CTF Life is proud to launch the Regent Elite Insurance Plan II (Premier)(the "Plan"), a

plan to accelerate the growth of your personal and family wealth. It is also designed

for your sophisticated planning on wealth succession. The first-in-market* "Dual

Succession" feature allows you to pass on your legacy to next generations for total

peace of mind. Special large size discount1 for whole premium payment period

("Large Size Discount") is available for designated premium amount or above!

* The "First-in-market" item is the result comparing similar major life insurance savings products of major life insurance companies in Hong Kong, as of 27 September 2021.

Key Benefits of this Plan:

All-rounded tool for passing on legacy to next generations

While the Insured is alive and the Policy is in force, the first-in-market* "Dual Succession" allows the Policy Owner to i) change the Insured unlimitedly2 and ii) assign a new Insured in advance through Policy Continuation Option3, even in the event of an accident which leads to failure in changing the Insured on time, this option can prevent the Policy from termination due to the death of the Insured. It provides you the most secure way to pass on your wealth!

Unlimited changes of Insured and protection of new Insured up to age 1282

After the 1st Policy Anniversary, you may change the Insured for unlimited times2. The coverage period will be adjusted to the 128th birthday of the new Insured. Policy value would have sufficient time for wealth accumulation and can be passed on to the next generations infinitely.

Policy Continuation Option (to the Beneficiary)3

Apart from unlimited changes of Insured2, the Plan specially provides "Policy Continuation Option"3. While the Insured is alive and the Policy is in force, the Policy Owner can assign a Beneficiary and upon the death of the Insured, the Beneficiary will become the new Policy Owner (if applicable) and the new Insured. Even if the Insured accidentally passes away, the Policy can still be passed on to the next generations. The coverage period will also be adjusted to age 128 of the new Insured.

Guaranteed breakeven period as short as 15 years#

The guaranteed breakeven period of Regent Elite Insurance Plan II (Premier) is as short as 15 years#. Even if the Policy value is withdrawn in early years, you can still enjoy the potential returns. The term of the Policy is up to age 128 of the Insured, which provides ultra long-term wealth growth opportunities and extends your wealth to next generations. The Plan provides guaranteed cash value, non-guaranteed reversionary bonus4 and non-guaranteed terminal bonus4, allowing your wealth to grow continuously.
#Guaranteed breakeven period refers to the Policy Year that the guaranteed cash value is equal to or greater than the total amount of premiums paid9 by the end of that year for the first time. The 15-year guaranteed breakeven period is only applicable to Policy with net annual premium (after Large Size Discount (if applicable) and before any other premium discount (if any)) of USD 50,000 or above with 2 years premium payment period and annual premium payment mode.

Bonus Lock-in Options5

To protect your wealth against market volatility, you can choose to apply for one of the following Bonus Lock-in Options5 to transfer and accumulate the latest cash value of reversionary bonus4 and terminal bonus4 in the Bonus Lock-in Account or withdraw it in times of need. The cash value of reversionary bonus4 and terminal bonus4 which has been transferred to Bonus Lock-in Account will become guaranteed. This brings you a stable return and also allows you to earn interest13.

1) Automatic Lock-in Option5
Starting from the 15th policy anniversary or the policy anniversary immediately follows the insured reaches the retirement age selected by you (must be 55 years old or above) (whichever is later), we will automatically transfer the latest cash value of reversionary bonus4 and terminal bonus4 which is equivalent to 8% of total premiums paid9 to the Bonus Lock-in Account after deduction of any Indebtedness on each policy anniversary, until the remaining cash value of reversionary bonus4 and terminal bonus4 falls which is equivalent to 30% of total premiums paid9 at certain policy anniversary.

2) Manual Lock-in Option5
Starting from the 15th policy anniversary, you can apply to transfer the latest cash value of reversionary bonus4 and terminal bonus4 on your choice to the Bonus Lock-in Account after deduction of any Indebtedness on your designated policy anniversary(ies). 10% or above of the latest cash value of reversionary bonus4 and terminal bonus4 can be transferred each time, up to a total of 80%, while a 3-year or above interval between each transfer is required.

Flexible withdrawal of Policy value

At different stages of life, you can withdraw the Policy value flexibly according to your financial needs. You can withdraw cash in lump sum or by installments to implement your plans.
The cash amount from withdrawal of non-guaranteed reversionary bonus4 (if any), partial surrender is non-guaranteed. And this will result in a reduction in the units and guaranteed cash value (applicable to partial surrender), the face value and cash value of non-guaranteed reversionary bonuses4 and non-guaranteed terminal bonus4 (if any) that has been declared or may be paid in the future. The amount used in the calculation of death benefit will also be decreased accordingly. The Policy shall be terminated upon full surrender. Please refer to At-a-Glance Table for details of withdrawal arrangement.

Guaranteed cash value, non-guaranteed reversionary bonus4 and non-guaranteed terminal bonus4

In addition to the increases of guaranteed cash value over the years, Regent Elite Insurance Plan II (Premier) declares non-guaranteed reversionary bonus4 and non-guaranteed terminal bonus4 annually starting from the 1st Policy Anniversary. The Plan allows your wealth to grow continuously so as to earn a higher long-term return (please refer to At-a-Glance Table for details of non-guaranteed reversionary bonus4 and non-guaranteed terminal bonus4).
Guaranteed Cash Value The Plan provides guaranteed cash value to grow your wealth continuously. Please refer to the Policy Provisions for details of "Cash Values".
Non-guaranteed Reversionary Bonus4 A non-guaranteed reversionary bonus4 may be declared from the Policy Year determined by the Company and at each subsequent Policy Anniversary under the Plan, provided that all premiums due have been paid up to each relevant Policy Anniversary and no premium holiday has ever been taken effect (if applicable). Non-guaranteed reversionary bonus4 and its amount may be declared at the sole discretion of the Company. Once declared, the declared face value of reversionary bonus4 will become guaranteed and forms a permanent addition to this Policy, whereas the cash value is not guaranteed. The cash value of non-guaranteed reversionary bonus4 (if any) can be withdrawn instantly or accumulated in the Policy. Once the cash value of reversionary bonus4 (if any) is withdrawn (whether in whole or in part), a corresponding cash value of terminal bonus4 (if any) will be withdrawn simultaneously.
Non-guaranteed Terminal Bonus4 A non-guaranteed terminal bonus4 may be declared from the Policy Year determined by the Company. Non-guaranteed terminal bonus4 and its amount may be paid at the sole discretion of the Company. A non-guaranteed terminal bonus4 will not be accumulated in the Policy and its amount will be updated in each declaration. Each declaration of non-guaranteed terminal bonus4 will be based on a number of factors, including but not limited to investment returns and market volatility, which may be greater or less than the previous amount declared.
Upon the death of the Insured, the face value of accumulated reversionary bonuses4 (if any) and the face value of non-guaranteed terminal bonus4 (if any) under the Policy will be used to calculate the amount of death benefit. Otherwise, upon partial surrender / full surrender, maturity, policy termination or exercising the Bonus Lock-in Options, we will pay the cash value of accumulated reversionary bonuses4 (if any) and the cash value of non-guaranteed terminal bonus4 (if any) under the Policy. These cash values are not guaranteed.

Premium holiday6

The Plan offers premium holiday6 of up to 2 years to provide you with flexibility for your wealth management. You can apply for a premium holiday6 on or after the 3rd Policy Anniversary as long as there is no prepaid premium10 and indebtedness. The premium payment of the next Policy Anniversary will be suspended and you do not need to worry about the immediate termination of Policy. During the premium holiday6, the non-guaranteed reversionary bonuses4 will not be declared, but the units, guaranteed cash value and the face value of accumulated reversionary bonuses4 (if any) will remain unchanged.

Premium waiver7

Accidents or diseases are unforeseeable. Under the following circumstances, we will pay the future premiums of the basic plan to give your beloved ones an extra peace of mind.

1) If the Insured is 18 years old or above7, and is the Policy Owner at the same time, and diagnosed with total permanent disability11 before the age of 75, he or she will entitle to the "Waiver of Premium Benefit"7. We will pay the future premium of the basic plan for you, up to USD 500,000 until premium end date that is set at the time of Policy issuance. It ensures your wealth accumulation will not be affected.

2) If the Insured is 17 years old or below7, and the Policy Owner (including contingent Policy Owner12) dies or is diagnosed with total permanent disability11 before the age of 75, he or she will entitle to the "Payor Benefit"7 , and we will pay the future premiums of the basic plan for you, up to USD 500,000 until premium end date that is set at the time of Policy issuance to safeguard your child's future.

Waiver of Premium Benefit is subject to designated exclusions. Please refer to the "Key Exclusions Section" and Policy Provisions for more details.

Flexible Death Benefit Settlement Option8 for each Beneficiary

In the unfortunate event of the death of the Insured, we will pay a death benefit of up to 110% of total premiums paid9 for your peace of mind (please refer to At-a-Glance Table for details of death benefit).
While the Insured is still alive and the Policy is in force, the Policy Owner can choose from the following Death Benefit Settlement Options flexibly regarding payment of death benefit to different Beneficiary(ies) in different ways in the unfortunate event of the Insured's death. It allows each Beneficiary to have the most appropriate protection.
(1) A lump sum payment; or
(2) Installment payment; or
i. Regular installment payment8

Monthly, semi-annually or annually over 10, 20 or 30 years; or

ii. Increasing installment payment8

The Beneficiary will receive a designated amount of first installment by monthly, semi-annually or annually. Such installments will be increased by 3% each year starting from the 2nd year until all death benefit and accrued interest13 (if any) stated above are fully paid.

(3) Lump sum + installment payment

A designated percentage of death benefit will be paid in lump sum and the balance by regular installments8. Such percentage must be equal to or more than 5% of the above stated benefit.

If you choose the above (2) - (3) options to pay the death benefit to the Beneficiary(ies), the remaining amount in installment payment of death benefit (after deduction of a lump sum payment of a certain percentage of death benefit, if applicable) must be at least USD 50,000 (per Beneficiary). The remaining amount of death benefit which is yet to be paid can also earn interest13 (if any).

Full Surrender Settlement Options14

Once the Policy has been in force for 5 years, and if the Policy Owner fully surrenders the Policy, other than a lump-sum payment, the Policy Owner can also choose from the following options to receive the surrender payment if the surrender payment is at least USD 50,000:

1) Payment at regular intervals14 -monthly, semi-annually or annually over 10, 20 or 30 years. The amount of the surrender payment which is yet to be paid can also enjoy an interest13 (if any); or

2) Payment by increasing payments14 -you can specify the first installment of surrender amount to be received monthly, semi-annually or annually. Such installment will be increased by 3% each year beginning from the second year until all surrender value and accumulated interest13 (if any) are fully paid. The amount of the surrender payment which is yet to be paid can also enjoy an interest13 (if any).

Flexible plan for your financial needs

Regent Elite Insurance Plan II (Premier) offers the options of premium payment periods of 2 and 5 years, you may choose to prepaid the premium10 by lump sum payment, thereby enjoying the benefit of paying up the Plan at a lower cost. Interest13 (if any) will also be earned on the prepaid premium10.

No medical underwriting - hassle-free application

The application process of basic plan is simple, and no medical check-up is required, this allows you to accumulate wealth with ease.

Free worldwide emergency assistance service15

Once enrolled in Regent Elite Insurance Plan II (Premier), you will have access to free 24-hour worldwide emergency assistance for immediate support wherever you may be. The maximum benefit (per incident) reaches up to USD 1,000,000, including services of emergency evacuation or repatriation and delivery of mortal remains. For details, please refer to related documents.
Calculate your Returns Now:

Age
0 Years Old
Sex M F
Annual Premium
10,000 USD
Premium Payment Period 2 Years 5 Years
Overview of your Returns:

Policy Currency:USD
Total Premium Paid20,000USD
Insured Age:  Year Old
Guaranteed Cash Value

Total Bonuses

Face Value
Cash Value
Surrender Value
Profit
Total Death Benefit
At the 1 Policy Year
Drag the button to review the performance at different policy year

Above calculations are for reference only, please contact your financial consultant to have an official illustration proposal.

Statement

1.The above summary, result of calculation and information is for reference only and does not constitute financial, investment or taxation advice or advice of whatsoever kind. You shall seek professional advice from your independent advisors if you find it necessary. The calculation result shown here may be different from the result of our underwriting assessment. You should refer to the policy provisions of the relevant product(s) for their full terms and conditions, including without limitation, the exclusion clause.

2.The above summary, result of calculation and information is intended to be issued in Hong Kong only and shall not be construed as an offer to sell, or solicitation to buy or provision of any product of Chow Tai Fook Life Insurance Company Limited outside Hong Kong to any person. Chow Tai Fook Life Insurance Company Limited hereby declares that it has no intention to offer to sell, to solicit to buy or to provide any of its product in any jurisdiction other than Hong Kong in which such offer to sell or solicitation to buy or provision of any product of Chow Tai Fook Life Insurance Company Limited is illegal under the laws of that jurisdiction.

3.In case of any disputes, Chow Tai Fook Life Insurance Company Limited reserves the rights to make the final and conclusive decision.