Well Save 3-Year Endowment Pro

Well Link Life's Well Save 3-Year Endowment Pro (the 'Plan') provides guaranteed cash values and protections on terminal illness, accident, and death and accidental death. You can enjoy a guaranteed return up to 3.07% p.a. in 3 years.

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Limited Offer
Customers can enjoy Extra Bonus Limited Offer for successful application of Well Save 3-Year Endowment Pro and reach designated premium during promotion period.
Accumulate Wealth in flexible manner with no charges. Guaranteed return up to 3.07% per annum

The Plan provides you with choices of policy currency in Hong Kong Dollar, Renminbi and US Dollar. You just need to pay a single premium and will receive a guaranteed cash value at the maturity date in the 3rd year. The return of the guaranteed cash value is up to 2.52% per annum (applicable to HKD-denominated policies), 3.07% per annum (applicable to RMB-denominated policies) and 2.62% per annum (applicable to USD-denominated policies). Whenever you need, you can fully withdraw your fund and guaranteed return without incurring any charges.

Annual Guaranteed Rate of Return *

HKD Policy

Return rate of 1st year:2.00%

Return rate of 2nd year:2.00%

Return rate of 3rd year:3.57%

Average Annual Guaranteed Rate of Return at Maturity: 2.52%


RMB Policy

Return rate of 1st year:2.25%

Return rate of 2nd year:2.25%

Return rate of 3rd year:4.73%

Average Annual Guaranteed Rate of Return at Maturity: 3.07%


USD Policy

Return rate of 1st year:2.10%

Return rate of 2nd year:2.10%

Return rate of 3rd year:3.67%

Average Annual Guaranteed Rate of Return at Maturity: 2.62%


The Plan provides you with choices of policy currency in Hong Kong Dollar, Renminbi and US Dollar. You just need to pay a single premium and will receive a guaranteed cash value at the maturity date in the 3rd year. The return of the guaranteed cash value is up to 2.52% per annum (applicable to HKD-denominated policies), 3.07% per annum (applicable to RMB-denominated policies) and 2.62% per annum (applicable to USD-denominated policies). Whenever you need, you can fully withdraw your fund and guaranteed return without incurring any charges.

Annual Guaranteed Rate of Return *

HKD Policy

Return rate of 1st year:2.00%

Return rate of 2nd year:2.00%

Return rate of 3rd year:3.57%

Average Annual Guaranteed Rate of Return at Maturity: 2.52%


RMB Policy

Return rate of 1st year:2.25%

Return rate of 2nd year:2.25%

Return rate of 3rd year:4.73%

Average Annual Guaranteed Rate of Return at Maturity: 3.07%


USD Policy

Return rate of 1st year:2.10%

Return rate of 2nd year:2.10%

Return rate of 3rd year:3.67%

Average Annual Guaranteed Rate of Return at Maturity: 2.62%


Options available for maturity benefit settlement to meet your financial need

You will receive a guaranteed cash value at the maturity date in the 3rd year. To help you achieve different financial goals, you can choose to receive the maturity benefit value in a lump sum or by annual annuity payments for 5 years.

You will receive a guaranteed cash value at the maturity date in the 3rd year. To help you achieve different financial goals, you can choose to receive the maturity benefit value in a lump sum or by annual annuity payments for 5 years.

Terminal Illness Protection

If the life insured is diagnosed with a terminal illness1, a terminal Illness benefit equivalent to 105% of total premiums paid 2 or the guaranteed cash value at time of diagnosis (whichever is higher) to support you through the tough times.

If the life insured is diagnosed with a terminal illness1, a terminal Illness benefit equivalent to 105% of total premiums paid 2 or the guaranteed cash value at time of diagnosis (whichever is higher) to support you through the tough times.

Accidental total and permanent disability benefit

If the life insured unfortunately suffer from total and permanent disability3 as a result of an accident on or before 65th birthday, an accidental total and permanent disability benefit equivalent to 135% of total premiums paid 4 or the guaranteed cash value at time of accident (whichever is higher).

3. Total and permanent disability means that after one hundred and eighty-three (183) days from the date of Accident of continuous total disability which has resulted from the Injury, the life insured is completely unable to engage in any gainful employment, occupation or profession or to obtain any wages, compensation or profit for the remainder of his life.

4. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 135% total premiums paid of all policies under the Endowment Plan Series, for each life insured should not exceed 100% of total premiums paid under such plans that provide accidental total and permanent disability benefit as at the time of accident plus HKD500,000 / RMB500,000 / USD62,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

If the life insured unfortunately suffer from total and permanent disability3 as a result of an accident on or before 65th birthday, an accidental total and permanent disability benefit equivalent to 135% of total premiums paid 4 or the guaranteed cash value at time of accident (whichever is higher).

3. Total and permanent disability means that after one hundred and eighty-three (183) days from the date of Accident of continuous total disability which has resulted from the Injury, the life insured is completely unable to engage in any gainful employment, occupation or profession or to obtain any wages, compensation or profit for the remainder of his life.

4. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 135% total premiums paid of all policies under the Endowment Plan Series, for each life insured should not exceed 100% of total premiums paid under such plans that provide accidental total and permanent disability benefit as at the time of accident plus HKD500,000 / RMB500,000 / USD62,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

Extra protection for your loved ones

In the unfortunate event of the life insured’s passing, the beneficiary(ies) will receive a death benefit equivalent to 105% total premiums paid5 or the guaranteed cash value at the time of the life insured’s death (whichever is higher).

5. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 105% total premiums paid of all policies under the Endowment Plan Series for each life insured should not exceed 100% of total premiums paid as at the date of life insured’s death plus HKD100,000 / RMB100,000 / USD12,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

In the unfortunate event of the life insured’s passing, the beneficiary(ies) will receive a death benefit equivalent to 105% total premiums paid5 or the guaranteed cash value at the time of the life insured’s death (whichever is higher).

5. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 105% total premiums paid of all policies under the Endowment Plan Series for each life insured should not exceed 100% of total premiums paid as at the date of life insured’s death plus HKD100,000 / RMB100,000 / USD12,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

Additional accidental protection

If the life insured unfortunately passes away as a result of an accident while the policy is in force, the beneficiary(ies) will receive an additional accidental death benefit equivalent to 30% of total premiums paid6 at the time of the accident to support the family to get through the difficult time.

6. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 30% total premiums paid of all policies under the Endowment Plan Series that provide accidental death benefit for each life insured should not exceed HKD500,000 / RMB500,000 / USD62,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

If the life insured unfortunately passes away as a result of an accident while the policy is in force, the beneficiary(ies) will receive an additional accidental death benefit equivalent to 30% of total premiums paid6 at the time of the accident to support the family to get through the difficult time.

6. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 30% total premiums paid of all policies under the Endowment Plan Series that provide accidental death benefit for each life insured should not exceed HKD500,000 / RMB500,000 / USD62,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

Hassle-free application without medical examination
You can kick start your saving plan right after the completion of the simple assessment process with no medical examination and health declaration required.
You can kick start your saving plan right after the completion of the simple assessment process with no medical examination and health declaration required.

Well Save 3-Year Endowment Pro

Product Type

Basic Plan

Issue Age (on last birthday)

Age 18 to Age 70

Premium Payment Term

Single premium

Benefit Term

3 Years

Policy Currency

HKD / RMB / USD

Minimum Single Premium Amount

HKD60,000 / RMB60,000 / USD7,500

Maximum Single Premium Amount

HKD3,600,000 / RMB3,600,000 / USD450,000

Premium Payment Mode

Single

Terminal Illness Benefit^

Equivalent to 105% of total premiums paid 1 or the guaranteed cash value at time of diagnosis with terminal illness (whichever is higher) less any indebtedness

Accidental Total and Permanent Disability Benefit*

Equivalent to 135% of total premiums paid 2 or the guaranteed cash value at time of accident (whichever is higher) less any indebtedness

Death Benefit

Equivalent to 105% of total premiums paid 3 or the guaranteed cash value at date of life insured's death (whichever is higher) less any indebtedness

Accidental Death Benefit

If the life insured dies as a result of an accident, an extra accidental death benefit will be paid, which is equivalent to 30% of total premiums paid 4 at the time of the accident less any indebtedness

Surrender Benefit / Maturity Benefit

Guaranteed cash value at time of surrender or on maturity date less any indebtedness

Settlement option for Maturity Benefit

Policyowner can choose to receive maturity benefit in a lump sum or by annual annuity payments5 for 5 years

^. Terminal illness means the conclusive diagnosis of an illness that is expected to result in the death of the Life Insured within twelve (12) months. The policy will be terminated upon payment of terminal illness.

1. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 105% total premiums paid of all policies under the Endowment Plan Series, for each life insured should not exceed 100% of total premiums paid under such plans that provide terminal illness benefit as at the time of diagnosis with terminal illness of life insured plus HKD100,000 / RMB100,000 / USD12,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

*. Total and permanent disability means that after one hundred and eighty-three (183) days from the date of Accident of continuous total disability which has resulted from the Injury, the life insured is completely unable to engage in any gainful employment, occupation or profession or to obtain any wages, compensation or profit for the remainder of his life. The policy will be terminated upon payment of accidental total and permanent disability benefit.

2. Accidental total and permanent disability benefit is only payable on or before life insured’s 65th birthday. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 135% total premiums paid of all policies under the Endowment Plan Series, for each life insured should not exceed 100% of total premiums paid under such plans that provide accidental total and permanent disability benefit as at the time of accident plus HKD500,000 / RMB500,000 / USD62,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

3. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 105% total premiums paid of all policies under the Endowment Plan Series for each life insured should not exceed 100% of total premiums paid as at the date of life insured’s death plus HKD100,000 / RMB100,000 / USD12,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

4. If life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series (Please click here for the product list.), the total amount of 30% total premiums paid of all policies under the Endowment Plan Series that provide accidental death benefit for each life insured should not exceed HKD500,000 / RMB500,000 / USD62,500 (or the higher thereof in case of a combination of HKD-, RMB- and USD-denominated policies).

5. Annuitization rate is not guaranteed and shall be determined by the Company in its absolute discretion at the time of maturity of this Policy. Once the annuitization rate is determined at the time of maturity, it becomes guaranteed.

Limited Offer
Customers can enjoy Extra Bonus Limited Offer for successful application of Well Save 3-Year Endowment Pro and reach designated premium during promotion period.

Note:

1. This plan is underwritten by Well Link Life Insurance Company Limited.

2. The above content contains general information for reference only. It is not part of the policy and does not contain the full policy's terms. Please refer to the policy documents for the full terms and conditions of this plan as well as the complete definitions of the capitalized terms. You should read this information alongside the brochure and other relevant materials which cover additional information about this product, including but not limited to benefit illustration (if any), other marketing materials, policy provision and other policy documents, which are available upon request. You may seek independent professional advice if necessary.

No accidental benefits shall be payable under this policy if the life insured's death or injury is caused directly or indirectly, wholly or partly, by any one or more of the following:

  1. Any pre-existing condition;
  2. Taking of drugs other than under the prescription or direction of a physician, abuse of alcohol or the taking of poison;
  3. Any kind of sickness or disease, or bacterial or viral infection except bacteria infection resulting from an accidental cut or wound;
  4. Disease of or infection with any Human Immunodeficiency Virus (HIV) and/or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) and/or mutations, derivation or variations thereof;
  5. Nuclear fission, nuclear fusion, ionizing radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuels or nuclear weapons material;
  6. War or hostilities (whether war be declared or not), civil commotion rebellion, revolution, riot, strikes, terrorist or warlike activities;
  7. Participation in any armed force or peace keeping activities;
  8. An act of any person acting on their own or on behalf of or in connection with any group or organization to influence by force, any group, corporation or government by terrorism, murder or attempted murder, kidnapping or attempted kidnapping, attack, assault or any other violent means;
  9. Suicide or an intentional self-inflicted act while sane or insane;
  10. Violation or attempted violation of the law or resistance to arrest or participation in any brawl or affray;
  11. Cosmetic or plastic surgery, or any elective surgery or congenital anomalies, apart from reconstructive surgery required by Injury caused by an Accident;
  12. Childbirth, miscarriage, abortion, pregnancy and any complications thereof, notwithstanding that such event may have been accelerated or induced by Injury; or
  13. Professional sports, racing of any kind, underwater activities involving the use of breathing apparatus, aerial flights (including bungeejumping, hang-gliding, ballooning, parachuting and sky-diving) other than a crew member or as a fare-paying passenger on a licensed carrying commercial aircraft operating in a regular scheduled route or any hazardous activities or sports unless agreed by special endorsement.

No terminal illness benefit will be payable under this policy for any terminal illness resulting from, or related to, or caused or contributed directly or indirectly, wholly or partly, by any of the following:

  1. Any Pre-existing Condition;
  2. Drug taking other than under the prescription or direction of a physician, abuse of alcohol or the taking of poison;
  3. Disease of or infection with any Human Immunodeficiency Virus (HIV) and/or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) and/or mutations, derivation or variations thereof;
  4. Nuclear fission, nuclear fusion, ionizing radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuels or nuclear weapons material;
  5. War or hostilities (whether war be declared or not), civil commotion rebellion, revolution, riot, strikes, terrorist or warlike activities;
  6. An intentional self-inflicted act; or
  7. Violation or attempted violation of the law or resistance to arrest or participation in any brawl or affray. No terminal illness benefit will be payable under this policy for any terminal illness, if the symptoms or conditions of which or the diagnosis of which first appeared or occurred within 60 days immediately following the policy issue date or the date of endorsement, whichever is the later. This shall not apply to any terminal illness caused by an accident.

No terminal illness benefit will be payable under this policy for any terminal illness, if the symptoms or conditions of which or the diagnosis of which first appeared or occurred within 60 days immediately following the policy issue date or the date of endorsement, whichever is the later. This shall not apply to any terminal illness caused by an accident.

Nature of the product

The Plan is a 3-year non-participating insurance product and does not entitle the policyowner to participate in the profits or surplus of the Company. The Plan provides guaranteed cash values, as well as life protection and critical illness benefit of non-indemnity nature throughout the policy period.


Cooling-off period

If you are not satisfied with the policy and have not made any claim under the policy, you have the right to cancel it and obtain a refund of any premium(s) paid by giving a written notice of cancellation to us within the cooling-off period. The cooling-off period is the period of 21 calendar days immediately following the day of the delivery of (1) the policy; or (2) the Cooling-off Notice, to you or your nominated representative, whichever is the earlier. The Cooling-off Notice will be sent to you or your nominated representative to notify you of the cooling-off period around the time the policy is delivered.


Claims

For terminal illness benefit, claims must be made in the Company's prescribed claims form within 90 days of the life insured becoming aware that he/she is suffering from a terminal illness. Written proof of the diagnosis supported by medical evidence and other relevant evidence must be received by the Company within six months after it receives the written notice of claim.

For accidental death benefit and accidental total and permanent disability benefit, any request must be given to the Company in writing within 30 days after the date of the accident causing the relevant injury or death. Satisfactory proof and any supporting evidence must be given to the Company within 90 days after the date of such injury or death at the expenses of the policyowner or claimant. You can call the Company’s Claims Hotline at +852 2830 7600 for the appropriate claim form.


Termination Conditions

The Plan shall be automatically terminated and the premium shall cease to be payable for it upon the first occurrence of any one of the following events:

  1. Death of the life insured;
  2. Payment of the accidental total and permanent disability benefit or the terminal illness benefit;
  3. The Company approves the written request of the policyowner for surrender;
  4. The policy reaches the maturity date; or
  5. The non-forfeiture value is equal to or less than zero.