Set up your financial accumulation plan early to grow the long-term return. Well Link Life's Target Saving Pro (‘the Plan’) provides guaranteed cash value, non-guaranteed terminal dividend and life protection. The Plan helps you reach the medium to long term savings goal at ease and build a prosperous future.
Product Type
Basic Plan
Issue Age
Age 0 (15 days) to Age 80
Minimum Premium
USD12,500/ HKD100,000
Benefit Term
20 Years/ 25 Years
Premium Payment Term
Single
Policy Currency
HKD/ USD
Terminal Dividend
Terminal dividend (if any) shall be payable on or after the 6th policy anniversary upon the first occurrence of any of the following events:
1) the death of the life insured; or
2) the surrender of the policy; or
3) at policy maturity.
The terminal dividend is paid once only and shall be determined by the company in its absolute discretion. The terminal dividend is not guaranteed and may be zero.
Death Benefit
Death Benefit shall equal to:
1. the higher of:
(a) 102% of the total premiums paid at the date of life insured's death, provided that if life insured is covered by one or more policies under the Well Link Life's Endowment Plan Series, the total amount of 102% total premium paid of all policies under the Endowment Plan Series for each life insured should not exceed 100% of total premiums paid as at the date of life insured's death plus HKD100,000/ USD12,500 (or the higher thereof in case of a combination of USD- and HKD-denominated policies).; or
(b) the guaranteed cash value at the date of life insured's death ; plus
2. terminal dividend, if any; less
3. any indebtedness.
Surrender Benefit/ Maturity Benefit
Surrender Benefit/ Maturiy Benefit shall equal to:
1. Guaranteed cash value at time of surrender or on maturity date; plus
2. terminal dividend, if any; less
3. any indebtedness.
Note：
1. This plan is underwritten by Well Link Life Insurance Company Limited.
2. The above content contains general information for reference only and does not form part of the policy. Please refer to the policy document for benefit coverage and exact terms and conditions.
