BOC Life and Bupa Asia collaborate to extend VHIS offering

BOC Life and Bupa Asia (Bupa) have announced a collaboration in which BOC Life’s customers will be offered Bupa’s new Bupa Hero VHIS Plan.

Bupa will appoint selected insurance agents from BOC Life as general insurance agents for Bupa, extending the reach of its VHIS offering.

“We are delighted to collaborate with Bupa to distribute a highly competitive VHIS product in the market. With BOC Life’s strong propositions in the deferred annuity segment, the synergy between us will bring ultimate benefits to customers who are looking for compelling health and retirement protection from an expert provider” said Wilson Tang, chief executive for BOC Life.

The Bupa Hero VHIS Plan provides coverage of up to HK$30 million every year as well as access to Hong Kong’s first Mental Health Service Hotline and Bupa’s mental health clinical network. It also notably includes full cover for prescribed non-surgical cancer treatments. It is hoped that offering this alongside BOC Life’s own Qualifying Deferred Annuity Policy (QDAP) products, will be a competitive tax-deductible offering for the market.

 “Supporting people’s holistic health and mental wellbeing is a priority for us, and with the introduction of the Bupa Hero VHIS Plan, we have taken our VHIS offerings to the next level. We really value our collaboration with BOC Life, which enables our high-quality health insurance products to reach a more extensive customer network, especially at this challenging time when so many people are looking for excellent medical services to meet their physical and mental health needs” said Andrew Merrilees, general manager, Bupa Hong Kong.

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