AXA Hong Kong and Macau introduce the new WealthAhead Savings Plan, featuring an ultra-short premium payment term of two years, supporting customers in accelerating their wealth accumulation and establishing long-term savings. In the 20th policy year, the projected total cash value exceeds 315% of total premiums paid, which is equivalent to a projected total internal rate of return of 6.06% per annum. Customers who pay two years of premiums in a single lump sum can enjoy a 6.8%p.a. guaranteed preferential interest rate on the prepaid premiums for the first year, thus assisting customers in achieving their financial goals more easily. The plan is a limited offer.
Janet Lee, chief life and health insurance officer of AXA Hong Kong and Macau said, “As the world enters a phase of rate cut, high-interest deposit options are becoming increasingly rare, individuals are seeking other investment tools with higher returns. In response, we are pleased to introduce the ‘WealthAhead Savings Plan’. This plan offers an ultra-short premium payment term of two years and diverse financial planning options to suit a range of needs. With highly competitive medium to long-term total returns, it can help customers accelerate wealth accumulation while allowing flexible wealth legacy planning, meeting financial goals at different life stages.”
The four key highlights of the plan include:
1. Ultra-short premium payment term of 2 years with attractive potential returns
2. Capture gains without setting an aggregate limit on the lock-in rate
3. Divide the policy into multiple separate policies for added flexibility
4. Comprehensive legacy scheme enabling generational wealth transfer
The plan also offers a range of features to support customers in legacy planning and wealth preservation for future generations, including the “Change of Insured Option,” the “Designation of Contingent Owner,” and the “Flexi Continuation Option”.
Additionally, the plan offers the market-rare “Superior Death Benefit Option”, which provides a death benefit of at least 130% of the total standard premiums paid (with no additional premium required) and the “Regular Death Benefit Option”. The death benefit will be paid in the unfortunate event of the insured’s passing.
