CTF Life helps its customers and their loved ones to navigate through life with personalised planning solutions and experiences, creating value beyond insurance and achieving sustainable growth. By providing our customers with four life pillars – GROWealth, EDUtainment, PowerUp and FAMmunity – we are giving access to new lifestyle experiences and helping them craft a holistic plan that enables them to live life to the fullest.
A-
Fitch
Ratings
Based on the financial strength ratings announced by Fitch Ratings in November 2023
A3
Moody's
Based on the financial strength ratings announced by Moody’s in May 2024.
314%
As at 31 December 2023, CTF Life solvency ratio was 314% (unaudited).
To our success, talent is the most valuable element. We treasure our people and are committed to their development in order to maximize their potential and ensure their continual growth within the company. You will find a challenging and rewarding career with us.
Policyholder Dividend and Crediting Interest
Philosophy
Applicable to All Participating Policies
We issue participating life policies, which offer the Policyholders with non-guaranteed dividends/bonuses including annual dividends, reversionary bonuses, terminal dividends and/or terminal bonuses. Annual dividends and reversionary bonuses are generally declared per annum, while terminal dividends and terminal bonuses are generally payable upon policy surrender, death of Insured or policy maturity.
Premium income received from the Policyholder is invested in an investment portfolio to support the participating Product Group. Through the policy dividends/bonuses declaration, the policyholders participate in the financial performance of the Product Group. Financial performance may be affected by both past experience and future outlook for all the factors including, but not limited to, investment performance of the underlying asset supporting the Product Group, expenses, persistency, and claims. The experience over the long-term is compared against expectation, and the non-guaranteed dividends/bonuses are adjusted if the experience over the long-term is different from the expectation.
Due to the variation of features and benefits of different products, the frequency and magnitude for the change in dividend/bonus may vary for different products. In general, the adjustments on dividends/bonuses are more frequent and significant for products with higher risk profile. Policies of the same product may be separated into different bucket with different dividend/bonus, with an aim to more closely reflect the underlying financial performance.
To stabilize the dividend/bonus, we may distribute a proportion of the financial performance in a particular year attributable to the Policyholder, with an aim to smooth out the short-term volatility of dividend/bonus over the course of the policy term. When future investment performance is worse than expected, the company’s shareholder may share less from the investment performance such that more may be allocated for dividend payment/bonus distribution, and vice versa.
The Board, having regard to the advice of the Appointed Actuary and reviewed by Risk and Investment Committee which must include one independent non-executive director, will review and determine the dividend/bonus at least once per year. The declared dividend/bonus may be different from those illustrated in the relevant product information provided, e.g. benefit illustrations. In case of any change in the actual dividend/bonus against the illustration or should there be a change in the projected future dividend, such change will be reflected in the policy anniversary statement and an updated Basic Plan Benefit Summary.
Applicable to All Universal Life policies
We issue universal life policies, which credit the Policyholders’ account with interest that is not guaranteed.
Premium income received from the Policyholder is invested in an investment portfolio to support the product. Through the crediting interest rate declaration that allows for the profit target of the Company and minimum guaranteed crediting interest rate, the Policyholder participates in the investment performance of the portfolio. The crediting interest rate declaration may be affected by both past experience and future outlook for all the factors including, but not limited to, market conditions, investment outlook, persistency and claims.
Due to the variation of features and benefits of different products, the frequency and magnitude for the change in crediting interest rate may vary for the different products. In general, the adjustments on crediting interest rate scale are more frequent and significant for products with higher risk profile.
To stabilize the crediting interest rate, we may distribute a proportion of the investment income in a particular year attributable to the Policyholder, with an aim to smooth out the short-term volatility of crediting interest rate over the course of policy term.
The Board, having regard to the advice of the Appointed Actuary and reviewed by Risk and Investment Committee which must include one independent non-executive director, will review and determine the crediting interest rate at least once per year. The declared crediting interest rate may be different from those illustrated in the relevant product information provided, e.g. benefit illustrations. In case of any change in the actual crediting interest rate against the illustration or should there be a change in the projected future crediting interest rates, such change will be reflected in the policy anniversary statement and an updated Basic Plan Benefit Summary.
The actual crediting interest rate will vary from time to time and will be subject to a minimum level if the product offers a guaranteed interest rate.
Investment Philosophy, Policy and Strategy
Applicable to All Participating Policies and
Universal Life Policies
Our investment philosophy is to deliver long-term stable return which is in line with the product and the Company’s business and financial objectives.
Our investment policy aims to achieve the targeted long-term investment results and reduce volatility in investment returns over time. It also aims to control and diversity risk exposures, maintaining adequate liquidity and manage the assets with respect to the product features.
Investment instruments include cash, deposits, sovereign bonds, corporate bonds, listed equities, funds, private investments and/or other investment products. Derivatives and other hedging instruments may be used to manage investment risk at the Company's decision based on its long-term market view and asset-liability positions. It should be noted that residual investment risk may still exist after hedging.
The asset portfolio also targets to provide diversification across different geographic regions (focus on the U.S., Europe and Asia Pacific markets) and industries to the extent the size of portfolio can support.
For fixed income investment, currency exposure of the underlying policies is mitigated by closely matching either through direct investments in the same currency denomination or the use of currency hedging instruments.
The asset portfolio is actively managed by investment professionals, who will also closely monitor the investment performance. The investment strategy may be subject to change depending on the investment views and economic outlook. In case of any changes in the investment strategy, we will inform our Owners for any material changes, rationale for the change and any impact to the Owners.
For participating policies, our current long-term target asset allocation attributed to individual products are as follows:
Product
Target Asset Mix
Fixed income type securities (investment
grade and non-investment grade)
Equity-like assets
Prime Treasure Savings Insurance Plan
50% - 90%
10% - 50%
"Prestige Plus" Insurance Plan
50% - 90%
10% - 50%
"Prestige Plus" Insurance Plan (attached with Value Enhance Option)
50% - 90%
10% - 50%
“MyFuture” Savings Insurance Plan
25% - 50%
50% - 75%
MyWealth Savings Insurance Plan 2 (Prestige)
25% - 50%
50% - 75%
MyWealth Savings Insurance Plan 2 (Premier)
25% - 50%
50% - 75%
MyWealth Savings Insurance Plan (Prestige)
25% - 50%
50% - 75%
MyWealth Savings Insurance Plan (Premier)
25% - 50%
50% - 75%
Wealth Gen Savings Insurance Plan
25% - 50%
50% - 75%
Glorious Times Savings Insurance Plan
25% - 50%
50% - 75%
"Value Plus" Insurance Plan (attached with Value Enhance Option)
The following are Fulfillment Ratios of non-guaranteed Annual Dividends, Reversionary Bonuses,
Terminal Dividends, Terminal Bonuses and policy value for products which have new policies
issued since 1 January 2010. The ratios are calculated up
to the respective policy anniversary in the current reporting year.
The fulfillment ratio for annual dividends is calculated as the ratio of aggregate actual
accumulated non-guaranteed annual dividends and interest at their respective policy anniversary in year 2023
against the respective illustration amounts at the point of sale for all relevant policies that
were in-force as of the end of year 2023.
The fulfillment ratio for reversionary bonuses is calculated as the ratio of aggregate actual
accumulated non-guaranteed reversionary bonuses at their respective policy anniversary in
relevant year against the respective illustrated amounts at the point of sale for all relevant
policies that were in-force as of the end of year 2023 and for all relevant policies actually
terminated in 2023. For avoidance of doubt, cash value of reversionary bonuses is used in the
calculation.
The fulfillment ratio for terminal dividends/bonuses is calculated as the ratio of aggregate
payout of terminal dividends/bonuses against the illustrated amounts at the point of sale for
all relevant policies actually terminated in 2023. Similarly, cash value of terminal bonuses is
used in the calculation. For avoidance of doubt, cash value of terminal bonuses is used in the calculation.
The fulfillment ratio for policy value is calculated as the ratio of aggregate payout of policy
value against the illustrated amounts at the point of sale for all relevant policies actually
terminated in 2023.
For the purpose of calculation of Fulfillment Ratios, it is assumed that:
All annual dividends (if any) and cash coupons (if any) declared are left with the company
for interest accumulation since policy issuance based on the relevant actual interest rates.
Premiums have been paid up to the end of policy year.
All guaranteed monthly incomes (if any) and non-guaranteed monthly incomes (if any) paid
are left with the Company for interest accumulation since policy issuance based on the
relevant actual interest rates.
There is no change in Sum Insured / Unit of the policy since policy issuance.
Fulfillment Ratios may not be applicable due to the following reason(s):
No relevant policy is in-force with the respective policy year as of current reporting
year(“No policy”).
The amount of accumulated annual dividends and interest/reversionary bonuses illustrated
at the point of sale up to the respective policy year as of current reporting year is
zero for the relevant policies(“Zero bonus”).
No terminal dividends/bonuses or policy value was paid in reporting year:
No terminal dividends/bonuses or policy value was entitled by the policy upon
the termination of the policy in the respective policy year(“Zero bonus”); and/or
No relevant policy was actually terminated in the respective policy year(“No termination”).
Please be reminded that the annual dividends, reversionary bonuses, terminal dividends/bonuses and
policy value history is not an indicator of future performance of our participating products.
Bright Future Insurance Plan/ Endless Love Insurance Plan/ Wealth Infinity
Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
No Termination
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Fortune 100 Insurance Plan - Life insurance with cash coupons (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Zero Bonus
100%
100%
100%
100%
100%
100%
100%
100%
100%
99%
Terminal Dividends
USD
Zero Bonus
Zero Bonus
100%
100%
100%
100%
100%
100%
100%
100%
No Termination
*Cash coupon is also known as cash endowment.
Fortune Saver Insurance Plan 3 (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Glorious Life (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
40%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
Policy Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
Glorious Life 33 / Glorious Life Endowment Special (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
40%
Policy Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
*Cash coupon is also known as cash endowment.
Dragon 88 Insurance Plan - Life insurance (participating)
*For "HealthCare 168 Plus" Critical Illness Protector, it is assumed that there is no
claim of living benefits since policy issuance.
Health@Ease Critical Illness Protector (Closed to sales) - Critical illness life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
100%
100%
No Termination
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "Health@Ease" Critical Illness Protector, it is assumed that there is no claim of
living benefits since policy issuance.
"IncomePro" Annuity Plan - Annuity (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
100%
100%
No Termination
No Termination
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "IncomePro" Annuity Plan, the fulfillment ratio is the ratio of actual to illustrated non-guaranteed components, including accumulated dividends, special bonus and interest, non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
"IncomePro" Annuity Plan (Single Premium) - Annuity (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
No Termination
No Termination
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "IncomePro" Annuity Plan (Single Premium), the fulfillment ratio is the ratio of actual to illustrated non-guaranteed components, including non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
"Joyful Life" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
100%
No Termination
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"MediSave" Medical Account - Medical life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "MediSave" Medical Account, it is assumed that there is no claim of hospital &
surgical benefits since policy issuance.
@MyLove Insurance Plan II - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
MyWealth Savings Insurance Plan (Premier) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Reversionary Bonus
USD
No policy has
reached the first policy anniversary and thus no Fulfillment Ratios are shown.
HKD
CNY
Terminal Bonus
USD
No policy has
reached the first policy anniversary and thus no Fulfillment Ratios are shown.
HKD
CNY
MyWealth Savings Insurance Plan (Prestige) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Reversionary Bonus
USD
No policy has
reached the first policy anniversary and thus no Fulfillment Ratios are shown.
HKD
CNY
Terminal Bonus
USD
No policy has
reached the first policy anniversary and thus no Fulfillment Ratios are shown.
HKD
CNY
"On Your Mind" Insurance Plan - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Reversionary Bonus
USD
Zero Bonus
Zero Bonus
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Bonus
USD
Zero Bonus
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Prosperous Deferred Annuity Plan 2 - Annuity (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For Prosperous Deferred Annuity Plan 2, the fulfillment ratio is the ratio of actual to illustrated non-guaranteed components, including non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
ComboPro Insurance Plan (Closed to sales) - Critical illness life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Special Bonus
USD
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For ComboPro Insurance Plan, it is assumed that there is no claim of living benefits
since policy issuance.
Compass Target Saving Plan / "Smart" Target Saving Plan / "Dragon Leap" Target Saving Plan (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
82%
83%
85%
84%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Policy
78%
76%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
96%
65%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Policy
30%
22%
*Cash coupon is also known as cash endowment.
Easy Life Saving Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
96%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
67%
68%
72%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
89%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Termination
80%
31%
Enhanced Medical Rider (Closed to sales) - Medical Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
*For Enhanced Medical Rider, it is assumed that there is no claim of hospital & surgical benefits since policy issuance.
Everlasting Whole Life (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
94%
92%
92%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
73%
71%
74%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
81%
81%
81%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
56%
52%
22%
Policy Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
Regent Insurance Plan 2 (Global Premier) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan 2 (Global Prestige) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan 2 (Premier Version) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Prime Insurance Plan II (Premier) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Reversionary Bonus
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Bonus
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"Value Plus" Insurance Plan - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
No policy has
reached the first policy anniversary and thus no Fulfillment Ratios are shown.
Terminal Dividends
USD
"Value Plus" Insurance Plan (attached with Value Enhance Option) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
No policy has
reached the first policy anniversary and thus no Fulfillment Ratios are shown.
Terminal Dividends
USD
Regent Elite Insurance Plan II (Premier) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Reversionary Bonus
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Bonus
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"RewardPro" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Zero Bonus
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Zero Bonus
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent insurance plan 3 (Prestige) - Life insurance (participating)
"EXTRA" Income Plan (Closed to sales) - Annuity (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
98%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
*For "EXTRA" Income Plan, the fulfillment ratio is the ratio of actual to illustrated non-guaranteed components, including accumulated dividends and interest, non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
"Forever Health" Critical Illness Insurance Plan (Closed to sales) - Critical illness life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
97%
68%
*For "Forever Health" Critical Illness Insurance Plan, it is assumed that there is no claim of living benefits under both basic plan and Advance Care Protector (if any) since policy issuance.
Fortune Saver Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Fortune Saver Insurance Plan II (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Glorious Protection Insurance Plan (Closed to sales) - Endowment (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"HealthCare 100" Critical Illness Protector (Closed to sales) - Critical illness life
insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
*For "HealthCare 100" Critical Illness Protector, it is assumed that there is no claim of
living benefits since policy issuance.
"HealthCare 168" Critical Illness Protector (Closed to sales) - Critical illness life
insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
*For "HealthCare 168" Critical Illness Protector, it is assumed that there is no claim of
living benefits since policy issuance.
"HealthCare 168" Critical Illness Protector 2 (Closed to sales) - Critical illness life
insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "HealthCare 168" Critical Illness Protector 2, it is assumed that there is no claim
of living benefits since policy issuance.
"Healthy Senior" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
60%
62%
65%
66%
66%
67%
Terminal Dividends
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
No Termination
80%
No Termination
No Termination
32%
Policy Value
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
No Termination
No Termination
No Termination
No Termination
100%
Leisure Life Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Policy
No Policy
No Policy
62%
68%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
100%
82%
50%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Policy
No Policy
No Policy
No Termination
32%
Policy Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
100%
100%
100%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Policy
No Policy
No Policy
No Termination
100%
LifeCare Medical Account Series (Closed to sales) - Medical life insurance
(participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
105%
105%
105%
105%
105%
105%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
105%
105%
105%
96%
42%
*For LifeCare Medical Account Series, it is assumed that there is no claim of hospital &
surgical benefits since policy issuance.
@MyLove Insurance Plan I (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
100%
100%
No Termination
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Prosperous Deferred Annuity Plan (Closed to sales) - Annuity (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For Prosperous Deferred Annuity Plan, the fulfillment ratio is the ratio of actual to illustrated non-guaranteed components, including non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
Regal Premier Saver (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Zero Bonus
Zero Bonus
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
No Termination
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan (Issued on or before 16/12/2016) (Closed to sales) - Life
insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
122%
115%
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan (Issued on or after 17/12/2016) (Closed to sales) - Life
insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
104%
135%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Remarks:
1. For Regent Insurance Plan issued on or before 16/12/2016, the actual accumulated annual
dividend and interest in policy year 7 and 8 is significantly higher than that
illustrated with the reason that annual dividends have been paid to these policies in
the first 2 policy years despite the illustrated accumulated annual dividend and
interest at point of sale was zero in policy years 1 and 2 respectively.
"Regent · Premier" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"Regent · Prestige" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
No Termination
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Prime Insurance Plan (Premier) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Reversionary Bonus
USD
100%
100%
100%
101%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Bonus
USD
No Termination
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Elite Insurance Plan (Premier) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Reversionary Bonus
USD
Closed to Sales
100%
100%
101%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Terminal Bonus
USD
Closed to Sales
No Termination
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Success Pay Life Saving Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
100%
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
100%
100%
100%
100%
100%
98%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
100%
100%
88%
61%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Termination
100%
100%
100%
100%
40%
"Super Kid" Children's Educational Fund (Closed to sales) - Endowment with cash coupons
and guaranteed insurability option at maturity (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
100%
100%
99%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
Zero Bonus
Zero Bonus
60%
60%
60%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
100%
100%
100%
100%
70%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
80%
No Termination
80%
No Termination
32%
*Cash coupon is also known as cash endowment.
Superior Life Insurance Plan (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
70%
70%
70%
70%
58%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
No Termination
No Termination
100%
35%
*Cash coupon is also known as cash endowment.
TG Life Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
100%
100%
100%
100%
97%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Zero Bonus
No Termination
No Termination
No Termination
No Termination
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
Zero Bonus
No Termination
Zero Bonus
No Termination
40%
Policy Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
No Termination
No Termination
No Termination
No Termination
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
100%
No Termination
100%
No Termination
100%
TopLife Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
71%
76%
77%
86%
83%
86%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
78%
82%
81%
82%
79%
59%
"Wise Choice" Lady Protection Plan (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Fulfillment Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Annual Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
Terminal Dividends
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Termination
*Cash coupon is also known as cash endowment.
Total Cash Value Ratio
The following are total cash value ratios for products which have new policies issued since 1 January 2010. The total cash value ratios are
calculated up to the respective policy anniversary in the current reporting year.
The total cash value ratio is calculated as the ratio of aggregate actual total cash values
at their respective policy anniversary in year 2023 against the respective illustration
amounts at the point of sale for all relevant policies that were in-force as of the end of
year 2023. Total cash value includes both guaranteed benefits (cash value, cash coupons) and
non-guaranteed benefits (policy value, interest of cash coupons, annual dividends and interest/cash
value of reversionary bonuses, terminal dividends/cash value of terminal bonuses).
Some of the non-guaranteed benefits (for example the policy value, terminal dividends/cash value of terminal bonuses) are
only available upon termination of policy. Before a policy is actually terminated, this
amount is still not guaranteed, and we have the right to increase or decrease the amount
subsequently from time to time at our discretion. When we calculate the total cash value
ratio, we include only policies that have not been terminated and hence the total cash value
in the calculation has not been paid.
For the purpose of calculation of total cash value ratios, it is assumed that:
All annual dividends (if any) and cash coupons (if any) declared are left with the company for
interest accumulation since policy issuance based on the relevant actual interest rates.
Premiums have been paid up to the end of policy year.
All guaranteed monthly incomes (if any) and non-guaranteed monthly incomes (if any) paid
are left with the Company for interest accumulation since policy issuance based on the
relevant actual interest rates.
There is no change in Sum Insured / Unit of the policy since policy issuance.
Total cash value ratios may not be applicable due to the following reason(s):
No relevant policy is in-force with the respective policy year as of current reporting
year(“No policy”).
The amount of non-guaranteed benefits (policy value, interest of cash coupons, annual dividends
and interest/cash value of reversionary bonuses, terminal dividends/cash value of terminal bonuses)
illustrated at the point of sale up to the respective
policy year as of current reporting year is zero for the relevant policies(“Zero bonus”).
Please be reminded that the total cash value history is not an indicator of future performance
of our participating products.
Bright Future Insurance Plan/ Endless Love Insurance Plan/ Wealth Infinity Insurance
Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Fortune 100 Insurance Plan - Life insurance with cash coupons (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
100%
100%
100%
100%
100%
100%
100%
100%
100%
99%
*Cash coupon is also known as cash endowment.
Fortune Saver Insurance Plan 3 (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Glorious Life (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
90%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
88%
Glorious Life 33 / Glorious Life Endowment Special (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
97%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
91%
*Cash coupon is also known as cash endowment.
Dragon 88 Insurance Plan - Life insurance (participating)
*For "HealthCare 168 Plus" Critical Illness Protector, it is assumed that there is no
claim of living benefits since policy issuance.
Health@Ease Critical Illness Protector (Closed to sales) - Critical illness life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "Health@Ease" Critical Illness Protector, it is assumed that there is no claim of
living benefits since policy issuance.
"IncomePro" Annuity Plan - Annuity (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "IncomePro" Annuity Plan, the total cash value ratio is the ratio of actual to illustrated guaranteed and non-guaranteed components. Guaranteed components include guaranteed cash value and guaranteed monthly incomes. Non-guaranteed components include accumulated dividends, special bonus and interest, non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
"IncomePro" Annuity Plan (Single Premium) - Annuity (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "IncomePro" Annuity Plan (Single Premium), the total cash value ratio is the ratio of actual to illustrated guaranteed and non-guaranteed components. Guaranteed components include guaranteed cash value and guaranteed monthly incomes. Non-guaranteed components include non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
"Joyful Life" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"MediSave" Medical Account - Medical life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
Zero Bonus
Zero Bonus
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "MediSave" Medical Account, it is assumed that there is no claim of hospital & surgical benefits since policy issuance.
@MyLove Insurance Plan II - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
MyWealth Savings Insurance Plan (Premier) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
*No policy has reached the
first policy anniversary and thus no Total Cash Value Ratio is shown.
HKD
CNY
MyWealth Savings Insurance Plan (Prestige) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
*No policy has reached the
first policy anniversary and thus no Total Cash Value Ratio is shown.
HKD
CNY
"On Your Mind" Insurance Plan - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
Zero Bonus
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Prosperous Deferred Annuity Plan 2 - Annuity (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For Prosperous Deferred Annuity Plan 2, the total cash value ratio is the ratio of actual to illustrated guaranteed and non-guaranteed components. Guaranteed components include guaranteed cash value and guaranteed monthly incomes. Non-guaranteed components include non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
ComboPro Insurance Plan (Closed to sales) - Critical illness life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For ComboPro Insurance Plan, it is assumed that there is no claim of living benefits
since policy issuance.
Compass Target Saving Plan / "Smart" Target Saving Plan / "Dragon Leap" Target Saving Plan (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
99%
99%
99%
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Policy
98%
97%
*Cash coupon is also known as cash endowment.
Easy Life Saving Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
97%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
96%
95%
82%
Enhanced Medical Rider (Closed to sales) - Medical Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
*For Enhanced Medical Rider, it is assumed that there is no claim of hospital & surgical benefits since policy issuance.
Everlasting Whole Life (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
97%
97%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
95%
94%
92%
Regent Insurance Plan 2 (Global Premier) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan 2 (Global Prestige) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
Zero Bonus
Zero Bonus
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan 2 (Premier Version) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Prime Insurance Plan II (Premier) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"Value Plus" Insurance Plan - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
*No policy has reached the
first policy anniversary and thus no Total Cash Value Ratio is shown.
"Value Plus" Insurance Plan (attached with Value Enhance Option) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
*No policy has reached the
first policy anniversary and thus no Total Cash Value Ratio is shown.
Regent Elite Insurance Plan II (Premier) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"RewardPro" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent insurance plan 3 (Prestige) - Life insurance (participating)
*For "Protect Starter" Critical Illness Protector, it is assumed that there is no claim
of living benefits since policy issuance.
Everglow 128 Insurance Plan - Life insurance with cash coupons (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*Cash coupon is also known as cash endowment.
Everglow TGT Insurance Plan - Life insurance with cash coupons (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
*No policy has reached the
first policy anniversary and thus no Total Cash Value Ratio is shown.
*Cash coupon is also known as cash endowment.
Regent Insurance Plan 2 (Prestige Version) (Closed to sales) - Life insurance
(participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Signature Life Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
"Smiley Kid" Critical Illness Insurance Plan (Closed to sales) - Critical illness
endowment (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Zero Bonus
100%
Zero Bonus
103%
101%
101%
101%
101%
100%
100%
100%
HKD
No Policy
100%
103%
100%
100%
101%
101%
101%
100%
100%
100%
"EXTRA" Income Plan (Closed to sales) - Annuity (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
99%
*For “EXTRA” Income Plan, the total cash value ratio is the ratio of actual to illustrated guaranteed and non-guaranteed components. Guaranteed components include guaranteed cash value, special bonus and guaranteed monthly incomes. Non-guaranteed components include accumulated dividends and interest, non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
"Forever Health" Critical Illness Insurance Plan (Closed to sales) - Critical illness life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
99%
86%
*For "Forever Health" Critical Illness Insurance Plan, it is assumed that there is no claim of living benefits under both basic plan and Advance Care Protector (if any) since policy issuance.
Fortune Saver Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Fortune Saver Insurance Plan II - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Glorious Protection Insurance Plan (Closed to sales) - Endowment (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"HealthCare 100" Critical Illness Protector (Closed to sales) - Critical illness life
insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
*For "HealthCare 100" Critical Illness Protector, it is assumed that there is no claim of
living benefits since policy issuance.
"HealthCare 168" Critical Illness Protector (Closed to sales) - Critical illness life
insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Zero Bonus
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
*For "HealthCare 168" Critical Illness Protector, it is assumed that there is no claim of
living benefits since policy issuance.
"HealthCare 168" Critical Illness Protector 2 (Closed to sales) - Critical illness life
insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Zero Bonus
Zero Bonus
Zero Bonus
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For "HealthCare 168" Critical Illness Protector 2, it is assumed that there is no claim
of living benefits since policy issuance.
"Healthy Senior" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
97%
98%
98%
98%
96%
87%
Leisure Life Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
97%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
No Policy
No Policy
No Policy
96%
96%
LifeCare Medical Account Series (Closed to sales) - Medical life insurance
(participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
101%
101%
102%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
99%
79%
*For LifeCare Medical Account Series, it is assumed that there is no claim of hospital &
surgical benefits since policy issuance.
@MyLove Insurance Plan I (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Prosperous Deferred Annuity Plan (Closed to sales) - Annuity (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
*For Prosperous Deferred Annuity Plan, the total cash value ratio is the ratio of actual to illustrated guaranteed and non-guaranteed components. Guaranteed components include guaranteed cash value and guaranteed monthly incomes. Non-guaranteed components include non-guaranteed monthly incomes, interest on both accumulated guaranteed monthly incomes and accumulated non-guaranteed monthly incomes, and terminal dividend (if any).
Regal Premier Saver (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Zero Bonus
100%
100%
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan (Issued on or before 16/12/2016) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Regent Insurance Plan (Issued on or after 17/12/2016) (Closed to sales) - Life insurance
(participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"Regent · Premier" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
"Regent · Prestige" Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Prime Insurance Plan (Premier) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
100%
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Regent Elite Insurance Plan (Premier) (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
100%
100%
100%
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Not yet launched
Success Pay Life Saving Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
100%
94%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
100%
100%
100%
100%
99%
86%
"Super Kid" Children's Educational Fund (Closed to sales) - Endowment with cash coupons
and guaranteed insurability option at maturity (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
96%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
99%
99%
99%
98%
93%
*Cash coupon is also known as cash endowment.
Superior Life Insurance Plan (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
98%
98%
99%
95%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
99%
94%
*Cash coupon is also known as cash endowment.
TG Life Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
100%
100%
100%
100%
100%
93%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
No Policy
100%
100%
100%
100%
84%
TopLife Insurance Plan (Closed to sales) - Life insurance (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
96%
97%
97%
98%
98%
98%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
98%
98%
98%
98%
98%
94%
"Wise Choice" Lady Protection Plan (Closed to sales) - Life insurance with cash coupons (participating)
Type
Policy Currency
Total Cash Value Ratios for Reporting Year 2023
Policy Year (Policy Effective in)
1 (2022)
2 (2021)
3 (2020)
4 (2019)
5 (2018)
6 (2017)
7 (2016)
8 (2015)
9 (2014)
10 (2013)
11+ (On or Before 2012)
Total Cash Value
USD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
97%
HKD
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
Closed to Sales
96%
*Cash coupon is also known as cash endowment.
Historical crediting interest rates
The following are historical crediting interest rates for each universal life product which
has new policies issued since 1 January 2010.
Please be reminded that the historical crediting interest rate is not an indicator of future
performance of our universal life products.
"Elite Choice" Insurance Plan (Closed to Sales)
Currency (for Currency Account)
Historical Crediting Interest Rates
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
AUD
3.50%
3.50%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
3.00%
3.00%
3.00%
3.00%
CNY
3.00%
3.25%
3.50%
3.50%
3.50%
3.50%
3.50%
3.50%
2.80%
2.80%
2.80%
2.80%
HKD
1.00%
1.00%
1.50%
1.50%
1.50%
1.50%
1.50%
1.50%
1.50%
1.50%
1.50%
1.50%
USD
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
2.00%
Remark:
"Elite Choice" Insurance Plan was launched on 22
September 2012.
Interest will be credited on
any value withdrawn or deducted from the policy account
before the end of each calendar year at 1% p.a.
currently for all currency accounts. Such interest rate
may vary from time to time. Before the end of year 2016,
such interest rate is 0%.
"Wealth Achiever" Universal Life Plan
(Closed to Sales)
Historical Crediting Interest Rates
Date on which policy anniversary
falls
From 18-07-16 to 31-12-17
From 01-01-18 to 31-12-18
From 01-01-19 to 31-12-19
From 01-01-20 to 31-12-20
From 01-01-21 to 31-12-21
From 01-01-22 to 31-12-22
From 01-01-23 to 31-12-23
Applicable crediting interest rate
in past policy year
4.76%
4.71%
4.02%
4.00%
3.80%
3.80%
3.80%
Remark :
1. “Wealth Achiever”
Universal Life Plan was launched on 18 July 2016.
2.
The crediting interest rates shown are calculated before
applying any relevant policy charges (e.g. policy
administration fee).
3. Please refer to your
anniversary statement or contact your consultant for the
crediting interest rates applicable to your policy.
Interim
crediting interest rate is 2% p.a. since product launch.
Such interest rate may vary from time to time.
"Wealth Achiever" Universal Life Plan II
(Closed to Sales)
Historical Crediting Interest Rates
Date on which policy anniversary
falls
From 01-09-17 to 31-12-20
From 01-01-21 to 31-12-21
From 01-01-22 to 31-12-22
From 01-01-23 to 31-12-23
Applicable crediting interest rate
in past policy year
4.20%
3.99%
3.87%
3.80%
Remark:
1. “Wealth Achiever” Universal Life Plan II
was launched on 1 September 2017.
2. The crediting interest rates shown are calculated before applying any relevant policy charges (e.g. policy administration fee).
3. Please refer to your anniversary statement or contact your consultant for the crediting interest rates applicable to your policy.
Interim crediting interest rate is 2% p.a. since product launch. Such interest rate may vary from time to time.
"Wealth Achiever" Universal Life Protection
Plan (Closed to Sales)
Account Layer
Historical Crediting Interest Rates
Date on which policy anniversary
falls
From 24-10-16 to 31-12-18
From 01-01-19 to 31-12-19
From 01-01-20 to 31-12-20
From 01-01-21 to 31-12-21
From 01-01-22 to 31-12-22
From 01-01-23 to 31-12-23
Applicable crediting interest rate
in past policy year
Basic Account Layer
4.50%
4.45%
4.17%
4.00%
4.00%
4.00%
Top-up Account Layer
No policy
No policy
No policy
No policy
No policy
No policy
Remark:
1. “Wealth Achiever”
Universal Life Protection Plan was launched on 24
October 2016.
2. The crediting interest rates
shown are calculated before applying any relevant policy
charges (e.g. insurance charge and administration
fee).
3. The crediting interest rates may not
be applicable due to no relevant policy is in-force with
the respective account layer as of current reporting
year(“No Policy”).
4. Please refer to your anniversary
statement or contact your consultant for the crediting
interest rates applicable to your policy.
"Gorgeous" Universal Life Protection Plan
Applicable crediting interest rate
in past policy year
Account Layer
Historical Crediting Interest Rates
Date on which policy anniversary falls
From 01-02-19 to 31-12-20
From 01-01-21 to 31-12-21
From 01-01-22 to 31-12-22
From 01-01-23 to 31-12-23
"Gorgeous" Universal Life Protection
Plan (Single Premium)
Basic Account Layer
4.80%
4.70%
4.40%
4.30%
Top-up Account Layer
No policy
No policy
No policy
No policy
"Gorgeous" Universal Life Protection Plan (Limited Pay)
Basic Account Layer
4.30%
4.30%
4.30%
4.30%
Top-up Account Layer
No policy
No policy
No policy
No policy
Remark:
1. “Gorgeous” Universal
Life Protection Plan was launched on 1 February 2019.
2.
The full year crediting interest on the planned premium
of the first policy year was credited to the basic
account in one lump sum upon the payment of the planned
premium and the above crediting rates refer to the rates
used to credit the full year crediting interest in the
first policy year. Interests for the top-up account and
the basic account (from the second policy year onwards)
will be calculated on a daily accrual basis and credited
to the relevant accounts on each policy anniversary
until the insured reaches 120 years of age.
3.
The crediting interest rates shown are calculated before
applying any relevant policy charges (e.g. insurance
charge and administration fee).
4. The
crediting interest rates may not be applicable due to no
in-force relevant policy is with the respective account
layer as of current reporting year(“No Policy”).
5. Please
refer to your anniversary statement or contact your
consultant for the crediting interest rates applicable
to your policy.
Premium Levy
From 1 January 2018, the Insurance Authority (IA) will
start collecting a premium levy from policy holders in
accordance with the law. The levy rate will start at
0.04% of the insurance premium per policy year and
increase gradually to 0.1%. The amount of the levy
imposed on each policy will be subject to a cap.
Policy
holders of all new or in-force life insurance policies
must pay the levy along with their premium payment. The
IA will collect the levy from policy holders via the
insurance companies, including CTF Life.
In
Phase 1 (1 January 2018 to 31 March 2019), for life
insurance policies with single or annualised premiums at
or above HK$100,000, policy holders will pay only HK$40
at most per policy year. Details of the levy rates and
caps are set out below:
Phase 1
Phase 2
Phase 3
Phase 4
1 January 2018 to 31 March 2019
1 April 2019 to 31 March 2020
1 April 2020 to 31 March 2021
1 April 2021 onwards
Levy rate
0.04%
0.06%
0.085%
0.1%
Premium levy cap
Life insurance
$40
$60
$85
$100
Please note that if the currency of the policy is not arranged in HK dollars (e.g, US dollar or
RMB), the premium levy will be also collected according to the policy currency.
For details of premium levy, please refer to our FAQ which has been posted in our website or you
can contact our Customer Service Hotline at 2866-8898 for enquiries.