YF Life Launches Free Combat-COVID-19 Protections 1 + 1 = $20,000 One Registration, Two Protections
January 21, 2021
YF Life Insurance International Limited (YF Life) offered a free Hospital Income Benefit to Hong Kong and Macau residents with the advent of COVID-19 last year. This year, YF Life continues to demonstrate its corporate social responsibility with the launch of the Combat-COVID-19 Protections to support Hong Kong and Macau residents in the fight against the pandemic.
From now until February 11, Hong Kong and Macau residents with a valid Hong Kong or Macau identity card, who are aged between 18 and 65 can visit https://promo.yflife.com/ to sign up for the YF Life Combat-COVID-19 Protections, free of charge. There is no registration quota. With one registration, two protections will be offered. If any successful applicant is diagnosed with COVID-19, HK$10,000^ will be offered. If a family member living with the applicant is also a confirmed case, an additional HK$10,000^ will be offered to the applicant. In the unfortunate event that the applicant passes away due to COVID-19, YF Life will pay a Death Benefit of HK$100,000^.
Mr. Victor Yip, Chief Operating Officer and Chief Actuary of YF Life, says, “With the outbreak of COVID-19 last year, we took immediate action to offer various benefits and service extensions to our customers. We also offered a free Hospital Income Benefit to non-YF Life customers in both Hong Kong and Macau. In addition, we launched the Virtual Onboarding Platform, which allows customers to enjoy the same level of professional insurance services and peace-of-mind protections under these unprecedented times. As the spread of COVID-19 continues, we launch the Combat-COVID-19 Protections that offer benefits and support to applicants and their family, helping those affected to recover as soon as possible, while fulfilling our commitment to help customers ‘Own the future’.”
YF Life Insurance International Limited is a member of publicly listed Yunfeng Financial Group Limited, whose major shareholders include Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company, one of the “Five Largest US Life Insurance Companies”. Leveraging our robust financial background and solid reliability, YF Life is committed to helping customers “own the future” by providing professional and technology-enhanced one-stop risk- and wealth-management consulting services, as well as MPF services. test
^ The Benefit Period of the Combat-COVID-19 Protections is valid until March 31, 2021.
*Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company have an indirect shareholding in Yunfeng Financial Group Limited. The “Five Largest US Life Insurance Companies” is ranked according to the aggregate results of “Insurance: Life. Health (Mutual)” and “Insurance: Life, Health (Stock)” on total revenues for 2019, and based on the FORTUNE 500 as published on May 18, 2020.