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Chubb Life Yearly Income Plan



Enrich your life today, bestow your wealth for generations to come

You are working hard to accomplish your goals for yourself and your loved ones and pave the way to success. To make your dreams come true, a reliable financial plan enables your hard-earned savings to grow with secure and steady income stream and to accelerate with potential returns. It also allows you to bestow your wealth to your future generation at ease. “Dreams come true” is not a wish and it could be achieved when you act right now with Chubb Life Yearly Income Plan.

How Chubb Life Yearly Income Plan empowers you to accelerate your wealth with legacy planning

Wealth Growth
Steady income streams help meet your financial needs
  • Chubb Life Yearly Income Plan (the “Plan”) provides you with 2 secure streams of income by Guaranteed Cash Coupon during the policy term:

    – An annual coupon equal to 5% of Notional Amount is payable every Policy Year starting from the 1st Policy Anniversary.
    – An extra coupon equal to 10% of Notional Amount is payable every 10 Policy Years starting from the 10th Policy Anniversary.

Cash liquidity for managing your prosperity

  • You may leave the Guaranteed Cash Coupon in the policy to accumulate interest at an interest rate which is determined by the Company and subject to change from time to time. Alternatively, you may withdraw them to meet your needs without taking out policy loan or surrendering the Policy.

Accelerate the potential return for long-term savings

  • Your wealth accumulation is given a further booster for long-term savings with non-guaranteed Terminal Dividend. This Terminal Dividend may be paid after the Policy is in force for 10 years or more when the Policy is surrendered, or matured or when the Insured dies.
Building Legacy

Coverage up to Age 100 of the Initial Insured with flexible settlement option

  • The Plan is designed with a policy term of up to Age 100 of the Initial Insured, so that you can enjoy protection and potential returns during the lifespan. You can allocate the Life Insurance Proceed (including death benefit) of the Plan to specified beneficiaries in a lump sum payment or by instalment in annual or monthly basis over a period of 10, 20 or 30 years.

Policy continuation with change of Insured and designated Successor Insured

  • On or after the 10th Policy Anniversary while the Policy is in force, you can exercise the following options:

    – Change of Insured: You can apply to change the Insured under the Policy once during the policy term, so you can pass on your accumulated wealth.

    – Designation of Successor Insured
    : During the lifetime of the Initial Insured, you can also assign the sole Beneficiary of your Policy as the Successor Insured, so he/she becomes the new Insured in the event of the Initial Insured’s death. This enables the Policy to be continued and benefits and policy values under the Policy will be retained.
Peace of Mind

Premium Holiday to ease the burdens during your financial difficulties

  • You can apply for Premium Holiday in full year basis up to 2 Policy Years after the 2nd Policy Anniversary. The Premium Holiday will start from the next Policy Anniversary following our approval. This benefit does not apply to a policy with 3-year premium payment period.

Enhanced protection in the event of accidental death in the 1st Policy Year

  • The Plan provides additional protection with Accidental Death Benefit. If the Insured dies due to an Accident during the 1st Policy Year, an additional sum equal to the death benefit of the Plan, up to US$100,000 per life will be provided. This benefit is available to the Insured whose Age is 64 or below at policy inception.

Hassle-free Application without Medical Examination

  • Application for Chubb Life Yearly Income Plan is simple. Medical examination is not required if the Notional Amount does not exceed the limit set by the Company from time to time so you can get started in an easy way.




Product Brochure

Regulatory Disclosure

This webpage is for general reference only and should not be regarded as professional advice, recommendation and it is not part of the policy. It provides an overview of the key features of the product and should be read along with other materials which cover additional information about the product. Such materials include, but not limited to, product brochure that contains key product risks, policy provisions that contain exact terms and conditions, benefit illustrations (if any) and other policy documents and other relevant marketing materials, which are all available upon request. You might also consider seeking independent professional advice if needed.

The above information shall not be construed as an offer to sell, solicitation or persuasion to buy or provision of any of our products outside Hong Kong. For further information, please contact your Chubb Life Hong Kong Insurance Consultant or call our Customer Service Center Hotline at (852) 2894 9833.

The “Chubb Life Hong Kong”, “Company”, “we”, or “our” herein refers to Chubb Life Insurance Hong Kong Limited.