Yes, You can log in to the Bowtie online platform to apply to change the deductible option at least 30 days before the next annual renewal date. The new plan will take effect on the next annual renewal date of the original plan, and the premium will start to be charged from that day, while the original plan will be terminated on the same day. The new plan will retain the policy number of the original plan, and valid policy benefits, BowtieCash and past claim records will also be retained.
Application method: Log in to the online member portal → Select the relevant policy → Click Modify Policy
If the application involves an increase in coverage, the application will need to be re-underwritten, and the waiting period for "unknown pre-existing conditions" under the new plan will be recalculated to ensure overall customer fairness. The coverage results may be different from the original plan, but you do not need to submit your personal information and conduct identity verification again. The arrangements for different applications are as follows:
| Original Plan | New Plan | Re-underwriting and recalculation of waiting period for "unknown pre-existing conditions" |
| Bowtie Pink ($20K / $50K / $80K Deductible) | Higher ward class with the same deductible | ✅ |
| Higher ward class with a lower deductible* | ✅ | |
| Higher ward class with a high deductible | ✅ | |
| Same ward class with a lower deductible* | ✅ | |
| Lower ward class with a lower deductible* | ✅ | |
| lower ward class with the same deductible | ||
| lower ward class with a higher deductible | ||
| same ward class with a higher deductible | ||
| Bowtie Pink ($0 Deductible) | Higher ward class with the same deductible | ✅ |
| Higher ward class with a higher deductible | ✅ | |
| lower ward class with the same deductible | ||
| lower ward class with a higher deductible | ||
| same ward class with a higher deductible |
* If a Bowtie Pink VHIS insured person meets the following two requirements, the policyholder may exercise a one-time right to lower or cancel the deductible within a specified period without undergoing re-underwriting and without providing proof of insurability for the insured person:
1. The relevant Bowtie Pink VHIS plan has been continuously effective for 2 years or more;
2. The insured person is 55, 60, 65, 70, 75, or 80 years old.
The policyholder may exercise this right on the day the insured person reaches the above age or at least 30 days before the next policy renewal date following that age, lowering the deductible to the options available at that time. Please note that this right can only be exercised once in a lifetime per insured person.
In any case, the premium after changing the deductible will be adjusted according to the then-applicable standard premium schedule and relevant terms. For details, please refer to the policy terms and conditions Supplement No.1.