Fubon Life Hong Kong launches Prosperity Booster Multi-Currency Insurance Plan to help customers capture global financial opportunities for wealth accumulation

Hong Kong, September 17, 2024 – Fubon Life Insurance (Hong Kong) Company Limited (“Fubon Life Hong Kong”) has announced the launch of Prosperity Booster Multi-Currency Insurance Plan (the “Plan”), a participating life insurance plan designed to empower individuals seeking to capitalise on global opportunities for sustainable wealth growth. The Plan offers unparalleled flexibility in wealth planning through its diverse currency options and comprehensive legacy planning tools.

The Plan is available in U.S. Dollar (USD), Hong Kong Dollar (HKD), British Pound Sterling (GBP), Canadian Dollar (CAD) and Australian Dollar (AUD). This breadth of currency options enables customers to strategically position their wealth in alignment with global market dynamics. The Plan has a Currency Change Option which allows customers to change their Policy currency in response to emerging global opportunities or changes in life circumstances, ensuring their financial strategy remains agile and effective.

The Plan employs a comprehensive strategy for wealth accumulation, combining the stability of Guaranteed Cash Value with the potential for growth through non-guaranteed Special Dividend. This combination provides a solid foundation for long-term financial growth while also presenting opportunities for enhanced returns.

Offering a sophisticated yet accessible approach to wealth management, the Plan caters to the diverse needs of individuals planning for international education, global relocation, generational wealth transfer or other life goals.

Key Features of the Prosperity Booster Multi-Currency Insurance Plan:

Global Currency Flexibility: The Plan offers a choice of five major currencies—USD, HKD, GBP, CAD, and AUD—allowing customers to align their wealth strategy with international markets.

Adaptive Currency Strategy: The Currency Change Option enables customers to switch their Policy currency, providing flexibility in the event of changing life circumstances or global market shifts.

Comprehensive Wealth Growth: The Plan combines Guaranteed Cash Value with the potential for non-guaranteed Special Dividend, delivering wealth accumulation with both stability and strong growth opportunities.

Enhanced Liquidity Options: Features such as the Special Dividend Cash Out Option and cash withdrawal facility provide customers with access to funds when needed, enhancing financial flexibility.

Advanced Legacy Planning Tools: The Plan includes a range of legacy planning tools, such as the features of changing the Insured Person, designation of 2 Contingent Insured Persons and 2 Successor Owners and the Flexi Continuation Option, supporting seamless wealth transfer across generations.

Customisable Benefit Settlements: Customers can select from various settlement options under the Plan, including a lump-sum payment, regular payments, or a combination, with the choice to set a future start date for Death Benefit.

Added Financial Flexibility: The Premium Holiday and Grace Period extension features provide added flexibility, allowing customers to manage their financial commitments and adapt their budgets as needed.

The above information is for reference only. For details on product features, terms and conditions, and key product risks about Prosperity Booster Multi-Currency Insurance Plan, please refer to the Product Brochure and Policy Provisions.