Regent Leap Savings Insurance Plan

Wealth Accumulation Switching Option²

To cater your various financial needs or investment preferences at different life stages, this Plan features the “Wealth Accumulation Switching Option”², which includes 3 Switching Options - “Advance” ^{^}, “Balanced” and “Conservative”. Each option is equipped with different ratios of “Stable Asset Account”⁴ value to the cash value of Reversionary Bonus¹⁰ (if any) and cash value of Terminal Bonus¹¹ (if any), allowing you to make flexible switching.

On the 10^th policy anniversary and every policy anniversary thereafter, and while the policy is in force, you can apply to exercise this option to allocate the portfolio ratio of (i) the value of “Stable Asset Account”⁴ (if any) and (ii) the cash value of non-guaranteed Reversionary Bonus¹⁰ and the cash value of non-guaranteed Terminal Bonus¹¹ (if any). The value in “Stable Asset Account”⁴ will accumulate with interest at the non-guaranteed interest rate determined by the Company from time to time. You can withdraw the accumulated value from your account at any time.

^ The Switching Option is pre-set as “Advance” upon policy issuance until the first-time exercise of “Wealth Accumulation Switching Option”².

Policy Split Option³ achieves independent asset planning with ease

While the policy is in force and the Insured is still alive, after the end of the 5^th Policy Year, you can split the existing policy into two, which means the Units of the basic plan under the existing policy will be partially allocated to a separate policy (the “Split Policy”). After exercising Policy Split Option³, the basic plan of the existing policy will remain in force and the effective date shall remain unchanged. Other policy information and instructions under the Split Policy will be the same as the basic plan of the existing policy except Unit, total premiums paid¹², Guaranteed Cash Value, face value and cash value of Reversionary Bonus¹⁰ and Terminal Bonus¹¹ (if any), accumulated value of Stable Asset Account⁴ (if any) and future premium.

After split, you can change other policy options or instructions at any time. Moreover, you can exercise Policy Split Option³ once per Policy Year. Policy Split Option³ is also applicable to the Split Policy, maximising the power of asset allocation.

Guaranteed Cash Value, non-guaranteed Reversionary Bonus¹⁰ and non-guaranteed Terminal Bonus¹¹

In addition to the increases of Guaranteed Cash Value over the policy years, starting from the 1^st policy anniversary, the Plan declares non-guaranteed Reversionary Bonus¹⁰ annually and non-guaranteed Terminal Bonus¹¹ at least annually, allowing you to earn potential long-term return (please refer to At-a-Glance Table for details of non-guaranteed Reversionary Bonus¹⁰ and non-guaranteed Terminal Bonus¹¹).

In the event of death of the Insured and assumed that Policy Continuation Option⁶ has not been exercised, the face value of Reversionary Bonus¹⁰ (if any) and face value of Terminal Bonus¹¹ (if any) will be paid along with the death benefit. We will pay the cash value of Reversionary Bonus¹⁰ (if any) and Terminal Bonus¹¹ upon policy surrender (full or partially) or policy termination (other than death of the Insured). The cash value of Reversionary Bonus¹⁰ (if any), cash value of Terminal Bonus¹¹ (if any) and value of Stable Asset Account⁴ (if any) will be adjusted when you exercise the ^“Wealth Accumulation Switching Option” ². These cash values and face values of the bonuses may not be equal.

Dual Succession for passing on legacy to next generations

• Unlimited changes of Insured⁵ and protection of new Insured up to age 128, pass on wealth to your next generations infinitely
  After the 6^th policy monthly anniversary, you may change the Insured for unlimited times⁵. The coverage period will be adjusted to age 128 of the new Insured (“Changed New Insured”), allowing the policy to have sufficient time for wealth accumulation and can be passed on to the next generations.
• Policy Continuation Option (to a designated beneficiary)⁶
  Apart from unlimited changes of Insured⁵, the Plan specially provides “Policy Continuation Option”⁶. While the Insured is alive and the policy is in force, the Policy Owner can assign one beneficiary under this option. Upon the unfortunate death of the Insured, the designated beneficiary will become the new Policy Owner (if applicable) and the new Insured (“Continued New Insured”). The coverage period will also be adjusted to age 128 of the Continued New Insured, giving you the flexibility on inheritance.

Settlement options for Death Benefit⁸ or Full Surrender⁹

Flexible Death Benefit Settlement Option⁸ to meet your needs

While the Insured is still alive and the policy is in force, the Policy Owner can choose one of the following Death Benefit Settlement Options flexibly regarding payment of death benefit to (up to 10) different beneficiary(ies) in different ways in the unfortunate event of the Insured’s death. This allows each beneficiary to receive the most appropriate arrangement.

1. A lump sum payment; or
2. Regular installment payment⁸ – Monthly, semi-annually or annually over 10, 20 or 30 years; or
3. Increasing installment payments⁸ – The beneficiary can receive a specified amount of first installment of death benefit monthly, semi-annually or annually. Such installments will be increased by 3% each year starting from the 2^nd year until all death benefit and / or accumulated interest¹³(if any) are fully paid; or
4. Customised payment – You can designate a specified year or a specified age of the beneficiary, to start paying (i) regular death benefit to the beneficiary monthly, semi-annually or annually; or (ii) a specified amount of first installment of the death benefit to the beneficiary monthly, semi-annually or annually, and such installments will be increased by 3% each year starting from the 2^nd year until all death benefit and / or accumulated interest¹³ (if any) are fully paid; or
5. A lump sum payment for a specified percentage of the death benefit, such percentage must be equal to or more than 5% of the death benefit, and the remaining will be paid by regular installment payments⁸.

For death benefit to be paid to the beneficiary(ies) at regular installment, increasing installment or customised payments, the amount of death benefit payable or the remaining amount of death benefit (after deduction of a lump sum payment of a certain percentage of the death benefit, if applicable) must be at least USD 50,000. The amount of death benefit which is yet to be paid under the Death Benefit Settlement Option⁸ can also earn interest¹³ (if any).

Full Surrender Settlement Options⁹

Once the policy has been in force for 5 years, and if the Policy Owner fully surrenders⁹ the policy. Other than a lump sum payment, the Policy Owner can also choose one of the following options to receive the surrender payment if the surrender payment is at least USD 50,000.

1. Payments at regular⁹ – Monthly, semi-annually or annually over 10, 20 or 30 years; or
2. Increasing payments⁹ – You can specify the first installment of surrender amount to be received monthly, semi-annually or annually. Such installment will be increased by 3% each year beginning from the 2^nd year until all surrender value and / or accumulated interest¹³ (if any) are fully paid. The amount of the surrender payment which is yet to be paid can also enjoy an interest¹³ (if any).

Premium Waiver⁷

Accidents are unforeseeable. Under the following circumstances, we will pay the future premiums of the basic plan to give your beloved ones an extra peace of mind.

1. If the Insured is 18 years old or above⁷, and is the Policy Owner at the same time, being diagnosed with Total Permanent Disability¹⁴ due to an injury caused by an accident before the age of 75, he or she will entitle to the “Waiver of Premium Benefit”⁷. We will pay the future premium of the basic plan for you, up to USD 500,000 until the premium end date that is set at the time of policy issuance. It ensures your wealth will not be affected. (Please refers to the At-a-Glance Table for details of the maximum total amount of premium waived.)
2. If the Insured is 17 years old or below⁷, and the Policy Owner (including Contingent Policy Owner¹⁵) dies or is diagnosed with Total Permanent Disability¹⁴ due to an injury caused by an accident before the age of 75, he or she will entitle to the “Payor Benefit”⁷, and we will pay the future premiums of the basic plan for you, up to USD 500,000 until the premium end date that is set at the time of policy issuance to safeguard your child’s future. (Please refers to the At-a-Glance Table for details of the maximum total amount of premium waived.)

Waiver of Premium Benefit⁷ is subject to designated exclusions. Please refer to the “Key Exclusions Section” and Policy Provisions for more details.

Maximise your wealth's growth potential with prepayment

Regent Leap Savings Insurance Plan is available with a 2-year premium payment period. You may choose to prepay the premium¹⁶ by lump sum payment, thereby enjoying the benefit of paying up the Plan at a lower cost. Interest¹³ (if any) will also be earned on the prepaid premium¹⁶.

No medical underwriting – hassle-free application

The application process of basic plan is simple, and no medical check-up is required, this allows you to accumulate wealth with ease.

Free worldwide emergency assistance service¹⁷

Once enrolled in this Plan, the Insured will have access to free 24-hour worldwide emergency assistance¹⁷ for immediate support wherever he/she may be. The maximum benefit (per incident) is up to USD 1,000,000, including services of emergency evacuation or repatriation and delivery of mortal remains. For details, please refer to related documents.

1. “Special-in-market” is the result of comparing similar major life insurance savings products of major life insurance companies in Hong Kong as of 26 September 2025.
2.  Wealth Accumulation Switching Options and its portfolio ratio
   

   Switching option(s)	“Stable Asset Account” allocation	Allocation of the cash value of Reversionary Bonus (if any) and cash value of Terminal Bonus (if any)
   Advance	0%	100%
   Balanced	40%	60%
   Conservative	80%	20%

   “Stable Asset Account Allocation” = the value of “Stable Asset Account” ÷ (cash value of Reversionary Bonus (if any) + cash value of Terminal Bonus (if any) + value of Stable Asset Account) x 100%

   Within 30  days before or after the 10^th policy anniversary or every policy anniversary thereafter, you may, subject to the prevailing rules of the Company, exercise the Wealth Accumulation Switching Option to adjust the Switching Option of the basic plan of the policy to achieve Stable Asset Account Allocation at your desire, subject to the following conditions: (i) the Switching Option applied for must be different from the default Switching Option of the Basic Plan of the policy (for the first exercise of this option) or the latest Switching Option as shown in our record (if you have already exercised this option before); (ii) except the first time of exercise of this option, the switch date of each subsequent request must be separated by a period of not less than 1 year from the switch date of the preceding exercise of this option; and (iii) all indebtedness must be fully settled before exercising this option. Once the Wealth Accumulation Switching Option is exercised, we will correspondingly adjust the amount of any future cash values and face values of Reversionary Bonus and Terminal Bonus at a rate to be determined by us based on the change(s) of the cash values of Reversionary Bonus and Terminal Bonus. Once the Company approves the request of Wealth Accumulation Switching Option, we will determine the value of Stable Asset Account immediately following such exercise of Wealth Accumulation Switching Option (“Target Value”). The Target Value equals the product of Stable Asset Account Allocation of the elected Switching Option and the aggregate of (i) the accumulated value of Stable Asset Account (if any) immediately before such exercise (“Existing Value”); and (ii) the cash values of Reversionary Bonus and Terminal Bonus immediately before such exercise. We will then adjust the balance of Stable Asset Account from the Existing Value to the Target Value at the switch date, which in the case that the Existing Value is lower than the Target Value, the deficit will be resolved by transferring the latest cash value of Reversionary Bonus (if any) and cash value of Terminal Bonus (if any) to the Stable Asset Account; or in the case that the Existing Value is higher than the Target Value, the surplus from the Stable Asset Account will become the cash value of Reversionary Bonus and cash value of Terminal Bonus. Please refer to the Policy Provisions for more details of the Wealth Accumulation Switching Option.

3. While the policy is in force and the Insured is still alive, after the end of the 5^th Policy Year and subject to the prevailing rules of the Company, you may exercise Policy Split Option to create a separate policy (the “Split Policy”), allocating a portion of Unit from the basic plan of the policy to the Split Policy but subject to the following conditions without providing any evidence of insurability: (i) after the Policy Split Option has been exercised (the “Split”), the respective Unit of the basic plan of the policy and Split Policy must not be less than the minimum Unit amount we permit at the time of your request; (ii) the insured of the Split Policy must be the same as the Insured of the basic plan of the policy; (iii) no claim is in progress under the basic plan of the policy upon request exercising this option; (iv) your request for the Policy Split Option cannot be changed or withdrawn once it is submitted; (v) any indebtedness under the basic plan of the policy must be fully repaid before we approve your request ; and (vi) Policy Split Option can only be exercised once during a Policy Year. After the Split is approved, (i) the provisions of the Split Policy will be the same as the basic plan of the policy unless otherwise specified; (ii) the Unit, face value and cash value of Reversionary Bonus and Terminal Bonus (if any), accumulated value of Stable Asset Account (if any) will be reduced and transferred to the Split Policy according to the ratio of the Unit allocated to the basic plan of the policy and the Split Policy. We will determine the existing and future amounts of Guaranteed Cash Value, the face value and cash value of Reversionary Bonus and Terminal Bonus (if any); and future premium respectively for both the basic plan of the policy and the Split Policy according to your allocation of the Units; (iii) the total premiums paid for both the basic plan of the policy and the Split Policy will be adjusted according to your allocation of Units and will be used to calculate death benefit; (iv) subject to the rules of the Company, all riders (if any) under the policy will continue to be effective after the Split; (v) the beneficiary(ies), Policy Owner, Contingent Policy Owner (if designated), Initial Insured, Insured, Policy Currency, Policy Date, Policy Effective Date and Policy Years of the basic plan of this Policy will remain unchanged and the Split Policy will have the same beneficiary(ies), Policy Owner, Contingent Policy Owner (if designated), Initial Insured, Insured, Policy Currency, Policy Date, Policy Effective Date and Policy Years of the basic plan of this Policy; and (vi) previous instruction(s) made under the basic plan of the policy including but not limited to Wealth Accumulation Switching Option, Death Benefit Settlement Option and Policy Continuation Option will also apply to the Split Policy unless otherwise specified. The Split Policy will be effective only after its policy provisions and policy specifications are issued. Please refers to the Policy Provisions for more details of Policy Split Option.
4. Account determined in accordance with the Wealth Accumulation Switching Option provision in which its long-term target asset allocation is 100% in fixed income type securities. The value in the Stable Asset Account will be accumulated at such interest rate as may be declared by us from time to time. Interest rates on the Stable Asset Account are not guaranteed and may even be 0% in any year.
5. Changing the Insured is subject to the prevailing administrative rules and designated requirements. The Unit, Guaranteed Cash Value, the face value of accumulated Reversionary Bonuses (if any) and the face value of Terminal Bonus (if any), any accumulated value of Stable Asset Account, Policy Date and Policy Years will remain the same on the Insured-Change Effective Date while the Plan End Date will be adjusted to the date of policy anniversary on the 128^th birthday of the Changed New Insured or following the 128^th birthday of the Changed New Insured (whichever is applicable). The Changed New Insured must be aged 64 (last birthday) or below. The change of Insured must be endorsed by the Policy Owner, proposed new Insured and Assignee (if any). Both the new Insured and the current Insured must be alive and the policy is in force at the time the Insured is changed and provided with satisfactory proof of evidence of insurability for the proposed new Insured. We shall cease to provide any coverage for the initial Insured or the prior Insured on our record (when applicable and as the case may be) as from the Insured-Change Effective Date. All riders (if any) will be terminated on the Insured-Change Effective Date. Please refer to the Policy Provisions for details of Changing of Insured Option.
6. The Policy Owner can assign one beneficiary for the Policy Continuation Option while he/she is still alive. Upon the death of the Insured, if the Policy Owner (still alive) and the Insured are different persons, the beneficiary will become the Continued New Insured; if the Policy Owner died at the same time or the Policy Owner and the Insured is the same person, subject to the prevailing administrative rules of the Company, the beneficiary will become the new Policy Owner and Continued New Insured of the policy. After this option has been exercised, all Units, Total Premiums Paid, Guaranteed Cash Value, the face value of accumulated Reversionary Bonuses (if any), the face value of Terminal Bonus (if any) and any accumulated value of Stable Asset Account (if any), Policy Date and Policy Years will remain unchanged on the Policy Continuation Effective Date, while the respective plan end date of the basic plan of the policy will be adjusted to the date of policy anniversary on the 128^th birthday of the Continued New Insured or the immediately following policy anniversary (whenever is applicable).The surrender payment may be equal to or lower than death benefit before this option has been exercised. You shall cancel the Death Benefit Settlement Option arrangement for the beneficiary before your submission of written request for the Policy Continuation Option. All riders (if any) will be terminated on the Policy Continuation Effective Date. If the Policy Owner has selected both Policy Continuation Option and Death Benefit Settlement Option, Policy Continuation Option will automatically be exercised (regardless of the order of selection). After Policy Continuation Option has been exercised, the Policy Continuation Option and Death Benefit Settlement Option previously selected by the Policy Owner will automatically become invalid Please refer to the Policy Provisions for details of Policy Continuation Option. 
7.  There are 2 types of premium waivers: (i) “Waiver of Premium Benefit” is applicable to the Insured whose age at policy issuance or the change of Insured is between 18 and 60 and is the Policy Owner at the same time, and is diagnosed with Total Permanent Disability due to an injury caused by an accident before the age of 75. (ii) “Payor Benefit” is applicable to the latest Insured whose age at policy issuance or the change of the Insured is at the age 17 or below; the latest Policy Owner (including contingent Policy Owner) whose age at policy issuance or the change of the Policy Owner (including Contingent Policy Owner) is at the age of 60 or below, and dies or is diagnosed with Total Permanent Disability due to an injury caused by an accident before the age of 75. After the waived premium of the basic plan reaches the maximum total amount of premium waived (per Insured) and/ or on the waiver of premium end date (until the premium end date that is set at the time of policy issuance), the Policy Owner should pay the remaining premium; otherwise, the automatic premium loan will be applied, or the policy will be terminated. In addition to the premiums stated above, if premiums falling due in the relevant Waiver of Premium Benefit Period are paid before we approve a claim of this benefit, such premiums will be fully refunded (with no interest). Please refer to the Policy Provisions for details of “Waiver of Premium Benefit” and “Payor Benefit”.
8. If the Policy Owner opts for by payment of a specified percentage of the death benefit in a lump sum and the remaining balance by regular installments, the lump sum amount should equal to or greater than 5% of the death benefit. However, interest on unpaid death benefit is not guaranteed, therefore interest may be less than expected and the actual payout period may be shorter than the selected period. Only lump sum death benefit is applicable if an assignment is made. If the beneficiary(ies) die(s) while receiving the death benefit payments, the remaining amount will be paid to the beneficiary(ies)’ estate. If no beneficiary(ies) survives upon the death of the Insured yet the Policy Owner is still alive, the death benefit will be paid to the Policy Owner in accordance with the Death Benefit Settlement Option. Policy Owner may also request to receive the death benefit in lump sum. If the Policy Owner dies while receiving the death benefit payment, the remaining death benefit will be paid in a lump sum to the Policy Owner’s estate. If the Death Benefit and/or accrued interest (if any) remain after the last installment is paid, we will pay the remaining balance of the Death Benefit and accrued interest (if any) in a lump sum to the beneficiary. If the beneficiary has been selected as designated beneficiary for the Policy Continuation Option, you shall cancel of the Policy Continuation Option by written request before your submission of Death Benefit Settlement Option for the  beneficiary. If the Policy Owner has selected both Policy Continuation Option and Death Benefit Settlement Option, Policy Continuation Option will automatically be exercised (regardless of the order of selection). After Policy Continuation Option has been exercised, the Policy Continuation Option and Death Benefit Settlement Option previously selected by the Policy Owner will automatically become invalid. Please refer to the Policy Provisions for details of Death Benefit Settlement Option.
9. Upon full surrender, the Policy Owner may choose to receive surrender payment in a fixed amount on payments at regular intervals or by increasing payments. However, interest on unpaid surrender payment is not guaranteed, therefore interest may be less than expected and the actual payout period may be shorter than the selected or expected period. If the Policy Owner dies while receiving the surrender payments and/or accumulated interest (if any), the remaining surrender payment and/or accumulated interest (if any) will be paid in lump sum to the Policy Owner’s estate. Please refer to the Policy Provisions for details of Full Surrender.
10. The face value and cash value of Reversionary Bonus are non-guaranteed. However, once declared, the declared face value of Reversionary Bonus will become guaranteed and forms a permanent addition to the policy. Non-guaranteed Reversionary Bonus may be declared at the sole discretion of the Company (i) from the 1^st policy anniversary; and provided that (ii) all premiums due have been paid up to each relevant Policy anniversary. We will pay the cash value of Reversionary Bonus (if any) upon surrender (full surrender or partial surrender), maturity, policy termination due to non-payment of premium; or transfer the cash value of Reversionary Bonus (if any) to the Stable Asset Account (if applicable) under the Wealth Accumulation Switching Option provision. You may withdraw cash value of the Reversionary Bonus (if any) (in full surrender or partial surrender) by written. After the withdrawal of cash value of Reversionary Bonus, the face value of Reversionary Bonus, and the face value and cash value of Reversionary Bonus of the policy in the future will be reduced. Please refer to the Policy Provisions for details of Reversionary Bonus.
11. A non-guaranteed Terminal Bonus may be declared for this Plan by the company starting from the 1st policy anniversary. Non-guaranteed Terminal Bonus and its amount may be paid at the sole discretion of the Company. The cash value of Terminal Bonus should be either equal to or less than the face value of Terminal Bonus. We will pay the cash value of Terminal Bonus (if any) upon surrender (full surrender or partial surrender), maturity, policy termination due to non-payment of premium; or transfer the cash value of Terminal Bonus (if any) to the Stable Asset Account (if applicable) under the Wealth Accumulation Switching Option provision.
12. Total premiums paid referred as the total amount of premium(s) due and paid for the basic plan of the policy or Split Policy (if established under the terms of Policy Split Option), and (i) after Large Size Discount (if applicable) but before any other premium discount (if any); (ii) pro-rated by the ratio of remaining Units after partial surrender to the Units at policy issuance; if the policy is partially surrendered, the total premiums paid will be proportionately reduced, and (iii) any amount in the Premium Deposit Account (if applicable) does not form part of the total premiums paid.
13. The current interest rate offered is 2% p.a., but it is not guaranteed.
14. Total permanent disability refers to any of the following that results from an injury: i) the total and irrecoverable loss of sight of both eyes; or (ii) the complete and permanent paralysis of 2 limbs or actual severance at or above wrist or ankle of 2 limbs; or (iii) total and irrecoverable loss of the sight of 1 eye and either the complete and permanent paralysis of 1 limb or actual severance at or above wrist or ankle of 1 limb.
15. Contingent Policy Owner refers to the person who is appointed by the Policy Owner on our company’s application or on our designated form and is approved as Contingent Policy Owner by our company. Please refer to Policy Provisions for details about the Contingent Policy Owner.
16. The premium prepayment option is only applicable to annual premium payment mode. The prepaid premium will be credited to the premium deposit account and accumulate at the prevailing interest rate offered at that time (The current interest rate offered is 2% per annum, but it is not guaranteed). You can withdraw the full amount of the prepaid premiums from the premium deposit account. However, any interest credited will be forfeited. If the amount of the premium deposit account is not sufficient to pay the premium and premium levy due to a decrease in interest rate, the Policy Owner is required to make up the relevant premium difference (including premium levy). Otherwise, the policy will be terminated or subject to an automatic premium loan. If the Insured passes away, the premium deposit account balance (if any) will be payable to the Policy Owner without any charge.
17. Free Worldwide Emergency Assistance Services are provided by the third party service provider. We reserve the right to change the terms and conditions of Free Worldwide Emergency Assistance Service and assumes no responsibility of the services provided by the third party service provider.
18. The minimum premium is calculated before any other premium discount (if any).
19. Large Size Discount is only applicable to basic premium of this Plan. Premium of other riders (if applicable) will not be entitled to the Large Size Discount. The Large Size Discount is offered to each eligible Policy of this Plan. If customer has enrolled for more than one Policy of this Plan, all policies will be entitled to Large Size Discount. However, the eligible annual premium of these Policies will not be aggregated in calculating the rate of Large Size Discount. The Large Size Discount will be adjusted according to the reduced Units upon partial surrender.
20. Total premiums paid is defined as the total amount of premium(s) due and paid for the basic plan of the policy or Split Policy (if created pursuant to Policy Split Option provision) up to the date of death of the Insured and (i) after Large Size Discount (if applicable) but before any other premium discount (if any); (ii) pro-rated by the ratio of remaining Units at the time of death of the Insured to the Units at policy issuance; and(iii) any amount in the Premium Deposit Account (if applicable) does not form part of the total premiums paid.