\n<\/p>\n
Short premium payment term with low entry fee and high long-term
Limited-time 4.5% p.a. guaranteed preferential interest
HONG
\u00a0<\/p>\n Projected total cash value doubles
\u00a0<\/b><\/p>\n Bonus Lock-in Option<\/b> to lock in gains without an
\u00a0<\/p>\n Flexi Continuation Option <\/b>to support both life protection and
\u00a0<\/p>\n An unlimited number of times for
\u00a0<\/b><\/p>\n Kevin Chor, Chief Life and Health Insurance Officer, AXA
\u00a0<\/b><\/p>\n For
\u00a0<\/p>\n The
\u00a0<\/p>\n
\ngrowth <\/b><\/span><\/p>\n
\nrate for premium prepayment<\/b><\/span><\/p>\n
\nKONG SAR –\u00a0Media OutReach<\/a>\u00a0– 7 October
\n2021\u00a0<\/b>– AXA Hong Kong and Macau’s award-winning
\n“Wealth Ultra Savings Plan” had first offered 2-year premium payment term in
\nFebruary this year \u2013 “Wealth Ultra Savings Plan (2-year Pay)”(“Wealth Ultra (2-year
\nPay)”), which received overwhelming response in the market. The product now
\nreturns, offering customers with sustainable wealth growth at an annual premium
\nas low as USD10,000. From now until 31 October 2021, customers can enjoy 4.5%
\np.a. guaranteed preferential interest rate on the prepaid premium if they
\nchoose to pay the 2-year basic plan premium in one go. “Wealth Ultra (2-year
\nPay)” is a limited-time offer, with the market-leading features including: <\/p>\n
\nevery 10 years<\/b>[1]<\/b><\/b><\/a>, providing potential growth on
\nsavings. <\/b>Apart from the guaranteed cash value, Wealth Ultra (2-year pay)
\nalso provides two types of non-guaranteed bonuses \u2013 the reversionary bonus and
\nthe terminal bonus. Starting from the 6th policy year, the total cash value is
\nprojected to double every 10 years on average; and from the 82nd policy year,
\nthe total Internal Rate of Return (IRR) for each policy year is expected to
\nexceed 7%[2]<\/a>.<\/p>\n
\naggregate limit for the lock-in rate. Customes can transfer the reversionary
\nbonus and terminal bonus to the bonus lock-in account, without partially
\nsurrendering their policies. Customers can thus turn the non-guaranteed bonus
\ninto guaranteed and earn up to 3.5% p.a. interest[3]<\/a> from it, avoiding potential changes
\nto the returns posed by market fluctuations and accelerating their wealth
\naccumulation.<\/p>\n
\nlegacy planning. Customers can pre-assign the policy value to be passd on for
\nwealth accumulation; while the remaining portion will be payable to the
\ndesignated beneficiaries in the form of compassionate benefit for immediate
\nfinancial support.<\/p>\n
\nchanging the insured<\/b>
\nto pass on wealth across generations. Customers can change the insured of the
\npolicy after the 1st policy year without affecting the policy value. The benefit
\nperiod can be updated to age 138 of the latest insured. <\/p>\n
\nHong Kong and Macau<\/b>, said, <\/b>“The local demand for savings product is robust.
\nAccording to our internal data, the annualised premium equivalent (APE) of the
\nsaving products from local customers has increased over 33% in the first half
\nof 2021 compared to the same period of 2019, i.e. pre-Covid times. In response
\nto the tremendous local needs of savings products, we deliberately re-launched
\nour popular Wealth Ultra Savings Plan (2-year Pay), which was first introduced
\nin February for a limited time. We hope this popular product can provide our customers
\nwith competitive and sustainable returns without requiring a long term payment.”<\/p>\n
\nmore information on Wealth Ultra Savings Plan (2-year pay) , please visit: https:\/\/www.axa.com.hk\/en\/wealth-ultra-savings-plan-2-year-pay<\/a> <\/p>\n
\nabove is for reference only. For details of the product, including terms and
\nconditions, please refer to the\u00a0product
\nbrochure and policy contract.<\/p>\n