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Selasa, 15 Februari 2022 21:11:00

FWD extends free special benefit to cover vaccination complications until 30 June 2022

HONG KONG SAR - 15 February 2022 - FWD Insurance ("FWD") has extended the coverage period of its free special benefit against vaccination complications ("free vaccination protection") until 30 June 2022.

In light of the fifth wave of COVID-19 currently sweeping through Hong Kong and the government's upcoming introduction of a 'vaccine pass', FWD has extended this free vaccination protection that was originally introduced last year to reinforce protection.

The protection is applicable to eligible customers1 of FWD life individual insurance plans in the event of covered adverse reactions arising from designated vaccinations2 during the coverage period, for free and with no registration required.

Kelvin Yu, Chief Product Officer for FWD Hong Kong & Macau said, "We always strive to stay apprised of market developments and our community's needs to offer the best-suited protection in a flexible and timely manner. We're extending the coverage period of the free vaccination protection to support our community's fight against the pandemic. We'll continue to monitor the situation and adjust our strategy to provide 'better coverage and more comprehensive protection'."

If eligible customers suffer from covered adverse reactions arising from designated vaccinations during the coverage period, they will receive the free vaccination protection including:

1.       Hospital Cash Benefit: A maximum of HK$15,000 (HK$1,000 per day, limited to one stay, 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.

2.       Compassionate Death Benefit: 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.

3.       Pre-hospitalisation Outpatient Benefit: 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. (*).