Give You a Prosperous Future
Maybe you are satisfied with your status quo, but you can still prepare a more prosperous future or retirement life to you and your family. Monthly Income Protection Plan favors the preparation for the future by offering not only up to 15-year guaranteed Monthly Income, but also a lump sum of Guaranteed Bonus by the commencement of the Income Period.
Short Premium Paying Periods
This plan provides 3 types of premium paying periods, i.e. 3-year, 5-year and 10-year, plus different accumulation period and income period to suit your needs
Monthly Income 6 | Monthly Income 10 | Monthly Income 15 | |
Premium Paying Period | 3 years | 5 years | 10 years/span> |
Accumulation Period | 6 years(1st to 6th policy year) | 110 years(1st to 10th policy year) | 15 years(1st to 15th policy year) |
Income Period | 6 years(7th to 12th policy year) | 10 years(11th to 20th policy year) | 15 years(16th to 30th policy year) |
Protection Years | 12 years | 20 years | 30 years |
Monthly Income brings you No Worries
You may decide the specific amount of guaranteed Monthly Income to be paid during the Income Period to fit your personal needs. Besides, the plan provides extra non-guaranteed Monthly Income1 to enhance the return. You can choose withdrawal or accumulation with interest of the guaranteed Monthly Income and non-guaranteed Monthly Income. If accumulation with interest is chosen, you may withdraw it anytime or at maturity to suit your needs.
Guaranteed Bonus for More Flexibility
By the commencement of the Income Period, a lump sum Guaranteed Bonus will be paid. You may choose accumulation with interest and withdraw it anytime or at maturity to suit your needs.
Monthly Income 6 | Monthly Income 10 | Monthly Income 15 | |
Guaranteed Bonus Amount | Guaranteed Monthly Incomex 12 times | Guaranteed Monthly Incomex 18 times |
Example:
To illustrate the example of Monthly Income 6, the premium paying period is as short as 3 years and the Guaranteed Bonus will be paid in the 6th policy year. Starting from the 7th to 12th policy year, the guaranteed Monthly Income and non-guaranteed Monthly Income will be paid:
Life Protection without Worries
If the Insured dies while this plan is in force, a death benefit will be paid to his/her family.
Death Benefit | |
Accumulation Period | During the first 2 policy years: |
Income Period | Guaranteed Cash Value as at the date of death of the insured add Accumulated Dividends and Accumulated Guaranteed Bonus and Accumulated Guaranteed Monthly Income and Accumulated Non-Guaranteed Monthly Income |
Annual Dividends2 as Extra Return
Annual dividends will be distributed annually. During the Accumulation Period, the annual dividends will be distributed in terms of cash payment, you may choose to accumulate with interest, cash withdrawal and premium reduction. During the Income Period, the annual dividends and accumulated dividends will accumulate with interest at the Company and be distributed in terms of non-guaranteed Monthly Income.
Fixed Premium for Your Better Planning
Premium is guaranteed to be fixed during the premium paying period. It will not increase with the Insured's age, so you can have a better plan for your future.
Guaranteed Issued
This is a guaranteed issue plan and no medical examination is required.Application procedure is simple.
Supplementary Benefits
This plan offers Waiver of Premium Benefit3 and Payor Benefit3 to fit your personal needs.
Plan Options
Monthly Income 6 | Monthly Income 10 | Monthly Income 15 | |
Issue Age | 0 - 65 | 0 - 60 | |
Guaranteed Monthly Income | From HKD 800 or USD100 | ||
Protection Period | 12 years | 20 years | 30 years |
Non-guaranteed Monthly Income is not guaranteed and the amount is determined based on the actual annual dividends and the interest accumulation rate of accumulated dividends (if any).
Annual dividends are not guaranteed.
Only accept up to 1.5 times standard cases
The above information is for reference only. Please refer to the policy document for the exact terms and conditions.