^The premium shown above is calculated based on an insured with residency in Hong Kong for 2-year pay policy. The premium calculated is for reference only and the actual amounts may be different from those illustrated. The premium is calculated with reference to a number of factors including but not limited to the age, gender, smoking habit and risk class of the insured at the time of policy issuance.

1. If you opt for lump sum payment arrangement, you will pay a lump sum payment with levy to be applied as follows when you apply for Max Wealth: (i) pay for the annual premium and the corresponding levy of the 1^st policy year; and (ii) deposit fund in advance into the FPDA for premium payment of the 2^nd policy year (“prepaid amount”) and the corresponding levy. The lump sum payment with levy must be paid in full to the Company prior to policy inception.  Otherwise, the policy will not be issued. No withdrawal from FPDA is allowed and the amount deposited in FPDA under lump sum payment arrangement will be refunded without interest upon policy surrender, cancellation or death of insured during the 1^st policy year. 
    
   The Company reserves the right to alter or terminate the offer of lump sum payment arrangement (in whole or in part) and/or amend the relevant terms and conditions of the offer at any time without prior notice. Any application previously approved will not be affected by subsequent alteration or termination of the offer and / or amendments to its terms and conditions. In case of any dispute, the decision of the Company shall be final and conclusive.
    
   The prepaid amount is the annual premium of 2^nd policy year ÷ (1 + guaranteed preferential interest rate).
    
   Please refer to the product brochure of Max Wealth for details.
    
2. The guaranteed preferential interest rate is applicable to the prepaid amount only. Any amount paid in excess of the prepaid amount in the FPDA will not be entitled to the guaranteed preferential interest rate. For the avoidance of doubt, corresponding levy on the annual premium of the 2^nd policy year will not be entitled to any interest. The guaranteed preferential interest rate offered by the Company may be changed from time to time at its absolute discretion. Once your policy application is approved, such interest rate shall be fixed and not subject to change. 
    
3. It is projected based on the assumed guaranteed preferential interest rate of 4% p.a. and will vary by change in the guaranteed preferential interest rate. The interest rate offered by the Company may be changed from time to time at its absolute discretion. Once your policy application is approved, such interest rate shall be fixed and not subject to change.
    
4. The underlying cash value rate used to calculate the cash value is guaranteed by the Company. If there is any change in the notional amount, the corresponding cash value will be adjusted accordingly.
    
5. Within 30 days from each policy anniversary starting from the 15ᵗʰ policy anniversary onwards, you may apply to exercise the terminal dividend lock-in option. Only one application can be made within one policy year and without an aggregate limit for the lock-in rate throughout the policy term. The lock-in rate you may apply to transfer to the terminal dividend lock-in account in a policy year shall not be less than 10% and shall not be more than 70% of the latest value of the terminal dividend, provided that (i) the annual minimum lock-in rate and the annual maximum lock-in rate may be changed by the Company at its absolute discretion from time to time; and (ii) the amount you apply to transfer to the terminal dividend lock-in account shall not be less than the minimum amount (currently USD100), which may be determined by the Company at its discretion from time to time. An application made under the terminal dividend lock-in option cannot be withdrawn once it is submitted to us.
    
6. No withdrawal from the terminal dividend lock-in account will be allowed if the amount of withdrawal is less than the minimum amount as may be determined by the Company from time to time.        
    
7. On the product features for allowing the transfer of a designated percentage of policy value to a separate policy with a new designated insured and the benefit period will be extended to new insured's age 138, this is based on a comparison among all whole life participating life insurance plans with single premium or 2 years premium payment term and terminal dividend available for new business as of June 2022, provided by the insurers which are included in the life & annuity non-linked (Class A) individual business of direct new business in the Provisional Statistics on Hong Kong Long Term Insurance Business for January to December 2021 published by the Insurance Authority. The comparison was made with reference to the information on the company website of the relevant insurers as of June 2022.
   
8. AXA reserves the final right to approve any application for Max Wealth with no medical underwriting. For the avoidance of doubt, (i) applications for all Max Wealth and designated participating life insurance plans; and (ii) existing policies of all Max Wealth and designated participating life insurance plans (whether or not such policies are already paid-up), in respect of the same insured, are included in the calculation of the total premiums.
   

Information on this webpage is for reference only, and not intended to be a complete description of the applicable terms and conditions. Please refer to the product brochure and policy contract for detailed terms and conditions. You should not purchase a policy based on the information on this website alone.