FWD extends free vaccination complication cover in Hong Kong
The extension is until 30 June this year.
FWD Insurance has extended the coverage period of its free vaccination complication insurance until 30 June 2022.
The free insurance plan, introduced last year, will cover eligible customers who will suffer from covered adverse reactions arising from designated vaccinations during the coverage period.
The free vaccination complication cover comes with three benefits. First, is the Hospital Cash Benefit, in which a maximum of HK$15,000 or HK$1,000 per day, limited to one stay and up to 15 days, will be payable if the insured customer is admitted to the hospital in Hong Kong or Macau within 14 days as a result of a covered vaccination adverse reaction.
Second is the Compassionate Death Benefit which a total of HK$250,000 will be payable if the customer passes away in Hong Kong or Macau due to a covered vaccination adverse reaction or complications within 30 days after diagnosis.
Last is the Pre-hospitalisation Outpatient Benefit which will HK$300 (up to one time) will be payable if the insured customer consults a registered medical practitioner in Hong Kong or Macau on an out-patient basis due to a covered vaccination adverse reaction, provided that the consultation happens within 14 days prior to hospital confinement.
The free insurance policy was made available for customers insured under the FWD Life Individual Insurance Plans. The insurance plans include the individual insurance plans underwritten by FWD Life Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability) ('FWD');FWD Life (Hong Kong) Limited, FWD Life Assurance Company (Hong Kong) Limited and FWD Life Insurance Company (Macau) Limited ('FWD Life').