Successfully apply to enjoy first-year premium discount.
MaxiPlus Annuity Life Insurance Plan is a life insurance plan and is not a bank deposit. It is underwritten by Hang Seng Insurance Company Limited. You can choose an accumulation period as short as 1 year with 3-year payment terms for up to 30 years Annuity Period which can help you to plan your retirement life easily.
During the Annuity Period, MaxiPlus Annuity Life Insurance Plan (“MaxiPlus”) will provide Monthly Guaranteed Annuity Income, which grows by 5% per annum.
In addition, an Annual Guaranteed Bonus which is equivalent to the prevailing Monthly Guaranteed Annuity Income will be payable at the end of each Policy Year after the commencement of Annuity Period.
A Special Guaranteed Bonus which is equivalent to 5 times of the prevailing Monthly Guaranteed Annuity Income will be payable at the end of every 10 completed Policy Years from and after the commencement of Annuity Period.
You may choose to receive Annuity Income in cash or to retain it in the Policy for accumulating interest, and reaping potential upside returns over a period of time.
In the event of policy termination, MaxiPlus will pay a lump-sum non-guaranteed Terminal Dividend to you or the Beneficiary(ies), bolstering your potential returns.
If the Life Insured passes away while the policy is in force, the Beneficiary(ies) will receive a Death Benefit which helps relieve the financial burden.
The Beneficiary(ies) may receive the Death Benefit in a lump-sum payment, after which the policy will be terminated. Alternatively, if the Life Insured passes away during the Annuity Period and all premiums have been paid up, the Policyholder may opt to have the Beneficiary(ies) continue receiving the remaining Annuity Income until the end of the Policy.
Free supplementary benefits, including: Accidental Death Benefit, Accelerated Death Benefit and Unemployment Benefit (not applicable to Aggregate Premium Policy)
As long as you are eligible for applying MaxiPlus, you will not be required to undergo medical examination regardless of your underwriting history, occupation, health and financial status. Acceptance is guaranteed.
Remark(s): Please refer to the product brochure 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.
You can find all the forms and documents here for our insurance products.