Yes, but the max. total critical illness coverage across all Bowtie CI plans is capped at HK$4 Million. This means:
- If your child (as insured person) currently owns ≤ HK$3.5 Million in Bowtie Term CI, you can still apply Bowtie Children's Growth Term CI on top (which has a fixed sum insured of HK$500K) for him/ her.
- If your child (as insured person) already owned > HK$3.5 Million in Bowtie Term CI, unfortunately, you cannot apply Bowtie Children's Growth Term CI for him/ her as the total sum insured would exceed the HK$4 Million cap.
If you reduce the sum insured of your existing critical illness policy in order to buy Bowtie Children's Growth Term CI, it might be counterproductive as the insured person may fail underwriting due to their health condition, which could result in losing the original protection while also being unable to obtain the new coverage.
Note: The pregnancy complication of $100k in Bowtie Children's Growth Term CI will not be counted in the max. total critical illness coverage.