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Trading Forex safely: the ultimate checklist for choosing a Forex broker in Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach – 7 September 2022 – Choosing a reliable broker to invest with isn’t always easy. Malaysian financial experts have outlined eight tips on how to find a trustworthy broker to start trading Forex.

Forex trading is getting bigger every day. With so many brokers offering their services, finding the right one can be difficult. What should one look for in a broker to get the best out of trading in the Forex market and feel safe? There is a checklist that should help find one. But first—the essentials of Forex market every trader should know.

What is Forex?

In a sense, Forex is a dynamic basket of foreign currencies and exchange. The full description reads as ‘Foreign exchange’ and houses the process of changing one currency into another. The Foreign Exchange market is decentralised by nature. It lives completely online and uses a great variety of different countries, currencies, and commodities.

The Forex sphere—who is it composed of?

The main actors of the Forex industry are far and foremost the broker itself, who provides the trading services, and its clients, who use them and are regular people. Also, Forex services rely on the essential relationship with liquidity providers. They function as mediators who are highly required to give traders access to the Forex market, offering the most accurate value estimation for the traded currencies.

There are global and local Forex brokers—the bigger the reach and regulatory scope, the bigger the Forex broker.

Trading in a global, decentralised market

Foreign exchange trading is happening twenty-four hours a day, five days a week, on various exchanges around the world. Decentralisation is vital for the Forex market due to the globalised world economy’s need for fast, easy flow of currencies.

International Forex brokers—as opposed to local ones—operate in a multitude of countries. They are allowed to operate globally through multiple international documents. Not being extensively regulated locally and not having to implement restrictions that often limit trading opportunities for traders, international Forex brokers can therefore offer more favourable conditions to their clients.

As discussed above, decentralisation for the Forex market is vital. It operates—without exception—online and utilises a wide variety of different regions and even continents, national currencies, and commodities. Even local brokers must use some features and advantages of international partners, such as payment systems and other services. So, it sounds like it can’t be limited to one particular country entirely.

Choosing a trustworthy Forex broker

When it comes to choosing a reliable international Forex broker to invest with, there is a checklist that will help traders and investors.

  1. The broker is long-established. Any broker with at least ten years of work in the financial markets (such as XM, eToro, OctaFX) is worth a try.
  2. The information about the broker can be found online.
  3. The reviews are overwhelmingly positive (you can find them on trustpilot.com).
  4. The broker has received industry awards for its services in Asia, and Malaysia in particular.
  5. The broker publishes its own educational content. A reliable broker is always interested in its clients being better prepared for trading in the financial markets.
  6. The broker provides multilingual support.
  7. The broker is otherwise present in Malaysia, for instance, invests in charitable initiatives across the country to give back to the society it works in and be closer to its clients.
  8. The last—and the most important. The broker that showed itself well in all other respects: has the lowest spreads, no additional commissions, and no swaps.

Using the checklist above, a trader can find a trusted broker that would accelerate—and not stymie—one’s efforts in achieving financial goals. Besides, it will help protect traders against fraudsters posing as Forex brokers as they will never be able to fake a reputation garnered over many years of work in the financial markets.
Hashtag: #OctaFX

Opening doors to a sustainable future with Microsoft’s Circular Center in Singapore

Another step towards eliminating electronic waste and responding to the needs of our planet

SINGAPORE – Media OutReach – 7 September 2022 – Microsoft today made a commitment to sustainability with the opening of a new Circular Center in Singapore.

Microsoft’s Circular Centers will enable the ability to reuse and repurpose decommissioned cloud computing hardware from data centers to find new life in schools, as resources for skills training programs, and much more. The goal of this Circular Center program is to reuse 90 per cent of cloud computing hardware assets by 2025.

The launch of this first Circular Center in Asia located in Singapore is an important milestone towards that goal, while also creating local employment opportunities.

Intelligently executing a zero-waste solution

The Microsoft Cloud is powered by millions of servers in hundreds of datacenters around the world, and demand for cloud services is growing exponentially.

At these Centers, decommissioned servers and other types of hardware can be repurposed or dissembled by technicians, and the components and equipment moved on to another phase of life.

The Microsoft Intelligent Disposition and Routing System (IDARS) uses AI and machine learning to establish and execute a zero-waste plan for every piece of decommissioned hardware, at scale.

IDARS also works to optimize routes for these hardware assets and provide Circular Center operators with instructions on how to dispose of each one.

Collaborating to find new repurposing opportunities

The Circular Centers are transforming the sustainability credentials of datacenters, and Microsoft works closely with partners to find new opportunities for end-of-life parts and equipment.

This has seen repurposed servers being donated to schools or used for job training. Reclaimed memory cards have also been used by companies making electronic toys or computer games, to mention just a few examples.

While this new Singapore Center will produce ground-breaking environmental improvements, it will also create employment opportunities. At other Microsoft Centers around the globe, the processes used during repurposing have resulted in the creation of new jobs, including fresh job categories and many entry-level positions.

Contributing to positive climate action for Asia

In 2022, nations everywhere have been confronted with the need to accelerate their net zero ambitions. That includes Southeast Asia, where eight out of ten countries are already committed to net zero targets. But despite recent progress, a new study reveals that there is still a large emission gap of three gigatons to be closed by 2030 if the region is to meet its net zero goals.

The same study also found that Asia is well positioned to address these challenges and capture the opportunities that come from managing climate risk effectively. It estimates, for example, that annual green economic opportunities worth USD$1 trillion by 2030 exist in Southeast Asia alone.

Singapore, with its strong government and private sector commitments and agile policy environment, has already laid the foundations for creating an advanced recycling infrastructure that can help it take advantage of those opportunities.

The arrival of a Microsoft Circular Center in Singapore is in line with this approach. By re-using and repurposing components, this Center will help reduce waste and carbon emissions. In this pilot Circular Center in Amsterdam alone, Microsoft contributed to the goal of reducing carbon emissions by 145,000 tonnes CO2 equivalent.

Towards a more sustainable future for all

Microsoft’s first ever Circular Center opened in Amsterdam in 2020. Since inception, the company has achieved reuse and recycle of 83 per cent of all decommissioned assets and aim to reach 90 per cent by 2025.

Its success saw Microsoft being named the winner of the 2022 Gartner Power of the Profession Supply Chain Awards in the Social Impact of the Year category.

Since achieving this outstanding result, Microsoft has established further centers in Dublin, Ireland, and Virginia in the US.

Along with the Singapore Center, plans are now underway to expand the program in Washington, Chicago, Sydney and to other sites.

Microsoft has been operating in Singapore and Asia for over 30 years and are present in 23 markets in Asia today. Through this tenure, the company has become a go-to partner for Asia’s businesses, governments, partners, communities, and individuals.

The Singapore Circular Center is a further testament to a commitment to Asia’s future. Microsoft will continue to collaborate and co-innovate with partners the world over, and power towards a global goal of reaching net zero by 2050.

Hashtag: #Microsoft

InnoBlock Technology Builds Hong Kong’s First ESG Data Platform on AWS

WWF-Hong Kong collaborates with the company to help organizations reduce carbon emissions

HONG KONG SAR – Media OutReach7 September 2022 – Amazon Web Services (AWS), an Amazon.com company, today announced that blockchain specialist InnoBlock Technology (InnoBlock) has built TT Green, Hong Kong’s first environmental, social, and governance (ESG) data platform, on AWS. The platform automatically tracks and reports standardized ESG data across resource consumption, carbon emissions, and human capital management using APIs and sensors deployed throughout an organization’s information technology (IT) infrastructure. The platform, which was advised by leading global conservation organization WWF-Hong Kong, enhances organizations’ ability to collect and report emissions reductions based on the world-recognized protocols and Low Carbon Operation Program (LOOP)PLUSB.E.S.T. sustainability framework, helping organizations integrate sustainability into their daily business.

Traditionally, ESG data tracking and recording involved manual processes that lacked data traceability, transparency, and quality to establish immutable ESG credentials. This prevented companies from reaching their sustainability goals in a timely fashion. With the breadth and depth of AWS capabilities, including containers, databases, and machine learning, InnoBlock built TT Green to help organizations accurately understand their environmental impact so they can take action to reduce greenhouse gas emissions, comply with global standards, and obtain credible green certifications and green financing.

TT Green collects third-party data—including smart buildings’ water and electricity consumption—via Internet of Things (IoT) sensors embedded into devices like electricity meters which are located on the edge of the network. TT Green then sends the data to its blockchain network. Using Amazon Elastic Kubernetes Service (Amazon EKS), a managed container service designed to run and scale Kubernetes applications, TT Green then helps users automatically transmit and integrate the data in the cloud. InnoBlock also developed a greenhouse gas calculator based on the Greenhouse Gas (GHG) Protocol and the Intergovernmental Panel on Climate Change (IPCC) guidelines. The calculator allows organizations using TT Green to quantify and track emissions quickly and accurately against sustainability goals based on the immutable ESG data stored in the blockchain network on AWS.

With Amazon Relational Database Service (Amazon RDS), a service that helps customers set up, operate, and scale a relational database in the cloud, InnoBlock can efficiently store ESG data, minimize database management time, and allow organizations to track operations using real-time performance data. Using Amazon SageMaker, a fully managed service that enables data scientists and developers to quickly and easily build, train, and deploy machine learning models at any scale, InnoBlock provides improved performance analysis for sustainable target planning and monitoring.

“AWS helped us develop Hong Kong’s first truly credible ESG reporting platform. The cloud allows us to maximize the power of blockchain technology by using IoT and machine learning services to track our customers’ ESG efforts accurately and provide ESG reporting and analysis,” said Kevin Ng, CEO at InnoBlock Technology. “We believe this platform will help our customers meet and exceed global ESG standards faster and plan to roll out the platform across Asia this year.”

Karen Ho, Head of Corporate and Community Sustainability at WWF-Hong Kong said, “WWF works to sustain the natural world for people and wildlife. Despite more companies committing to net zero goals in fighting climate change, delivering Scope 3 emissions reduction remains a huge challenge. Digital innovation platforms such as TT Green, powered by AWS, can help organizations track and trace their carbon performance throughout their value chains, optimize mitigation opportunities, and respond to rising expectations from investors, customers, and civil society.”

“Technology has become central to helping companies meet their ESG goals. At AWS, we continue to invest in sustainability across our infrastructure and services, and help our customers build sustainable businesses,” said Chris So, Head of Business Development, Hong Kong and Macau, AWS. “We are glad to see InnoBlock using our technology to innovate and work with an organization like WWF to help thousands of organizations improve their environmental credentials.”


Hashtag: #AmazonWebServices #InnoBlock

About Amazon Web Services

For over 15 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud offering. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 87 Availability Zones within 27 geographic regions, with announced plans for 21 more Availability Zones and seven more AWS Regions in Australia, Canada, India, Israel, New Zealand, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit .

Fifth Lao-Thai Friendship Bridge Completes 50% Construction

Fifth Lao-Thai Friendship Bridge has finished 50 percent construction.

The 5th Lao-Thai Friendship between Bolikhamxay and Buangkan finished over half of its construction in August.

OKAY.com celebrates 10 years of Transforming Hong Kong’s Luxury Real Estate Sector

HONG KONG SAR – Media OutReach – 7 September 2022 – Leading real estate agency OKAY.com is celebrating a decade of transforming Hong Kong’s luxury real estate sector. Today, OKAY.com has grown into a trusted resource connecting all stakeholders in the industry, including property owners, developers, tenants, property investors, and real estate professionals, through the power of technological innovation and the industry’s top talent

Since its launch in 2011, OKAY.com has continuously extended its ability to better serve clients with the core belief that technological innovation can meaningfully enhance how an agency operates, such that it can offer agents and the clients they serve a superior experience.

Joshua Han Miller, CEO of OKAY.com, said: “Our journey started with a team of talented individuals that began building a technology platform with the vision of creating a more accurate and efficient agency that would dramatically enhance the experience for home seekers, landlords and agents alike. For a decade, I am very proud to oversee OKAY.com’s growth from its inception to becoming the leading luxury real estate company in Hong Kong. We will continue to be unwavering in our commitment to raise the level of professionalism in the industry and to offer clients a more informed, intelligent, seamless experience and representation.”

Three major value propositions speak to the core of OKAY.com’s service offerings:

Technological Innovation

The absence of physical stores allows OKAY.com to put significant focus on digital transformation. The cornerstone is a proprietary, cutting-edge mobile platform that enables agents to send clients properties faster and with greater efficiency. Technology is also used extensively to increase operational efficiency and synthesize market data.

People and Service

With real-time data analytics on hand, agents offer clients deeper insights and services throughout Hong Kong territory. Clients are not beholden to working with district specialists, and instead receive data-backed advisory based on their needs in a one-to-one client/agent relationship that can service them wherever their search takes them. The end result is that clients can work with agents that are 100% aligned with their interests in a manner that saves time and leads to exceptional client satisfaction. The average client survey rates their experience a 9/10.

Award-Winning Website:

A core value of providing transparency to clients is manifest through their award-winning website, which serves over 1 million unique visitors a year in Hong Kong alone. All listings are verified and updated within 90 days. This stands in contrast to sites where outdated listings and prices, or duplicate listings, hinder the client experience and may lead clients to draw misinformed conclusions on what’s available or what current market trends are.

Early in the company’s inception, OKAY.com was recognized for its tech-centric business model and forward-thinking innovations. In 2014, the company was a Red Herring Asia Top 100 Winner and Top 100 Global Finalist. Widely regarded as one of the tech industry’s most prestigious awards, the Red Herring list seeks to identify the most promising global start-ups, with past winners including Twitter, Facebook ,Skype and YouTube. The company has since evolved to become a market leader in Hong Kong’s luxury market. In 2021, OKAY.com became a Founding Member of the newly formed Forbes Global Properties, a top-tier, curated marketplace for the luxury and ultra-luxury real estate markets worldwide. As an extension of the Forbes brand, membership is only offered to agencies whose reputation, service delivery and strength in luxury can meet the highest standards of the brand.

“We’ve crossed a number of exciting milestones in our first ten years, all driven by a vision of how technology can empower the industry’s best talent to solve clients’ needs,” said Jordan Han Miller, Managing Director of OKAY.com. “The next 10 years hold incredible promise for us to continue in that journey in the luxury market through ongoing innovations, data analytics, and most importantly, providing clients with unparalleled service from agents backed by our platform.”

Hashtag: #OKAY.COM

The issuer is solely responsible for the content of this announcement.

About OKAY.com

OKAY.com is a market leader in the Hong Kong residential real estate industry. As Hong Kong’s fastest-growing real estate agency, it has been built on the premise that technology and transparency lead to greater effectiveness, professionalism, and efficiency for buyers, sellers, and agents alike. OKAY.com’s business model, proprietary technology platform and website have led to it winning several awards for innovation, including being selected as a finalist for the Red Herring Global 100. For more information, visit .

KOL LIVE Announced HK$500,000 Base Salary Scheme In Support of Potentials

HONG KONG SAR – Media OutReach – 7 September 2022 – As the COVID-19 epidemic situation in Hong Kong remains volatile, live streaming is one of the very few industries that have experienced an explosion of growth. In light of the rising trend, KOL LIVE has launched the “$500,000 Base Salary Scheme” to broaden job opportunities for potential streaming talents. There are neither any restrictions nor experience requirements, as long as you are gifted with special talents, you might be the next superstar on KOL LIVE with a guaranteed base salary plus extra income.

Hong Kong’s live streaming industry has seen a strong uptick over the past years. Fueled by the emerging trend, there has been an increasing number of Influencers Management Agencies actively looking for their spots in this promising market. One of the pioneers, KOL LIVE, provides more than simply a list of live streaming platforms. They are devoted to identifying and nurturing extraordinary influencers through comprehensive management, training, and support systems, coupled with fashion image design, marketing advisory, exclusive talent manager, streaming tutorial, advertisement contracting as well as competitive rewards. In their professional hands, numerous livestream influencers have gone from zero to hero, and the number is still counting.

Influencer Management Agencies Expand against Pandemic

With the unrivaled flexibility, the entire live streaming business witnessed a massive increase in market share as well as the number of contracted live streamers. Unlike traditional entertainment, there is no fixed pattern in live streaming, hence every ordinary person has a potential to stick out among the rest. In addition, as the fight against COVID-19 continues, more and more people are making the choice to stay at home, which in turn contributes to the huge surge in live streaming viewership, allowing streamers to earn extra money through creating live streams from home. With the strong demand and supply, influencer marketing agencies have been on an impressive upward trajectory.

Personal And Career Breakthrough In Pandemic Times

Before joining KOL LIVE, Muse, Meimei, and Yuanyuan worked regular office hours as a white-collar. Surviving the pandemic can be tough, fortunately, they have found another way out and made extra income by leveraging their talents in music and dance. KOL LIVE is willing to spend time and money on continuous training and support, helping talents from all backgrounds to upskill themselves and become multi-faced influencers.

Global economy has been hit hard by the coronavirus outbreak, many workers were also sidelined and forced to move online due to the pandemic, hence, live streaming is now growing in popularity among youngsters. KOL LIVE has developed an extensive network covering multiple countries across Asia, including but not limited to China, Hong Kong, Macau, TaiWan, Vietnam and Thailand. Potential streamers can earn up to 6-figure salary per month simply by real-time broadcasting.

The “HK$500,000 Base Salary Scheme” has a limited quota and enrolment will be available on a first-come-first-served basis. If you are interested in the scheme and would like to know more about it, contact us at +852 9558 6425. If you wish to apply for the scheme, sign up here NOW: https://forms.gle/CDeW4UUUcwm7SiA67

IG: https://www.instagram.com/kollive_hk/

Hashtag: #KOLLIVE

Laos Government Allows Foreign Legal Businesses to Survey Land

Empty lands in Vientiane Capital.

The Ministry of Natural Resources and Environment has issued a Decision allowing foreign land businesses to provide land survey and land evaluation services.

Hong Kong Life’s Family Care Dread Disease Protection Plan safeguards your family by extending Cancer Benefit to your loved ones

HONG KONG SAR – Media OutReach – 7 September 2022 – Comprehensive protection provides customers and their family members with extra peace of mind against any unexpected events. Hong Kong Life innovates life insurance products by introducing “One Policy for Three Generations” to meet customers’ family needs.

Following the Family Fortune Savings Insurance Plan launched last year, Hong Kong Life’s Family Care Dread Disease Protection Plan safeguards customers’ family by offering Family Cancer Benefit to the Policyowner’s parents, spouse, and children (Covered Family Members). To help customers embrace a healthier life journey, the Plan also takes care of health issues beyond dread diseases by providing ICU Benefit and Health Checkup Service, etc.

Ms. Micky Cho, Chief Marketing Officer of Hong Kong Life, said: “Having a full protection for yourself and your family is an indispensable element of family planning. Following the Family Fortune Savings Insurance Plan launched last year, we continue to demonstrate the family protection approach by presenting Family Care Dread Disease Protection Plan to customers. The Plan extends the coverage to Policyowner’s parent, spouse and children with Family Cancer Benefits which meets the health protection needs of customers and further safeguard their family members.”

Key Features of Family Care Dread Disease Protection Plan :

  • Flexible Premium Payment Term1 with Whole Life Protection

The Plan provides 2 choices of Premium Payment Term1, i.e. 10 years1 and 20 years1, with whole life protection until age 100 of the Life Insured.

  • Broad Cover for 118 Illnesses2 without Worries

The Plan covers 60 Major Dread Diseases2 and 46 Early Stage Dread Diseases2, as well as 12 Severe Juvenile Diseases2 to safeguard your health comprehensively. If the Life Insured is diagnosed with covered Dread Diseases, the Dread Disease Benefit of the Plan will be paid. For details of covered Dread Diseases and benefit, please refer to List of Covered Dread Disease and Dread Disease Benefit Schedule.

  • ICU Benefit3 to Extend Protection

The Plan provides ICU Benefit3 which extends its coverage to health issues beyond dread diseases. If the Life Insured is required for a Qualified ICU Stay4 for a total of consecutive 3 days or more due to Sickness or Accident, a payment which is equal to 20% of Sum Assured, less Indebtedness (if any) will be paid as ICU Benefit3. Such benefit will only be paid once.

  • Family Cancer Benefit5 for Extra Peace of Mind

The Plan specially offers Family Cancer Benefit5 to the Policyowner’s parents, spouse and children (except the Life Insured). No medical examination and health questions are required for the Covered Family Members. If the parents, spouse or children is diagnosed with Cancer during the benefit term of the Family Cancer Benefit5, for each Covered Family Member, the Family Cancer Benefit5 of the Plan which is equal to up to 20% (applicable for 10 Years Premium Payment Term) or 40% (applicable for 20 Years Premium Payment Term) of Total Initial Annual Premium will be payable to the Policyowner. Family Cancer Benefit5 could be claimed a maximum of 4 times and in which a maximum of 1 time for each of the Covered Family Member, and limited to one payment for one spouse only. The policy value and coverage of the Life Insured will not be changed due to the claim of Family Cancer Benefit5.

Family Cancer Benefit5 Parents Spouse Children
Maximum no. of Covered Family Members 2 1 No Limit
Benefit Term* Before age 85 of Parents/Spouse Before age 18 of Children
Benefit Amount Covered Family Members who are under age 66 on the date of endorsement:

20% (applicable for 10 Years Premium Payment Term) / 40% (applicable for 20 Years Premium Payment Term) of the Total Initial Annual Premium

Covered Family Members who are at or above age 66 on the date of endorsement:

10% (applicable for 10 Years Premium Payment Term) / 20% (applicable for 20 Years Premium Payment Term) of the Total Initial Annual Premium

(maximum of 4 times and in which a maximum of 1 time for each of the Covered Family Member, and limited to one payment for one spouse only)

*The Family Cancer Benefit for each Covered Family Member will be effective 2 years after (i) the endorsement date of such Covered Family Member or (ii) date of any reinstatement, whichever is later.

Also, the Family Cancer Benefit5 provides conversion privilege to the Policyowner’s children to suit their needs. Within 30 days of the Covered Family Member reaches age 18, if no Family Cancer Benefit5 has ever been paid for such Covered Family Member, such Covered Family Member may apply for a new permanent life plan as defined by Hong Kong Life from time to time for an amount up to 100% of Sum Assured of the Plan without further evidence of insurability, subject to the specific terms and conditions, and the then administrative rules as determined by Hong Kong Life from time to time.

  • Extra Services for a Continuum of Health Care

Health Checkup Service6

During the first 10 Policy Years, the Plan provides one time of health checkup service to the Life Insured or Covered Family Members to enjoy every two consecutive Policy Years starting from the 2nd Policy Anniversary.

Second Medical Opinion from Overseas Expert Service7

If the Life Insured has been diagnosed with the dread disease covered by the service, through its professional medical network, the service enables the Life Insured to seek second medical opinion from overseas experts7.

  • Life Protection and Flexible Settlement Option

Apart from Dread Disease Benefit, the Plan also offers whole life protection. If the Life Insured dies while the Plan is in force, the Total Death Benefit which is equal to 100% of Sum Assured, less Dread Disease Benefit8 already paid, plus Terminal Dividend (non-guaranteed)9 (if any), less Indebtedness (if any) will be paid to the Policy Beneficiary.

In addition, the Plan provides flexible Death Benefit Settlement Options10 instead of receiving the Death Benefit in a lump sum payment, Policyowner can designate other settlement options including Installment Payments (Fixed Amount) or Installment Payments (Fixed Period) while the Plan is in force and the Life Insured is alive to settle the Death Benefit to the Policy Beneficiary.

  • Additional Return

The Plan not only provides Guaranteed Cash Value, a Terminal Dividend (non-guaranteed)9 may be payable on or after the end of 12th Policy Year upon the death of the Life Insured, when the Policy is surrendered by the Policyowner, the Major Dread Disease Benefit is fully paid or upon Policy Maturity, whichever is the earliest.

Client Incentive11Up to 25% First Year Premium Discount
Promotion PeriodFrom now till 31 December 2022

  • Successful applications to the Family Care Dread Disease Protection Plan may enjoy up to 15% First Year Premium Discount. Designated client type may even enjoy up to 25% First Year Premium Discount.
  • With successful applications of Family Care Dread Disease Protection Plan and Family Fortune Savings Insurance Plan submitted together, all policies of Family Care Dread Disease Protection Plan(s) may enjoy Extra 5% First Year Premium Discount.

Details of Family Care Dread Disease Protection Plan:

https://www.hklife.com.hk/en/products/personal-insurance/medical-dread-disease-plan/family-care-dread-disease-protection-plan/index.html

Terms and Conditions apply. For enquiries, please contact our Customer Service Hotline at 2290 2882 or visit Hong Kong Life website www.hklife.com.hk.

Note

  1. The Policy will be terminated if the Policyowner cannot settle the premium payment before the end of the Grace Period during the Premium Payment Term, subject to the Automatic Premium Loan, Non-forfeiture Option and other relevant provisions of the Policy. For detailed terms and conditions, please refer to the policy document issued by Hong Kong Life. If the Policy is terminated before the Policy Maturity, the Total Surrender Value (if applicable) received by the Policyowner may be less than the Total Premiums Paid.
  2. For the definition of covered Dread Disease, please refer to the policy document.
  3. The aggregate amount of the ICU Benefit paid under the Plan and payable under other policies issued by Hong Kong Life in respect of the Life Insured’s confinement in ICU within the meaning of the Qualified ICU Stay shall not exceed HKD400,000/ USD50,000 under any circumstances.
  4. “Qualified ICU Stay” means a stay in an ICU of a Hospital where all of the following criteria must be met: (i) the stay in ICU of a Hospital must be a confinement in the ICU for a total of consecutive 3 days or more in one Hospital admission; (ii) the stay in ICU of a Hospital must be a confinement for Medically Necessary treatment or service as recommended and certified by a Registered Medical Practitioner; (iii) the Company will not consider the stay in ICU of a Hospital as Medically Necessary if the Life Insured can be safely and adequately treated in any other medical facility; and (iv) the stay in ICU of a Hospital must not be caused directly, or indirectly, wholly or partly, by any one of the following occurrences: (a) cosmetic treatment performed on the Life Insured unless necessitated by Injury caused by an Accident and the Life Insured sustains the Injury and the cosmetic treatment is approved by Hong Kong Life in advance within 90 days of the Accident; or (b) the Life Insured’s pregnancy, surrogacy, childbirth or termination of pregnancy, birth control, infertility or human assisted reproduction, or sterilisation of either sexes; or (c) mental disorder, psychological or psychiatric conditions, behavioral problems or personality disorder of the Life Insured; or (d) stay in ICU of a Hospital primarily for physiotherapy or for the investigation of signs and/or symptoms with diagnostic imaging, laboratory investigation or other diagnostic procedures; or (e) experimental and/or unconventional medical technology /procedure /therapy performed on the Life Insured; or novel drugs/ medicines /stem cell therapy not yet approved by the government, relevant authorities and recognised medical association in the locality.
  5. Family Cancer Benefit for each Policyowner’s natural parents, spouse or natural children, except the Life Insured (Covered Family Members) is only available if such parents, spouse or children is accepted and approved by Hong Kong Life. The Family Cancer Benefit for each Covered Family Member will be effective 2 years after (i) the endorsement date of such Covered Family Member or (ii) date of any reinstatement, whichever is later. The aggregate amount of the Family Cancer Benefit paid under the Plan and the same benefits paid under other policies issued with Hong Kong Life in respect of each Covered Family Member shall not exceed HKD200,000/ USD25,000 (if the Covered Family Member is under the age of 66 on the date of endorsement) or HKD100,000/ USD12,500 (if the Covered Family Member is at or above the age of 66 on the date of endorsement). In addition, the payment of Family Cancer Benefit should be payable in the event of the Covered Family Member’s survival of 14 days following the Diagnosis of a Cancer. For detailed terms and conditions, please refer to relevant form and the policy document issued by Hong Kong Life.
  6. Health Checkup Service is provided by the third party service provider designated by Hong Kong Life. Such service is not part of the product features. The terms and conditions of the service will be issued together with the relevant service document. The availability of the service is not guaranteed. Hong Kong Life reserves the right to cancel or amend the said service at its sole discretion. In addition, Hong Kong Life will not be responsible for any services or opinions provided by the third party service provider. Hong Kong Life reserves the right of final decision in case of any dispute.
  7. Second Medical Opinion from Overseas Expert Service is provided by third party service provider. Such service is not part of the product features. The availability of the service is not guaranteed. The details of the service will be provided along with the policy document or please refer to the company website of Hong Kong Life. Hong Kong Life reserves the right to cancel or amend the said service at its sole discretion. In addition, Hong Kong Life will not be responsible for any services or opinions provided by the third party service provider. Hong Kong Life reserves the right of final decision in case of any dispute.
  8. Dread Disease Benefit includes Major Dread Disease Benefit, Early Stage Dread Disease Benefit, Severe Juvenile Disease Benefit and ICU Benefit.
  9. Terminal Dividend is not guaranteed and may be changed from time to time. Past performance is not indicative of future performance. The actual amount payable may be higher or lower than those illustrated in the Insurance Proposal. Hong Kong Life reserves the right to change it from time to time.
  10. Death Benefit Settlement Options are only applicable in the event of the death of the Life Insured after the Premium Payment Term and all premiums due have been paid, and subject to the terms and conditions, and the then administrative rules as determined by Hong Kong Life from time to time. For detailed terms and conditions, please refer to the policy document issued by Hong Kong Life.
  11. Client incentive is subject to the terms and conditions of “Fortune Evergrow 2022” Client Promotion Incentive. For details about client promotion incentive, please refer to the follows:

General Client: www.hklife.com.hk/en/promotions/index-id-17.html
Corporate & Bank VIP: www.hklife.com.hk/en/promotions/index-id-18.html

Hashtag: #HongKongLife

About Hong Kong Life

Established in 2001, Hong Kong Life Insurance Limited (“Hong Kong Life”) was founded by five local financial institutions including Asia Insurance Company Limited, Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Wing Hang Bank Limited and Shanghai Commercial Bank Limited, which laid their foundations and have been serving people in Hong Kong for more than 50 years in average. Through our extensive network of around 150 distribution points comprising Chong Hing Bank, CMB Wing Lung Bank, OCBC Wing Hang and Shanghai Commercial Bank, we provide a comprehensive range of insurance services.