HSBC Family Goal Insurance Plan

1. The Sum Insured as a percentage of the total premiums expected to be paid over the full premium period is a rounded percentage that varies depending on your chosen premium payment mode. If you choose monthly payments, such percentage will be lower due to higher amount of total annual premiums projected to be paid.

2. Cancer and Disability (Advance Payment) Benefit will terminate upon the 20^th policy year. Your policy will terminate once we pay this benefits to you. No benefits for any Cancer under the policy shall be payable under any of the below conditions:

• Any pre-existing condition from which the life insured or his/her Child³ was suffering prior to the Issue Date, the Policy Date or the effective date of the last reinstatement, whichever is the latest; or
• Any cancer signs or symptoms first diagnosed within one-year waiting period; or
• Intoxication by alcohol or drugs not prescribed by a Registered Medical Practitioner; or
• Presence of Human Immunodeficiency Virus (HIV) infection on or before the diagnosis date of Cancer (except for "HIV Due to Blood Transfusion and Occupationally Acquired by HIV" as defined in the policy term)
  

No benefits for any Total and Permanent Disability shall be payable under any of the below conditions:

• Any pre-existing condition from which the life insured was suffering prior to the Issue Date, the Policy Date or the Effective date of the last reinstatement, whichever is the latest; or
• Willful self-inflicted injury; or
• Insanity or mental infirmity or disease; or
• Committing or trying to commit a criminal offence; or
• Taking or absorbing, accidentally or otherwise, any drug, medicine, sedative or poison, except as prescribed by a Registered Medical Practitioner; or
• Engaging in hazardous sports (including mountaineering necessitating the use of ropes or guides, pot-holing, parachuting, skin-diving or other underwater pastimes, winter sports, racing of any kind other than on foot, steeple chasing or polo), other than those stated in the application; or
• Entering, operating, or servicing, riding in or on, ascending or descending from any kind of device designed for flight in or beyond the earth's atmosphere except while the Life Insured is a passenger or air crew in an aircraft operated by a commercial passenger airline on a regular scheduled passenger trip over its established passenger route.

Please refer to the relevant policy provisions for the details of terms and conditions and exclusions.

3. Child means a biological and adopted son or daughter, step-son, step-daughter of the life insured who is of age⁶ under 18.

4. You may apply to exercise this Policy Value Management Option to allocate a portion of the Net Cash Value as of the date of such request is processed, to the Policy Value Management Balance¹¹ provided that:

• This Policy has been in force for 20 Policy Years or more;
• All premiums are paid up when due; and
• There is no Indebtedness⁹ under the Policy.

The exercise of the Policy Value Management Option is subject to the minimum amount requirements on (i) the Net Cash Value to be allocated per transaction; and (ii) the Sum Insured after the exercise of this option. Such minimum amount requirements are determined by the Company from time to time without prior notice to Policyholder.

5. Terminal Illness Benefit will terminate on the Policy Anniversary at which the life insured attains the age⁶ of 65, or payout of such benefit or your policy is terminated (whichever is the earliest). Your policy will terminate once we pay this benefit. No Terminal Illness Benefits shall be payable under any of the below conditions:

• Any pre-existing condition from which the life insured was suffering prior to the Issue Date of the Policy or the effective date of this Benefit or the effective date of last reinstatement, whichever is the latest; or
• Any Human Immunodeficiency Virus (HIV) or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) or any mutations, derivation or variations thereof.

Please refer to the relevant policy provisions for the details of terms and conditions and exclusions.

6. Age means the age of the life insured or the policyholder where applicable at his/her next birthday.

7. Unemployment Benefit is applicable to any policyholder aged⁶ between 19 and 55 years who is the holder of a Macau Resident Identity Card. The benefit will terminate on the policy anniversary at which the policyholder attains the age⁶ of 65 or all due premiums have been paid or your policy is terminated (whichever is the earliest).

8. If you choose to pay premiums in monthly payments mode for a Policy Year, the total premiums payable for that Policy Year will be greater than that in annual payment mode.

9. Indebtedness is the sum of all outstanding Policy Loans or Automatic Premium Loans advanced in accordance with the Policy plus the accrued interest on such loans as well as any outstanding premiums or payments.

10. Upon the partial surrender of the Policy, a portion of the Special Bonus (if any) attributable to the reduced portion of the Sum Insured may be declared at the Company's discretion and such amount, if any, will be payable as part of the partial surrender payment subject to the applicable requirements. Please refer to the Policy Provisions for detailed terms and conditions of partial surrender.

11. Policy Value Management Balance means the amount of the accumulation of the proceeds from exercising the Policy Value Management Option⁴ which is allocated to the Policy to accumulate at such non-guaranteed interest rate(s) that are determined at the Company's discretion from time to time, and less any previously withdrawn amounts.