SAVING PLAN
WealthUltra Saving Plan
Boost your wealth with long-term total returns. Wealth Ultra Saving Plan; Doubling projected total cash value every 10 years for wealth accumulation.
“Wealth Ultra” is a participating life insurance plan with an 8-year pre-set premium payment term. Apart from guaranteed cash value, “Wealth Ultra” offers two types of non-guaranteed bonuses, the reversionary bonus and terminal bonus. Upon completion of the pre-set premium payment term, total cash value is projected to be doubled every 10 years on average. Starting from the 100th policy year, the total internal rate of return for each policy year would exceed 7%, offering promising growth potential for customers and their future generations.
With the extended benefits of Accidental Death Benefit, Extended Grace Period Option and Premium Holiday Option, you will always be supported under different unexpected circumstances, allowing you and your loved ones to sit back and enjoy life at ease.
- Accidental Death Benefit
Up to 200% of Total Premiums Paid for accidental death benefit, helping your loved ones overcome the sudden hardship.
- Extended Grace Period Option
In case of any urgencies related to financial difficulties, you may apply to extend the grace period of the premium payment from 30 days to 180 days for settling your pressing financial needs, without worrying about losing protection from your Plan.
- Premium Holiday Option
Press a pause button and stop paying the premium for up to 2 years, providing you flexibility in financial planning. During the premium holiday, you will still be protected under the plan and all cash value will remain the same as the date before the premium holiday.
As a comprehensive savings plan, the unique flexi continuation option of “Wealth Ultra” ensures the client’s wealth will be passed on, while at the same time offers life protection. Policy owners can designate a contingent insured and assign a percentage of the policy value. In the unfortunate event of the insured’s death, the designated contingent insured will become the new insured, and the pre-assigned portion of the policy value will be passed on accordingly. A compassionate benefit will be payable to the designated beneficiaries for immediate financial support, relieving loved ones from short-term financial pressure. “Wealth Ultra” also allows unlimited changing of the insured of the policy. The benefit period will be changed to age 138 of the latest insured, to enable the wealth to be shared with the future generations.
