LionGlobal Multi-currency Insurance Plan

Customer Promotion Offer

You can enjoy

• Up to 7% premium refund on the 2-year and 5-year premium payment term
• 4% premium discount on single premium payment

for every eligible application of LionGlobal Multi-currency Insurance Plan submitted from now to 31 December 2026, with successful policy issuance on or before 28 February 2027! Terms & conditions apply. Refer to the relevant promotion flyer(s) for details: 2-year and 5-year premium payment term / single premium.

Preferential Interest Rate Promotion

For Premium Payment Term of 2-year or 5-year, successfully apply for designated plans from now to 31 December 2026 to enjoy a Preferential Premium Deposit Fund (“PDF”) interest rate of 4.1% 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.

~ Prevailing customer promotion(s) refers to any customer promotions of designated plans off­ered concurrently at the time of the application of such plan. For details, please refer to the relevant promotion flyer.

In an ever-changing world where, opportunities, priorities can emerge across different markets, economies and currencies continue to evolve. A wealth strategic solution that remains relevant over time should be able to move with you. Whether you are planning for wealth growth, income flexibility or legacy transfer, the right solution can help you stay agile while keeping your long-term goals on track.

LionGlobal Multi-currency Insurance Plan (“the Plan”) is a long-term savings and participating life insurance plan underwritten by Generali Life (Hong Kong) Limited (“Generali”), is designed to support you pursue long-term wealth accumulation while giving you the flexibility to adapt to changing market conditions. With Currency Switching Option, you may switch your Policy Currency among available currencies at designated life milestones, allowing your wealth strategy to stay aligned with your financial objectives and global outlook.

The Plan combines wealth accumulation potential, multi currency flexibility and comprehensive legacy planning features in one single policy. Whether your goal is to grow and manage your wealth, diversify your currency exposure, create future income streams, or pass on your wealth across different legacy to the next generation, the Plan provides the flexibility to support your journey at every stage of life.

Remarks:

1.   Terminal Dividend will be payable upon surrender, whether in full or partially, death of the Insured, or termination of the Policy. 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. After the request is approved, no change or cancellation of the Option is allowed. Please refer to Policy Provisions for details.

3.    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. 

4.    The interest rate is not guaranteed. The interest rate may change from time to time. Generali will determine the interest rate at its absolute discretion. You may refer to the illustration for the interest rate.

5.    Guaranteed Cash Value, Terminal Dividend (if any), 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 3rd 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 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.

6.    Extended Grace Period is only applicable to 2-year and 5-year Premium Payment Term. 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 70. At the end of premium holiday period, Generali will postpone the policy values schedule and premium schedule. The policy values may be adjusted. Generali will issue an endorsement to update the relevant information upon approval.

8.    Accidental Death Benefit shall automatically terminate on the occurrence of the earliest of (i) the 3rd Policy Anniversary; and (ii) once the Accidental Death Benefit is payable. If the Policyholder holds 1 or more than 1 Policy with Accidental Death Benefit and such Policy(ies) is/are denominated in Policy Currency other than USD, the amount payable under all Policies will be converted into USD based on the prevailing exchange rate as determined by Generali at its sole discretion to calculate the maximum payable amount of the Accidental Death Benefit for the Insured.

9.    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. For the avoidance of doubt, Notional Amount is subject to change from exercising Partial Surrender and/or Policy Split. 

10. 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. For the avoidance of doubt, Notional Amount is subject to change from exercising Currency Switching Option, Partial Surrender and/or Policy Split Option.

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

12. 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.

13. You may exercise Change of Insured option starting from the 1st Policy Anniversary. The application and execution 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 not over Age 75.

The application and execution 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 not over 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 the 3rd Policy Anniversary or after the end of Premium Payment Term, whichever is later, you may exercise the Policy Split Option by submitting a written request on 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 Principal 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.

For policy split upon the death of the Insured, the period of time described in the Suicide and Incontestability Clause shall be calculated from the Effective Date of Split. To process the policy split request, your Policy should have no indebtedness (if applicable) 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 approves 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.

17. Contingent Policyholder and Policy Custodian Option do not form part of the contractual Benefit under your Policy.

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.