AXA Hong Kong proudly launches two new guaranteed income plans – Prime Harvest Income Plan (‘Prime Harvest’) and Ever Harvest Income Plan (‘Ever Harvest’), which pay guaranteed cash coupons until the insured age of 100 to help customers to accumulate wealth and realise various life goals for themselves and their family. The new plans are the first products with guaranteed income in Hong Kong that allow policy holders to change the insured of the policy an unlimited number of times and to pass on the legacy to their descendants.

‘AXA Hong Kong understands customers’ need to plan in advance in order to cope with evolving financial needs at different life stages, ranging from preparing for their children’s education, planning for retirement or passing on wealth to future generations. In response to increasing demand for building a legacy, AXA Hong Kong launches the brand new Prime Harvest and Ever Harvest to support customers in building a future with stable wealth. Through a 5-year or 10-year premium payment term, the new plans not only provide customers with guaranteed cash coupons but also life protection, showcasing our vision of being a trusted partner to our customers, empowering them to live a better life.’ Kevin Chor, Chief Life Product & Proposition Officer, AXA Hong Kong.

Highlights of the Prime Harvest and Ever Harvest include:

• Provide guaranteed cash coupons (refer to appendices)
• Prime Harvest – The plan will pay guaranteed cash coupons on the first 20 policy anniversaries equivalent to 100% of the notional amount¹. An annual cash coupon of 2% of the notional amount on every policy anniversary will be paid thereafter until age 100²;
• Ever Harvest – Starting from the 3rd or 5th policy anniversary⁴, the plan will pay an annual cash coupon of 3% of the notional amount on every policy anniversary until age 100. An extra cash coupon will also be paid on specific policy anniversaries to further boost wealth accumulation;
• Allow change of the insured of the policy³ an unlimited number of times – Customers can change the insured of the policy after a specific policy anniversary⁵, maximising the potential to receive guaranteed cash coupons and potential dividends. The accumulated wealth and legacy can be passed on for future generations;
• Flexibly access and manage your savings – Increase growth potential of returns. Depending on their needs, customers can choose to leave the cash coupons and declared annual dividends⁶ to accumulate with interest. To cope with financial needs at different life stages, customers can also withdraw them from the policy;
• Hassle-free application process – Maximum total premiums up to USD3,000,000, with no medical examination required or health questions to answer;
• Short premium payment term – Offers options for 5-year or 10-year premium payment terms for life protection until age 100.

For more information on the Prime Harvest, please visit: https://www.axa.com.hk/en/prime-harvest-income-plan

For more information on the Ever Harvest, please visit: https://www.axa.com.hk/en/ever-harvest-income-plan