Hong Kong Life promotes wealth transfer with new plan

It includes features like flexible death settlement options.

Hong Kong Life introduced the Wealth Up (Premier) Savings Insurance Plan, which offers an option for achieving medium-to-long term financial goals and passing wealth to close members of the individual.

This plan provides 20 years of savings and life protection with only a two-year premium payment. 

It includes features like Premium Prepayment Arrangement, flexible death settlement options, and simple application procedures without medical examinations.

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Until 29 June, customers can benefit from a 13% first-year premium discount and up to a 5% Premium Prepayment discount. 

The Projected Total Return Rate upon Policy Maturity can reach up to 4.46% p.a. Customers may also receive complimentary health services.