LionAchiever Elite

Successfully apply for LionAchiever Elite from 1 July to 30 September, 2025 to enjoy a Preferential Premium Deposit Fund (“PDF”) interest rate of 4.8% p.a.^* on the prepaid premium during the Premium Prepayment Period, on top of any prevailing customer promotion(s). For details, please visit here.

* The preferential PDF interest rate is not guaranteed. Generali Life (Hong Kong) Limited (“Generali”) reserves the right to revise the rates from time to time.

We are all paving the way to achieve our dreams and aspirations. 

LionAchiever Elite (“the Plan”), a long-term savings and participating life insurance plan underwritten by Generali Life (Hong Kong) Limited (“Generali”), supports you in building a financial foundation with high potential returns to reach your goal. The Plan offers flexible wealth management and a comprehensive legacy solution to maximise the protection for your loved ones, build greater wealth, and secure legacies beyond your lifetime. With a blend of savings and protection, you can achieve your goals with peace of mind at every stage of your journey.

Remark:

The above case studies are hypothetical examples created to illustrate the features and potential benefits of LionAchiever Elite. They do not constitute financial advice, investment recommendations, or guarantees of future performance. Actual returns may vary depending on individual circumstances, policy terms, and market conditions.

The returns and features of LionAchiever Elite are subject to the final terms and conditions of the policy. Customers are advised to read the relevant product documents carefully and consult a professional financial advisor to determine whether the product suits their personal needs.

All figures are based on a USD-denominated policy, converted to HKD at an exchange rate of 1 USD = 7.8 HKD and rounded to the nearest whole number. All projected returns are based on current assumptions and are not guaranteed. The projections assume full premium payment at maturity, with no premium prepayment, policy loans, or exercise of policy options.

^ Total Cash Value is the sum of the Guaranteed Cash Value, Terminal Dividend (if any), and the Balance of the Benefit Accumulation Account (if any). Total Cash Value is non-guaranteed.

From now on, if you withdraw the cash value of LionAchiever Elite and transfer to your overseas bank accounts via telegraphic transfer, we will waive the charge related to telegraphic transfer^@ of such remittance collected by the relevant bank or service provider once per Policy Year. 

Remarks:

1. Terminal Dividend will be payable upon surrender, whether in full or partially, death of the Insured, or termination of the Policy from the Policy Anniversary upon the end of Premium Payment Term. It is not guaranteed and may be altered at any time by Generali. Generali will update you the amount of Terminal Dividend (if any) on the respective anniversary statement at each Policy Anniversary. The actual amount of Terminal Dividend will only be determined at Generali’s sole discretion when exercising Terminal Dividend Lock-in Option or when it is payable.

2.    For Regular Lock-in Option, your written request has to be submitted and approved at least 2 months before the next Policy Anniversary. The Regular Lock-in Option will become effective upon Generali’s approval. The first lock-in will take place on the Policy Anniversary immediately after the approval date. The maximum aggregated lock-in percentage for both Flexi Lock-in Option and Regular Lock-in Option is 60%. After exercising Terminal Dividend Lock-in Options, any future Terminal Dividend will be adjusted correspondingly at a rate to be determined by Generali based on the Terminal Dividend which have been locked-in. Upon approval of the request, no change or cancellation of the option is allowed. Please refer to Policy Provisions for details.

3.    Guaranteed Cash Value, Terminal Dividend, Total Premiums Paid and Total Premiums for calculation of relevant Benefits will be reduced proportionately upon Partial Surrender.

Subject to Generali’s approval and the prevailing administrative rules, you may exercise Regular Partial Surrender from the 3^rd Policy Anniversary. You may apply for Regular Partial Surrender by submitting written request to Generali on Generali’s prescribed form and get Generali’s approval with at least 2 months before the start of Regular Partial Surrender. Regular Partial Surrender will be effective upon Generali’s approval and the first Partial Surrender will take place on the Policy Anniversary immediately after the approval date. Subject to the minimum Notional Amount of the Policy as per Generali's prevailing administrative rule, and if the sum of the Guaranteed Cash Value and Terminal Dividend is not enough to pay the requested Regular Partial Surrender amount, Regular Partial Surrender will cease automatically.

4.     The interest rate is not guaranteed. For the latest interest rate, please refer to the illustration.

5.     Subject to Generali’s approval and the prevailing administrative rules, you may apply for withdrawal from the Benefit Accumulation Account at any time by submitting a written request to Generali on Generali’s prescribed form.

6.     To apply for the Extended Grace Period Option, you are required to submit a written request to Generali in prescribed form at least 1 month before the start date of the specified Grace Period. Once exercised, the first premium due on or immediately after the approval date of the request shall be paid on or before the last day of the Extended Grace Period. During the Extended Grace Period, the Policy will remain effective. However, premium will continue to accrue and any due and unpaid premiums during that 180-day period are required to be settled by the end of the Extended Grace Period. Please note, if you have prepaid the premium and the amount is sufficient to settle the premium due, this Option will not be applicable. On the date when no more premium payment is required under the Policy or when this Option has been exercised, whichever is earlier, Extended Grace Period Option shall automatically terminate.

7.     Premium Holiday Option is only applicable to Policy with Premium Payment Term of 5 years.

The start date of the Premium Holiday must be on the Policy Anniversary. To apply for the Premium Holiday Option, you are required to submit a written request to Generali on Generali’s prescribed form at least 1 month before the start of the Premium Holiday. Any Indebtedness must be repaid before the Premium Holiday is effective. Upon the start of the Premium Holiday, all supplementary benefit(s) (if any) attached to the Policy will be terminated. The Premium Holiday Option shall automatically terminate on the occurrence of the earliest of (i) the aggregate period of Premium Holiday taken is equal to 2 years; (ii) on the date the Basic Plan is paid up; and (iii) the Policy Anniversary at which the Insured attains Age 75.

8.     Once the Surrender Benefit becomes payable under Contingent Recipient Option, the Policy shall automatically terminate.

9.     A person who is incapable, by reason of mental incapacity, of managing and administering their property and affairs. The diagnosis must be confirmed by a Registered Medical Practitioner who is a psychiatric specialist. Generali reserves the right to conduct an independent evaluation of the Insured whenever deemed necessary to ascertain the diagnosis.

10. Accident Death Benefit shall automatically terminate on the occurrence of the earliest of (i) the 3^rd Policy Anniversary; and (ii) once the Accidental Death Benefit is payable.

11. Total Premiums Paid refers to all premiums due and paid to Generali based on the latest Notional Amount before the Expiry Date excluding substandard premiums (if any) and premiums of any supplementary benefits.

12. Total Premiums refer to all premiums paid and payable to Generali based on the latest Notional Amount before the Expiry Date excluding any substandard premiums and premiums of any supplementary benefits.

13. You may exercise Change of Insured option starting from the 1st Policy Anniversary. The application of Change of Insured option is subject to Generali’s prevailing administrative rules and the following requirements: 

·    The new Insured must be alive at the time of the Legacy Planning Option is exercised; 

·    The new Insured must have an insurable interest with the Policyholder; and 

·    The new Insured must be younger than the existing Insured or below Age 75. 

The application of Policy Continuation option is subject to Generali’s prevailing administrative rules and the following requirements: 

·    There is only one beneficiary before the death of the existing Insured; 

·    The new Insured must be alive at the time of the Legacy Planning Option is exercised; and 

·    The new Insured must be younger than the existing Insured or below Age 75. 

If the existing Insured and the Policyholder is the same person, upon the death of the existing Insured, the new Insured will become the new Policyholder at the same time. 

Please refer to Policy Provisions for details.

14. Starting from (i) the 3rd Policy Anniversary; or (ii) the end of the Premium Payment Term, whichever is later, you may exercise the Policy Split Option by submitting a written request in Generali's prescribed form within 30 days after the Policy Anniversary. Generali will split the Policy according to your specified split percentage. However, the Notional Amount of the Principal Policy, Preceding Policy and the Split Policy must not be less than the minimum requirements as determined by Generali from time to time. Upon the split, Generali will transfer the policy values of the Policy, which include Guaranteed Cash Value, Terminal Dividend (if any) and balance of the Benefit Accumulation Account (if any) to the Split Policy according to the split percentage. All rounding difference will accrue to Generali. All Options elected under the Preceding Policy will not be applicable to the Split Policy. All benefits, terms and conditions of the Split Policy will follow your Policy, unless stated otherwise. The Policy Date of the Split Policy will be the same as its Preceding Policy. After Policy split, the Notional Amount, policy values and Total Premiums Paid for calculating relevant benefits of your Policy will be reduced by the split percentage. To process the Policy split request, your Policy should have no indebtedness and/or no claim in progress and all requests for withdrawal and locking in Terminal Dividend under your Policy must have been completed. Your application is subject to Generali’s approval and other prevailing administrative rules. After Generali approved your request for Policy Split Option, no change or cancellation of the request will be allowed. Please refer to Policy Provisions for details. 

15. The default option for the Death Benefit Payment Option is Lump Sum Payment. You can apply to change this option before the death of the Insured, subject to Generali’s prevailing administrative rules. Please refer to Policy Provisions for details. 

16. Total Death Benefit Payment refers to an amount payable equivalent to the sum of Death Benefit, Accidental Death Benefit and any death benefit payment under supplementary benefit(s) attached to this Policy. 

# The calculation for total breakeven and total IRR has included Guaranteed Cash Value and non-guaranteed Terminal Dividend. It is not guaranteed. It is based on the scenario of 2 Pay, at year 20th, annual premium payment mode with Total Premiums Paid of USD240,000. It has assumed that all premiums are paid in full when due without prepayment, policy loan, withdrawal and exercise of any policy option.

@ It is applicable to withdrawal through partial surrender or withdrawal from Benefit Accumulation Account. It is subject to our prevailing administrative rule which we may determine from time to time at our absolute discretion. We reserve the right to amend or terminate this waiver without advance notice. Overseas transfer is subject to applicable laws, regulations and guidelines from regulatory authorities of the relevant jurisdictions. We will not bear other fees (if any) charged by any correspondent banks / third-party service providers. If the currency of your overseas bank account is different from the policy currency, the remittance may be subject to an exchange rate determined by third-party banks and service providers and you will bear the relevant exchange rate risk. We are not responsible for any act, negligence or failure to act on the part of the relevant third-party banks / service providers. We will not be liable for any loss or damage, costs or other expenses whatsoever and howsoever, directly or indirectly, caused by, arising from or in connection with the relevant third-party banks and service providers. 

The Plan is underwritten by Generali Life (Hong Kong) Limited. This Plan may serve as standalone plan(s) without bundling with other type(s) of insurance product. You are required to read the relevant product brochure, the Policy Provisions and the proposals presented by your Insurance Advisers or the Company’s Representatives in order to fully understand the details of the definitions, charges, product features, exclusions, and conditions of payment of claims, etc. plus complete terms and conditions.