Tax Deduction Tips

AXA Tax Deductible Products

IncomeEnrich Deferred Annuity Plan (“IncomeEnrich”)

IncomeEnrich is certified by the Insurance Authority as a Qualifying Deferred Annuity Policy (“QDAP”) eligible for tax deductions. Policy owner can enjoy a maximum tax deductible limit up to HKD60,000¹ annually while married spouses can enjoy a maximum tax deductible limit up to HKD120,000¹ amongst themselves, provided that the deduction claimed by each tax payer does not exceed the individual limit of HKD60,000¹.

QDAP Certified Plan
AXA WiseGuard Pro Medical Insurance Plan

AXA WiseGuard Pro Medical Insurance Plan is a VHIS Flexi Plan, which offers you enhanced benefits on top of the VHIS Standard Plan. Notable benefits include full cover for hospitalisation and surgical benefits, prescribed non-surgical cancer treatments and outpatient kidney dialysis, no waiting period for unknown pre-existing conditions and no claim discount.

Smart Medicare

Smart Medicare is a Flexi Plan certified by the HKSAR under the Voluntary Health Insurance Scheme (“VHIS”). It allows Hong Kong taxpayers to enjoy tax deductions for premiums for themselves and all specified dependent(s). Policy owner is allowed a maximum annual deduction of HKD8,000 qualified premiums paid for each insured person. There is no cap on the number of insured persons each year.

Smart Medicare offers you following benefits on top of VHIS Standard Plan.

WiseGuard Medical Insurance Plan (“WiseGuard Medical”)

WiseGuard Medical is a Standard Plan certified by the HKSAR under VHIS. Same tax deduction eligibility is provided as Smart Medicare.



AXA “Multi-Protection” Programme

From now until 31 October 2020, if you successfully apply for a new basic plan of AXA WiseGuard Pro Medical Insurance Plan/ Smart Medicare and satisfy other applicable requirements, you may enjoy 3.5 months’ first year instant premium discount* on each eligible policy.

* For details, please refer to the relevant promotion leaflet. Terms and conditions apply

How much can you save from QDAP and VHIS?

Know More

Tax Deduction Series Product Leaflet

Tax Deduction Frequently Asked Questions

Optimising tax benefits from home through digital

In light of the continuing COVID-19 epidemic, we understand the utmost importance of safety and convenience for our customers. Both existing and new customers who are Hong Kong residents and currently in Hong Kong* can easily apply for VHIS and Deferred Annuity products from home through the Digital Enrolment System.

Our Financial Consultants will explain to customers about the products and documents over the phone, and collect documents via electronic means such as WhatsApp or email. Alternatively, customers can also choose to submit their applications by mail to cater for their different needs. For details, please click here.

Meet a Consultant

Request an appointment or call with a financial consultant  to learn more about our products, or for any enquiries related to your policy.

We are here to protect and our agents can reach out to you based on your preferred contact method.

Contact Us

24-hour hotline: (852) 2894 4701

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