Source: Media Outreach
Headline: MetLife Hong Kong Launches MetLife Enjoy Whole Life Plan and MetLife Amass Savings Benefit
An integrated solutiontailored for affluent and high net worth individuals to support legacy planningand wealth growth
HONGKONG, CHINA – Media OutReach –March 12, 2018 – MetLife Hong Kong* announced the launch of its brand newMetLife Enjoy Whole Life Plan designed for affluent and high-net-worthindividuals, offering life protection up to age 120. Featuring high guaranteed life coverage andguaranteed cash value, along with growth potential, this plan is an effectivelegacy planning solution for growing assets and building lasting financialsecurity for future generations. MetLife Hong Kong has also launched MetLife AmassSavings Benefit, an optional rider attachable to MetLife Enjoy Whole Life Plan,to fulfill the needs of customers with a greater focus on wealth accumulation.This optional rider further boosts the growth of their legacy throughcompetitive, long-term returns.
Mr. Vincent Chan, Head of Product of MetLife Hong Kong, said, “In view of increasing awareness and the need for legacy planning, MetLife Enjoy Whole Life Plan, along with MetLife Amass Savings Benefit, are designed to help customers lay strong foundations to preserve, protect, grow and pass on their prosperity to future generations.”
Mr. Vincent Chan, Head ofProduct of MetLife Hong Kong, said, “As a customer-centric company, MetLifeHong Kong has always kept a close eye on market trends and customer needs, andwe respond to those needs by developing innovative and quality solutions. Inview of increasing awareness and the need for legacy planning, MetLife EnjoyWhole Life Plan, along with MetLife Amass Savings Benefit, are designed to helpcustomers lay strong foundations to preserve, protect, grow and pass on theirprosperity to future generations with greater control, flexibility and coverageover a longer time span.”
MetLife Enjoy Whole LifePlan is a uniquelifelong protection product. Key features include:
Highlevel of protection — This plan offershigh guaranteed life insurance coverage. Customers can enjoy life protectionand a terminal illness benefit up to age 120.Greatercontrol over legacy allocation— Customers can allocate the life benefit to specified beneficiaries in theirpreferred way. With the flexible settlement options, they may also choose in advanceto allocate the life benefit in a lump sum payment, or to customize adistribution schedule so beneficiaries receive a fixed or variable instalmentat regular intervals. Distribution schedules may be as long as 30 years.Highflexibility — Customers can choose fromtwo life benefit options at policy inception, so they can benefit from the onethat best matches their financial commitments and needs.Preservationand growth of wealth — This plan offersguaranteed cash value, annual dividends (non-guaranteed) and a terminaldividend (non-guaranteed) to grow the legacy. Customers may also cash out someof the accumulated cash value to fulfill other financial aspirations.Customizedto individual’s needs with savings top-up option — Customers may choose to top up the savings byattaching MetLife Amass Savings Benefit to enjoy additional guaranteed cashvalue, annual dividends (non-guaranteed) plus a terminal dividend(non-guaranteed) to build on their amassed wealth.
Mr. Vincent Chan added, “At MetLife Hong Kong, we are committed toconstantly delivering solutions that meet our customers’ needs and providesthem with greater value. Discerningwhat truly matters to these affluent and high-net-worth individuals forms thecore of our product design and appeal. As our customers’ trusted advisor, we fully understand thateach of them has unique goals. Therefore, we have developed MetLifeAmass Savings Benefit as a savings top-up option tailored for customers whohave a greater focus on increasing their affluence by unleashing the growthpotential of their wealth — without increasing the sum assured or the premiumfor MetLife Enjoy Whole Life Plan. This innovative integrated approach enablescustomers to fulfill a range of other financial goals such as early retirement,all without sacrificing the life insurance coverage and legacy to be passed onto further generation.”
MetLife Enjoy Whole LifePlan and MetLife Amass Savings Benefitare denominated inUS dollars, with a one-time premium payable in a lump sum. It is available tothe insured person between the ages of 0 and 70, with a sum assured of MetLifeEnjoy Whole Life Plan starting from US$500,000.
For further details about MetLife Enjoy Whole Life Plan and MetLife Amass Savings Benefit, please visit: http://www.metlife.com.hk/en/customer/enjoy.
MetLife, Inc. (NYSE: MET), through itssubsidiaries and affiliates (“MetLife”), is one of the world’s leadingfinancial services companies, providing insurance, annuities, employee benefitsand asset management to help its individual and institutional customersnavigate their changing world. Founded in 1868, MetLife has operations in morethan 40 countries and holds leading market positions in the United States,Japan, Latin America, Asia, Europe and the Middle East. For more information,visit www.metlife.com.
* MetLife Limited and Metropolitan Life InsuranceCompany of Hong Kong Limited (collectively “MetLife Hong Kong”) arewholly-owned subsidiaries of MetLife, Inc. in Hong Kong and private companieslimited by shares incorporated and registered under the applicable laws in HongKong. Both MetLife Limited and Metropolitan Life Insurance Company of Hong KongLimited are authorized insurers carrying long term business in Hong Kong.
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