FWD introduces free special benefit to cover COVID-19 vaccination complications

FWD Hong Kong & Macau (“FWD”) is pleased to introduce a free special benefit to provide all-rounded protection for its customers from COVID-19 vaccination complications. During the period from 8 February until 30 June 2021, inclusive, eligible customers* who have purchased any FWD insurance plans will be provided with this extra protection against possible vaccination complications for free. This special benefit covers all vaccinations approved by local authorities including the latest COVID-19 vaccinations with no prior registration required. 

The special benefit covers:

1. Hospital Cash Benefit: A maximum of HKD15,000 (HKD1,000 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 HKD250,000 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: HKD300 (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.

Kelvin Yu, Chief Product Officer for FWD Hong Kong & Macau said, "We regularly review and upgrade our protection plans to provide our customers with comprehensive protection. We’ve introduced this free special benefit against vaccination complications for customers in view of the recent launch of COVID-19 vaccination programmes to provide peace of mind as we continue to fight the pandemic together with our community.”

Please contact FWD insurance advisors or call the FWD Hong Kong service hotline at (852) 3123 3123 and FWD Macau service hotline at (853) 8988 6060 for more information about the benefit.

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* Eligible customers refers to insureds of in-force FWD Life Individual Insurance Plans underwritten by FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability); FWD Life (Hong Kong) Limited; FWD Life Assurance Company (Hong Kong) Limited; and FWD Life Insurance Company (Macau) Limited (collectively “FWD Hong Kong & Macau”).