AXA “Wealth Ultra Savings Plan (2-year Pay)” returns

Short premium payment term with low entry fee and high long-term
growth

Limited-time 4.5% p.a. guaranteed preferential interest
rate for premium prepayment

HONG
KONG SAR – Media OutReach – 7 October
2021 – AXA Hong Kong and Macau’s award-winning
“Wealth Ultra Savings Plan” had first offered 2-year premium payment term in
February this year – “Wealth Ultra Savings Plan (2-year Pay)”(“Wealth Ultra (2-year
Pay)”), which received overwhelming response in the market. The product now
returns, offering customers with sustainable wealth growth at an annual premium
as low as USD10,000. From now until 31 October 2021, customers can enjoy 4.5%
p.a. guaranteed preferential interest rate on the prepaid premium if they
choose to pay the 2-year basic plan premium in one go. “Wealth Ultra (2-year
Pay)” is a limited-time offer, with the market-leading features including:

Projected total cash value doubles
every 10 years[1], providing potential growth on
savings. Apart from the guaranteed cash value, Wealth Ultra (2-year pay)
also provides two types of non-guaranteed bonuses – the reversionary bonus and
the terminal bonus. Starting from the 6th policy year, the total cash value is
projected to double every 10 years on average; and from the 82nd policy year,
the total Internal Rate of Return (IRR) for each policy year is expected to
exceed 7%[2].

Bonus Lock-in Option to lock in gains without an
aggregate limit for the lock-in rate. Customes can transfer the reversionary
bonus and terminal bonus to the bonus lock-in account, without partially
surrendering their policies. Customers can thus turn the non-guaranteed bonus
into guaranteed and earn up to 3.5% p.a. interest[3] from it, avoiding potential changes
to the returns posed by market fluctuations and accelerating their wealth
accumulation.

Flexi Continuation Option to support both life protection and
legacy planning. Customers can pre-assign the policy value to be passd on for
wealth accumulation; while the remaining portion will be payable to the
designated beneficiaries in the form of compassionate benefit for immediate
financial support.

An unlimited number of times for
changing the insured
to pass on wealth across generations. Customers can change the insured of the
policy after the 1st policy year without affecting the policy value. The benefit
period can be updated to age 138 of the latest insured.

Kevin Chor, Chief Life and Health Insurance Officer, AXA
Hong Kong and Macau, said, “The local demand for savings product is robust.
According to our internal data, the annualised premium equivalent (APE) of the
saving products from local customers has increased over 33% in the first half
of 2021 compared to the same period of 2019, i.e. pre-Covid times. In response
to the tremendous local needs of savings products, we deliberately re-launched
our popular Wealth Ultra Savings Plan (2-year Pay), which was first introduced
in February for a limited time. We hope this popular product can provide our customers
with competitive and sustainable returns without requiring a long term payment.”

For
more information on Wealth Ultra Savings Plan (2-year pay) , please visit: https://www.axa.com.hk/en/wealth-ultra-savings-plan-2-year-pay

The
above is for reference only. For details of the product, including terms and
conditions, please refer to the product
brochure and policy contract.

#AXA