Bonus Power Vantage Offer
Customers successfully apply between now and 30th September, 2024:
- 5 year / 10 year premium payment term – Enjoy up to 25%# premium refund*
- One-time premium payment – Enjoy up to 7% premium discount *
*Terms and conditions apply. Please download and refer to the promotion leaflet for details.
#Successfully apply between now and 30th September, 2024 to enjoy up to extra 3% premium refund^ (if same policyholder successfully applies for Specified Insurance Plan## during the promotion period and the Specified Insurance Plan## policy is issued on or before 30th November, 2024.)
^The Extra Offer will only be applicable to the Bonus Power Vantage policy and will not apply to the Specified Insurance Plan## policy.
##Specified Insurance Plan refers to:
- On Your Side Plan▼ series (includes On Your Side Plan, On Your Side Plan – First Gift and On Your Side Plan (with AIA Vitality))
▼Can only be purchased through The Bank of East Asia, Limited (“BEA”) as a basic plan.
Plan Highlights
- 5-year or 10-year premium payment term for greater financial flexibility
We will declare non-guaranteed Reversionary Bonus and a non-guaranteed Terminal Bonus. Your policy values comprise the following:
i. guaranteed cash value; plus
ii. non-guaranteed cash value of the Reversionary Bonus; plus
iii. non-guaranteed cash value of the Terminal Bonus; plus
iv. any remaining balance of the Bonus Lock-in Account (if applicable). -
One-time premium term for peace of mind
We will declare a non-guaranteed Terminal Bonus. Your policy values comprise the following:
i. guaranteed cash value; plus
ii. non-guaranteed cash value of the Terminal Bonus; plus
iii. any remaining balance of the Bonus Lock-in Account (if applicable). -
Realise potential returns with bonus lock-in option
Bonus Power Vantage helps you realise potential returns with the Bonus Lock-in Option. You can transfer the Reversionary Bonus (if applicable) and Terminal Bonus into a Bonus Lock-in Account to earn interest. You can also withdraw cash from the Bonus Lock-in Account anytime to meet your needs throughout various life stages without reducing the principal amount of your policy.
For the product details, please click here.
Notes:
- “We”, “our”, or “us” herein refers to AIA International Limited (Incorporated in Bermuda with limited liability) ("AIA").
- The product information in this material 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 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.
- 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.
Important Notes:
- The Bank of East Asia, Limited (“BEA”), being registered with the Insurance Authority as a licensed insurance agency, act as an appointed licensed insurance agent for AIA International Limited (Incorporated in Bermuda with limited liability) (AIA). This insurance plan is a product of AIA but not BEA.
- This insurance plan is underwritten by AIA and it is not a bank savings plan with free life insurance coverage. The premium paid is not a placement of a savings deposit with the bank and hence is not protected by the Deposit Protection Scheme in Hong Kong. Bonus Power Vantage is the insurance plan with a savings element. Part of the premium pays for the insurance and related costs. If you are not happy with your policy, you have a right to cancel it within the cooling-off period and obtain a refund of any premiums and levy paid. A written notice signed by you should be received by the Customer Service Centre of AIA International Limited at 12/F, AIA Tower, 183 Electric Road, North Point, Hong Kong within the cooling-off period (that is, 21 calendar days immediately following either the day of delivery of the policy or cooling-off notice (informing you / your nominated representative about the availability of the policy and expiry date of the cooling-off period, whichever is earlier).After the expiration of the cooling-off period, if you cancel the policy before the end of the term, the projected total cash value may be substantially less than the total premium you have paid.
- In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between BEA and the customer out of the selling process or processing of the related transaction, BEA is required to enter into a Financial Dispute Resolution Scheme process with the customer.
- For the benefits and returns mentioned throughout this material, please note that the policy owner is subject to the credit risk of AIA. If the policy owner discontinues and/or surrenders this policy in early policy years, the amount of benefits he/she will get back may be considerably less than the total premiums he/she has paid. Projected and/or potential benefits and/or returns (e.g. reversionary bonus (if applicable), terminal bonus ) presented in this material are not guaranteed and are for illustrative purposes only. The actual future amounts of benefits and/or returns may be lower than or higher than the currently quoted benefits and/or returns.
