Lifetime Protection Plus |
Lifestyle Protection Plus |
Target Protection Plus |
LifeInvest Protection Plus^ |
Refundable Protection Plan (Major Illness) |
Term Life Insurance (Refundable Premium) |
Term Protection Plan |
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Life protection |
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Protection period |
Whole life |
Whole life |
Limited term (from 10 to 30 years or up to age 18) |
Whole life |
Up to age 60 |
Up to age 60 |
Up to age 80 |
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Policy savings |
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Guaranteed savings |
Guaranteed Cash Value |
Guaranteed Cash Value + Guaranteed Cash Bonus equivalent to 10% of Sum Insured payable once every 5 years |
Guaranteed Cash Value + Guaranteed Cash Bonus equivalent to 10% of Sum Insured payable at the end of the term |
No |
No |
No |
No |
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Non-guaranteed savings |
Annual Dividends |
Annual Dividends |
Annual Dividends |
Fund balance + Investment Bonus* payable once every 5 years |
No |
No |
No |
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| * | The investment bonus will be 15% of the average anniversary policy value over the five years preceding the bonus payment date. At the 25th policy anniversary, the bonus will be 20% of the average anniversary policy value over the five years preceding the bonus payment date. |
| ^ | LifeInvest Protection Plus is authorised by the Securities and Futures Commission. Such authorisation does not imply official approval or recommendation. Investment involves risk. For charges and details, please refer to the relevant principal brochure(s). |
RetireEnrich Protection Plus |
Lifestyle Retirement Protection Plus |
RetireInvest Protection Plus** |
LifeSave Protection Plan (Lifetime Medical)+ |
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Retirement fund |
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Lump sum payment |
Guaranteed Retirement Bonus^ payable at the end of the accumulation period |
Guaranteed Cash Bonus equivalent to 50% of Sum Insured payable at selected retirement age |
Investment Bonus* payable at selected retirement age and once every 5 years thereafter |
Guaranteed Retirement Bonus equivalent to 10% of the Sum Insured at the chosen retirement age |
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Regular payment |
Monthly annuity payment for 10 / 15 years or up to age 99 |
N/A |
Immediate or deferred annuity arrangement# through regular withdrawals |
N/A |
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Life protection |
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Protection period |
Accumulation period of 8, 12 years or up to age 55, + Annuity period of 10 or 15 years, or until age 99 |
Whole life |
Whole life |
Whole life |
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| ^ | Guaranteed Retirement Bonus is equivalent to the monthly guaranteed annuity payment multiplied by the number of years of the annuity period. |
| * | Investment bonus payable at selected retirement age is equivalent to 2% of the average anniversary policy value from the start of your policy up to selected retirement age, and then multiplied by the number of years the policy has been in force. And the bonus payable thereafter is equivalent to 15% of the average anniversary policy value over the five years preceding the date of the bonus payment. |
| ** | RetireInvest Protection Plus is authorised by the Securities and Futures Commission. Such authorisation does not imply official approval or recommendation. Investment involves risk. For charges and details, please refer to the relevant principal brochure(s). |
| # | You may make a withdrawal at any time or set up a schedule of withdrawals to create a stream of regular payout, up to a maximum of 90% of the cash value. Each withdrawal is subject to a minimum of HK$400/ US$50 (monthly) or HK$4,800/ US$600 (annually). |
| + | LifeSave Protection Plan (Lifetime Medical) also provides various medical benefits. For details, please refer to the relevant principal brochure. |