AIA Hong Kong has launched its "Global Power Multi-Currency Plan 3" that features enhancements that offer even higher returns and more flexibility - including a Total Internal Rate of Return (Total IRR) expected to exceed 7% for US dollar and HK dollar policies. The new plan's returns surpass those offered by similar products on the market.
The plan offers the market's earliest exercisable period for policy currency exchange, from the end of the second policy year onwards. It also allows customers to withdraw cash flexibly for optimised cash flow management.
Furthermore, features such as the newly added Mental Incapacity Option, nine currency options and four premium payment term options provide customers with flexible legacy and long-term wealth planning support.
During the promotional period, customers can also enjoy a premium refund of up to 27% and a guaranteed preferential interest rate of 4% p.a. upon successful application.
Ms Alice Liang, Chief Proposition Officer of AIA Hong Kong & Macau, said, "The world is in an era of uncertainty, while abundant opportunities still present themselves. AIA Hong Kong remains committed to providing customers and their families with flexibility and diverse choices, aiming to empower them to realise their dreams and reach their full potential – whether that's exploring the world, saving for their children's overseas education, or enjoying retirement life.
"Since the launch of the ground-breaking Global Power Multi-Currency Plan in 2021, AIA Hong Kong has been continuously pushing boundaries in product design. To further strengthen our market competitiveness, we are adding a number of flexible options and enhancing the expected Total IRR of US dollar and HK dollar policies to exceed 7%," Ms Liang continued.
"As a result, customers can enjoy more freedom in wealth management and life planning helping them live Healthier, Longer, Better Lives," she said.