Wealth Up (Premier) Savings Insurance Plan

Grow your wealth for your loved ones and the next generation

Why you will love this

2 Year short premium payment term

20-Year life protection for peace of mind

Easy to apply—no medical exam needed

Who can apply

Issue Age*: Age 0 (15 days after birth) to 80

FEATURES AND BENEFITS

Enjoy substantial savings with premium prepayment

Enjoy a discount when you prepay your second-year premiums during the application process.

Enjoy a discount when you prepay your second-year premiums during the application process.

Flexibly change the Life Insured

While the plan is in force and the Life Insured is alive, the Policyowner can change the Life Insured an unlimited number of times starting from the 1st Policy Anniversary, including:
1) Change of one Life Insured;
2) Change to two Life Insureds.

While the plan is in force and the Life Insured is alive, the Policyowner can change the Life Insured an unlimited number of times starting from the 1st Policy Anniversary, including:
1) Change of one Life Insured;
2) Change to two Life Insureds.

Build your wealth faster with additional returns

The plan provides a Guaranteed Cash Value as well as a Terminal Dividend (non-guaranteed^).

The plan provides a Guaranteed Cash Value as well as a Terminal Dividend (non-guaranteed^).

Ensure policy continuum with a Contingent Life Insured and Contingent Policyowner

During the lifetime of the Life Insured and while the Plan is in force, the Policyowner may designate a Contingent Life Insured.

During the lifetime of the Life Insured and while the Plan is in force, the Policyowner may designate a Contingent Life Insured.

Flexible Death Benefit Settlement Options

Choose from six flexible Death Benefit Settlement Options, so you can choose how the death benefit is paid to the beneficiary.

Choose from six flexible Death Benefit Settlement Options, so you can choose how the death benefit is paid to the beneficiary.

BEFORE YOU APPLY

Eligibility requirements

Age 0 (15 days after birth) to 80*


Remarks

*Age means age of the Life Insured at the last birthday

^ Terminal Dividend is not guaranteed and may be changed from time to time. Past performance is not indicative of future performance. The actual amount payable may be higher or lower than those illustrated in the Insurance Proposal. Hong Kong Life reserves the right to change them from time to time.


Important notes

Wealth Up (Premier) Savings Insurance Plan is the product underwritten by Hong Kong Life Insurance Limited (“Insurer”) but not by OCBC Bank (Hong Kong) Limited (“Bank”). The Bank is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agency and is the authorised insurance agency of the Insurer for distribution of the insurance plan in Hong Kong Special Administrative Region(“HKSAR”). The insurance plan is authorised and regulated by the Insurance Authority of HKSAR. The Insurer will be responsible for providing your insurance coverage and handling claims under the insurance plan.

The information, examples and materials contained in this webpage are provided for reference only and do not provide any suggestion or recommendation of any insurance product nor constitute any part of the related insurance policy. You should not rely solely on this webpage to make decisions on applying for the insurance product. Before applying for any insurance plan, you should read carefully and fully understand the leaflet, proposal and policy provisions of the relevant plan (including but not limited to terms and conditions, coverage, exclusions and risk disclosures), and when necessary, you should also seek independent and professional advice before making any decision.


WAYS TO APPLY

Apply for Wealth Up (Premier) Savings Insurance Plan