AXA Hong Kong launched its brand new ‘Wealth Advance Savings Series II’, with ‘Classic’ and ‘Ultimate’ versions to increase long-term growth potential on savings for customers, helping them accumulate wealth more easily and plan for their retirement lives. The road to achieving wealth is full of challenges. The ‘Classic’ and ‘Ultimate’ plan can be used flexibly to grow savings with comprehensive life insurance incorporated, customers can feel more at ease and seize every opportunity for success.

‘In the face of all kinds of variables in life, the needs of the public for wealth accumulation and retirement preparation are of more importance than ever. The new “Wealth Advance Savings Series II” provides considerable long-term growth potential on savings and brings wealth to the next level. The policy allows the insured to be changed up to 3 times as well as extending the life protection up to age 100 of the latest insured[1], so that the customer's legacy can be passed on to future generations,’ said Mr Kevin Chor, Chief Life Product and Proposition Officer of AXA Hong Kong and Macau.

‘Wealth Advance Savings Series II’s reversionary bonus and terminal bonus increase the return on savings

The ‘Classic’ and the ‘Ultimate’ plan are participating life insurance plans with dual bonus, that provide customers with substantial growth potential on long-term savings and boost wealth by providing reversionary bonus and terminal bonus.

The policy coverage remains in force till the latest insured reaches age 100[1] and passes on as a legacy to later generations

After the end of the first policy year, customers can change the insured of the policy[1], enabling customers to manage their wealth with extra flexibility in long run. In order to pass on the legacy to future generations, changing the insured will not affect the policy values and the benefit period will be changed to up to age 100 of the latest insured[1]. The customer can change the insured person up to 3 times[1], allowing the wealth to be passed on to future generations.

The key features of ‘Wealth Advance Savings Series II’ include:

• Potential return on savings with reversionary bonus and terminal bonus after the policy has been in force for 3 years
• Short premium payment term of 5 or 10 years with a fixed premium during the payment term, enabling customers to develop a better financial plan with greater peace of mind
• Provides life protection
• Allows change of the insured while the benefit period will be changed up to age 100 of the latest insured[1]
• Wide range of optional extra protection available, including critical illness, medical, accident and disability protection to meet customers’ needs

 To know more about the ‘Wealth Advance Savings Series II’, please visit: https://www.axa.com.hk/en/wealth-advance-saving-series-promotion

The above information is for reference only. For details on product features, content, terms and exclusions, please refer to the relevant product brochure.

Remark:

[1] Written application should be made by the customer for the change of insured and such request is subject to the administrative rules, underwriting requirements and approval of the Company. In addition, ‘Age 100’ refers to the policy anniversary on or immediately following the latest insured’s 100th birthday.