The new insurance plan will allow customers to receive life protection while enjoying a guaranteed annual return as high as 2.4%.
Available as an endowment plan to persons aged between three months and 65 years, the new insurance plan will offer customers with a short premium payment period of just two years and life protection for five years.
Go deeper with GlobalData
Customers will also have an option to choose between a USD plan and a HKD plan, with guaranteed annual returns of 2.4% and 2.2%, respectively, upon policy maturity. The plan offers guaranteed life protection up to 101% of the total premium paid.
The minimum annual premiums of the USD Plan and HKD Plan are US$6,000 and HK$48,000 respectively.
BEA Life managing director, Patrick Wan, said: "In today’s low interest rate and high-risk investment environment, the 2-Year ValueRaiser Insurance plan offers our customers a guaranteed return as well as five years of life protection. The Plan enables them to enjoy steady wealth accumulation to achieve their financial goals with peace of mind."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
