Life Insurance

Life Insurance
CCB (Asia) partners with major insurer(s) to offer holistic wealth & health solutions

China Construction Bank (Asia), an insurance agency appointed by FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability), distributes various types of life insurance products. The following are the examples of life insurance products distributed by our Bank.

FWD Promotion Video

Transcript – Chinese version only (PDF File)

More FWD Life Insurance Products

FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability) - Important Notes for Non-linked Long Term Insurance

Remark: The above information is for reference only. Please refer to the policy of the relevant insurance plan(s) for the exact terms, conditions, coverage and exclusions.

Notes to customers:

  1. Please note that each insurance plan marked with the symbol "#" above comprises a savings element.

  2. Part of the premium will be paid for the insurance and related costs.

  3. If you are not happy with your policy, you have a right to cancel it within the cooling off period and obtain a refund of any premiums and levy paid. A written notice signed by the customer should be received by the insurer's Hong Kong Main Office within the cooling off period (that is, within 21 calendar days immediately following either the day of the delivery of the policy or delivery of a Cooling-off Notice (informing the customer or the customer's representative about the availability of the policy and expiry date of the cooling off period), whichever is the earlier). After the expiration of the cooling off period, if the customer cancels the policy before the end of the benefit term, the projected total cash value may be less than the total premium you have paid.

  4. Life insurance products are not equivalent to time deposits. They are not protected deposits, and are not protected by the Deposit Protection Scheme in Hong Kong.


Disclaimers
China Construction Bank (Asia) Corporation Limited (Insurance Intermediary License No: FA3132) (“the Bank”) is the appointed insurance agency of FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability) ("FWD Life"), to distribute life insurance products in the Hong Kong Special Administrative Region. Relevant life insurance products are the products of the insurance company(ies) but not the Bank. The above life insurance products are issued and underwritten by FWD Life. FWD Life is authorized and regulated by the Insurance Authority (“IA”) to carry on long-term insurance business in the Hong Kong Special Administrative Region. Please refer to the sales documents, including product brochure, benefit illustration and policy documents and provisions issued by FWD Life 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 insurance products.  FWD Life reserves the right to decide at each of their sole discretion to accept or decline any application for life insurance product according to the information provided by the proposed Insured 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 insurance product should be resolved between FWD Life 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.

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.