Serene Living Protection Plan
Product features and advantages:
- Specially designed for persons aged 12 (age next birthday) or above. Coverage up to 66 years old (age next birthday) and is extendable to lifelong coverage
- Provide highly life-protection-titled solution and critical illness protection:
- 3 benefit options allowing you to allocate the life and critical benefit according to your needs
- life insurance protection gradually increase with years: the indemnity benefit payable under this plan will be the life insurance sum insured plus all the funds accumulated in the investment account, which includes the First Year Bonus* and annual dividends#
- you may also apply for optional protection including critical illness protection, accidental death and permanent disability benefit, accident insurance, etc for an widen coverage
- Upon maturity, the entire proceeds of your investment account can be withdrawn
- Cash and Cover Option allowing you to enjoy the double edges of savings and protection after the age of 66
- Flexible financial arrangement:
- flexible adjustment of the sum insured and premium payments
- you can choose the Inflation Beater to reduce the impact of inflation on your savings and / or protection benefits.
- a host of choice of currencies to lessen exchange rate risks (HKD, USD, AUD, GBP and EURO)
- you may also enjoy a premium discount with additional lump sum injection
- early cash withdrawal by low-interest policy loan allows maximum financial flexibility
* First Year Bonus; is determined by multiplying the first 12 months of your regular premium for basic plan (not including the lump sum premium, rider premium and the temp-health loading) by your entitled First Year Bonus percentage. That amount will be credited to your investment account after the end of the 16th policy month and forms part of your Investment Account Value. If there is any reduction in the regular premium for basic plan during the Initial Charge Period, the value of First Year Bonus will be adjusted and deducted from the issued amount of First Year Bonus correspondingly.
# Dividends will represent the distributable investment earnings arising from that proportion of the Company's life fund attributable to the Investment Account and will be determined by the Company upon the advice of the Actuary. Dividends are guaranteed not to be affected by any profits or losses of the Company.
To know more about the above plans, please contact our professional insurance consultants or call our Customer Services Hotline at (852) 2535 3500.
