Chubb MyLegacy Insurance Plan V
Chubb MyLegacy Insurance Plan V (“Chubb MyLegacy V”) is a participating whole life policy thoughtfully crafted to meet your long-term financial ambitions. It empowers you to accumulate wealth through guaranteed and potential returns, while providing the liquidity you need to navigate life's unexpected challenges. Most importantly, it structures a legacy that reflects your values and vision.
Plan Highlights
Structured wealth accumulation through both guaranteed and potential returns
Provide 3 sources of wealth growth, namely guaranteed Cash Value and non-guaranteed Reversionary Bonus and Terminal Bonus.
Flexible withdrawal with a range of options
Offer Cash Withdrawal and Standby Regular Withdrawal Instruction to withdraw your funds when necessary.
Steady retirement income with annuity option
You may convert all or part of the applicable Withdrawal Amount, Partial Surrender Value or Surrender Value into annuity income payments.
Thoughtful legacy planning with flexible multi-generational tools
- Change of Insured
- Naming Successor Insured Option
- Naming a Successor Owner
- Conversion of Partial Surrender Value
Life Insurance Proceeds Settlement Option to pass on your assets on your terms
- Lump sum payment
- Full payment or partial payment by installments
- Policy Continuation Option
Lifetime protection with meaningful giving
- Life protection up to Age 120
- You can have the flexibility to designate the Policy Beneficiary(ies) according to your wishes, whether they are family members, life partners, loved ones or Charity(ies).
Premium Holiday to ease the burdens during your financial difficulties
You can apply for a Premium Holiday for up to 2 Policy Years after the 1st Policy Anniversary.
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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.