Stream of Monthly Annuity Income1 and Terminal Dividend2 will be provided under the Plan for you to enjoy your retirement with peace of mind.
You may choose to cash out the Monthly Annuity Income1 and/or keep the Monthly Annuity Income1 in the Policy for non-guaranteed interest accumulation. You may withdraw accumulated Monthly Annuity Income1 and/or accumulated interest (if any) at any time to satisfy your needs. You can change your payout option anytime without any charges.
The Plan provides guaranteed IRR of 2.00%4 and total projected IRR of 3.50%4,5.
If you are a Hong Kong taxpayer, you may claim a concessionary deduction under salaries tax or personal assessment of up to HKD 60,000 per taxpayer6 (or up to HKD 120,000 per Policy for a taxpaying couple) per year for the qualifying premiums paid for the Plan. For further details, please refer to the website of the Inland Revenue Department at www.ird.gov.hk.