15.5%(For annualised premium(2) of HKD1,500,000 or above(3))

14%(For annualised premium(2) of HKD1,000,000 - HKD1,499,999(3))

10%(For annualised premium(2) of HKD999,999 or below)

Insurance Savings Plans

MaxiPlus Annuity Life Insurance Plan

FutureEnrich Life Insurance Plan

PreciousWay Education Life Insurance Plan

SavourLife II (RMB) Annuity Life Insurance Plan

HarvestLife (RMB) Life Insurance Plan

Universal Life Insurance Plans

Customers will be entitled an up to 20% premium discount for

the first year upon successful application for any designated

life insurance plan with the designated amount of annualised

premium during the promotion period! The following Life

Insurance Plans are underwritten by Hang Seng Insurance

Company Limited.

Life Insurance Plan Offers(8 August to 5 September 2020)

Act Now! Customer Enquiry 2198 7838

3%The premium discount is based on initial premium

15%(For annualized premium(2) of HKD40,000 – $199,999(3))

Insurance Protection Plans

CompanionLife Insurance Plan

LifeBetter Critical illness Insurance Plan

EmbraceLife Insurance Plan

Premium discount for the first year (in percentage)

Other CustomersPrestige Signature Customers

10%(For annualized premium(2) of HKD199,999 or below)

15%(For annualized premium(2) of HK$200,000 – HKD1,999,999(3))

20%(For annualized premium(2) of

HK$2,000,000 or above(3))

19%(For annualized premium(2) of

HK$2,000,000 or above(3))

Selected Annuity Plan

FortuneLife Deferred Annuity Life Insurance Plan

20%*

(For annualized premium(1) of HKD200,000 or above(3))*Applicable to CompanionLife Insurance Plan paid with the annual payment mode only.

This offer lasts till 31 August 2020

18%

10%(For annualized premium(2) of HKD39,999 or below(3))

(For annualized premium(2) of HKD200,000 or above(3))

Exquisite Universal Life Insurance Plan

Exquisite Supreme Universal Life Insurance Plan

INSA

CQ

HB

08/2

0 (D

M)

Notes:

(1) Applicable to the annual premium payment mode only, and the premium rider is not included in the annualised premium.

(2) Rider premium is not included in the annualised premium. If the annual premium payment mode is selected, customer can enjoy

the above designated first-year premium discount upon payment of the premium for the first policy year. If the monthly payment

mode is selected, the applicable annualised premium for calculating the premium discount in the first policy year will be determined

by multiplying the monthly premium payment by 12; and the premium discount will be used to offset part of or all of the premium

payable starting from the third month, depending on the amount of premium discount available.

(3) If customer selects the US Dollar as the policy currency, the applicable annualised premium in the Hong Kong Dollar for calculating

the premium discount in the first policy year will be determined by multiplying the US Dollar premium payment by 8. If customer

selects the RMB as the policy currency (only applicable to HarvestLife (RMB) Life Insurance Plan and SavourLife II (RMB) Annuity

Life Insurance Plan), the applicable annualised premium in the Hong Kong Dollar for calculating the premium discount in the first

policy year will be determined by multiplying the RMB premium payment by 1.25.

Terms and Conditions of the premium discount offer in the first year ("Premium Discount Offer") for life insurance plans:

• The promotion period is from 8 August 2020 to 5 September 2020 (both days inclusive) ("Promotion Period").

• Application form of the life insurance plan of Hang Seng Insurance Company Limited ("Hang Seng Insurance") must be signed and

submitted within the Promotion Period.

• Hang Seng Insurance shall have the right to decide whether or not to accept the insurance application based on information

provided by the Policyholders or the Life Insured upon application.

• Premium Discount Offer is only applicable to Prestige Signature Banking Customers or other customers who successfully apply

for any of the designated Hang Seng Insurance life insurance plans as Policyholders.

• Premium Discount Offer is only applicable to personal customers but not applicable to corporate customers and any parties who

enjoy Hang Seng Bank staff privileges.

• If the Life Insured successfully applies for more than one policy during the Promotion Period, the Policyholder will be entitled to

the applicable premium discount according to the annualised premium of each relevant policy.

• Unless otherwise specified, this Premium Discount Offer shall not be used in conjunction with other premium discount offers.

• Hang Seng Bank Limited ("Hang Seng Bank") and Hang Seng Insurance reserve the right to suspend, vary or terminate the Premium

Discount Offer and to amend the terms and conditions of the Premium Discount Offer at any time without prior notice. Hang Seng

Bank and Hang Seng Insurance also reserve the right of final decision on all matters relating to the above offers, which shall be

binding on all parties concerned.

The FortuneLife Deferred Annuity Life Insurance Plan

The FortuneLife Deferred Annuity Life Insurance Plan is certified by the Insurance Authority (“IA”) as Qualifying Deferred Annuity Policy

(“QDAP”). However, the IA certification is not a recommendation or endorsement of the policy nor does it guarantee the commercial

merits of the policy or its performance. It does not mean the policy is suitable for all policyholders nor is it an endorsement of its

suitability for any particular policyholder or class of policyholders. The policy has been certified by the IA but such certification does

not imply official recommendation. The IA does not take any responsibility for the contents of the product brochure of the policy, makes

no representation as to its accuracy or completeness, expressly disclaims any liability whatsoever for any loss howsoever arising

from or in reliance upon the whole or any part of the contents of the product brochure of the policy. The QDAP status of this product

does not necessarily mean you are eligible for tax deduction available for QDAP premiums paid. This product’s QDAP status is based

on the features of the product as well as certification by the IA and not the facts of your own situation. You must also meet all the

eligibility requirements set out under the Inland Revenue Ordinance and any guidance issued by the Inland Revenue Department of

HKSAR before you can claim these tax deductions. Any general tax information provided is for your reference only, and you should not

make any tax-related decisions based on such information alone. Please note that only the premium paid net of any marketing offers

(e.g. discount, premium waiver, etc.) might be eligible for tax concession and the actual tax benefits of this Policy would depends on

personal tax position (e.g. salaries income and assessable profits) and you should always consult with a professional tax advisor if you

have any doubts. Please note that the tax law, regulations or interpretations are subject to change and may affect related tax benefits

including the eligibility criteria for tax deduction. We do not take any responsibility to inform you about any changes in the laws and

regulations or interpretations, and how they may affect you. Further information on tax concessions applicable to QDAP may be found

at www.ia.org.hk.

Information Disclosure

The above information is a product summary of information for reference only. Please refer to the promotion leaflets/flyers and

contracts for the important information such as detailed coverage, exact Terms and Conditions and exclusions of the relevant Life

Insurance Plans. Please refer to the product brochures for the relevant product risks.

The above Life Insurance Plans are underwritten by Hang Seng Insurance. Hang Seng Insurance is authorised and regulated by the

Insurance Authority of the HKSAR. Hang Seng Bank is an insurance agent authorised by Hang Seng Insurance Company Limited and

the insurance products are the products of Hang Seng Insurance Company Limited but not Hang Seng Bank. 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 Hang Seng Bank and you out of the selling process or processing of the related insurance product transaction,

Hang Seng Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual

terms of the insurance products should be resolved between Hang Seng Insurance Company Limited and you directly.