element. Part of the premium will be paid for the insurance and related costs. If a customer is not completely satisfied with his/her life insurance policy, the customer has a right to cancel it within the cooling off period and obtain a refund of relevant premium and levy paid. To exercise such right, a notice of cancellation signed by the customer must be received by relevant insurance company’s Hong Kong Main Office within the cooling off period (i.e. within 21 calendar days immediately following either the day of the delivery of the policy or delivery of a Cooling-off Notice (stating the availability of the policy and expiry date of the cooling off period) to the customer or the customer’s nominated representative, whichever is the earlier). After the cooling off period is expired, if a customer cancels the policy before maturity, the surrender value may be less than the total premium the customer has paid.

Disclaimers
China Construction Bank (Asia) Corporation Limited (Insurance Intermediary License No: FA3132) (“the Bank”) is the appointed insurance agency of AIA International Limited (incorporated in Bermuda with limited liability) (“AIA”), FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability) (“FWD Life”), QBE Hongkong & Shanghai Insurance Limited (“QBE Hong Kong”) and China Taiping Insurance (HK) Company Limited (“CTPI(HK)”), to distribute life and general insurance products in the Hong Kong Special Administrative Region. Relevant life and general insurance products are the products of the insurance companies but not the Bank. The above life insurance products are issued and underwritten by AIA or FWD Life. AIA and FWD Life are authorized and regulated by the Insurance Authority (“IA”) to carry on long term insurance business in the Hong Kong Special Administrative Region; the above general insurance products are underwritten by QBE Hong Kong or CTPI(HK). QBE Hong Kong and CTPI(HK) are authorized and regulated by the IA to carry on general insurance business in the Hong Kong Special Administrative Region. Please refer to the sales documents, including product brochure, benefit illustration (if applicable) and policy documents and provisions issued by relevant insurance companies for details (including but not limited to insured items and coverage, detailed terms, key risks, conditions, exclusions, important notes, policy costs and fees) of the life or general insurance products. AIA, FWD Life, QBE Hong Kong and CTPI(HK) reserve the right to decide at each of their sole discretion to accept or decline any application for life or general insurance product according to the information provided by the proposed Insured (if applicable) and the customer at the time of application. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and the customer out of the selling process or processing of the related transaction, the Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer; however, any dispute over the contractual terms of the life or general insurance product should be resolved between the insurance company and the customer directly. Information on this website is intended to be distributed in the Hong Kong Special Administrative Region (“Hong Kong”) for reference only, and shall not be construed as an offer to sell or a solicitation of an offer or recommendation to purchase or sale or provision of any insurance product in or outside Hong Kong.

Pursuant to the Insurance (Levy) Regulation (Cap. 41I) and the Insurance (Levy) Order (Cap. 41J) under the Insurance Ordinance (Cap. 41), the IA collects levies for insurance premiums from policyholders with effect from 1 January 2018. For further details, please visit the website of IA. For the latest information about the IA, please visit https://www.ia.org.hk. For the latest information about The Insurance Complaints Bureau, please visit https://www.icb.org.hk.