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^* “124% average terminal dividend fulfilment ratio” refers to the average of the terminal dividend fulfilment ratios across Hang Seng Insurance participating insurance products for the 2025 reporting year (with all policy currencies of the relevant insurance products taken into account). This average is calculated based on all terminal dividend fulfilment ratios required to be disclosed for the 2025 reporting year, of which the 91 applicable terminal dividend fulfilment ratios are all 100% or above. These average fulfilment ratio, historical fulfilment ratio information and performance are for reference only and do not constitute an indicator of the future performance of participating products. For details and the latest fulfilment ratio information, please visit  https://www.hangseng.com/en-hk/hangseng-insurance/fulfilment-ratio/.

^* “124% average terminal dividend fulfilment ratio” refers to the average of the terminal dividend fulfilment ratios across Hang Seng Insurance participating insurance products for the 2025 reporting year (with all policy currencies of the relevant insurance products taken into account). This average is calculated based on all terminal dividend fulfilment ratios required to be disclosed for the 2025 reporting year, of which the 91 applicable terminal dividend fulfilment ratios are all 100% or above. These average fulfilment ratio, historical fulfilment ratio information and performance are for reference only and do not constitute an indicator of the future performance of participating products， please visit Hang Seng Bank website >"Personal" > "Insurance & MPF" >"Other information">"Fulfillment Ratio".​

1. In respect of any application for exercising the Currency Switch Option, the Company shall have the absolute right and discretion to: (i) determine whether to accept any application for exercising the Currency Switch Option; and (ii) impose any requirements and conditions for any such acceptance; and subject to applicable laws and regulations, the currency will not be available for selection if it is demonetized by the issuance country or region at the time of the Currency Switch Option is applied. A written notice with the revised Policy Schedule and illustration showing the Converted Currency as the Policy Currency will be issued to the Policyholder upon the Company's determination that any Currency Switch Option has taken effect.
2. In respect of any application for exercising the Policy Split Option, the Company shall have the absolute right and discretion to: (i) determine whether to accept any application for exercising the Policy Split Option; and (ii) impose any requirements and conditions for any such acceptance. You may apply for change of ownership, Currency Switch Option or Change of Life Insured of Split Policies when applying for Policy Split Option, subject to the terms in policy provisions. All Supplementary Benefit(s) attached to the Basic Plan, if still in-force, will be transferred to the Split Policies. Exercising the Policy Split Option may affect the coverage under the Supplementary Benefit(s) and please refer to the provisions of the Supplementary Benefit(s). A written notice will be issued to the existing Policyholder and the Policyholders of the Split Policies, revised Policy Schedules, policy provision, the Supplementary Benefit provisions (if any), any Policy Endorsements and illustration of Split Policies will also be issued to the Policyholders of the Split Policies. Any existing selected Death Benefit Settlement Option, any existing designation of Beneficiary(ies), Contingent Owner, Interim Policyholder, Contingent Insured, Regular Withdrawal Recipient and Family Mental Care Benefit Recipient, and Designated Percentage of Family Mental Care Benefit of the Policy will not be carried over to the Split Policies automatically.
3. Any Regular Withdrawal Option request is subject to the following two requirements: (i) a minimum amount of reduction of Policy Amount per transaction; and (ii) a minimum amount of the Policy Amount after such transaction, both the minimum amount requirements are determined by the Company from time to time at our absolute discretion. You may designate or change the Regular Withdrawal Recipient by giving us a written request in our specified form prescribed by us. The exercise of the Regular Withdrawal Option and the designation or change of the Regular Withdrawal Recipient can only be made while the Policyholder, Regular Withdrawal Recipient and the Life Insured are alive. A written notice with the revised Policy Schedule will be issued to the Policyholder upon the Regular Withdrawal Option has taken effect. Upon receiving the request to exercise the Policy Split Option, Policy Value Management Option, or partial surrender, or upon the change of ownership of the Policy, exercise of the Regular Withdrawal Option instruction of the Policy will be suspended and the existing designation of Regular Withdrawal Recipient on our record will be automatically revoked. You have to submit to us a new written request for exercising the Regular Withdrawal Option after transfer of ownership, Policy Split Option, Policy Value Management Option or partial surrender has taken effect.
4. Monthly Income may be payable on every Monthiversary starting from the 25th Monthiversary until the Benefit Cessation Date of the Basic Plan, provided that the Policy is in force and all premiums due up to such Monthiversary have been fully paid. The amount of Monthly Income is non-guaranteed, non-fixed and will be determined by us on each Monthiversary at our absolute discretion. The projected non-guaranteed Monthly Income Rate (p.a.) at each respective Policy Year is calculated as projected non-guaranteed Monthly Income payout in the respective Policy Year divided by Total Standard Premium, where Total Standard Premium refers to Initial Single Premium or premium amount in annual payment mode times the number of completed Policy Year(s) (i.e. up to the date preceding each respective Policy Year and subject to premium payment term). This applies regardless of payment mode, is in annual or monthly mode and is based on the company's dividend scales determined under current assumed investment return, it may also vary depending on factors such as the premium payment period, policy currency, and the Monthly Income option. The projected non-guaranteed Monthly Income rate is also non-guaranteed; the trend of the actual non-guaranteed Monthly Income rate may remain flat, decrease, or fluctuate. Monthly Income will be proportionately reduced in case the Policy has been partially surrendered or upon payment of the Mental Incapacity Benefit Plus. Under certain circumstances, the non-guaranteed benefits may be zero.
5. The Medical Advance Benefit takes effect after (i) the Payment Cessation Date, or (ii) the 2nd Policy Anniversary, or (iii) one year after the effective date of last reinstatement pursuant, or (iv) one year after the effective date of last Change of Life Insured pursuant (whichever is the latest). While the Medical Advance Benefit is still in force and before the Life Insured attains 90 years of Insurance Age, if the Life Insured is (i) first diagnosed by a Registered Doctor as suffering from Cancer, Heart Attack or Stroke; or (ii) is admitted to Hospital for a Confinement of 25 or more consecutive Days due to a Bodily Injury, Sickness, Disease or Illness, where such confinement is certified by a Registered Doctor to be Medically Necessary (whichever is earlier), upon receipt of acceptable proof and where approved by Hang Seng Insurance, we shall pay the Medical Advance Benefit. The Medical Advance Benefit will be paid in one lump sum amount in cash which equals to the sum of Monthly Income projected for the Advance Benefit Period as at the date of claim approval of Medical Advance Benefit. Any Indebtedness shall be deducted from the Medical Advance Benefit payable at the time of payment. Upon payment of the Medical Advance Benefit, Monthly Income will then be suspended during the Advance Benefit Period and will become payable again after the end of the Advance Benefit Period unless this is the Benefit Cessation Date of the Basic Plan. The Medical Advance Benefit is only payable once while this Policy is in force and provided that the Life Insured is alive as at the date of claim approval of Medical Advance Benefit. In the event a Specified Event for Deduction occurs during the Deduction Period for Medical Advance Benefit Paid, the Deduction Portion of Medical Advance Benefit Paid will be deducted from any benefit payable under the Basic Plan or any Supplementary Benefit. In the event that the Policy is cancelled or lapsed, we reserve the right to claim the Deduction Portion of Medical Advance Benefit Paid from you. No adjustment on the payment of Medical Advance Benefit will be made if the amount of Monthly Income within Advance Benefit Period changes subsequent to the date of claim approval of Medical Advance Benefit. Please refer to the policy provisions for the definitions and other details of Medical Advance Benefit.
6. Our acceptance of any Change of Life Insured request will be entirely at our absolute discretion and shall be subject to satisfactory proof of the insurability of the new Life Insured, the Policyholder having adequate insurable interest in the new Life Insured and any other requirements as determined by us from time to time. The Company will issue a Policy Endorsement and a revised Policy Schedule to effect the Change of Life Insured. Upon Change of Life Insured, we may adjust the Total Premiums Paid, Policy Amount, Guaranteed Cash Value, Special Dividend (if any) and Death Benefit at our absolute discretion. Terms and conditions apply.

^# Source: HSBC Holdings plc - HSBC Life HNW Legacy Planning Report, survey results from 908 high net worth individuals.

Disclaimer
Source: 10Life Insurance Comparison Platform. FamilyPower Multi-Currency Life Insurance Plan 2 has achieved Savings (Golden 10 Years) in 10Life 5-Star Insurance Award 2026 (As of 2 January 2026). For details, please visit www.10life.com .

www.10life.com and 10Life APP as of 2 January 2026. For the rating evaluation method and assumptions used, please refer to its website. The score information is for reference only, it should not be considered and constitute as any endorsement or recommendations of any website or platform by us, or any recommendation, solicitation or purchase invitation of any products or services.

Disclosure of Information
The above information is a product summary of information for reference only. The Plan is intended only for sale in the Hong Kong SAR. It shall not be construed as an offer to sell or solicitation of an offer or recommendation to purchase or sale or provision of any products of Hang Seng Insurance. Please refer to the promotion leaflets/flyers and contracts for the important information such as detailed coverage, exact Terms and Conditions and exclusions of the relevant Life Insurance Plan and the policy provisions prevail. Please be aware of the relevant product risks, including exchange rate and credit risks. For further details, please refer to the product brochure.

The above insurance plan is underwritten by Hang Seng Insurance. Hang Seng Insurance is authorised and regulated by the Insurance Authority in Hong Kong. Hang Seng Bank Limited ("Hang Seng Bank") is registered as an insurance agency by the Insurance Authority and authorised by Hang Seng Insurance for distribution of this plan. This plan is a product of Hang Seng Insurance but not Hang Seng Bank, and is not equivalent or similar to any kind of bank deposit. Upon application for this plan, insurance premium will be payable to Hang Seng Insurance, and Hang Seng Insurance will provide Hang Seng Bank with commission and performance bonus as remuneration for distribution of this plan. The existing staff remuneration policy on sales offered by Hang Seng Bank takes into account various aspects of the staff performance instead of focusing solely on the sales amount.

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 Hang Seng Bank and you out of the selling process or processing of the related insurance product transaction, Hang Seng Bank will enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the insurance product should be resolved between Hang Seng Insurance and you directly. If you surrender the policy after the expiry of the cooling-off period, the surrender proceeds to be received may be significantly less than the Total Premiums Paid. Please refer to the illustration summary of this plan for the projected surrender values.

Note: The benefits and/or returns mentioned throughout this material are not guaranteed and for illustrative purpose only. The actual future amounts of benefits and/or returns may be lower than or higher than the currently quoted benefits and/or returns. The policyholder is subject to the credit risk of Hang Seng Insurance. If the policyholder discontinues and/or surrenders this policy in early policy years, the amount of benefits you will get back may be considerably less than the total premiums you have paid. All details regarding policy surrender should be referred to the relevant policy provisions.