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It's simple to apply for Term Insurance online! If you aged 45 or below, you can now get up to $4.5 million cover without going through any medical examination. 

 

Focus on protecting your family! If we compare Term Insurance to life insurance savings products that "return your money" (e.g. whole life insurance), Term Insurance has the highest protection per dollar of premium. Almost all premiums received goes to providing the death benefit and not used to build up surrender values. 

 

As an example, we compare a Term Insurance and a Whole of Life Insurance policy for a 30-year-old male. To get the same level of cover, he would have to pay 4 times more!

 

 

Term Insurance

Whole Life Insurance

Premium About HK$500/mth About HK$2,000/mth
Policy term Till 65 years old Till life (i.e. till policyholder passed away)
Guaranteed death benefit up to 65 years old HK$3m

HK$3m plus bonus (if any). Bonus not guaranteed, subject to insurer’s investment performance. Distribution of bonus after 3 to 4 years from policy start.

Guaranteed death benefit after 65 years old NIL

Cash surrender value

NIL

Not any in earlier years. Accumulated cash value after 20 years from policy start is close to the total premium paid. For example, the total premium paid by the 20th year: HK$480k, and the cash surrender value at that point (includes non-guarantee bonus) is only HK$420k.

 

  

 

DIY Simple Application Process - 5 Easy Steps, Instant Apply Online

 

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InsureDIY helps follow up with your policy application, walking through the underwriting process every step of the way, if any. We are here to service your policy for the entire policy term!

 

Find out more on term insurance

 

Or check out your non-medical limit* now

 

 

 

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*The maximum sum assured on a term policy for applicants who are not given a medical examination.

 

 


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  Best Price Challenge  

You can find only the best price competitive products on our platform. Want to keep an eye out on every popular policy?

 

Register now to check out all the high ranked plans.

       

 

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   Save Time  

Buying directly on our website. 

 

One-stop shop. Key in once for multiple quotes, no more re-keying your information at multiple insurers' websites.

       

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  Get the Best Cover  

Curated from thousands of term insurance products to 5 - 6 best products. Compare the plans side-by-side to buy the one that best suits you.

   

As a PIBA licensed provider, we work directly with the insurers to bring you the same quality products that you can find on their own websites. 

 


 
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ProLife Term Life Insurance


 

Wisdom Term Life Plan


 

Smart Elite Term


Guaranteed renewable till age 99.

That means insurability issue does

not grow old with you!

 

A one-off advance payment, equal to

100% of the sum assured will be paid

as Terminal Illness Benefit, to alleviate

the financial burden of the policyholder

in the hardest time.

 

Conversion option gives you flexibility – convert to specified plan without the need

to provide evidence of insurability before age 70. Up to extra $1.5 m cover with

add-on accident rider.

         
         
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Term Plan II


 

International Term Assurance


 
 

Add on Multi Protection Benefit could

protect policyholder from extra 4 critical

illness claims and 2 cancer claims

(on top of the basic Living Master

Benefit/Extra Benefit).

 

 

Waiver of premium benefits provide

policyholder, under the totally incapacitated situations, before age 79 the same cover

without his continuing the premium payment.

 

 


 

The above table is for illustration only, click on it to see the latest quotes and discounts.

 

InsureDIY Limited is an insurance broker licenced by PIBA and is authorised to distribute insurance in Hong Kong.