Starting from the end of June 2020, FWD Life Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability) (“FWD”) will send out notifications gradually to the policy owners who are holding below in-force designated FWD individual indemnity hospital insurance plan (“Designated FWD IHIP”) underwritten and issued by FWD before 1 April 2019 (“Eligible Customers”) before the policy anniversary of the Designated FWD IHIP, regarding the availability of the one-off migration arrangement3 to certified plans under the Voluntary Health Insurance Scheme (“FWD VHIS Plan(s)”). By then, the Eligible Customers of the Designated FWD IHIP can choose to migrate the policy from existing Designated FWD IHIP to any one of the FWD VHIS Plans, and the underwriting arrangement for the migration to FWD VHIS Plan is determined by the Designated FWD IHIP policy that they are holding and the FWD VHIS Plan that they are applying.
Before migrating the policy from Designated FWD IHIP to FWD VHIS Plan, Eligible Customers should consider various factors, including but not limited to the followings:
Assurance on matching your insurance needs may require if you are interested to apply for migration. Your FWD insurance financial adviser will be happy to assist you.
For further details regarding the migration arrangement, please contact your FWD financial adviser or call FWD’s service hotline +852 3123 3123.
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