WEALTH ELITE. Building your legacy

Transcription

1 WEALTH ELITE Building your legacy

2

3 WEALTH ELITE 1 AIA Group Limited is the largest independent publicly listed pan-asian life insurance group, and is the world s second largest listed life insurer by market capitalisation i. It is also the third largest constituent of the Hong Kong Indexes ii. AIA Group s brand positioning as The Real Life Company encapsulates the thriving journey of growth and success in Asia over the years. AIA Group is deeply engaged in the real lives of people in Hong Kong, Macau and across Asia. As the world is constantly changing, so do the needs of the customers for protection and wealth management. They need a real partner that genuinely understands them and is committed to supporting them through life s ups and downs. As a leading pan-asian life insurer, AIA Group has served generations of families in Asia. The Group strives to offer the customers the right protection and wealth management solutions, to build their wealth and better prepare for their lives at all times, and to protect the future of their next generation. As a market leader, AIA Group focuses exclusively on the Asia-Pacific region with established operations in 18 markets - wholly-owned branches and subsidiaries, joint venture or representative offices. The Group understands the challenges that the people of the region face at different stages of life. About AIA Group The founding of the business that is now AIA Group dates back to Shanghai over 90 years ago. With the Company s rapid development in Hong Kong, the Group has built a solid foundation and further expanded its domain all over Asia. As of 31 May 2015, AIA Group has total assets of US$172 billion iii. Financial strength Credit agency ratings are key indicators of financial strength. AIA International Limited currently holds the following ratings iv. Credit Rating - AIA International Limited Standard & Poor's Latest rating date: 16 September 2015 Moody's Latest rating date: 12 October 2015 AA- (Stable) Aa3 (Stable) i. Source: From Bloomberg, 30 September 2015 ii. Source: From Hang Seng Indexes Company Limited, June 2015 iii. Source: From AIA Group Limited Interim Results, 31 May 2015 iv. Source: From AIA Group Limited website AIA Group or The Group herein refers to AIA Group Limited and its subsidiaries. AIA, AIA Hong Kong, AIA Macau, We or Our herein refers to AIA International Limited (Incorporated in Bermuda with limited liability).

4 2 WEALTH ELITE Perpetual security for you and your loved ones

5 WEALTH ELITE 3 Wealth Elite preserves, enhances and allocates your wealth the way you choose. Wealth is more than a hallmark of success; it is a means of providing financial security for future generations. As your real life partner, AIA understands the importance of ensuring that your estate stands the test of time. That s why we created Wealth Elite to help you lay strong foundations through which to grow and protect your gift for the generations to come. Preserving your wealth throughout every life stage As the summer of youth turns to autumn and financial obligations change, the protection offered by Wealth Elite will evolve to fit your needs at different stages of life. The plan puts greater focus on protection earlier in life, when financial obligations are likely to be greater. In the event that a premature death is suffered by the insured, who is the person protected under the policy, the death benefit can become an immediate source of funds to protect the financial security of loved ones, allowing their lifestyles to remain uncompromised. At a later stage in life, when financial obligations diminish, the protection level of the plan will be automatically adjusted as the focus shifts to wealth accumulation, fulfilling your legacy planning needs. Wealth Elite builds on your legacy, for a death benefit that will protect your loved ones beyond your lifetime. Enhancing your savings for a legacy that keeps growing Wealth Elite offers stable long-term returns through guaranteed cash value and non-guaranteed bonuses, enabling you to establish lasting financial security for future generations. Allocating your gift to your loved ones Through Wealth Elite, you have the option of allocating the death benefit to individual beneficiary(ies), ensuring that your wealth is passed to your loved ones without disturbing family stability.

6 4 WEALTH ELITE For a legacy that is always growing

7 WEALTH ELITE 5 For the protection you need and a legacy that will provide for your descendants, Wealth Elite extends your wealth in the following ways. Enhance potential returns through bonuses I. II. Protection that evolves with your needs As a participating insurance plan, Wealth Elite distributes your share of the profit generated from this product group through a non-guaranteed Reversionary Bonus and nonguaranteed Extra Bonus, which are declared under your policy at least once per year. Reversionary Bonus The Reversionary Bonus is a non-guaranteed bonus, the face value of which forms a permanent addition to your policy once it is declared. It may be cashed out or left to accrue in your policy throughout its duration, allowing the value of your policy to grow with time. Extra Bonus The Extra Bonus is a non-cumulative, non-guaranteed bonus, the amount of which is valid until the next declaration. The amount may be increased or decreased on every declaration based on a number of factors, including but not limited to investment returns and general market volatility. If the insured passes away, we will pay the death benefit to the person whom you select in your policy as beneficiary as follows: Death benefit If the insured passes away before the age of 70, or within the first 20 policy years if this period ends later If the insured passes away thereafter The higher of: i. 100% of the face amount; and ii. 80% of the face amount plus the face value of any Reversionary Bonus and any Extra Bonus 80% of the face amount plus the face value of any Reversionary Bonus and any Extra Bonus In any event, we will deduct all outstanding debt under your policy before making the above payments. We may make payment of the face values of any Reversionary Bonuses accumulated and any Extra Bonus under your policy as follows: a. Upon the death of the insured; or b. When the policy matures, once the insured reaches the age of 100. In the event that the policy is terminated by other means, we will make payment of any cash value that may have accumulated on any Reversionary Bonus, and the cash value of Extra Bonus under the policy. These cash values are not guaranteed.

8 6 WEALTH ELITE III. Wealth accumulation with added flexibility More than insurance protection, Wealth Elite offers the opportunity for long-term capital growth in the form of: a. Guaranteed cash value; b. Cash value of the Reversionary Bonus; plus c. Cash value of the Extra Bonus. Furthermore, to enhance your financial flexibility, the Wealth Elite offers you the option of cashing out any Reversionary Bonus or withdrawing any cash value by reducing the face amount of your policy. After you exercise this option, the future value of the policy will be reduced. A policy loan may also be taken out, through which you can borrow up to 90% of the guaranteed cash value of the policy and cash value of the Reversionary Bonus. Interest on a policy loan will be charged at a rate solely determined by us. IV. A benefit for a century well lived If the insured survives to the age of 100, your policy will mature and we will make payment of the sum of the following: a. Guaranteed cash value, which equals the premium you paid with no extra premium loading; b. Face value of the Reversionary Bonus; and c. Face value of the Extra Bonus. We will deduct all outstanding debt under your policy before making the above payment, and your policy will terminate thereafter. V. One-time premium for protection up to the age of 100 Wealth Elite offers life insurance coverage until the insured turns 100 years of age. Catering to insureds between the ages of 18 and 70, it is available with a face amount starting from US$3,000,000. The plan is denominated in US dollars, with a single premium payable in a lump sum, avoiding the obligation of long-term premium payments.

9 WEALTH ELITE 7 Comprehensive planning for tomorrow and beyond

10 8 WEALTH ELITE Important Information This brochure is for reference only. Please refer to the policy contract for the definitions of capitalised terms, and the exact and complete terms and conditions of coverage. We would like to remind you to review the relevant product materials and proposal illustrations (if applicable) provided to you and seek independent professional advice if necessary. Key Product Risks 1. The savings component of the plan is subject to risks and possible loss. Should you surrender the policy early, you may receive an amount considerably less than the total amount of premiums paid. 2. We will cancel your policy if: the insured passes away; the policy matures once the insured reaches the age of 100; or the outstanding loan amount exceeds the guaranteed cash value plus the cash value of the Reversionary Bonuses. 3. We underwrite the plan and you are subject to our credit risk. If we are unable to satisfy the financial obligations of the policy, you may lose a substantial part, and even all, of your premium paid and benefits. Cancellation Right You have the right to cancel and obtain a refund of any premiums paid by giving written notice to us. Such notice must be signed by you and submitted to the Customer Service Centre of AIA International Limited at 12/F, AIA Tower, 183 Electric Road, North Point, Hong Kong or the Customer Service Centre of AIA International Limited at Unit 1903, 19/F, AIA Tower, 251A-301 Avenida Comercial de Macau, Macau within 21 days after the delivery of the policy or the written notice to you or your representative informing you that the policy is available, whichever is earlier.

11 WEALTH ELITE 9

12 10 WEALTH ELITE Always dedicated to the pursuit of excellence

13 WEALTH ELITE 11 It is widely acknowledged that protection has always been secondary to investment in people s financial planning. Now however, against the backdrop of an ageing population and the steadily increasing cost of healthcare, high net worth individuals are all the more aware of the need to review their life insurance coverage together with their wealth preservation plans. AIA is committed to providing the right solutions to customers that prepare them well for the future. AIA Hong Kong and AIA Macau are leaders in their respective life insurance markets. We provide a full suite of products, supported by one-stop premier services to help our customers achieve their wealth accumulation and protection goals. We are committed to excellence, and we aspire to set the standard for the industry in all areas of our business. The effort and dedication of all members of AIA have earned us numerous esteemed industry awards, encompassing brand image, product and services, professional training and social services, proving that our quality of service, product innovation, leadership and excellent business reputation are widely recognised in the community. Tailored solutions to respond to customers lifelong protection needs As real life changes, our customers needs evolve with the growth of society. AIA stays abreast of market changes by proactively understanding and anticipating the needs of different customer segments across their different stages of life. We take a forward-looking approach to product development, providing innovative and tailored solutions to fulfil the customer demands of high net worth individuals. Committed to customers in Hong Kong and Macau Deeply rooted in Asia, AIA has always striven to develop and deliver products and services that are responsive to the needs of high net worth clients. We have set up the AIA Wealth Select Centre to provide one-stop solutions for both insurance and wealth management. Recognising that service excellence is an endless journey, we continue to strive for perfection.

14 12 WEALTH ELITE AIA Wealth Select Centre Hong Kong 12/F, AIA Tower, 183 Electric Road, North Point, Hong Kong Kowloon Rm , 17/F, The Gateway, Tower 6, Canton Road, Harbour City, Tsim Sha Tsui, Kowloon Macau Unit 1903, 19/F, AIA Tower, Nos. 251A 301 Avenida Comercial de Macau, Macau. New Policy Application Monday Friday 8:45 a.m. 6:00 p.m. (open through lunch) Saturday 9:30 a.m. 5:30 p.m. (open through lunch) Sunday and Public Holidays closed Monday - Friday 8:45 a.m. 6:00 p.m. Saturday 9:30 a.m. 5:30 p.m. Sunday and Public Holidays 9:30 a.m. 1:30 p.m. Monday Saturday (By appointment) 8:45 a.m. 5:15 p.m. (open through lunch) Sunday and Public Holidays closed Customer Services Monday Friday 8:45 a.m. 6:00 p.m. (open through lunch) Saturday, Sunday and Public Holidays closed Not Applicable Monday Friday 8:45 a.m. 5:15 p.m. (open through lunch) Saturday, Sunday and Public Holidays closed For further enquiries, please contact your financial planner, call the AIA Customer Hotline at (852) (Hong Kong) / (853) (Macau) or visit any AIA Wealth Select Centre. aia.com.hk PTA

15

16