Migration Arrangement to VHIS Certified Plans for Existing Individual Indemnity Hospital Insurance Plans’ Policy Owners

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.