FutureEnrich is a life insurance plan ("The Plan") and is not a bank deposit. It is underwritten by Hang Seng Insurance Company Limited("Hang Seng Insurance").
Designed to accommodate payment flexibility with multiple premium options, The Plan helps you accumulate wealth by delivering guaranteed returns. It pays out a Guaranteed Monthly Income that increases annually as well as a lump-sum non-guaranteed Terminal Dividend, enabling you to plan for your future.
Remark: Please refer to the product leaflet for detailed terms and conditions and exclusions. And please refer to the Notes on Participating Policy for details of dividend philosophy, investment strategy and historical fulfilment ratio of dividend distribution.
The FutureEnrich Life Insurance Plan is underwritten by Hang Seng Insurance Company Limited, which is authorised and regulated by the Insurance Authority of the HKSAR. Hang Seng Bank is an insurance agent authorised by Hang Seng Insurance Company Limited and the product is a product of Hang Seng Insurance Company Limited, not Hang Seng Bank.
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 products should be resolved between Hang Seng Insurance Company Limited and you directly.
The above information is intended as a general summary of information only. Please refer to the actual policy for the exact terms, conditions and exclusions of the Plan.
You understand that this Plan is underwritten by Hang Seng Insurance Company Limited. You are required to pay premium to Hang Seng Insurance Company Limited for your application for this Plan. The premium includes various fees and charges such as the insurance cost (e.g. cost of the death benefit, which is determined and formulated according to the mortality rate, which in turn is affected by the sex and age of the Life Insured) and policy administration charges, etc. You also understand that Hang Seng Insurance Company Limited will pay commission and sales incentives to “Hang Seng Bank” for marketing this Plan. The current remuneration system that “Hang Seng Bank” adopts is a measurement of the staff’s overall performance rather than a focus on sales production only.