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Own your retirement

Annuity

Plan ahead to master your own retirement life.

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Product Overview

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BOC Life Deferred Annuity (Fixed Term)

  • Qualifying Deferred Annuity Policy
  • Enjoy 10 years Guaranteed Monthly Annuity Income upon 5 years premium payment
  • 15 years and 20 years policy term options to meet your needs
  • Multiple options of policy currency catering to your financial needs
  • Easy and convenient application with no medical examination
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BOC Life Deferred Annuity (Lifetime)

  • Qualifying Deferred Annuity Policy
  • Lifelong Guaranteed Monthly Annuity Income payable from Insured’s age of 60 to enjoy care-free retirement
  • Potential returns for your wealth accumulation
  • Various premium payment terms and multiple options of policy currency
  • Easy and convenient application with no medical examination

 

 

 

  • Optional Protection
    • Supplementary Riders
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IncomeGrowth Annuity Insurance Plan

  • Guaranteed Annuity Payments to achieve various financial goals with ease
  • Life protection to protect your beloved
  • Additional Accidental Death Benefit for extra protection and peace of mind
  • Easy and convenient application with no medical examination
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Smart Immediate Annuity Plan

  • Immediate enjoyment of  Guaranteed Monthly Income upon single-pay premium for carefree retirement
  • Lifetime payment of Guaranteed Monthly Income at your choice as lifteime income
  • Guaranteed Monthly Bonus and potential returns for your wealth accumulation
  • Lifestage Bonus to accompany different experiences of your life journey
  • Survivorship Option for flexible legacy planning
  • Easy and convenient application with no medical examination
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SmartRetire Annuity Insurance Plan

  • Guaranteed Monthly Income payable starting from Insured’s age of 65 for carefree retirement
  • Potential returns for your wealth accumulation
  • Premium Special Arrangement for flexible financial arrangement
  • Retirement Fund Payout Option to meet your changing retirement needs
  • Easy and convenient application with no medical examination
  • Optional Protection
    • Supplementary Riders

Tax Savings Calculator

Estimate your tax savings in the current tax assessment period.

Your Qualifying Deferred Annuity Policy^

Taxpayer

HKD

Please take note of the minmum premium requirement of relevant Qualifying Deferred Annuity Policy (QDAP)

Your VHIS Plan*

Person(s)
HKD

Tax Rate

2%17%
[[ taxRate ]]%

Estimated amount of tax saved

HKD$[[ numeral(Math.round( ((amount > (60000 * taxPayer) ? (60000 * taxPayer) : (1 * amount)) + (paying > (8000 * target) ? (8000 * target) : (1 * paying))) * taxRate/100 )).format('0,0') ]]
^ The Qualifying Deferred Annuity Policy ("QDAP") has to be certified by Insurance Authority ("IA"). Further information on tax concessions applicable to QDAP may be found at the website of IA www.ia.org.hk.
* Applicable to certified VHIS-compliant Plan for tax deduction. For details of tax deductions, please refer to the website of VHIS (www.vhis.gov.hk) or Inland Revenue Department of HKSAR ("IRD") (www.ird.gov.hk).
# Please note that the maximum amount of tax deduction for qualifying premium of QDAP and voluntary contribution of MPF in aggregate is capped at HKD60,000 per taxpayer per year.
The amount of the estimated tax concession of the above tax savings calculator is computed according to the information that you have entered. It is for your reference only and does not constitute tax advice. For details, please consult IRD or other relevant organizations. You must also meet all the eligibility requirements set out under the Inland Revenue Ordinance and any guidance issued by the IRD before you can claim these tax deductions.  Any general tax information provided is for your reference only, and you should not make any tax-related decisions based on such information alone. You should always consult with a professional tax advisor if you have any doubts. Please note that the tax law, regulations or interpretations are subject to change and may affect related tax benefits including the eligibility criteria for tax deduction. BOC Group Life Assurance Company Limited does not take any responsibility to inform you about any changes in the laws and regulations or interpretations, and how they may affect you.