22 Dec 2016
Offers total return of up to 5.9% per annum
The Hong Kong Monetary Authority followed last week’s 0.25% hike in the US interest rate with an increase in base rate that had a negligible effect on Hong Kong’s near-zero interest rate environment.
For this reason, FTLife is pleased to introduce an enhanced "Regent" Insurance Plan that will provide policyholders with an overall total return of up to 5.9%. The plan has been designed to help investors grow their wealth in a stable manner over the long term.
Returns weakened by low-interest rates
Given the global low interest rate environment that has persisted since the financial crisis of 2008, the near-zero bank deposit rates have wiped out any likelihood of earning income from traditional bank savings. It also has a drag effect on conventional insurance products, as the current ultra-low interest rate situation has proved unfavourable to policyholders.
In fact, people are finding it increasingly difficult to choose a protection plan that can provide them with a well-protected future and attractive long term returns at the same time.
FTLife’s higher total return offer bucks the trend
True to its guiding principle of “Your Future, Our Promise”, FTLife has introduced the enhanced "Regent" Insurance Plan for people seeking long-term growth and planning a future lifestyle of choice by saving prudently. The enhanced plan offers an overall total return of up to 5.9% and allows policyholders to withdraw annual dividends* every policy anniversary, or keep them in the plan to accumulate greater wealth.
Customers who have successfully applied for the enhanced "Regent" Insurance Plan before 31 December 2016 will receive a first year premium refund of up to 30%. Meanwhile, customers opting to prepay premiums will be entitled to a special interest rate offer of 4% on the prepaid sum after deducting the first year’s premium. Act now to capitalise on this compelling offer!
The above proposition is subject to relevant terms and conditions. For enquiries, please contact your FTLife Financial Planning Consultant, or call the FTLife Customer Service Hotline on 2866 8898.
- The information contained in this document is intended as a general summary of information for reference only. For details of "Regent" Insurance Plan, please refer to the product brochure and client incentive leaflet. Please also refer to the policy provision for details of the full terms and conditions.
- *Dividends are not guaranteed.
- For further details, please contact FTLife Customer Service Hotline on 2866 8898.