10Life
10Life 5-Star Insurance Award 2022
5-Star VHIS Award**
Capital
Merits of Achievement in Banking and Finance 2022
Best in Insurance
Own your future — with gilt-edged protections
TaxVantage Prestige Medical Plan*, a comprehensive medical insurance solution second to none, provides full reimbursement of the actual expenses incurred before, during, and after your in-hospital treatment throughout Asia^, giving you peace-of-mind protection with no itemized benefit sublimit. You are also entitled to hospital stays in a standard semi-private room or standard private room (depending on confinement location), full cover for non-surgical cancer treatment and extended benefits during hospitalization and beyond.
Best of all, your qualifying premiums paid are tax deductible.
Lifetime Medical Protection up to HK$40,000,000
No Waiting Period for Unknown Pre-existing Conditions
Annual Deductible for Lower Premiums
No Claim Premium Discount
Guaranteed Renewals for Life
Tax Deductible
Free Quote before You Commit
Additional Support Services
- Full reimbursement of the actual expenses incurred during your in-hospital treatment, due to sickness or accident
- Without any limit on individual benefit items for major medical expenses
- Offers a wide range of extra benefits as well as worldwide emergency treatment and assistance
- You can enjoy a lifetime benefit limit of up to HK$40,000,000 with an annual benefit limit as much as HK$10,000,000
- The plan covers unknown pre-existing conditions of the Insured Person at the time of taking up the plan
- Without any waiting period, which is much better than the minimum requirement of 3-year waiting period under the VHIS plans
- 4 Options: HK$0 / 15,000 / 30,000 / 100,000
- The higher the deductible, the lower the premium
- May change to a lower Annual Deductible before the policy anniversaries on or after your 50th, 55th, 60th, 65th, 70th, 75th, 80th or 85th birthday1 without having to submit any satisfactory proof of insurability
Notes:
1. Request for reduction of the Deductible must be submitted in writing within 30 days before the policy anniversary on or immediately following the 50th, 55th, 60th, 65th, 70th, 75th, 80th or 85th birthday of the Insured Person. This right can be exercised once only and is irrevocable. Claims in respect of a Disability occurring after reduction of the Deductible shall be subject to the reduced Deductible.
- Up to 15% provided that the policy has been in force and no claims have been made for at least three consecutive policy years
- You are guaranteed the right to renew your plan up to the age of 100, even if you experience changes to your health
- Your renewal premium2 will not be individually raised for any claim you have made, or any changes in your health condition
Notes:
2. A written notice will be given no less than 30 days prior to each policy anniversary date regarding the adjustment of benefit coverage or premium.
- Qualifying premium paid for your TaxVantage Prestige Medical Plan are tax deductible. You may also include any premiums paid into your family members’ policies when claiming a tax deduction
- For details of the tax deduction arrangement, please refer to the VHIS website of the government of the HKSAR at www.vhis.gov.hk/en/consumer_corner/tax-deduction.html
- You’re entitled to receive a free estimate of the claimable amount3 for any potential treatment or procedure before committing to it
Notes:
3. The Policy Holder shall provide the Company with the estimated fees to be incurred as furnished by the Hospital and/or attending Registered Medical Practitioner. The estimate is for reference only, and the actual amount claimable shall be subject to the final expenses as evidenced.
- The plan offers, free of charge, a number of caring services to enable you to enjoy global support (the following benefits are not a part of the VHIS Certified Plan):
- Worldwide Emergency Assistance Benefits4
- Cashless Hospitalization Service4
- MediCare Concierge Services4
Notes:
4. The services are additional benefits and do not form part of the VHIS Certified Plan. The Policy Holder may remove the additional benefits by sending a written notice to the Company.
*YF Life Insurance International Limited is registered as a provider for the Voluntary Health Insurance Scheme (VHIS), implemented by the government of the HKSAR (registration number 00025, effective on March 6, 2019).
^Unless otherwise specified, benefits for non-Emergency Treatment shall be applicable in Asia, and benefits for Emergency Treatment shall be applicable worldwide.
**Source: 10Life Insurance comparison platform. TaxVantage Prestige Medical Plan has achieved 5-Star VHIS Award in 10Life 5-Star Insurance Award 2022 (As of 31 October 2022). For details, please visit www.10life.com.
Issue Age (At Last Birthday)
Age 0-80
Benefit Term
To Age 100
Premium Payment Term
To Age 100
What is the Voluntary Health Insurance Scheme (VHIS)?
VHIS is an initiative backed by the government of the HKSAR. It is a medical insurance plan that sets standardized policy terms and basic benefit coverage for surgeries, therapies and hospitalization benefits that are applicable worldwide. The plan covers unknown pre-existing conditions, guarantees renewal up to the age of 100, and provides you with a free choice of healthcare service providers and ward class. Qualifying premiums paid for VHIS are tax deductible, at up to HK$8,000 per insured person per year.
