Seamless policy succession solution for intergenerational wealth transfer and preservation
Provides guaranteed cash value and non-guaranteed Terminal Dividend1, allowing you to balance security and opportunity
- Overview
- Featured benefits
Featured benefits
Value-added service
Transitional Owner Arrangement with 【First-in-market10】 Future Guard Option11
The content of this website does not contain the full terms of the product and the full terms can be found in the policy contract. You have the right to request a sample of policy contract before committing to the purchase. Please note the relevant product risks.
Notes:
- The above information is for Hong Kong only.
- All information here is for reference only. The product information in this webpage does not contain the full terms of the product. For the details of the product features, terms and conditions, exclusions and key product risks, you may refer to the product brochure and policy contract of the relevant products. In case you want to read policy contract sample before making an application, you can obtain a copy from AIA.
- Life insurance policies are long-term contracts of insurance. Should you surrender the policy early, you may receive an amount considerably less than the total amount of premiums paid.
- The non-guaranteed Terminal Dividend may be declared to your policy at least once per policy year starting from the end of the 3rd policy year. However, we may also at our sole discretion declare the Terminal Dividend more frequently than once per policy year, such as on a monthly basis.
- Within 30 days after the end of each policy year starting from the end of the 15th policy year, you may apply to exercise the Terminal Dividend Lock-in Option once per policy year. An application to exercise the Terminal Dividend Lock-in Option cannot be changed or withdrawn once it has been submitted to us.
- As of 7 May 2025, compared with savings insurance products provided by Hong Kong major insurance companies.
- Starting from the end of the 5th policy year, provided there is no policy debt under your policy, you can apply to set up instruction to withdraw policy values from your policy on a regular basis during a period as specified by you ("Withdrawal Instruction"), and to designate a payments recipient to receive such withdrawal payments. Your application is subject to our approval at our sole and absolute discretion, applicable laws and our prevailing rules and conditions.
The subsequent guaranteed cash value, Terminal Dividend (if any) and the single premium paid will all be reduced based on the reduced principal amount, and any Terminal Dividend which the Company may declare subsequently will be reduced accordingly. Therefore, such withdrawal will reduce the death benefit, the surrender benefit and the value of your policy as well as its sustainability and potential growth. - From the end of the 1st policy year, you can apply to exercise the Policy Split Option. Only one application is allowed per day and your application is subject to our approval. An application to exercise the Policy Split Option cannot be changed or withdrawn once it has been submitted to us.
- First-in-market refers to the Health Impairment Option's specific feature where the policy owner can designate up to 2 different designated recipients and elect for both benefit payment and transfer of ownership under this option at the same time. This feature is first-in-market when compared with the savings insurance products provided by Hong Kong major insurance companies, as of 7 May 2025.
- Starting from the end of the 3rd policy year, if you are also the insured, you may elect for benefit payment and/or ownership transfer under the Health Impairment Option. Subject to relevant conditions and withdrawal risk.
- First-in-market refers to the Beneficiary Flexi Option's specific feature where the policy owner allows the beneficiary to choose to receive the death benefit payment in accordance with the beneficiary's selected settlement option when the beneficiary has attained the Designated Age chosen by the policy owner or when the beneficiary is diagnosed with a Specified Illness under Beneficiary Flexi Option. This feature is first-in-market when compared with the savings insurance products provided by Hong Kong major insurance companies, pioneered by AIA in the FlexiAchiever Savings Plan on 8 January 2025.
- Provided you have already chosen the Death Benefit Settlement Option, you may also choose the Beneficiary Flexi Option during the lifetime of the insured, which will allow the beneficiary to receive his/her share of any unpaid balance of the death benefit and accidental death benefit (if any) in accordance with the settlement option selected by such beneficiary when the Beneficiary Flexi Option becomes effective upon the earlier of (a) the beneficiary has attained the Designated Age chosen by you; and (b) the beneficiary is aged 18 and has been diagnosed with a Specified Illness under Beneficiary Flexi Option, subject to our approval and our prevailing rules and conditions.
- As of 7 May 2025, compared against similar services offered by Hong Kong major insurance companies.
- Transitional Owner Arrangement is only available to designated policies which meet our eligibility requirements. Transitional Owner Arrangement is a value-added service and not a product feature, therefore it does not form part of the policy contract of Wealth Generation. Application is subject to our approval to be determined at our discretion. We reserve the right to withdraw the Transitional Owner Arrangement or change its terms and conditions or any related requirements at any time at our sole and absolute discretion. Future Guard Option is one of the service features under the Transitional Owner Arrangement. For details of Transitional Owner Arrangement and Future Guard Option (including but not limited to eligibility, risk and limitation), please refer to the value-added service leaflet of Transitional Owner Arrangement.
