The Bank of East Asia

Insurance & MPF Services

Mortgage Life Insurance Plan Promotion


      e-Select Mortgage Life Insurance Promotion      

Insurer: BEA Life Limited
Insurance Agency: The Bank of East Asia, Limited

From now till 31st December, 2020, you can enjoy a first-year annual premium discount when you successfully enrol in the following Mortgage Life Insurance plan:

Mortgage Life Insurance Plan     First-year Annual Premium Discount*  
    e-Select Mortgage Life Insurance     10% 

*Applies to policies via online application with annual premium payment only 

Terms and Conditions:
  1. The first-year annual premium discount (the “Premium Discount”) above applies to policies via online application with annual premium payment only.
  2. To qualify for the Premium Discount, customers must submit applications through Insurance Services Webpage of The Bank of East Asia, Limited (“BEA”) between 1st January and 31st December, 2020, both dates inclusive, and the relevant policy must be successfully issued by BEA Life Limited (“BEA Life”).
  3. BEA and BEA Life reserve the right to reclaim the amount from a customer who is not eligible for the received Premium Discount amount. 
  4. The Premium Discount cannot be redeemed for cash and is non-replaceable, non-refundable, and non-returnable.
  5. The Premium Discount cannot be enjoyed in conjunction with any other promotional offers for this insurance plan, unless otherwise specified.
  6. Customers will only receive a refund of the paid premium (not including the amount of Premium Discount) and paid levy if they cancel their policies within the cooling off period.
  7. BEA and BEA Life reserve the sole right to vary or cancel this promotional programme and/or amend or alter these Terms and Conditions at any time without prior notice. In the event of any dispute, the decision of BEA and BEA Life shall be final and conclusive.
  8. This marketing material is for reference only. For details of the insurance plan, please click here and refer to the relevant policy.
  9. Should there be any discrepancy between the English and the Chinese versions of this marketing material and these terms and conditions, the English version shall apply and prevail.

Important Notes: