Perpetual Life Series

• Under the Perpetual Life Series, you enjoy genuine lifelong protection, meaning that your policy will never expire.
• The Joint Life Option offers insurance coverage to two insured individuals (who are married couples) under the same policy. Only upon the passing of both insured individuals will the death benefit be paid, i.e. on a second death basis. This arrangement offers three key advantages:
• True legacy planning: Rest assured that legacy will be passed directly to the next generation without disrupting financial stability.
• Leveraging different underwriting factors: The earning capacity and state of health of both individuals are underwritten in tandem, allowing a Joint Life policy to cover a couple with different financial and health conditions.
• More economical premium rate: The premium rate for two lives under one policy, on a second death basis, is lower than taking out two individual policies that equally share the same level of protection under the same plan.
• To address additional liquidity needs once you’re into retirement, you can opt to receive the pay-out from your Perpetual Life Series policy (for Single Life policy only) in the form of annuity payments by converting all or part of the Surrender Value, giving you a secure source of extra income.
• The Perpetual Life Series offers settlement options for allocating the death benefit to your beneficiary(ies), giving you a large degree of control over the management of your legacy.
• The Perpetual Life Series builds on your legacy through guaranteed cash value and non-guaranteed dividends.

This webpage is for general reference only and should not be regarded as professional advice, recommendation and it is not part of the policy. It provides an overview of the key features of the product and should be read along with other materials which cover additional information about the product. Such materials include, but not limited to, product brochure that contains key product risks, policy provisions that contain exact terms and conditions, benefit illustrations (if any) and other policy documents and other relevant marketing materials, which are all available upon request. You might also consider seeking independent professional advice if needed.

The above information shall not be construed as an offer to sell, solicitation or persuasion to buy or provision of any of our products outside Hong Kong. For further information, please contact your Chubb Life Hong Kong Insurance Consultant or call our Customer Service Center Hotline at (852) 2894 9833.

The “Chubb Life Hong Kong”, “Company”, “we”, or “our” herein refers to  Chubb Life Insurance Hong Kong Limited.

Dividend / Bonus Philosophy, Investment Philosophy, Policy and Strategy,  and Historical Fulfillment Ratios