Enjoy worry free protection for you and your loved ones throughout all life stages with Well Protect Whole Life Insurance Plan ('the Plan'). Savour your well-earned peace of mind regardless of life-changing events with the Plan, which provides coverage up to age 100, while offering an accumulated return with a competitive premium.
Product Type:
Basic plan
Premium Payment Term and Issue Age:
5 years: Age 0 (15 Days) to age 65
10 years: Age 0 (15 Days) to age 60
15 years: Age 0 (15 Days) to age 55
20 years: Age 0 (15 Days) to age 60
Minimum Sum Insured:
US$30,000
Benefit Term:
To age 100
Premium Payment Mode:
Monthly / Annual
Policy Currency:
USD
Annual Dividend (Non-guaranteed):
This policy is a participating policy and is entitled to share in the divisible surplus of the Company. While the policy is in force, Annual Dividend (if any) will be payable annually from the 2nd Policy Anniversary. Annual Dividends are not guaranteed. You may elect to receive the Annual Dividends (if any), by one of the following dividend options:
Option 1: paid in cash
Option 2: left with the Company to accumulate at interest rate as may be determined by the Company from time to time.
Terminal Dividend (Non-guaranteed):
Terminal Dividend, if any, shall be payable on or after the 5th Policy Anniversary upon the first occurrence of the following events:
(i) the death of the Life Insured; or
(ii) the surrender of the policy; or
(iii) the policy reaches the maturity date
Terminal Dividend, if any, is paid once only and shall be determined by the Company in its discretion. It is not guaranteed and may be zero.
Death Benefit:
Shall equal to:
(i) Sum Insured at time of Life Insured's death; plus
(ii) accumulated Annual Dividend with interest, if any; plus
(iii) Terminal Dividend, if any; less
(iv) any indebtedness.
Maturity Benefit / Surrender Benefit:
Shall equal to:
(i) guaranteed cash value; plus
(ii) accumulated Annual Dividend with interest, if any; plus
(iii) Terminal Dividend, if any; less
(iv) 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. For enquiries, please contact our Insurance Consultants, or call our Customer Service Hotline at +852 2830 7500.
