|
|
|
| |
Home
> Insurance & Retirement Benefits Services
> Insurance Services
>
Insurance Products
>
Savings & Retirement
> 8-Year Smart Savings Insurance
|
|
| |
|
|
|
|
| |
|
8-Year Smart Savings Insurance
Growing your savings for a bright future
|
Like most people, you have goals and aspirations for the future. But are you moving towards your goals at a robust pace? To achieve your dreams, it's essential that you have an effective plan in place. 8-Year Smart Savings Insurance promises to help you achieve your life goals while providing you with a wide range of important benefits. In addition to life insurance coverage, the Plan offers free coverage in case of accidental death or terminal illness. A secure tomorrow begins with smart decisions today - start sowing the seeds for a bright future!
|
|
|
 |
|
|
Plan Highlights
| 1) |
Fixed premium payment |
| 2) |
Guaranteed Cash Value |
| 3) |
Guaranteed Cash Bonus2(US$ plan) |
| 4) |
Annual Dividend and Maturity Dividend4 |
| 5) |
Life protection for 8 years |
| 6) |
Free accidental death and terminal illness7 coverage |
Illustration
Life Insured : 30-year-old male
Premium Payment Period: 8 Years
| Case (1) HK$ plan: Annual Premium: HK$16,000 |
| |
| Total Projected Cash Value6 Upon Maturity = |
| Guaranteed Cash Value (HK$128,000) |
| + |
| Annual Dividend (HK$2,711) |
| + |
| Maturity Dividend & Accumulated Interest (HK$11,417) |
| = HK$142,128 |
| (Projected Return9 up to 111%) |
|
This illustration is not to scale. |
| Case (2) US$ plan: Annual Premium: US$2,000 |
| |
| Total Projected Cash Value6 Upon Maturity = |
| Guaranteed Cash Value (US$16,000) |
| + |
| Guaranteed Cash Bonus (US$600) |
| + |
| Annual Dividend (US$344) |
| + |
| Maturity Dividend & Accumulated Interest (US$1,418) |
| = US$18,362 |
| (Projected Return9 up to 115%) |
|
This illustration is not to scale. |
|
|
|
|
| 1 |
Age 0 represents a minimum of 3 months of age. |
| 2 |
The Guaranteed Cash Bonus is not applicable to policies denominated in Hong Kong dollars. |
| 3 |
The total annual premium paid is based on the premium payable annually up to the corresponding policy years. |
| 4 |
The Annual Dividend, the Maturity Dividend and interest are determined by BEA Life Limited and are not guaranteed. The distribution and the amount of all non-guaranteed dividends and/or interest (if any) will depend on how well the fund has fared with regard to investment yield, expenses, claims, etc. The Maturity Dividend will not be paid in case of death or policy surrender. |
| 5 |
All figures are for reference only and may differ slightly from other illustration documents due to rounding differences and the policy currency selected. |
| 6 |
The projected Total Cash Value is equal to the sum of:
| i) | the Guaranteed Cash Value; |
| ii) | the Guaranteed Cash Bonus plus accumulated interest; |
| iii) | the Annual Dividend plus accumulated interest, and |
| iv) | the Maturity Dividend. |
|
| 7 |
The Accidental Death Benefit and Terminal Illness Benefit will be offered for free if the insured person is aged between 18 and 65 at the time of application. These benefits will cease immediately on the policy anniversary when the insured person has reached his/her 66th birthday, or upon the maturity of the policy, whichever is earlier. |
| 8 |
Credit card payments are not accepted. |
| 9 |
The projected return is based on the total premium paid. |
|
|
|
| Our Promise to Protect Your Best Interests |
| 8-Year Smart Savings Insurance is an insurance plan with a savings element. Part of the premium pays for the insurance and related costs. If you are not happy with your policy, you have a right to cancel it within the cooling off period and obtain a refund of any premiums paid. A written notice signed by you should be received by BEA Life Limited at 29/F, BEA Tower, Millennium City 5, 418 Kwun Tong Road, Kowloon, Hong Kong within the cooling off period (that is, 21 days after the delivery of the policy or issue of a notice (informing you/your representative about the availability of the policy and expiry date of the cooling off period), whichever is the earlier). After the expiration of the cooling off period, if you cancel the policy before the end of the term, the projected total cash value may be less than the total premium you have paid. |
|
|
|
|
The above information is for reference only. Please refer to the policy for the
exact terms and conditions and the full list of policy exclusions. For more
information or a copy of the policy terms and conditions,
please contact our Marketing Officer.
Should there be any discrepancy between the English and the Chinese versions of above information, the English version shall apply and prevail.
|
|
|
|
|
|
|
The Bank of East Asia, Limited is an insurance agent authorised by BEA Life Limited ("BEA Life") and Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross"), members of the BEA Group. BEA Life Insurance Series and General Insurance Series are underwritten by BEA Life and Blue Cross respectively.
This is a redirect webpage hosted by Blue Cross (Asia-Pacific) Insurance Limited.
|
|
|
|
