Safeguard Tomorrow Insurance Plan

Safeguard Tomorrow Insurance Plan

Product Summary

An increasingly polluted environment, rising work stress and unbalanced diet are contributing to elevated incidence of critical illnesses. The significant medical costs involved can be overwhelming – so what should we do to plan a healthy life? Safeguard Tomorrow Insurance Plan (the “Plan”) provides comprehensive coverage for 41 critical illnesses and 10 special illnesses, coupled with life protection and 3 choices of premium payment terms to accommodate your protection needs and safeguard your future.

Product Icons

Critical Illness Benefit


Special Disease Benefit


Annual Dividends


Maturity Benefit


Death Benefit

Product Features

 Comprehensive coverage

If the insured is diagnosed with any of the 41 covered critical illnesses, the Plan will provide “critical illnesses benefit”1 which is equivalent to 100% of the original sum assured and accumulated non-guaranteed dividends and interest2 (if any). The policy will be terminated thereafter. The Plan provides “critical illnesses benefit” up to age 100 of the insured.

The Plan also provides “special illnesses benefit” for the 10 special illnesses, covering the insured up to age 85. If the insured is diagnosed with any of the covered special illnesses, 20% of the original sum assured or HKD240,000/USD30,000 (whichever is lower) will be paid.

The “special illnesses benefit” will be terminated after payout. We will reduce the sum assured of the Plan in accordance with the total benefit payout under “special illnesses benefit” of the Plan. We will also lower your premiums and the related values of the policy according to the reduced sum assured.

 Annual dividends

You will receive non-guaranteed dividends2 on every policy anniversary while the policy is in force. You can choose to leave the non-guaranteed dividends in the policy to earn interest2. Alternatively, you may withdraw3 that or use that to pay future premiums.

 Maturity benefit

When the insured reaches age 100, the Plan will pay a maturity benefit1, which is equivalent to 100% of the original sum assured, plus the accumulated non-guaranteed dividends (if any) and interest2 (if any). The policy will be terminated thereafter.

 Death benefit

If the insured unfortunately passes away while the policy is in force, a death benefit1 which is equivalent to 100% of the original sum assured, plus the accumulated non-guaranteed dividends (if any) and interest2 (if any) will be paid. The policy will be terminated thereafter.

 Optional benefits

With a wide range of optional benefits, the Plan allows you to enhance the protection for your specific needs, including coverage for accident, hospitalization and waiver of premium, etc..

Product Details

Safeguard Tomorrow Insurance Plan

Plan type Critical illness plan
Issue age 15 days to age 60
Benefit term Up to age 100 of the insured

Under “special illnesses benefit”: Up to age 85 of the insured
Premium payment term4 10 years, 15 years, 20 years
Premium payment mode5 Annual, semi-annual, quarterly, monthly5, annual and premium prepayment6
Policy currency HKD or USD
Sum assured HKD100,000 to HKD8,000,000or USD12,500 to USD1,000,000


  1. When China Life (Overseas) pays out “critical illnesses benefit”, “death benefit” or “maturity benefit”, all paid “special illnesses benefit” (if any) and all indebtedness (if any) will be deducted.
  2. The dividends and interest are not guaranteed. The actual benefits and/or returns may be lower or higher than estimates. China Life (Overseas) reserves the right to revise these from time to time. The actual amount of dividend is subject to the overall performance of China Life (Overseas)’s participating businesses, including investment returns and claims,etc. The prevailing accumulation interest rates of policy(ies) denominated in HKD and USD are 3.45% p.a. and 3.9% p.a. respectively.
  3. You may withdraw the dividends at any time without any charge, however, the policy value, “critical illnesses benefit” and “death benefit” will be affected in case of withdrawal.
  4. In addition to premiums, you have to pay policy fee of HKD200/USD25 (subject to policy currency) per year during the premium payment term.
  5. If the required renewal premium is paid by you within the grace period, the policy shall continue to be in force. For details, please refer to the policy provisions issued by China Life (Overseas). If the policy is lapsed or surrendered early, the policy cash value received by you may be considerably less than the total amount of the premium paid.
  6. If you choose the annual and premium prepayment option, you can withdraw the unused prepaid premium (including interest, if any) at one time. China Life (Overseas) will charge 2% of the withdrawal amount, at a minimum amount of HKD100/USD12.5. You can withdraw the unused prepaid premium once only. The interest rate of prepaid premium is not guaranteed.

Important Information

The above information is for reference only. The detailed terms, conditions and exclusions of the Plan are subject to the relevant policy contract.

You have the right to purchase the medical insurance product as a standalone plan instead of bundling with other type(s) of insurance product.

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