TaxVantage PrimeChoice Medical Plan

| VHIS| TVPC|

| VHIS| TVPC|

TaxVantage PrimeChoice Medical Plan

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Product Features

Extensive Coverage

All benefits in the Plan are applicable worldwide (except for psychiatric treatment¹ and renal dialysis^2,3) and covers the following medical benefit items:：

Expenses incurred during hospitalization
Day Case Procedure⁴
Pre- and post-Confinement / surgery benefit
Extended benefits
Optional supplementary major medical benefit⁵

Notes:

^1.Only covers the psychiatric treatment recommended by a Specialist during Confinement in Hong Kong.
^2.Only covers renal dialysis treatments under the recommendation of the attending Registered Medical Practitioner, and (1) as an Inpatient worldwide or (2) as a Day Patient in Hong Kong.
^3.The Company shall have the right to ask for proof of recommendation, e.g., written referral or testifying statement on the claim form by the attending Registered Medical Practitioner.
^4.Day Case Procedure refers to a Medically Necessary surgical procedure for investigation or treatment to the Insured Person performed in a medical clinic, or day case procedure centre or Hospital with facilities for recovery.
^5.Subject to 20% Coinsurance and maximum reimbursement of different plan levels. If the actual room level of the confinement is of a level higher than the covered room level under optional supplementary major medical benefit, the Company will adjust the benefits paid under optional supplementary major medical benefit subject to the room level adjustment factor. For details, please refer to the product brochure and policy documents.

No Lifetime Benefit Limit

An Annual Benefit Limit up to HK$2,000,000 will be refreshed annually with no Lifetime Benefit Limit

No Waiting Period for Unknown Pre-existing Conditions

For your total peace of mind, the Plan covers unknown Pre-existing Conditions of the Insured Person at the time of taking out the Plan, without any waiting period

Guaranteed Renewal for Life

You are guaranteed the right to renew the Plan to age 100 even if you experience changes to your health

No Claim Premium Discount

A “No Claim Premium Discount” will be offered upon paying the renewal premium, provided that the Policy has been in force and no claims have been made for at least 3 consecutive Policy Years
The discount is a percentage, of up to 15%, of the annual premium for the immediate previous Policy Year

Tax Deduction Claim for Qualifying Premiums

You may make tax deduction claim⁶ for your TaxVantage PrimeChoice Medical Plan premiums
For details of the tax deduction arrangement, please refer to the VHIS website(www.vhis.gov.hk/tc/consumer_corner/tax-deduction.html) and Inland Revenue Department website (www.ird.gov.hk/chi/) of government of the HKSAR

Notes:

^6.Before you can claim tax deductions, you must meet all eligibility requirements set out in any guidance issued by the Inland Revenue Department of the Hong Kong Special Administrative Region and the Inland Revenue Ordinance. Any general tax information provided herein is for reference only and you should not make any tax decisions based solely on it. If in doubt, you must consult a qualified professional tax advisor. Please note that tax laws, regulations or interpretations may change at any time and may affect the eligibility criteria for claiming tax deductions and any other tax benefits. We are not responsible for any failure to promptly inform you of changes to these laws, regulations or interpretations and their impact on you. For any tax enquiries, please contact the Inland Revenue Department directly.

Free Quote before You Commit

You’re entitled to receive a free estimation of the claimable amount7 for any potential treatment or procedure before committing to it⁷

Notes:

^7.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.

Optional Supplementary Benefits

You may also choose to enjoy the following supplementary benefits and the premiums for following benefits are non-tax deductible⁸

Extra Cancer Benefit⁹
Hospital Income Benefit¹⁰

Notes:

^8.These benefits are not part of the VHIS Certified Plan and subject to payment of additional premium.
^9.A maximum reimbursement of Eligible Expenses Per Cancer will be payable up to HK$2,000,000. Eligible Expenses are not included: (1) treatment undergone solely for complications and adverse effects of cancer treatment; (2) cost of surgical procedures except specifically covered; (3) room and board charges.
^10.The benefit provides a daily cash benefit of up to HK$2,000 if the Insured Person is confined for 8 hours or more due to Disability, up to a maximum of 1,000 days.

PrimeChoice Medical Care for Flexible Peace of Mind

To enjoy a more fulfilling life, you need comprehensive and flexible medical protection to take care of your health. TaxVantage PrimeChoice Medical Plan* provides you with extensive coverage on medical expenses for hospitalization, surgeries, Day Case Procedure, other therapies, etc. For extra peace of mind, you may choose to attach supplementary benefits to the Plan based on your needs.

NOTES

^*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).

Awards

iMONEY

Insurance Excellence Awards 2019

Best Medical Insurance Product

Capital

Merits of Achievement in Banking and Finance 2024

Best in Insurance

Standard Premium Schedule

Issue Age (At Last Birthday)

TaxVantage PrimeChoice Medical Plan:
Age 0-80
Extra Cancer Benefit:
Age 0-70
Hospital Income Benefit:
Plan 1: Age 0-65
Plan 2-5: Age 18-65

Benefit Term

TaxVantage PrimeChoice Medical Plan:
To Age 100
Extra Cancer Benefit:
To Age 100
Hospital Income Benefit:
To Age 75

Premium Payment Term

TaxVantage PrimeChoice Medical Plan:
To Age 100
Extra Cancer Benefit:
To Age 100
Hospital Income Benefit:
To Age 75

Other Information

FAQ

Other Product Brochures

The above information contains general information of the Plan and is for reference only. It does not form part of the policy and does not contain the full terms of the policy. You should not purchase any insurance product based solely on the above information. To understand the details, full terms and conditions of this Plan, please refer to the product brochure and terms and benefits of the policy / policy documents for exact benefit coverage, terms and conditions, risk disclosures, product risks and exclusions. The above information does not represent a contract between YF Life and anyone else.

The above information is intended to be distributed in Hong Kong only. It 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 of YF Life outside Hong Kong. If you are not currently in Hong Kong, YF Life will not be able to provide you with related products and offers.

You and other interested parties should seek independent financial, tax, legal advice. Although care is taken in preparing the above information, YF Life disclaims any express or implied warranty as to the accuracy of the content and any liability with respect to it. In the event of any conflict or inconsistency between the contents of the above information and the relevant policy contracts, the relevant policy contract shall prevail.