Chubb Life Hong Kong Unveils Serene Care Critical Illness Protector
HONG KONG SAR – March 20, 2025 – Chubb Life Hong Kong has announced the launch of “Serene Care Critical Illness Protector” (“Serene Care”). This marks a significant development as the first pure critical illness basic plan in Hong Kong to offer customers a choice of limited premium payment terms. This new plan provides comprehensive coverage for 144 illnesses, catering to a wide range of protection needs, and offers four flexible premium payment options.
For first-time purchasers, the Serene Care plan provides options to select payment terms that suit their financial circumstances. This allows for early premium locking and can help avoid significant increases in later years. Customers looking to supplement existing critical illness coverage can also obtain protection with affordable premiums tailored to their financial situation.
Key Features of Serene Care Critical Illness Protector:
- Offers four limited premium payment term options: 8, 12, 18, and 22 years, in addition to a yearly renewable term option up to age 100. Policies include a Conversion Option, providing flexibility to adapt to financial needs.
- This is Hong Kong’s first pure critical illness insurance with limited payment terms, offering customers peace of mind.
- Comprehensive coverage is provided up to age 100.
- Includes coverage for 144 illnesses at different stages, ranging from major and minor illnesses (such as Carcinoma-In-Situ) to serious conditions requiring Intensive Care Unit (ICU) stays.
- A Protection Revival Benefit ensures that protection can be restored to 100% after minor illness claims.
Wenyu Ji, Chief Customer Proposition Officer at Chubb Life Hong Kong, stated, “Through Serene Care Critical Illness Protector, we enable customers to prepare for future protection needs while they have a stable income, without worrying about long-term premium burdens. Serene Care not only expands our product portfolio but also provides customers with more flexible protection options.”
Customers who enroll in the Serene Care Critical Illness Protector between now and March 31, 2025, can enjoy premium discounts of up to 50% over the first three policy years. Additionally, those with a total annualized premium of USD 1,500 or more will receive a complimentary cancer screening (terms and conditions apply). More information can be found at: https://www.chubb.com/content/dam/chubb-sites/chubb/hk-en/pdf/cie_offer_agy_en.pdf.
About Chubb
Chubb is a global leader in insurance operations, present in 54 countries and territories. It provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. Listed on the New York Stock Exchange (NYSE: CB) and a component of the S&P 500 index, Chubb employs approximately 43,000 people worldwide and has executive offices in Zurich, New York, London, and Paris. More information is available at www.chubb.com.
