InvestOne Insurance Plan

1. InvestOne Insurance Plan (“InvestOne”, the “Plan”, “your Policy”, the “Policy” or the “ILAS Policy”) is an investment-linked assurance scheme, which is a life insurance policy issued by Fubon Life Insurance (Hong Kong) Company Limited (“Fubon Life Hong Kong”, the “Company”, “we” or “us”). Your investments and insurance protection are subject to the credit risks of the Company. Policyowner is referred to as “you” or “your” throughout the offering documents of the ILAS Policy.
2. The premium you pay towards the ILAS Policy and any investments made by the Company in the underlying funds corresponding to the investment options you selected will become and remain part of the assets of the Company. You do not have any rights or ownership over any of those assets. Your recourse is against the Company only.
3. Your potential return on investments is calculated or determined by the Company with reference to the performance of the underlying funds corresponding to the investment options you selected. Due to various fees and charges levied by the Company on the ILAS Policy, the potential return under your Policy may be lower than the return of the underlying funds corresponding to the investment options you selected. You are subject to investment risks.
4. Your Policy is subject to a surrender charge of up to 5% of the account value for the first 5 Policy Years. It is only suitable for investors who are prepared to hold the investment for a long-term period.
5. If you are not prepared to hold your Policy for at least 5 years, InvestOne is not suitable for you and it may be cheaper to purchase an insurance policy and make separate fund investments. You should seek independent professional advice.
6. The account value of the ILAS Policy will be calculated by the Company based on the performance of the underlying funds corresponding to the investment options you selected from time to time and the ongoing fees and charges which will continue to be deducted from the ILAS Policy. The units of each investment option allocated to the ILAS Policy are notional and are solely for determining the account value and benefits under the ILAS Policy.
7. Early termination, surrender or partial withdrawal of the ILAS Policy may result in a significant loss of your investment and premium paid as well as bonuses awarded (if applicable). Poor performance of the underlying funds may further magnify your investment losses, while all fees and charges are still deductible. You cannot repay any withdrawn amount back into the Account after partial withdrawal and no additional premium will be accepted.
8. You are not allowed to pay additional premium to your Policy even if the account value of your Policy drops to zero. In such case, your Policy will be terminated immediately and you could lose all your premium paid and benefits.
9. Although InvestOne is a life insurance product, as your death benefit is linked to the performance of the underlying funds corresponding to the investment options you selected from time to time, your death benefit is subject to investment risks and market fluctuations. The death benefit payable may not be sufficient to meet your individual needs.
10. The cost of insurance (“COI”) used to cover the insurance protection will be deducted from the account value of your Policy. The COI may increase significantly during the term of the ILAS Policy due to factors such as the insured person’s attained age, investment losses, etc.
11. The investment options available under InvestOne can have very different features and risk profiles. Some may be of high risk. You should read the offering documents of the Plan and the offering documents of the underlying funds involved for details, including but not limited to their investment objectives and policies, risk factors and charges, which are available on our website at www.fubonlife.com.hk or from the Company upon request.
12. Investment involves risks. Past performance is not indicative of future performance. Each investment option is subject to market fluctuations and risks inherent in all investments. The unit prices of investment options and the income from any investment options may go down as well as up.
13. The investment options designated with “(Dist)” in their names ( “Investment Options (Dist)”) are linked to the share class of the corresponding underlying funds that aim to distribute cash dividends on a regular basis. If you choose to invest in an Investment Option (Dist), you will receive cash dividends if the Company receives such cash dividends from the underlying fund of the Investment Option (Dist). Please note:
    
    
    1. The distribution of cash dividends, the frequency of distribution, and the amount or rate of cash dividends of the underlying fund are not guaranteed and are subject to the discretion of the underlying fund. The amount of cash dividends paid is not an indication, forecast or projection of future cash dividends in any way.
    2. An underlying fund of the Investment Option (Dist) may, at its discretion, pay cash dividends out of its investment income, capital gains, or capital according to its dividend policy. It may also charge or pay all or part of the underlying fund’s fees and expenses out of the capital of the underlying fund, resulting in an increase in distributable income for the payment of dividends by the fund. Thus, the fund may effectively pay dividends out of capital.
    3. Payment of cash dividends out of capital amounts to a return or withdrawal of part of the original investment or from any capital gains attributable to that original investment. Such payment of cash dividends may result in an immediate reduction in the net asset value per unit of the underlying fund, which may have a negative impact on the unit price of the Investment Option (Dist). This may potentially increase the COI chargeable in the ILAS Policy, which in turn impact the sustainability of the ILAS Policy and if the Account Value is reduced to zero, the ILAS Policy will be terminated.
    4. In comparison to an investment option that does not distribute cash dividends, an Investment Option (Dist) that pays out cash dividends may lower the account value of the Policy. This may, in turn, reduce the death benefit, surrender value, maturity benefit and loyalty bonus payable under the Plan. If the account value is reduced to zero, the ILAS Policy will be terminated.
    5. Please note that a positive distribution yield does not imply a positive return. You should fully understand the Investment Option (Dist) and its associated risks before you select it.
14. In the event that your citizenship, residency, nationality or tax status changes to U.S., or you become a resident in the U.S. for tax purposes after the issuance of your Policy, we reserve the right, without first obtaining your consent, to terminate your Policy in good faith and commercially reasonable manner, provided that such termination is permitted by applicable laws and regulations. Surrender charge will be waived if we terminate your Policy under such situation.
15. InvestOne and its offering documents have been authorised by the SFC. SFC authorisation is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
16. You should not purchase this product unless you understand it and it has been explained to you how it is suitable for you. The final decision is yours.
17. Please do not invest in this product solely based on the information on this website.
18. This website is intended for Hong Kong only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance products of Fubon Life Hong Kong outside Hong Kong.

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