BOC Life Deferred Annuity Plan Customer Promotion
01 April 2020
BOC Life Deferred Annuity Plan Customer Offer - First Year Premium Discount Offer for "SmartUp Plus Whole Life Insurance Plan" or "SmartGuard Critical Illness Plan"
From 1 April 2020 until 30 June 2020, Financial Consultants' customers or selected Bank customers who are the customers of BOC Life Deferred Annuity Plan (Fixed Term) and/or BOC Life Deferred Annuity Plan (Lifetime) may enjoy the first year premium discount upon successful enrollment in "SmartUp Plus Whole Life Insurance Plan" or "SmartGuard Critical Illness Plan".
SmartUp Plus Whole Life Insurance Plan
Policy Currency | First Year Premium^ requirement for Basic Plan | First Year Premium Discount Rate for the basic plan and the supplementary rider(s) attached (if any) | |
---|---|---|---|
Premium Payment Term | |||
5 Years | 10 Years | ||
RMB | 320,000 to below 800,000 | 3.00% | 6.00% |
800,000 to below 1,600,000 | 4.00% | 7.00% | |
1,600,000 or above | 5.00% | 8.00% | |
HKD | 400,000 to below 1,000,000 | 3.00% | 6.00% |
1,000,000 to below 2,000,000 | 4.00% | 7.00% | |
2,000,000 or above | 5.00% | 8.00% | |
USD | 5,000 to below 12,500 | 3.00% | 5.00% |
12,500 to below 50,000 | 4.00% | 6.00% | |
50,000 to below 125,000 | 5.00% | 7.00% | |
125,000 to below 250,000 | 6.00% | 8.00% | |
250,000 or above | 8.00% | 10.00% |
SmartGuard Critical Illness Plan
Premium Payment Term | First Year Premium Discount Rate for the basic plan and the supplementary rider(s) attached (if any) |
---|---|
10 / 15 Years | 8.33% (i.e. approximately 1 month premium waiver of Annual Premium) |
20 Years | 12.50% (i.e. approximately 1.5 months premium waiver of Annual Premium) |
^ "First Year Premium" is based on the Initial Annual Premium in the proposal.
The offer is subject to relevant terms and conditions.
For product and promotion details, please refer to below link: