VHIS Flexi Plan | Voluntary Health Insurance Scheme

Full coverage on all medical expenses[@fullcoverage]

Enjoy a maximum of HKD40million annual benefit limit, with a claim approval rate of up to 98.8%[@insurance-claims-approval-rate-2022], without sub-limits set.

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Key benefits

Full coverage up to HKD40 million

Get full medical coverage[@insurance-vhis-flexi-fullcoverage] with no sub-limits on hospitalisation and surgical fees, including innovative liver cancer treatments like histotripsy. Your annual benefits will be recalculated every year.

Choose your annual deductible

Choose from 4 levels of annual deductibles, depending on your personal needs and budget: HKD0, HKD16,000, HKD50,000 and HKD100,000

Cover previously unknown conditions

You'll be fully covered for unknown pre-existing conditions[@preexistingconditiondefinition], starting from the policy's effective date—no waiting period necessary

No upfront out-of-pocket costs

Get peace of mind with cashless arrangements for medical treatment[@preauthorisation] at Hong Kong hospitals

Special offers — Enjoy up to 60% off online

Apply online with your family members[@insurance-vhis-flexi-familymembers] to enjoy up to 30% off with the code 'SAVE20'. T&Cs apply.
Enjoy special first-year premium discount with the code found in the latest version of PayMe app. T&Cs apply.
Well+ members can enjoy up to 60% off their first-year premium, T&Cs apply. Plus, earn a premium rebate of up to $300 RewardCash when you complete the ‘Get Insured Online Challenge’. T&Cs apply.

Choose from 5 levels of coverage

Find out more about each plan and see which caters best to your personal needs

Plan details
	Bronze	Silver	Gold	Platinum	Diamond
Annual benefit limit per policy year (HKD)	5,000,000	25,000,000	30,000,000	35,000,000	40,000,000
Lifetime benefit limit (HKD)	20,000,000	N/A	N/A	N/A	N/A
Geographical limitation[@geographicaldefinitionvhisf]	Greater China	Asia, Australia and New Zealand	Asia, Australia and New Zealand	Worldwide, excluding the United States	Worldwide
Ward class	General	Semi-private	Private	Private	Private
Annual deductible (HKD)	Nil / 16,000 / 50,000 / 100,000	Nil / 16,000 / 50,000 / 100,000	Nil / 16,000 / 50,000 / 100,000	Nil／16,000／50,000／100,000	Nil / 16,000 / 50,000 / 100,000

Plan details
	Annual benefit limit per policy year (HKD)
Bronze	5,000,000
Silver	25,000,000
Gold	30,000,000
Platinum	35,000,000
Diamond	40,000,000

	Lifetime benefit limit (HKD)
Bronze	20,000,000
Silver	N/A
Gold	N/A
Platinum	N/A
Diamond	N/A

	Geographical limitation[@geographicaldefinitionvhisf]
Bronze	Greater China
Silver	Asia, Australia and New Zealand
Gold	Asia, Australia and New Zealand
Platinum	Worldwide, excluding the United States
Diamond	Worldwide

	Ward class
Bronze	General
Silver	Semi-private
Gold	Private
Platinum	Private
Diamond	Private

	Annual deductible (HKD)
Bronze	Nil / 16,000 / 50,000 / 100,000
Silver	Nil / 16,000 / 50,000 / 100,000
Gold	Nil / 16,000 / 50,000 / 100,000
Platinum	Nil／16,000／50,000／100,000
Diamond	Nil / 16,000 / 50,000 / 100,000

The preceding plans are guaranteed renewable annually up to age[@lastbirthdaydefinition] 100 of the insured person. For more details, please refer to the product brochure (PDF).

How to get the most out of your insurance

Look out for what's covered

It can be tempting to opt for the cheapest plan even if it comes with far fewer benefits. But in the event of injury or illness, will it be enough to cover the expenses?

Colorectal cancer, one of the most common life-threatening diseases in Hong Kong, can incur costs of between HKD115,249 and HKD217,491 at private hospitals[@vhiseducationcontent1]
Most medical protection plans have sub-limits on each medical service, and break them down into even smaller sub-limits. So if your treatment exceeds the specific sub-limit, you'll have to bear the remaining cost yourself.
But our VHIS Flexi Plan will cover hospitalisation and surgical fees fully without any sub-limits. Plus, the benefit limit resets yearly so you won't have to worry even if your treatment spans over a few years.

Learn about covering medical expenses This link will open in a new window

Balancing cost and coverage

Some medical plans offer deductible amounts. That means you pay for part of the medical expense, per the amount specified on your plan, and the insurance company will pay the rest.
The more deductibles you select, the lower your premium will be. This way, you can strike a balance between your budget and protection needs. You'd be considering any current or medical insurance plans you may have, and what you can afford if you incur large medical expenses.
Luckily, you can get complete yet affordable protection with our VHIS plans. Our VHIS Flexi Plan offers different deductible options so you can choose the one that works best for you.

How to choose deductible amounts This link will open in a new window

Extra features

Tax relief

Enjoy tax relief[@taxdeductionvhis], with a maximum annual deduction of HKD8,000 in qualifying premiums for each insured person.
Family premium discount

Enjoy 10% off your premium when you apply as a family—including immediate and extended members[@familymembersapplicationdefinition]—or if they're already insured persons under the policy

Change your annual deductible for your retirement needs

You'll be offered a one-time choice to remove or decrease your deductible at age[@lastbirthdaydefinition] 55 or every 5 years after that without underwriting—which means you'll pay less out of pocket when you make a claim during retirement
Enjoy Medical Concierge Service[@medical-concierge-service-evhis-campaign]

Get assistance from our Medical Concierge Consultant on making medical appointments and handling insurance-related documentation; enjoy free limousine service (Diamond level)

How to apply

Eligibility

To apply for our VHIS Flexi Plan, you'll need to meet these requirements:

the policyholder is aged[@lastbirthdaydefinition] between 18 and 80 years
the insured person is aged[@lastbirthdaydefinition] between 15 days and 80 years

Applying online? Here's what you need to have on hand:

an existing HSBC HKD bank account or HKD credit card
your personal details and that of the proposed insured person's, such as HKID or birth certificate number, mobile number and email address
the proposed insured person's medical history records

The HSBC VHIS Flexi Plan is a life insurance plan underwritten by HSBC Life (International) Limited ("HSBC Life"). It is not equivalent or similar to a bank deposit. Policyholders are subject to HSBC Life's credit risk.

Registered VHIS provider: HSBC Life (International) Limited

Type of certified plan: Flexi Plan

Name of certified plan: HSBC Voluntary Health Insurance Flexi Plan

Policy provisions and certification number (effective from 16 April 2025):

Bronze
Deductible	HKD0	HKD16,000	HKD50,000	HKD100,000
Certification number	F00049-01-000-03	F00049-02-000-03	F00049-03-000-03	F00049-04-000-03
Download policy provision	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)

Bronze
Deductible	Certification number
HKD0	F00049-01-000-03
HKD16,000	F00049-02-000-03
HKD50,000	F00049-03-000-03
HKD100,000	F00049-04-000-03

Deductible	Download policy provision
HKD0	Policy provisions (PDF)
HKD16,000	Policy provisions (PDF)
HKD50,000	Policy provisions (PDF)
HKD100,000	Policy provisions (PDF)

Silver
Deductible	HKD0	HKD16,000	HKD50,000	HKD100,000
Certification number	F00049-05-000-03	F00049-06-000-03	F00049-07-000-03	F00049-08-000-03
Download policy provision	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)

Silver
Deductible	Certification number
HKD0	F00049-05-000-03
HKD16,000	F00049-06-000-03
HKD50,000	F00049-07-000-03
HKD100,000	F00049-08-000-03

Deductible	Download policy provision
HKD0	Policy provisions (PDF)
HKD16,000	Policy provisions (PDF)
HKD50,000	Policy provisions (PDF)
HKD100,000	Policy provisions (PDF)

Gold
Deductible	HKD0	HKD16,000	HKD50,000	HKD100,000
Certification number	F00049-09-000-03	F00049-10-000-03	F00049-11-000-03	F00049-12-000-03
Download policy provision	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)

Gold
Deductible	Certification number
HKD0	F00049-09-000-03
HKD16,000	F00049-10-000-03
HKD50,000	F00049-11-000-03
HKD100,000	F00049-12-000-03

Deductible	Download policy provision
HKD0	Policy provisions (PDF)
HKD16,000	Policy provisions (PDF)
HKD50,000	Policy provisions (PDF)
HKD100,000	Policy provisions (PDF)

Platinum
Deductible	HKD0	HKD16,000	HKD50,000	HKD100,000
Certification number	F00049-17-000-01	F00049-18-000-01	F00049-19-000-01	F00049-20-000-01
Download policy provision	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)

Platinum
Deductible	Certification number
HKD0	F00049-17-000-01
HKD16,000	F00049-18-000-01
HKD50,000	F00049-19-000-01
HKD100,000	F00049-20-000-01

Deductible	Download policy provision
HKD0	Policy provisions (PDF)
HKD16,000	Policy provisions (PDF)
HKD50,000	Policy provisions (PDF)
HKD100,000	Policy provisions (PDF)

Diamond
Deductible	HKD0	HKD16,000	HKD50,000	HKD100,000
Certification number	F00049-13-000-03	F00049-14-000-03	F00049-15-000-03	F00049-16-000-03
Download policy provision	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)	Policy provisions (PDF)

Diamond
Deductible	Certification number
HKD0	F00049-13-000-03
HKD16,000	F00049-14-000-03
HKD50,000	F00049-15-000-03
HKD100,000	F00049-16-000-03

Deductible	Download policy provision
HKD0	Policy provisions (PDF)
HKD16,000	Policy provisions (PDF)
HKD50,000	Policy provisions (PDF)
HKD100,000	Policy provisions (PDF)

For provisions with past certification numbers, please visit our forms and documents page.

Useful documents

Apply now

For Bronze, Silver, Gold and Diamond plans, get started with a quote now.

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Talk with us

The Platinum plan is exclusive for customers applying at all our branches. Contact us to learn more about the Platinum plan.

Got any questions? Ask us using the 'Chat with us' feature. We're available from 10:30am to 10:00pm, Monday to Friday (except public holidays).

book an appointment online for a face-to-face meeting, or meet with us over video
call us on (852) 2233 3130—lines are open 11:00am to 7:30pm, Mondays to Fridays except public holidays.

HSBC Premier Elite or Premier customer?

Contact your Jade Director or Relationship Manager. HSBC Premier customers can also call us on (852) 2233 3322.

Find out more

Yes, you can by submitting a written request before the deadline on your renewal notice.

No underwriting will be needed upon the policy renewal if you want to:

change from a Flexi Plan to a Standard Plan
increase your deductible amount
downgrade your plan level (eg from Diamond to Platinum)

However, underwriting is required and we may ask you a few questions before approving a change if you want to:

decrease your deductible amount (eg from HKD50,000 to HKD16,000)
upgrade your plan level (eg from Silver to Gold)

Notes

The HSBC VHIS Flexi Plan is a life insurance plan underwritten by HSBC Life (International) Limited ("HSBC Life") which is authorised and regulated by the Insurance Authority ("IA") to carry on long-term insurance business in the Hong Kong SAR. It is not a bank deposit or bank savings plan. Please refer to the product brochure for detailed features and the policy provisions for the detailed terms and conditions.

HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Group's insurance underwriting subsidiaries. The Hongkong and Shanghai Banking Corporation Limited ('HSBC') is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an agency of HSBC Life for the distribution of life insurance products in the Hong Kong Special Administrative Region. This product is a product of HSBC Life but not HSBC and it is intended only for sale in the Hong Kong SAR. Your benefit is subject to the credit risk of HSBC Life. Your premiums paid will form part of HSBC Life's assets. You do not have any rights or ownership over any of those assets. Your recourse is against HSBC Life only.

In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between HSBC and you out of the selling process or processing of the related transaction, HSBC is required to enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the above insurance product should be resolved between HSBC Life and you directly.

HSBC VHIS Flexi Plan