Well Save Annual Coupon Plan

Well Link Life's Well Save Annual Coupon Plan (the 'Plan') provides life protection, annual guaranteed cash coupon and non-guaranteed dividends to help you accumulate wealth and achieve a prosperous future.

Receive annual guaranteed cash coupon for 20-year with flexible premium payment term

You just pay single premium or annual premium for 5 years and receive annual guaranteed cash coupon in cash for 20 years, starting from the first policy anniversary. You may also choose to leave the guaranteed cash coupons with the Company for accumulation with interest (accumulation interest rate is not guaranteed and may be determined by the Company from time to time.).


Single Premium

End of Policy Year - Annual Guaranteed Cash Coupon

1st policy year to 20th policy year: 2.0% of Single Premium Paid

 

5 Years Premium Payment

End of Policy Year - Annual Guaranteed Cash Coupon

1st policy year: Annual Premium x 1 x 2.0%

2nd policy year: Annual Premium x 2 x 2.0%

3rd policy year: Annual Premium x 3 x 2.0%

4th policy year:Annual Premium x 4 x 2.0%

5th policy year to 20th policy year: Annual Premium x 5 x 2.0%


You just pay single premium or annual premium for 5 years and receive annual guaranteed cash coupon in cash for 20 years, starting from the first policy anniversary. You may also choose to leave the guaranteed cash coupons with the Company for accumulation with interest (accumulation interest rate is not guaranteed and may be determined by the Company from time to time.).


Single Premium

End of Policy Year - Annual Guaranteed Cash Coupon

1st policy year to 20th policy year: 2.0% of Single Premium Paid

 

5 Years Premium Payment

End of Policy Year - Annual Guaranteed Cash Coupon

1st policy year: Annual Premium x 1 x 2.0%

2nd policy year: Annual Premium x 2 x 2.0%

3rd policy year: Annual Premium x 3 x 2.0%

4th policy year:Annual Premium x 4 x 2.0%

5th policy year to 20th policy year: Annual Premium x 5 x 2.0%


Provides annual dividend and terminal dividend for long term wealth accumulation

The Plan is a participating policy and offers annual dividend starting from the first policy anniversary. Annual dividend is not guaranteed and is determined by the Company at its discretion. You may choose to cash out the annual dividends (if any) or leave with the Company for accumulation with interest (accumulation interest rate is non-guaranteed and may be determined by the Company from time to time.).

Starting from the 6th policy anniversary, an one-off Terminal Dividend will be payable upon policy surrender, policy maturity or death of life insured (whichever earlier). Terminal dividend is not guaranteed and is determined by the Company at its discretion.

The Plan is a participating policy and offers annual dividend starting from the first policy anniversary. Annual dividend is not guaranteed and is determined by the Company at its discretion. You may choose to cash out the annual dividends (if any) or leave with the Company for accumulation with interest (accumulation interest rate is non-guaranteed and may be determined by the Company from time to time.).

Starting from the 6th policy anniversary, an one-off Terminal Dividend will be payable upon policy surrender, policy maturity or death of life insured (whichever earlier). Terminal dividend is not guaranteed and is determined by the Company at its discretion.

Life 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 102% total premium paid1 or the guaranteed cash value (whichever is higher) plus the accumulated guaranteed cash coupon with interest (if any) plus accumulated annual dividends with interest (if any) and terminal dividend (if any). Any indebtedness to the Plan would be deducted from the benefit payment.

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 102% total premium paid of all policies under Endowment Plan Series for each life insured should not exceed 100% of total premium 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 USD-, HKD- and RMB-denominated policies).

In the unfortunate event of the life insured's passing, the beneficiary(ies) will receive a death benefit equivalent to 102% total premium paid1 or the guaranteed cash value (whichever is higher) plus the accumulated guaranteed cash coupon with interest (if any) plus accumulated annual dividends with interest (if any) and terminal dividend (if any). Any indebtedness to the Plan would be deducted from the benefit payment.

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 102% total premium paid of all policies under Endowment Plan Series for each life insured should not exceed 100% of total premium 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 USD-, HKD- and RMB-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 Annual Coupon Plan

Product Type:

Basic Plan

Issue Age:

Age 18 to Age 70

Premium Payment Term:

Single premium / 5 Years

Benefit Term:

20 Years

Policy Currency:

USD

Minimum Premium Amount:

Single Premium - USD 12,500

5 Years Premium Payment - Annual Premium USD 2,500

Premium Payment Mode:

Single / Annual

Guaranteed Cash Coupon:

While the policy is inforce, Guaranteed Cash Coupon will be payable annually from the 1st Policy Anniversary.


Single Premium

End of Policy Year - Annual Guaranteed Cash Coupon

1st policy year to 20th policy year: 2.0% of Single Premium Paid

 

5 Years Premium Payment

End of Policy Year - Annual Guaranteed Cash Coupon

1st policy year: Annual Premium x 1 x 2.0%

2nd policy year: Annual Premium x 2 x 2.0%

3rd policy year: Annual Premium x 3 x 2.0%

4th policy year: Annual Premium x 4 x 2.0%

5th policy year to 20th policy year: Annual Premium x 5 x 2.0%


You may elect to receive the Guaranteed Cash Coupon by one of the following options:

Option 1: paid in cash

Option 2: leave with the Company for accumulation with interest where the accumulation interest rate is non-guaranteed and may be determined by the Company from time to time.

Annual Dividend:

While the policy is in force, annual dividends (if any) will be payable annually from the 1st policy anniversary. Annual ividends are not guaranteed. You may elect to receive the annual dividends (if any) by one of the following dividend options:

Option 1: paid in cash

Option 2: leave with the Company for accumulation with interest where the accumulation interest rate is non-guaranteed and may be determined by the Company from time to time.

Terminal Dividend:

Terminal dividend (if any) shall be payable on or after the sixth policy anniversary upon the first occurrence of any of the following events:

i. the death of the life insured; or

ii. the surrender of this policy; or

iii. the policy maturity.

 

Terminal dividend is paid once only and is not guaranteed. It shall be determined by the Company in its discretion.

Death Benefit

Death Benefit shall equal to:

i. The higher of:

  1. 102% of the total premiums paid at the date of Life Insured's death, provided that 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 102% total premium paid of all policies under Endowment Plan Series for each life insured should not exceed 100% of total premium paid as at the date of life insured's death plus USD12,500 ; Or
  2. the Guaranteed Cash Value at the date of life insured's death

plus

ii. accumulated guaranteed cash coupon if any; plus

iii. accumulated annual dividend, if any; plus

iv. terminal dividend, if any; less

v. any Indebtedness.

Surrender Benefit / Maturity Benefit:

Guaranteed cash value at time of surrender or on maturity date plus;

i. accumulated guaranteed cash coupon if any; plus

ii. accumulated annual dividend, if any; plus

iii. terminal dividend, if any; less

iv. any Indebtedness.

Note:

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

2. The above content contains general information for reference only and does not form part of the policy. Please refer to the policy document for benefit coverage and exact terms and conditions.