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.
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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."
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