Critical Illness Guardian Insurance Plan

We can't predict the future, but we can be prepared for it!

 

An unpredictable critical illness such as cancer can throw a life into chaos. It not only brings about physical and emotional pain, but also tremendous financial burden - a sudden reduction in family income, coupled with huge medical expenses for the treatments of a critical illness, rehabilitation services, special drugs and supplements, and other expenses during the recovery period. What if it’s cancer?  There is possibility of relapse after cure.  The advancement of medical technology can cure many critical illnesses. With rehabilitation, we can enjoy our lives afterwards.

Key Benefits:

180%# Sum Assured of “critical illness” compensation

Maximum 3 times “special diseases”^ compensation

Multiple cancer benefit in the Enhanced Plan strengthens cancer protection

Maximum 2 times of guaranteed Cash Coupon for your retirement pocket money

Integration of “critical illness”, multiple cancer benefit, Cash Coupon, accident, and life protection

The Critical Illness Guardian Series (the “Series”), which includes the Critical Illness Guardian Insurance Plan (the “Basic Plan”) and the Critical Illness Guardian Insurance Plan (Enhanced) (the “Enhanced Plan”), are comprehensive and flexible critical illness plans which offer protection againstcritical illness” and “special diseases”. In addition, multiple cancer benefit is provided by the Enhanced Plan for more advanced protection to let you focus on rehabilitation and move worry-free towards changes.

Critical Illness Guardian Insurance Plan

 

#Before the Policy Anniversary immediately following the Insured’s 66th birthday

^Please refer to the "Covered diseases under "special diseases benefit" in the Covered Illnesses Table.

 

 

 

180% “critical illness” compensation

The Series provides protection against 60 “ critical illnesses” including cancer, stroke and heart-related illnesses. The impact of a sudden “critical illness” for middle-age individuals with successful careers is huge due to their heavy family burden. If the Insured is diagnosed with any of the covered “critical illnesses” prior to the 66th-age Policy Anniversary, the compensation equal to 180% of the Sum Assured will be offered. If the Insured is diagnosed with any one of the covered “critical illnesses” on or after the Policy Anniversary immediately following the Insured's 66th birthday, the compensation will be equal to 100% of the Sum Assured. Nevertheless, the terminal dividend (non-guaranteed) 1(if any), less all Indebtedness (if any) and benefits already paid (if any), will be included in the pay-out amount. This policy will be terminated immediately after the “critical illnesses” benefit is paid2.

 

Please refer to the table summary of the Covered Illnesses Table for the listing of covered “critical illnesses”.

 

Maximum 3 times of “special diseases” compensation

The Series provides coverage for 19 “special diseases”3 organised into four groups, including Carcinoma-in-situ3, Early Thyroid or Prostate Cancer, Autism, Severe Obstructive Sleep Apnoea and Severe Asthma, among others. In each group, the Insured will receive a cash advancement of an amount equivalent to 20% of the current Sum Assured of the Basic Plan (already reflected any adjustment of the Sum Assured or any deduction of claim payment (if any) already made by the Plan).The maximum number of claims is 3 times for 4 groups altogether and subject to a maximum total limit of HKD550,000/ MOP550,000/USD68,750 per Insured (whichever is earlier)3.The Sum Assured of the Basic Plan will be reduced after the payment of a claim while the Premiums and cash value of the plan will be adjusted accordingly.

Assuming the Insured enrol in the plan with the Sum Assured of MOP1,000,000, if he/she is diagnosed by a government-recognised Registered Medical Practitioner of having one of the covered “special diseases”, the benefit payable will be MOP200,000 (20% of MOP1,000,000 current Sum Assured of the Basic Plan). The Sum Assured of the Plan will be reduced to MOP800,000. With no claim in a few years, the Insured is diagnosed by a government recognized Registered Medical Practitioner of having another one of the covered Special diseases of another group (except Carcinoma-in-situ), the benefit payable will be MOP160,000, which means 20% of MOP800,000 current Sum Assured of the Basic Plan (no other kind of claim in between of these 2 “special diseases”). The Sum Assured of the Plan will be reduced to MOP640,000,

Please refer to the table summary of the covered Illnesses Table for a listing of "special diseases".

 

(Enhanced Plan Only) Multiple Cancer Benefit :

Cancer relapse is common. The Enhanced Plan’s multiple cancer benefit offers all the benefits provided in the Basic Plan, and also provides multiple cancer claims protection to suit your need for stronger protection. The maximum number of cancer claims for this benefit is 3 times4. If the Insured is diagnosed of 1st cancer before the Policy Anniversary of the age of 66, the compensation equals to 180% of the original Sum Assured and the maximum 2 times for following cancers will be compensated at 100% of the original Sum Assured.  The date of diagnosis between each cancer must be separated by at least 3 years (the beginning and ending dates inclusive) 4.  The Insured still have appropriate protection even cancer relapse happens and are fully enrolled in rehabilitation.

For the Enhanced Plan, no further premium is needed and the Insured can still enjoy the protection of multiple cancer benefits with peace of mind if the first compensation of the “critical illness” benefit is cancer. If the first compensation for critical illness” is not cancer, the Enhanced Plan will be terminated after the compensation is paid.

 

Life and Extra Accidental Death Benefit and Maturity Benefit

The Series provides protection until the Insured reach the age of 100. If the Insured passes away, the Beneficiary will receive a death benefit equal to 100% of the current Sum Assured of the Basic Plan, plus terminal dividend (non-guaranteed)1 (if any), accumulated guaranteed Cash Coupon5 with interest (if any), and less all Indebtedness (if any). An additional lump sum of 100% the current Sum Assured of the Basic Plan for accidental death6 compensation will be paid if accidental death happens before the insured’s 66 years old. The Policy will reach its maturity at the Insured’s age of 100 and the Insured will receive a sum of maturity benefit equivalent to the current Sum Assured of the Basic Plan (the terminal dividend1 (if any), and accumulated guaranteed Cash Coupon5 with interest (if any), and less all Indebtedness (if any) of the policy).

 

Guaranteed Cash Coupons

The Insured will receive guaranteed Cash Coupon5 for maximum 2 times. When the Insured reaches the Policy Anniversary at the age of 70, a 1st time guaranteed Cash Coupon equivalent to 10% of the current sum assured of the Basic Plan will be distributed. The 2nd time guaranteed Cash Coupon equivalent to 10% of the current Sum assured of the Basic Plan will be distributed when the Insured reaches the Policy Anniversary at the age of 80. The guaranteed Cash Coupons benefit is still applicable even when the "special diseases" benefit is paid. However, once "critical illnesses" benefit is paid, no guaranteed Cash Coupon will be distributed.

 

Non-guaranteed Terminal Dividend1

Terminal dividend (non-guaranteed)1 will be paid when the death benefit, 1st time "critical illness" benefit, surrender of policy or policy maturity occurs. If one of the above-mentioned incident happens within the policy year, the amount of terminal dividend will be based on that at the end of previous Policy Anniversary.

 

Second Medical Opinion

Through the professional advice of the second professional medical unit7, assist in the provision of illness treatment reference materials.

 

Worldwide Emergency Assistance Service8

If the Insured is diagnosed with an illness or is injured in an accident outside of Hong Kong, he or she will enjoy comprehensive coverage under the free 24-hour Worldwide Emergency Assistance Service.

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Enrolment Terms

Issue Age
Premium Payment Term9 Issue Age
10 Years From 15 days to the age of 60
15 Years From 15 days to the age of 55
20 Years From 15 days to the age of 50
Benefit Term HK Dollar or Macau Pataca or US Dollar
Policy Currency To age 100 of the Insured
Premium Payment Method Annual, semi-annual, quarterly, monthly, Annual and prepayment of Premium10
Minimum Sum Assured HKD100,000 or MOP100,000 or USD12,500

 

Notes

  1. Terminal dividend (non-guaranteed) will be distributed in a one-time sum and is not attached to the plan permanently. Terminal dividend may become zero in some circumstances. The payment amount due to surrender will be lower than other cases.
     
  2. The “critical illness benefit will be paid to the Insured who is still alive within 14 days from the date of diagnosis (both dates inclusive). If the Insured who is still alive has not reached age 18, the “critical illness” benefit will be paid to the policyholder. Upon any claim paid for the “Critical Illness” benefit:  (1)  if the “Critical Illness” benefit is paid for “Critical Illnesses” except cancer, this Policy shall then be terminated; or  (2) if the “Critical Illness” benefit is paid for Cancer: (i) undue Premiums of the Basic Plan can be waived afterwards. Premium should continuously be paid during the claim procedure until the claim is approved by the Company. The waiver of premium will be exercised regards to the Premium payment mode of this Policy (i.e. in monthly, quarterly, semi-annually or annually); (ii) liability of this policy is limited to the multiple cancer benefit only and the maturity benefit, death benefit, accidental death benefit, Cash Coupon, "special diseases" benefit, “critical illness” benefit shall cease afterwards; and (iii) the Sum Assured, the Premium and the Cash Value of this Policy and the attached riders (if any) shall be reduced to zero after the “critical illness” benefit is paid.
  1. The maximum number of claims for group 1 is 2 times.  However, the 2nd claim for Carcinoma-in-situ should be for a different organ from the 1st claim.   If the Insured is covered under this plan and its rider(s) and same benefit underwritten by the Company, the Insured will receive the highest amount of the compensation for this benefit among all these plans (whichever is higher).
     
  2. After the "critical illness" benefit is paid, if the next cancer is diagnosed by a registered doctor and is confirmed it is under the "critical illnesses", in which this cancer is diagnosed at least 3 years (the beginning and ending dates inclusive) after the 1st claim of cancer and under one of the following conditions for compensation: (a) a new cancer that has not been previously associated with the claimed cancer; or (b) a relapsed cancer or metastatic cancer that has previously been claimed; or (c) a cancer that has previously been claimed and the Insured has received or is undergoing a medical treatment necessary and active treatment between the previous cancer and the subsequent diagnosis date between the cancer and subsequent cancer (the beginning and ending dates inclusive).  Regarding to Multiple Cancer Benefit, Insured is required to be still alive within 14 days from the date of diagnosis (both dates inclusive) of cancer.
     
  3. The customer may withdraw the distributed guaranteed Cash Coupons at any time where withdrawal charge will not be applied.  However, the account value and death benefit may be affected in case of withdrawal.
     
  4. If the Insured suffers from Accidental injury caused by an Accident, and dies from the Accidental injury within 180 days from the date of the occurrence of the Accidental injury (both dates inclusive).
     
  5. The 2nd medical opinion is provided by third party supplier(s) Mediguide appointed by China Life (Overseas). China Life (Overseas) is not the service provider, and is not liable for the service quality provided. China Life (Overseas) reserves the right to amend the terms and conditions thereof from time to time without prior notice
     
  6. 24-hour Worldwide Emergency Assistance Service is provided by Inter Partner Assistance Hong Kong Limited. The provision of services is subject to the terms and conditions of the Inter Partner Assistance Hong Kong Limited. China Life (Overseas) reserves the right to amend the terms and conditions thereof from time to time without prior notice.
     
  7. A policy fee of HKD200/MOP200/USD25 (depending on Policy currency) will be charged during the Premium payment term. The fee will be charged together with the Premium.
     
  8. If customers opt for the Annual and Prepayment of Premium, they can withdraw the unused prepaid Premium (including interest, if any) at one time and China Life (Overseas) will charge 2% of the withdrawal amount as withdrawal fee. The minimum fee will be HKD100 or MOP100 or USD12.5. Customers can withdraw the unused prepaid Premium once only.

Important Information

This product brochure is for reference only. Please refer to the Policy documents for the complete definitions of the capitalised terms, as well as all the terms and conditions of this product. You are reminded to review all of the relevant product materials provided to you and to seek independent professional advice if necessary.

 

  1. The Policy is underwritten by China Life Insurance (Overseas) Company Limited (“China Life (Overseas)” or "us/we/our"). China Life (Overseas) is responsible for the features, underwriting and benefit payments under the Policy. You should fully understand all of the risks involved in this product and consider whether this product is affordable and suitable to you before making your application.

 

  1. China Life (Overseas) shall make the final decisions on the underwriting and claims. We shall rely on your submitted information to assess whether to accept or decline your application, and shall refund any Premium paid without interest for declined cases.

 

  1. Exclusion: Applicable to "special diseases", "critical illnesses", and Multiple Cancer benefit (if applicable) - any claims directly or indirectly caused by or resulting from the following conditions will not be covered:
  1. any Illness commences and manifests itself within 90 days from the Issue Date or any date of reinstatement, whichever is later (except by accident);
  2. congenital or pre-existing conditions when applying for the Policy from the Issue Date or any date of reinstatement, whichever is later (except by autism);
  3.  the date of diagnosis of Early Thyroid or Prostate Cancer is earlier than the Insured’s 70 years old birthday.
  4. Infection of any disease caused by human immunodeficiency virus (HIV), including acquired Immunodeficiency Syndrome (AIDS) or AIDS-related complex (except number 2 and number 38 of Critical Illnesses);
  5. suicide or self-inflicted injuries (whether sane or not) which caused by the disease or surgery;
  6. drug-taking other than under the direction of a qualified medical practitioner, abuse of alcohol or the taking of poison;

 

Applicable to Accidental Death Benefit - any claims directly or indirectly caused by or resulting from the following conditions will not be covered:

  1. War, act of hostility (whether war declared or not), civil war, riots or any military actions;
  2. Rebellion, civil commotion, strike or activities of terrorism;
  3. Contamination resulting from nuclear weapons, ionizing radiation, nuclear fuel or waste produced from the combustion of nuclear fuel (the said nuclear combustion shall include any self-sustaining process of nuclear fission);
  4. War, act of hostility (whether war declared or not), civil war, any military actions or riots, the Insured engaging in or taking part in military services;
  5. Entering, departing from, driving or flying on or being situated by any means in an aerial vehicle except as a fare-paying passenger of a scheduled flight of a scheduled route on a commercial aircraft of an airline.
  6. Self-inflicted injuries or suicide(whether sane or not)by the Insured no matter is violated to law;
  7. Childbirth, pregnancy, maternity or abortion, despite accidents caused by accelerated or generated;
  8. Accelerated or induced childbirth, miscarriage, pregnancy, or any complications even it is due to an accident;
  9. Inhaling poisonous gas except resulting from natural disaster; except the Insured inhaling from a fire accident;
  10. Participating in professional competitions of any sports which being paid;
  11. Participating in hunting, mountaineering, motor racing, horse racing, ice-skiing, skiing, scuba-diving, hang-gliding, parachuting, boxing or any other competitions;
  12. While the Insured is on duty as a professional driver and is entering, driving, operating, servicing, riding in or exiting any land vehicle or conveyance outside the territorial limits of Hong Kong and Macau;
  13. Assault, murder, riot, civil commotion, strikes or making an arrest while the Insured is employed as a full or part-time police officer, or cadet officer or is an officer or member of the Correctional Services Department;
  14. Assault, murder, riot, civil commotion or strikes while the Insured is employed as a fireman or is on duty as a fireman

 

In addition, the information stated herein is for reference only. Please refer to the General Provisions for the exact terms and conditions and limitations such as incontestability, suicide and fraud etc. or all exclusions.

 

  1. Limitation - When the policy is still in force, the Insured is diagnosed by a registered medical practitioner that suffers from more than one of the illnesses mentioned in the covered illnesses table, only one of the illnesses will be paid (whichever is greater), except for accidental death.

 

  1. Non-Payment of Premium / Automatic Premium Loan - You should pay Premiums on time according to the selected Premium payment schedule. If the due Premium remains unpaid upon the expiry of the Grace Period, an Automatic Premium Loan will be taken out against the Policy to settle the unpaid Premium automatically. All Policy Loans are interest-bearing and calculated at a rate (as stated on our corporate website www.chinalife.com.hk) to be declared by us from time to time. Interest accrued shall become a part of the Indebtedness. When the loan balance exceeds the guaranteed Cash Value of the basic plan of the Policy, the Policy will be lapsed and you will lose the related insurance coverage and suffer a financial loss. Under these circumstances, the Surrender Value of the Policy will be deducted to repay the outstanding loan balance (including interest), and the remaining value will be refunded to you.

 

  1. Dividend and/or Crediting Interest Philosophy - This is a participating and/or providing interest on accumulation insurance plan. Premiums received from the policies will be invested to a variety of assets according to China Life (Overseas)’s investment strategy. The surplus from the invested assets will be shared with Policyholder through declared dividends and/or interest rate on accumulation in accordance with the relevant clause in the benefit provision. China Life (Overseas) will ensure a fair sharing of profits among different groups of policyholders and also between policyholders and China Life (Overseas). China Life (Overseas) will review and determine the dividend and/or interest rate on accumulation at least once a year, the current projection on dividend and/or interest rate on accumulation are not guaranteed and subject to change with the entire performance of the relevant policies and the factor including but not limited to the investment returns, operating expense, claims experience, commission, persistency, past experience and future prospect. In addition, China Life (Overseas) will consider both past and future outlooks of all factors including but not limited to:

Claims – include the costs of providing death benefit as well as other benefits under the product(s).

Investment return – including the interest income, dividend income, outlook of interest rates and any changes in the market value of the product’s backing asset.

Expenses – including both direct expenses (e.g. commissions, underwriting, issue and premium collection expenses) and indirect expenses (e.g. general overhead expenses) related to the product.

Persistency – including policy lapse and partial surrender experience.

 

Note: The dividend or interest rate history is not an indicator of the future performance of this product.

 

  1. Investment Philosophy, Policy and Strategy - China Life (Overseas) aims to strive for minimizing volatility of the investment return and provides stable return as our investment philosophy. Assets are mainly invested in bonds and other fixed income instruments, such as government and corporate bonds and other fixed income instruments to support the guaranteed financial obligation. To enhance the performance of the investment portfolio, China Life (Overseas) invests in equity-type investments and other investment instruments such as mutual funds and direct / indirect investment in properties or commercial institutions.

 

The investment portfolio will be diversified across different geographic regions and /or industries. Investment strategy will be subject to change depending on the market conditions and the economic outlook. China Life (Overseas) will inform Policyholder the relevant changes in dividend and/or interest rate on accumulation and the impact to the policies when there is change in the investment strategy.

 

 

China Life (Overseas)’s current investment strategy on participating and/or providing interest on accumulation plans are as follow:

Asset Type

Target Asset Mix (%)

Bonds and other fixed income instruments

50% to 90%

Equity-type investment and other investments

10% to 50%

 

Please refer to China Life (Overseas) Company’s website www.chinalife.com.hk/products/dividendandinvestment for dividend history, Dividend and/or Crediting Interest Philosophy, Investment Philosophy, Policy and Strategy, as well as the fulfillment ratio of China Life (Overseas).

 

  1. Cooling-off Right - You have the right to cancel the Policy within the Cooling-off Period and obtain a refund of any Premiums paid by giving written notice to us provided that you have not made any claims under the Policy. Such notice must be signed by you and submitted to China Life (Overseas) at Alameda Dr. Carlos D'Assumpcao No.263 22 Andar A,B,K-P,Edif. China Civil Plaza, Macau  within 21 days after the delivery of the Policy or issue of a Notice to you or your representative informing you that the Policy is available, whichever is earlier.

 

What are the key product risks?

Credit risk:

This product is a life insurance Policy issued by China Life (Overseas). Any Premium paid will become part of our assets and our financial strength will affect our ability to meet our contractual obligations to you under the Policy. Therefore this product is subject to our credit risk.

 

Early surrender risk:

The savings component of the Plan is subject to risks and possible losses. Should you surrender the Policy early, you may receive an amount considerably less than the total amount of Premiums paid.

 

Exchange rate and Currency risks:

Any Policy with foreign currencies involves risks, such as potential changes in political or economic conditions that may substantially affect the price or liquidity of a currency. The fluctuations in exchange rates may also cause financial losses to you during currency conversions. You should consider the potential currency and exchange rate risks before deciding which Policy currency you should take.

 

Inflation risk:

The cost of living in the future may be higher than expected due to the effects of inflation. Therefore, your current planned benefits and/or returns may be insufficient to meet your future needs even if we fulfill all of our contractual terms and obligations.

 

Liquidity and Withdrawal risk:

You are obliged to hold the Policy and pay the Premium for the designated period of time. If you terminate the Policy prior to the Policy Maturity Date, you will suffer a financial loss. In case you make partial withdrawals from the Policy, your account value, death benefit and other Policy values will be reduced, and you may need to pay the relevant handling fee or charges (if any).

 

Non-guaranteed Benefit:

This Plan consists of non-guaranteed benefits and/or returns. The actual amounts of benefits and/or returns in the future may be different from the benefits and/or returns which project on the product materials. The product materials are for illustrative purposes only.

 

Policy Termination:

The Basic Plan shall immediately terminate:

  1. the Basic Plan lapses or is surrendered
  2. upon the Policy maturity date of the Basic Plan
  3. death of the Insured;
  4. after policy payment is due for 31 days, no premium payment is settled and no cash value is left in the policy
  5. policy loan is more than cash value; or
  6.  claim payment for the "critical illness"

 

The Enhanced Plan shall immediately terminate:

  1. Policy termination terms follow point (a) to (f) of basic plan.
  2.  claim payment for the "critical illness" (except cancer)
  3. After 100% of original Sum Assured of basic plan is paid for maximum 2 times, the policy will be terminated.

 

 

Premium adjustment

China Life (Overseas) has the absolute right and discretion to adjust the premium payable under the Policy. Factors leading to premium adjustment may include but are not limited to the experience in claims, policy surrender, investment return, and expenses incurred by and/or in relation to this product.

 

This product brochure is for reference only and contains descriptions of the key features of this product. For all the terms and conditions and exclusions of this product, please refer to the policy documents of this product. In the event of any ambiguity or inconsistency between the terms of this brochure and the policy documents, the Chinese version of the policy documents shall prevail.

 

 

This product brochure is for distribution in Macau only and shall not be construed as any provision of or offer to sell or solicitation to buy any insurance product outside Macau. China Life Insurance (Overseas) Company Limited ("China Life (Overseas)") does not provide or offer to sell any insurance product outside Macau. The above information is for reference only. The detailed terms, conditions and exclusions of the Plan are subject to the terms and conditions of the policy contract of the Plan. For a copy of the terms and conditions of the policy contract, please contact China Life (Overseas) for enquiry.

 

China Life Insurance (Overseas) Company Limited (incorporated in the People's Republic of China with limited liability)

 

C269-C274_201706C

C269-C274_201706E

Dividend Philosophy and Investment Strategy

Dividend and Crediting Interest Philosophy

If it is a participating and/or providing interest on accumulation insurance plan, Premiums received from the policies will be invested to a variety of assets according to the Company's investment strategy. The surplus from the invested assets will be shared with Policyholder through declared dividends and/or interest rate on accumulation in accordance with the relevant clause in the benefit provision. The Company will ensure a fair sharing of profits among different groups of policyholders and also between policyholders and the Company. The Company will review and determine the dividend and/or interest rate on accumulation at least once a year, the current projection on dividend and/or interest rate on accumulation are not guaranteed and subject to change with the entire performance of the relevant policies and the factor including but not limited to the investment returns, operating expense, claims experience, commission, persistency, past experience and future prospect.

The Company has established a Participating Insurance Business Management Committee, which has been authorized by the Board (comprising one or more Independent Non-Executive Directors) to conduct regular evaluations on dividend policies, and to independently review and determine the profit sharing plan of the current year as recommended by the Appointed Actuary.

Investment Philosophy, Policy and Strategy

The Company aims to strive for minimizing volatility of the investment return and provides stable return as our investment philosophy. Assets are mainly invested in bonds and other fixed income instruments, such as government and corporate bonds and other fixed income instruments to support the guaranteed financial obligation. To enhance the performance of the investment portfolio, the Company invests in equity-type investments and other investment instruments such as mutual funds and direct/indirect investment in properties or commercial institutions.

The investment portfolio will be diversified across different geographic regions and/or industries. Investment strategy will be subject to change depending on the market conditions and the economic outlook. The Company will inform Policyholder the relevant changes in dividend and/or interest rate on accumulation and the impact to the policies when there is change in the investment strategy.

The Company’s current investment strategy on participating and/or providing interest on accumulation plans are as follow:

Asset type Target Asset Mix(%
Bonds and other fixed income instruments 50% to 90%
Equity-type investment and other investments 10% to 50%

Fulfillment Ratios for Dividends and Interests

Reporting year: 2018

The following table shows the fulfillment ratios of non-guaranteed annual dividends and accumulated interests for each of the product series which has new policies issued starting from 2012.

Fulfillment ratio calculation for annual dividends

The fulfillment ratio for annual dividends is calculated as the ratio of aggregate actual accumulated non-guaranteed annual dividends, including actual dividend accumulation interests, against the illustrated amounts at the point of sale for all relevant in force policies in the reporting year.

Fulfillment ratio calculation for accumulated interests

The fulfillment ratio for accumulated interests is calculated as the ratio of actual interests accumulated on cash coupons against the illustrated amounts at the point of sale for all relevant in force policies in the reporting year.


The information are intended for reference only and should not be taken as an indicator of future dividends and interests declaration of the products. The fulfillment ratio is the average ratios calculated for all relevant policies under the respective product series, which may not reflect the circumstances of any individual policy.

1) Participating Plans – with Annual Dividend

Product type: Participating endowment

10-Year RMB Savings Insurance Plan

Applicable to RMB plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% NA NA NA NA 100%

5-Year Treasure Plan (2010S)

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA 100% 100% NA NA NA

5-Year Treasure Plan (2010)

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA 100% 100% 100% NA NA

6-Year Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA 100% 100% 100% 100% NA

Enhanced 5-Year Endowment

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA NA 100% 100% NA NA

Prosperous 18 Education Saving Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

6-Year Pay 12-Year Saving Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% NA 100% NA

Long Life and Harvest Year Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA 100% 100% 100% NA NA

Endowment 65 (Annuity Version)

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Wealth Grower Guaranteed Annuity Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA NA NA NA NA NA

8-Year Saver Endowment Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% NA NA NA NA NA

Enjoyable Life Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% NA NA 100% 100%

Wonderful Life Education Savings Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Golden Age Retirement Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 1

(2016)

Policy year 2

(2015)

Policy year 3

(2014)

Policy year 4

(2013)

Policy year 5

(2012)

100% 100% 100% 100% 100% 100%

Product type: Participating whole life

Guardian Critical Illness Whole Life Insurance

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% NA

Yearly Reward Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA NA NA NA NA NA


Successful Life Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% NA NA NA

Noble Life Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% NA NA NA

Supreme Wealth Whole Life Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Perfect Wealth Whole Life Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Time Lady Protection Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% NA 100% 100% 100% 100%

Healthguard Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Rainbow Age Whole Life Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

18-Year Pay Whole Life Insurance

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Prosperous Life Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% NA 100% NA 100% 100%

Peaceful Age Whole Life Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Safeguard Tomorrow Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% 100% 100% 100%

Critical Illness Guardian Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% NA NA NA NA NA

Product type: Participating annuity


Relaxful Age Insurance Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

100% 100% 100% NA NA 100%

2) Plans with Accumulated Interest

Product type: Annuity


15-Year Guaranteed Annuity Plan

Applicable to all currencies under the plan

Policy year 1

(2017)

Policy year 2

(2016)

Policy year 3

(2015)

Policy year 4

(2014)

Policy year 5

(2013)

Policy year 6

(2012)

NA 100% 100% 100% 100% 100%

Note for fulfillment ratios:

Fulfillment ratios may not be applicable due to one or more of the following reason(s):

1) There is no relevant policy with the respective policy year as of current reporting year.

2) The amount of accumulated non-guaranteed annual dividends and accumulated interests at the point of sale up to the respective policy year as of current reporting year is zero for the relevant policies.