yuu Insure Powered by Hang Seng Insurance Company Limited
Supercharge your Points when you successfully apply for CouponPower Guaranteed Life Insurance Plan through yuu Insure to earn:
1. Extra 100,000 Bonus Points
2. 1 Point for every HKD1 premium paid for the first policy year.*
Hang Seng Insurance is a wholly-owned subsidiary of Hang Seng Bank. The yuu Rewards Club is owned and operated by DFI Development (HK) Limited (“DFI”), a wholly-owned subsidiary of Dairy Farm International Holdings Limited. Hang Seng Bank and DFI are authorised insurance agents of Hang Seng Insurance and regulated by the Insurance Authority. CouponPower Guaranteed Life Insurance Plan is product of and underwritten by Hang Seng Insurance.
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 Hang Seng and you out of the selling process or processing of the related insurance product transaction, Hang Seng Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the insurance products should be resolved between Hang Seng Insurance and you directly.
The above information is intended as a general summary of information for reference only. It shall not be construed as an offer to sell or solicitation of an offer or recommendation to purchase or sale or provision of any products of Hang Seng Insurance. Please refer to the actual policy for the exact terms, conditions and exclusions of the relevant insurance plan.
CouponPower Guaranteed Life Insurance Plan offers limited daily quota. New quota will be released at 12:00 noon every day. Hang Seng Insurance Company Limited reserves the right to accept or decline any applications subject to the plan's availability.
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CouponPower Guaranteed Life Insurance Plan Limited Time Offer (100,000 Points) Terms and Conditions:
1. CouponPower Guaranteed Life Insurance Plan Limited Time Offer (“Offer”) is valid from 1 December 2024 to 31 December 2024 (both dates inclusive) (“Promotion Period”)
2. Member can earn 100,000 Points when they have successfully applied for CouponPower Guaranteed Life Insurance Plan via yuu Insure during the Promotion Period.
3. Even if yuu Member may have successfully applied in more than one CouponPower Guaranteed Life Insurance Plan, each Member can only enjoy this Offer once.
4. Member who has successfully enrolled for CouponPower Guaranteed Life Insurance Plan and received the Points under this Offer but subsequently cancels the policy within three months from the policy commencement date, Hang Seng Insurance Limited (“Hang Seng Insurance”) and DFI Development (HK) Limited (“DFI”) reserve the right to charge such yuu Member a fee which is equivalent to the cash value of the designated Points and Gift Voucher, or DFI will deduct the credited Points and Gift Voucher from the yuu Member’s yuu Account without prior notice.
5. The 100,000 Points will be credited to yuu Account of Eligible Applicant within 3 months after the end of the cooling-off period of the relevant policy.
6. Hang Seng Insurance is a wholly-owned subsidiary of Hang Seng Bank Limited. The yuu Rewards Club is owned and operated by DFI, a wholly-owned subsidiary of Dairy Farm International Holdings Limited. Hang Seng Bank and DFI are authorised insurance agents of Hang Seng Insurance and regulated by the Insurance Authority. CouponPower Guaranteed Life Insurance Plan is a product of and underwritten by Hang Seng Insurance.
7. Hang Seng Insurance and DFI reserve the right to change the Offer and the relevant Terms and Conditions of the Offer at any time without prior notice and without giving any reasons.
8. In case of dispute, Hang Seng Insurance and DFI reserve the right of final decision without giving any reasons.
9. No person other than the Eligible Applicants and the Bank (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms and Conditions.
10. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
11. In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.
CouponPower Guaranteed Life Insurance Plan helps you lock in annualised guaranteed rate of return for 10 years regardless of market volatility. Starting from the 2nd Monthiversary of the policy term, you'll start receiving monthly "pocket money", ensuring a steady income stream to meet your financial needs.
Plan Features
✔ A monthly cash payout in cash starting from the 2nd monthiversary of the policy term
✔ 10 years guaranteed income stream
✔ Guaranteed breakeven period as short as 3 years
✔ Annualised guaranteed rate of return upon maturity of up to 4.14% (USD Plan) or 3.65% (HKD Plan) for aggregate premium option.
✔ Coverage for lung and breast cancer from the 2nd policy anniversary of the policy term or 2 years from the last reinstatement date
✔ Extra accidental death benefit before the 2nd policy anniversary of the policy term
Members^ successfully apply for the plan via the yuu App to earn 1 yuu Point for every HKD1 premium payment paid for the first policy year*!
Terms and Conditions apply, please note the relevant product risks, credit risks and early surrender loss. The above information is intended as a general summary of information for reference only. If you wish to know more about the plan, please read the Product Brochure for details.
Please refer to General Provisions, Designated Cancer Benefit Provision and Accidental Death Benefit Provision for the exact terms, conditionals and exclusions of the Plan.
Eligibility:
• CouponPower Guaranteed Life Insurance Plan only available to tax residents of Hong Kong aged 18-70, the applicant also needs to possess valid Hong Kong Identity Card and Hang Seng bank account.
• Premium payment should be debited from customer's Hang Seng Bank account.
*For terms and conditions of the yuu Member offer, please click here for details.
+The Base Points are only applicable to the premium paid during the first policy year if you successfully enrol in any Life insurance plans via yuu Insure.
To borrow or not to borrow? Borrow only if you can repay!
The above insurance plans are underwritten by designated yuu Insurance Partners.
For procedures for making claims, please click here.
Upon clicking “Apply Now” button, you will leave yuu Insure app and enter Hang Seng Bank's website to complete your insurance application. You'll be bound by Hang Seng Bank's terms and conditions applicable to their website once you proceed.
