Savings & Investment
Education
HOPE Series
By choosing to save for your child or grandchild's university education with HOPE series, you are assuring a wealth of opportunities for a successful career and a brilliant future for your next generation.
What does HOPE Series offer?
It is tailored for customers who are looking for a lifetime gift for the child’s education fund with limited pay lifetime coverage.
Three choices of premium paying periods are offered to meet different financial or personal needs:
| Plan |
Premium Paying Period |
| HOPE Educator (Single Pay) |
Single premium |
| HOPE Educator 5 |
5 years |
| HOPE Educator |
Pay to age 18 of your child |
Highlights:
- A whole life savings plan with specific premium payment choices combining a guaranteed education benefit when your child reaches age 18 with lifetime coverage.
- An Educational Benefit equal to 50% of the Face Amount is payable at the Policy Anniversary on or after age 18.
- A double protection amount is offered after the child reaches age 18 without paying premium thereafter.
- Level and guaranteed premiums.
Downloads for HOPE Series
Supplementary Benefits for HOPE Series
(not applicable to HOPE Educator (Single Pay))
Please select the riders and supplementary benefits from the selection menu above.
- This benefit will pay out a cash lump sum to help you pay for medical expenses if the insured child suffers from one of the specified Critical Conditions such as Hemophilia.
- A cash lump sum will be paid if the insured child loses a limb, his/her sight, or suffers from major burns in an accident.
- Two years after the policy is issued or reinstated, whichever is later, if the Insured is diagnosed with a terminal illness with no more than 12 months life expectancy, we will advance the death benefit, up to 60% of the basic plan Face Amount, as a policy loan.
- The maximum advanced payment is up to US$30,000 per life.
- Yearly renewal - SunHealth Medical Care Rider offers low premium1 amount at the start which you can start your medical protection more easily at a younger age.
- We are committed to continuing to provide coverage to you, and the automatic renewal is guaranteed until the Benefit Anniversary on or immediately following the Insured’s 100th birthday for the rider2.
- Unique on the market - Guarantee your future insurability - When you reach the age of 30, 40, 50 or 60, you can purchase a new medical plan regardless of the health status at that time with guaranteed insurability3.
- The policy issue age is up to 75.
- Loyalty Bonus - While the plan is in effect, on every 10th Benefit Anniversary, a Loyalty Bonus equivalent to 5% of the standard annual premium4 of the plan will be paid to you as a token of appreciation for being our loyal customer.
- Family Care Benefit5 - You can select one of the caring services including Parental Care, Child Care, Spouse Care and Pet Care at no extra premium.
- You can also add the Optional Supplementary Benefit to further reduce your medical expenses, and the Optional Female Benefit for mothers-to-be.
- You can enjoy the best No Claim Discount on the market simply by staying healthy.
- 2 pre-surgical out-patient visits6 within 3 months before the surgery will be paid for if you are unfortunately diagnosed by a doctor that you need to undergo a surgery due to an illness or accident.
- All related follow-up out-patient visits6 will be paid for within 3 months immediately after the surgery.
- SunHealth Medical Care Rider also covers home nursing, chiropractic, acupuncture and physiotherapy treatments.
1 Premiums are not guaranteed and may be revised by the Company to reflect the policy experience (e.g. claim experience), medical inflation and benefit changes over time.
2 The automatic renewal is guaranteed until the Benefit Anniversary on or immediately following the Insured's 76th birthday for Optional Supplementary Benefit (if applicable) and 50th birthday for Optional Female Benefit (if applicable).
3 Only available to HKID cardholders with no extra exclusions and extra premiums. The Insured can only exercise this option once per life, subject to our then maximum medical coverage per life. This option is only available to Plan 1 and Plan 2.
4 The premium is determined based on annual payment mode before No Claim Discount, excluding premiums on supplementary benefits and extra premiums.
5 The Family Care Benefit is provided by a third party company, Inter Partner Assistance Hong Kong Limited (I.P.A.). The benefit and service are not guaranteed renewable. Please refer to the SunHealth Valued Added Services leaflet for details.
6 Pre- and Post-surgical Out-patient care visits are subject to the same benefit cap.
- While you are confined in the hospital, this benefit gives you a daily income for up to 1,000 days per disability.
- The total maximum benefit payable is up to HK$1 million.
- The Critical Illness Benefit provides exceptionally comprehensive coverage for 48 common critical illnesses and disabilities by advancing the death benefit and policy values payable under your basic plan.
- The Recurring Benefit will be payable with no further premium required if Cancer, a Heart Attack or Stroke recurs within a specified coverage period.
- The additional Life Stage Benefit that covers Juvenile, Female / Male Illnesses and Golden Years Condition cares for your needs at different stages of life.
- The Value-added Benefit provides you with one of the following professional services of your choice:
- Second Medical Opinion Service, which is provided by a third party company, Inter Partner Assistance Hong Kong Limited. This service is not guaranteed renewable.
- Psychological Counselling Service (Maximum cap USD1,250 / HKD10,000)
- Dietetic Therapy Service (Maximum cap USD1,250 / HKD10,000)
- The Critical Illness Benefit provides exceptionally comprehensive coverage for 48 common critical illnesses and disabilities. This is a top-up coverage in addition to your basic plan life insurance.
- The Recurring Benefit will be payable with no further premium required if Cancer, a Heart Attack or Stroke recurs within a specified coverage period.
- The additional Life Stage Benefit that covers Juvenile, Female / Male Illnesses and Golden Years Condition cares for your needs at different stages of life.
- The Value-added Benefit provides you with one of the following professional services of your choice:
- Second Medical Opinion Service, which is provided by a third party company, Inter Partner Assistance Hong Kong Limited. This service is not guaranteed renewable.
- Psychological Counselling Service (Maximum cap USD1,250 / HKD10,000)
- Dietetic Therapy Service (Maximum cap USD1,250 / HKD10,000)
- Upon death of the policy owner, the basic plan and supplementary benefit premiums will be waived. If this Benefit is attached to Rainbow Graduate, Sun Life Financial will pay regular contributions to the plan.
- The benefits will last until the Insured turns 25 or the payment term of the basic plan ends, whichever is earlier.
- If the Policy owner dies or is totally disabled before age 60, the basic plan and supplementary premiums will be waived during the period of disability. If this Benefit is attached to Rainbow Graduate, Sun Life Financial will pay regular contributions to the plan.
- The benefits will last until the Insured turns 25 or the payment term of the basic plan ends, whichever is earlier.
- This Optional Supplementary Benefit can be purchased with SunHealth Medical Care.
- Reimburses 80% treatment expenses in excess of the maximum amount paid under the Schedule of Benefit of Hospitalization and Surgical Benefit. The reimbursement percentage will be adjusted to 40% for any treatments and services taken outside Hong Kong except hospitalization due to an accident.
- Tender Care, reimburses medical expenses, including treatments provided by a Chinese herbalist or bonesetter, which result from injuries due to an accident.
- You will receive a special daily allowance for up to 90 days if the insured child is hospitalized after an accident.
- A cash lump sum will be paid to you upon the tragic death or loss of a limb or sight of the insured child. These benefits will be doubled if your child is a passenger in a school bus or other public transport conveyance when the accident occurs.
- In the event of an emergency anywhere in the world, this benefit provides comprehensive cover such as transfer to a hospital, pre-paid deposit of up to HK$40,000 for hospital admission, emergency rescue and repatriation services.
- All services under this benefit are provided by Inter Partner Assistance Hong Kong Limited.
- This benefit allows the policy owner to increase coverage by paying an additional premium every year.
- Cash value will be accumulated in this benefit.
