LionGuardian

www.generali.com.hk

Make life limitless讓人生再無界限

About Generali Hong KongSince the 1970s, Generali Hong Kong has enabled people to shape a safer future by caring for their lives and dreams. Over the years, we have come to understand the individual requirements of our customers, and are continuously adapting and innovating to meet their changing needs.

Through our extended distribution network of over 300 brokers and intermediaries, we combine our local knowledge with Generali Group’s global network and experience to design unique and innovative, yet

ensure peace of mind for people in Hong Kong.

About Generali GroupGenerali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of more than €66 billion in 2018. With nearly 71,000 employees serving 61 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the life-time partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.

Company information as at Dec 2018

Unlimited ProtectionThe future is unpredictable. No amount of intuition will change the fact that tragedy can strike when we least expect it. Rates of critical illnesses such as Stroke, Heart Attack, and Cancer are on the rise, particularly among younger people. In light of this, we strive to offer unlimited protection to provide �nancial security for your family in the unfortunate event of a personal illness.

Generali aims to give you comprehensive life protection, as the �rst in the market that offers unlimited Major Critical Illness Bene�t1. Furthermore, the bene�t paid out for major illness diagnoses will not be affected by previous claims. Even in the instance of a Benign Tumour that is not life threatening, child illnesses due to congenital defects or mental health conditions, we promise we will cover them all. LionGuardian is an extensive, hassle-free coverage that allows you and your loved ones to enjoy your wonderful life.

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Promises

After the benefit payable reaches 100% of the Sum Assured, you don’t need to pay a premium for the basic plan anymore. Free coverage until age 100!

WE PROMISE to waive your future premium after 100% Sum Assured is paid2

Every claim of Major Critical Illness Benefit1 you make is equally important, including the first claim. They will be all equal to 100% of the Sum Assured.

WE PROMISE every claim of Major Critical Illness Bene�t1 will be equal to 100% of Sum Assured

This plan covers 69 Major Critical Illnesses1 and 69 Early Stage or Minor Illnesses4 (including 9 juvenile illnesses) to provide you with all-round protection.

WE PROMISE to offer protection against 138 different illnesses3

WE PROMISE to protect the mental health of your children and cover congenital conditions

Attention-Deficit Hyperactivity Disorder (ADHD)3, Autism3 and Tourette Syndrome (TS)3 are a more common concern among parents. Proper treatment can help to alleviate and manage many of the symptoms for these conditions. Parents can get 20% of the Sum Assured upon the first diagnosis of a mental health condition their child receives. We aim to help to relieve the burden of treatment. Moreover, illnesses due to congenital conditions are also being covered.

WE PROMISE to protect you even if it’s a Benign Tumour5

Removing a Benign Tumour5 is the only way to guarantee that it won’t become an issue later. We will provide 20% of the Sum Assured to cover the surgical expenses for removal.

WE PROMISE to provide UNLIMITED COVERAGE1 on Major Critical Illnesses

�We understand the importance of having peace of mind. LionGuardian is designed to provide UNLIMITED Major Critial Illnesses Benefit for health risk including Cancer, Stroke and Heart Attack over the course of your lifetime.

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20%

20%

20%

3

Sum Assured100% 100%

Accumulated non-guaranteed annual dividend6

+ Non-guaranteed special dividend6

20%

20%

20%

Benefit amount of Multiple Claims

Waiting period for Major Critical Illnesses Benefit claim

Unlimited Coverage1

Cancer

Other illnesses

1 year

1 year

1 year 1 yearOther illnesses Recurrence, metastasisor persistence of same cancer

Other illnesses

New Cancer Death Benefit

3 years

Death BenefitSecond Major Critical

Illness BenefitFirst Major Critical

Illness BenefitEarly Stage or Minor

Illness Benefit

All premiums of basic plan are waived2

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Case Studies

Parents always offer the best to their children. LionGuardian covers congenital conditions, while at the same time supporting juvenile conditions such as Autism3, ADHD3 and Tourette Syndrome3, to protect your child’s mental health. Protection for lifetime starting from 15 days after birth!

Mr. Chan’s son

Age: 0

After years of hard work in her career, Ms Wong has finally reached a high position in the company. However, working under stress with an unhealthy diet has increased her risk of contracting critical illnesses. To protect her years of achievement and allow her to focus on her career with peace of mind, Ms Wong applied for LionGuardian.

Premium Payment Term: 10 yearsSum Assured: USD 800,000 Annual Premium: USD 54,728

As the breadwinner, Mr. Lee has to work hard to take care of his family. He applied for LionGuardian for comprehensive critical illness coverage, so his loved ones will not suffer a heavy financial burden for his medical expenses should a critical illness strike.

Premium Payment Term: 20 yearsSum Assured: USD 400,000Annual Premium: USD 14,128

Undergoes PercutaneousCoronary Intervention

Diagnosed with Less Severe Heart Attack

Suffers Heart Attack Suffers Second Heart Attack

Diagnosed with Stroke Death

At least after1 year

At least after1 year

Upon payment of Major Critical Illness Benefit1, future premiums of the basic plan will be waived2.

Total benefit payable toMr Lee and his family:USD 1,410,000(352% Sum Assured)

Mr. Chan does not need to pay any premium2 anymore and his son will enjoy free coverage!

Autism

Congenital disease was discovered when his son entered kindergarten.

Attention-Deficit Hyperactivity Disorder (ADHD)

With LionGuardian’s support, Mr. Chan’s son can undergo treatment to help ease the symptoms at early stage.

Discover that Mr. Chan’s son has congenital heart disease.

Surgical Excision of Benign Tumour in Ovary

Diagnosed with Carcinoma-in-situ in Uterus. With the benefit from LionGuardian, she can treat it as early as possible

Diagnosed with Thyroid Cancer

At least after 3 years

Her Thyroid Cancer persists after 3 years

Upon payment of Major Critical Illness Benefit1, future premiums will be waived2.

If Thyroid Cancer persists before Ms. Wong reaches age 100, her total benefit payable during policy term will be USD 13,675,000 (1709% Sum Assured)

If Cancer persists, Ms. Wong can receive Major Critical Illness Benefit1 every 3 years, until age 100.

Early stage or Minor Illness Benefit4 Major Critical Illness Benefit1 Death Benefit

Total benefit payable to Mr. Chan: USD 320,000 (160% Sum Assured)If any of the covered Major Critical illnesses strike later, Mr. Chan can receive 100% Sum Assured each time for his medical treatment until age 100.

Premium Payment Term: 25 yearsSum Assured: USD 200,000 Annual Premium: USD 2,322

Ms. Wong Age: 40Single

Management in Chinese enterprise

Mr. LeeAge: 35

Architect� with a son

Less Severe Heart Attack

Suffers Cardiomyopathy.

Cardiomyopathy

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This Plan covers the following illnesses:

Cancer

Illness related to the Heart3.4.

5.6.7.

8.9.10.11.

1.2.

12.

13.14.

15.

16.

17.18.19.20.21.22.23.24.25.26.

27.28.29.30.31.32.33.

34.35.

36.

1.

2.3.

4.5.6.7.8.9.10.

11.

12.13.14.15.16.

17.18.19.20.21.22.23.24.25.26.27.28.29.30.31.32.

33. 34. 35.36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48.

49.

37.38.39.40.41.42.43.44.45.46.47.

48.49.50.

Major Critical Illnesses Early Stage and Minor Illnesses

Cardiomyopathy

Coronary Artery disease requiring Surgery

Cancer

Eisenmenger's Syndrome Heart Attack

Heart Valve Surgery Infective Endocarditis

Other Serious Coronary Artery Disease Primary Pulmonary Hypertension

Surgery to Aorta

Carcinoma-in-situ* Early Stage Malignancy*

Early Cardiomyopathy

Endovascular Treatments of Aortic Disease or Aortic AneurysmLess Severe Heart Attack

Less Severe Infective Endocarditis

Minimally Invasive Direct Coronary Artery By-pass*Percutaneous Coronary Intervention*

Percutaneous Valve SurgeryPericardiectomy

Kawasaki Disease with Heart Complication*∼

Angioplasty or Endarterectomy for Carotid ArteriesCerebral Shunt Insertion

Early Stage Dementia including Early Stage Alzheimer’s Disease

Endovascular Treatment for Cerebral Aneurysm

Less Severe Amyotrophic Lateral SclerosisLess Severe Bacterial Meningitis

Less Severe ComaLess Severe Encephalitis

Less Severe Myasthenia GravisLess Severe Parkinson's Disease

Less Severe Primary Lateral SclerosisLess Severe Poliomyelitis

Less Severe Progressive Bulbar Palsy Less Severe Progressive Muscular Atrophy

Less Severe Progressive Supranuclear PalsyModerately Severe Brain Damage

Moderately Severe ParalysisSevere Psychiatric Illness*

Surgery for Subdural HaematomaSurgical Removal of Pituitary Tumour

Tuberculous Myelitis

Attention-Deficit Hyperactivity Disorder (ADHD)∼

Autism*∼

Intellectual Impairment due to Illness or Accident*∼

Tourette Syndrome (TS)∼

Alzheimer’s Disease / Irreversible Organic Degenerative Brain DisordersAmyotrophic Lateral Sclerosis

Apallic SyndromeBacterial Meningitis

Benign Brain Tumour

Cerebral Aneurysm or Arteriovenous Malformation Requiring SurgeryComaEncephalitis

HemiplegiaMajor Head TraumaMultiple Sclerosis

Muscular DystrophyParalysis

Parkinson’s DiseasePoliomyelitis

Primary Lateral SclerosisProgressive Supranuclear Palsy

Severe Myasthenia GravisSevere Progressive Bulbar Palsy

Spinal Muscular AtrophyStroke

Tuberculosis Meningitis

Acute Necrohemorrhagic PancreatitisAplastic Anaemia

Chronic Auto-immune HepatitisChronic Liver Disease

Chronic Relapsing PancreatitisEnd-stage Lung Disease

Fulminant Viral HepatitisKidney Failure

Major Organ TransplantMedullary Cystic Disease

Severe BronchiectasisSevere Crohn's Disease

Severe EmphysemaSevere Pulmonary Fibrosis

Severe Ulcerative Colitis

Systemic Lupus Erythematosus (SLE) with Lupus NephritisSystemic Scleroderma

Acute Aplastic AnaemiaBiliary Tract Reconstruction Surgery

Chronic Lung DiseaseEarly Renal Failure

Hepatitis with CirrhosisLess Severe Crohn's Disease

Less Severe Rheumatoid ArthritisLess Severe Systemic Lupus Erythematosus

Less Severe Ulcerative ColitisLiver Surgery

Major Organ Transplantation (on Waiting List)Miliary TuberculosisSurgical Removal of One Lung

Severe Asthma*∼

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Illnesses related to Major Organs and Functions

Illnesses related to the Nervous System

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Any Pre-existing Condition prior to or condition manifesting itself occurred within 90 days following, the later of the Date of Issue or effective date of any reinstatement of the Policy.Suicide, attempted suicide or self-inflicted injury while sane or insane.AIDS or any HIV or any mutation, derivation or variation thereof, except for AIDS Due to Blood Transfusion, Occupationally Acquired AIDS, HIV infection due to Assault, or Organ Transplant.Drug and/or alcohol abuse.Any criminal act.War, declared or undeclared, revolution or any warlike operations; military or naval service in time of declared or undeclared war or while under orders for warlike operations or restoration of public order.Different exclusions may apply for individual illnesses. Please refer to Policy Provisions for details.

Major Exclusions:(i)

(ii)(iii)

(iv)(v)(vi)

(vii)

51.52.

53.54.

55.56.

57.58.59.60.61.

62.63.64.65.66.67.68.69.

50.51.52.

53.

54.55.56.

57.

58.59.60.61.62.63.64.

65.66.67.68.69.

*

∼

#

@

^

Subject to a maximum benefit amount of USD 50,000 per life for each illness.

Coverage ceases at age of 22.

Coverage ceases at age of 70.

Coverage ceases after first Major Critical Illness Benefit claim.

Subject to a maximum benefit amount of USD 50,000 per life. Surgical Excision of Covered Benign Tumour in Breast, Ovary and Uterus (only endometrial polyps) are subject toa maximum benefit amount of USD 25,000 per life.

Other Illnesses

Major Critical Illnesses Early Stage and Minor Illnesses

Diabetic Retinopathy*

Endovascular Treatment of Peripheral Arterial Disease*Facial Burns due to Accident

Facial Reconstructive Surgery for Injury due to AccidentHemolysis Streptococcus Gangrene

Less Severe Burns to Body due to AccidentLess Severe Elephantiasis

Loss of Hearing in One EarLoss of One LimbLoss of Sight in One Eye

Loss of Speech due to Vocal Cord ParalysisOsteoporosis with Fractures*@

Secondary Pulmonary Hypertension Severe Central or Mixed Sleep Apnea*

Skin TransplantationSurgical Excision of Covered Benign Tumour^

Insulin Dependent Diabetes Mellitus*∼

Osteogenesis Imperfecta - Type III*∼

Still's Disease*∼

AIDS due to Blood TransfusionBlindness

Chronic Adrenal Insufficiency (Addison’s Disease)

Creutzfeld-Jacob Disease (Mad Cow Disease)EbolaElephantiasis

HIV Infection due to Assault

HIV Infection due to Organ TransplantLoss of Hearing

Loss of Independent Existence#@

Loss of One Limb and One EyeLoss of Speech

Major BurnsNecrotising Fasciitis

Occupationally Acquired HIVPheochromocytoma

Severance of limbsSevere Osteoporosis@

Severe Rheumatoid ArthritisTerminal Illness#

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Remarks:Major Critical Illness Benefit will be payable upon diagnosis of Major Critical Illnesses listed above and until termination of the Policy. In respect of each Major Critical Illness, the Major Critical Illness Benefit shall be payable maximum once only, except Cancer, Stroke and Heart Attack . For Major Critical Illness Benefit claims more than once, it is subject to waiting periods and terms and conditions. Please refer to the terms and conditions in the Policy Provisions for details.

No further premium of basic plan is required upon termination of Early Stage or Minor Illness Benefit or first claim of Major Critical Illness Benefit, whichever is earlier.

Coverage for “Osteoporosis with Fractures” , “Loss of Independent Existence” and “Severe Osteoporosis” will be ceased at the Insured's age of 70. After the first Major Critical Illness Benefit claim, coverage for “Loss of Independent Existence” and “Terminal Illness” will be ceased. Coverage for “Kawasaki Disease with Heart Complication”, “Autism”, “Intellectual Impairment due to Illness or Accident”, “Severe Asthma”, “Insulin Dependent Diabetes Mellitus”, “Osteogenesis Imperfecta - Type III”, “Still's Disease”, “Attention-Deficit Hyperactivity Disorder (ADHD) and “Tourette Syndrome (TS)” will be terminated at the Insured's age of 22.

One claim is allowed for each Early Stage or Minor Illness diagnosed. Claims for Carcinoma-in-situ and Percutaneous Coronary Intervention can be accepted up to 2 times. Terms and conditions must be fulfilled to be eligible for a second claim for Carcinoma-in-situ and Percutaneous Coronary Intervention. Early Stage or Minor Illness benefit will be terminated when (i) the total benefit amount paid or payable for Early Stage or Minor Illness Benefit is equal to 100% of the Sum Assured or (ii) after the first claim of Major Critical Illness benefit, whichever is earlier.

Coverage of "Surgical Excision of Covered Benign Tumour" is subject to a maximum benefit amount of USD 50,000 per life. Surgical Excision of Covered Benign Tumour in Breast, Ovary and Uterus (only endometrial polyps) are subject to a maximum benefit amount of USD 25,000 per life.

Annual Dividend will be declared starting from the 3rd Policy Anniversary. Special Dividend will be payable only for claim/policy termination starting from the 10th

Policy Anniversary. Annual Dividend and Special Dividend are non-guaranteed.

Surrender benefit and Maturity benefit will be equal to zero upon first claim of Major Critical Illness benefit.

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3.

4.

5.

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Product Risks:

Credit riskYour benefits under the Policy are subject to the credit risk of Generali Life (Hong Kong) Limited (“the Company”). If the Company is unable to satisfy the financial obligations of the Policy, you may lose your premiums paid and benefits.

In�ation RiskWhen you decide the Sum Assured and review the values shown in the proposal, please note that the cost of living in the future may be higher than it is today due to inflation. Where the actual rate of inflation is higher than expected, you may receive less in real terms even if we meet all of our contractual obligations.

Exchange Rate RiskAll premium payments and benefit payouts will be at the policy currency. Subject to our prevailing administrative rules, you may request a payment currency different from the policy currency. The premium amount payable or the benefit payout amount will be converted to payment currency according to the latest exchange rate solely decided by the Company based on any relevant banks’ exchange rate. Exchange rate fluctuates from time to time. You may suffer a loss of your benefit values and the subsequent premium payments (if any) may be higher than your initial premium payment as a result of exchange rate fluctuations. Risk from SurrenderYou may request to surrender the Policy by sending a written request to us during the Policy Term. However, benefit received from early surrender (if any) may be significantly less than the Total Premiums Paid. Premium AdjustmentPremium rate is non-guaranteed and the premium rate scale is reviewed annually. Adjustment will only be made if there is a substantial deviation of its actual experience versus assumptions. In case it is adjusted, it will be adjusted based on the Company's actual experience relating to its relevant product group, including but not limited to investment return including any market value gains and losses, investment outlook, direct and indirect expenses, claim and lapse experience. The adjustment will not be made to only individual policies but to the group of policies of the same risk class. New premium rate will be effective from the coming Policy Anniversary with prior notice.

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Original artworks painted by Matthew de Broize. All rights reserved by Generali Life (Hong Kong) Limited.

PB/3/WP/SEP19