Saving InsuraNce
SunJoy Global Insurance Plan II ：Wealth protection and accumulation
SunJoy Global Insurance Plan II is a participating insurance plan designed for individuals seeking a balance between stability and potential for substantial long-term growth. This plan offers you the flexibility to make withdrawals, allowing you to adapt to changing financial needs.
Long-term savings and growth potential：Enjoy Guaranteed Cash Value and non-guaranteed bonuses
SunJoy Global Insurance Plan II helps you build your wealth steadily through Guaranteed Cash Value. The eversionary Bonus and Terminal Bonus, which form the non-guaranteed portion, offer the potential for attractive long-term growth.
The Guaranteed Cash Value grows steadily from the policy inception and continues to grow until the end of 120th policy year, staying the same thereafter. For Reversionary Bonus, cash value of the bonus is equivalent to its face value once declared. The Reversionary Bonus and Terminal Bonus may vary, mainly due to underlying investment returns.
Currency change between six policy currencies
Freely change your policy currency and accumulate wealth in United States Dollar (USD), Canadian Dollar (CAD), British Pound Sterling (GBP), Renminbi (RMB), Australian Dollar (AUD) or Hong Kong Dollar (HKD)
Whether you are preparing an overseas education fund or planning to retire abroad, you can apply to change the policy currency between USD, CAD, GBP, RMB, AUD or HKD through the Currency Change Option.
You may apply to exercise the Currency Change Option once per policy year, starting from the third policy anniversary. All applications will be subject to our approval at its sole and absolute discretion, and fulfillment of conditions stated in the Policy Document.
Once your request is approved, it cannot be withdrawn or changed.
Premium relief features
Ease your financial burdens during challenging periods by deferring or waiving future premiums if mishap happens
To protect you in case life takes an unexpected turn, SunJoy Global Insurance Plan II offers a Premium Holiday Option as well as premium waiver benefits. These are available for 5-Pay policies only.
Premium Holiday Option
On or after the second policy anniversary, as long as your policy does not have any outstanding loan, you can apply to suspend premium payment (“Premium Holiday”) for one year while the policy is in force. The Premium Holiday will start right away on the premium due date immediately following our approval. Meanwhile, your policy will remain in force during the Premium Holiday.
It can be taken for a maximum of two years consecutively or separately. On each separate selection, the Premium Holiday will run in one full year.
Waiver of Premium Benefit
We will waive future premiums if the insured, who is also the policy owner, is diagnosed as suffering from Total Permanent Disability due to Injury or Sickness before age 70.
Payor Benefit
We will waive future premiums if the policy owner, who is not the insured, passes away or is diagnosed as suffering from Total Permanent Disability before age 70 due to Injury or Sickness.
Incapacity safety net
Appoint a family member to file a claim for you in case you are unable to do so
Through the Incapacity Benefit, you can appoint a family member as the Incapacity Benefit Recipient so he or she can file a claim if you are diagnosed as a Mentally Incapacitated Person or with Coma, Major Head Trauma or Paralysis. That way, your family can quickly make a claim against your policy in the event of an emergency.
Access your withdrawals overseas
Easily transfer to overseas bank accounts with the Overseas Transfer Service
To add convenience to fulfill your financial plans, we have the flexible Overseas Transfer Service which enables you to transfer your policy withdrawals to your own overseas bank account. We will waive the bank charges of such remittance once per year.
Extra support in case of an accident
Protecting you against accident with a boost in benefit amount with Accidental Caring Plus Benefit
Accidental Caring Plus Benefit
To help you adjust after a life-changing accident, the first-in-market Accidental Caring Plus Benefit will pay up to 1,000% of the Notional Amount of the basic plan (which is equivalent to total annual premiums) if a doctor diagnoses the insured as suffering from Loss of Independent Existence due to an Accident.
What does Loss of Independent Existence mean?
It means due to Accident causing an Injury, a diagnosis of the total / complete inability to perform at least three Activities of Daily Living even with the aid of special equipment, requiring the physical assistance of another person throughout the entire Activities of Daily Living for a continuous period of at least six months.
Lock-in your policy values
Enjoy greater certainty over potential gains
Your policy has a Value Lock-in Account. By exercising the Value Lock-in Option, you can apply to transfer a portion of the value of your policy into your Value Lock-in Account and accumulate at a non-guaranteed interest rate we determine from time to time for greater certainty. Each time you exercise this option, you can choose a Lock-in Percentage of 10%-50% of the value of your policy.
