AIA Launches Wealth Generation - Introducing market-first legacy planning options and a short 4-year projected breakeven period Empowering HNW customers to accumulate wealth and achieve seamless legac
Projected total breakeven year as short as four years#, with a 10-year projected total IRR of up to 5.05%#, helping customers seize opportunities for steady wealth growth.
Guaranteed cash value and non-guaranteed Terminal Dividend1, along with the Terminal Dividend Lock-in Option2, enabling customers to secure potential returns while pursuing long-term financial growth.
Policyholders can set up flexible withdrawal instructions starting from the end of the 5th policy year, where they may automatically and regularly withdraw policy values during their specified period for payment to the designated payment recipient, catering to their evolving needs at different life stages.
Seamless Legacy Planning
Market-first^ Future Guard Option: Through the value-added service, Transitional Owner Arrangement4, policyholder can designate a family member as the contingent owner of the policy and another aged 18 or above family member as the transitional owner of the policy. The transitional owner will oversee the policy with limited administrative rights until the designated contingent owner takes over ownership of the policy upon reaching the date or age as specified by the policyholder.
The Future Guard Option also allows the transitional owner to split the policy into two separate policies and to designate another family member as the new contingent owner and insured of the split policy. Ownership of the split policy is transferred when the new contingent owner reaches the specified date or age, ensuring seamless and harmonious wealth succession across generations.
Market-first^ Beneficiary Flexi Option: Under specified conditions5, beneficiaries are empowered to flexibly choose their settlement options to receive their share of the unpaid death benefit and accidental death benefit. This ensures a personalised and holistic approach to legacy planning.
Market-first^ Health Impairment Option6: In the event that the policyholder suffers from a mental issue or becomes unconscious for a certain period due to a specified illness, the designated recipient7 can receive benefit payment or policy ownership according to the policyholder's instructions. This feature safeguards the financial well-being of loved ones.
Remarks
^ Three market-first options:
Future Guard Option: As of 7 May 2025, compared with similar services offered by Hong Kong major insurance companies
Beneficiary Flexi Option: With the Beneficiary Flexi Option, the policy owner allows the beneficiary to choose to receive the death benefit payment in accordance with the beneficiary's selected settlement option when the beneficiary has attained the designated age chosen by the policy owner or when the beneficiary is diagnosed with a specified illness under Beneficiary Flexi Option. This feature is first-in-market when compared with the savings insurance products provided by Hong Kong major insurance companies, pioneered by AIA with the FlexiAchiever Savings Plan on 8 January 2025.
Health Impairment Option: This option allows the policy owner to designate up to 2 different designated recipients and elect for both benefit payment and transfer of ownership at the same time. This feature is first-in-market when compared with the savings insurance products provided by Hong Kong major insurance companies as of 7 May 2025.
* Compared with the savings insurance products provided by Hong Kong major insurance companies as of 7 May 2025.
# 'Projected total breakeven year' is the policy year at the end of which the projected total surrender value is greater than or equal to the single premium paid for the first time. The projected Total IRR is neither indicative of future performance nor guaranteed. The projected total IRR based on the assumption that no cash withdrawals or policy loans are taken throughout the term of the policy, none of Terminal Dividend Lock-in Option, Flexi Withdrawal Option, Policy Split Option and Health Impairment Incapacity Option is exercised and that all premiums are paid in full when due.
The non-guaranteed Terminal Dividend may be declared to the policy at least once per policy year starting from the end of the 3rd policy year. However, AIA Hong Kong may also at its sole discretion declare the Terminal Dividend more frequently than once per policy year, such as on a monthly basis. This option is available once per policy year starting from the end of the 15th policy year, and application for such transfer must be made within 30 days after the end of a policy year. Subject to relevant conditions and withdrawal risks. Transitional Owner Arrangement is only available to designated policies which meet our eligibility requirements. Transitional Owner Arrangement is a value-added service and not a product feature, therefore it does not form part of the policy contract of Wealth Generation. Application is subject to our approval at our discretion. We reserve the right to withdraw the Transitional Owner Arrangement or change its terms and conditions or any related requirements at any time at our sole and absolute discretion. Future Guard Option is one of the service features under the Transitional Owner Arrangement. For details of Transitional Owner Arrangement and Future Guard Option (including but not limited to eligibility, risk and limitation), please refer to the value-added service leaflet of Transitional Owner Arrangement. If the policyholder has chosen the Death Benefit Settlement Option, he/she may also choose the Beneficiary Flexi Option. Upon the beneficiary attaining the designated age chosen by the policyholder or being diagnosed with a specified illness including cancer, stroke, heart attack, terminal illness and kidney failure, such beneficiary can receive his/her share of the unpaid death benefit and accidental death benefit (if any) according to his/her selected settlement option. Starting from the end of the 3rd policy year, if the policyholder is also the insured, he/she may elect for benefit payment and/or ownership transfer to designated recipient(s) under the Health Impairment Option. Subject to relevant conditions and withdrawal risk. The policyholder may designate up to 2 family members aged 18 or above as designated recipients and the applicable designated percentage of policy value for benefit payment and/or ownership transfer. If the policyholder suffers from a mental issue or becomes unconscious for a certain period due to a specified illness including Apallic Syndrome and Coma, the designated recipient may in accordance with the instructions receive a lump sum benefit payment and/or become the new policy owner of the policy. The membership and privileges of AIA Club Alta are subject to terms and conditions. For details, please refer to AIA Club Alta website (aia.com.hk/en/aia-alta). The wealth management privileges of AIA Club Alta are provided by third-party service providers and partners. AIA Hong Kong and its intermediaries do not provide any opinion or advice to customers regarding the relevant services.
HONG KONG SAR - Media OutReach Newswire - 25 June 2025 - AIA Hong Kong announced the launch of Wealth Generation ("the Plan"), a bespoke life insurance plan designed exclusively for high-net-worth (HNW) individuals. This Plan enables customers to capitalise on wealth creation opportunities in today's dynamic market while fostering long-term prosperity through strategic legacy planning. The Plan features multiple market-first^ legacy planning options, a rare-in-market* Flexi Withdrawal Option and value-added service, delivering a competitive projected total internal rate of return (IRR). With projected breakeven year as short as four years, this comprehensive solution addresses the dual priorities of HNW customers: wealth accumulation and legacy management.Ms Alice Liang, Chief Proposition & Healthcare Officer of AIA Hong Kong & Macau, said: "As a global hub for asset and wealth management, Hong Kong has long been a magnet for high-net-worth individuals and families from around the world. Their needs for life insurance products are constantly evolving. They not only seek to navigate complex investment landscape but also place great emphasis on managing their wealth with control, precision, flexibility, and resilience, ensuring seamless wealth transfer."She added: "AIA remains unwavering in our customer-centric approach, consistently delivering innovative products and thoughtful services that go beyond expectations and delight our customers. Wealth Generation exemplifies this commitment, with its market-first legacy planning options, rare Flexi Withdrawal Option and value-added services. This empowers our customers with greater control and flexibility over their wealth accumulation and legacy planning journey, embodying AIA's commitment to helping them achieve Healthier, Longer, Better Lives."Key features and value-added services of the Wealth Generation:Recognising the exacting standards of HNW customers for health and wealth solutions, AIA established AIA Club Alta in 2023 to deliver curated privilegesacross three pillars: health and wellness, wealth management and exquisite lifestyle experiences. These exclusive offerings have empowered customers to strike an optimal balance between health and wealth, enabling them to enjoy a more prosperous and fulfilling life. AIA Club Alta also extends its bespoke wealth management privilegesto include advisory services on tax planning, trusts, legal and family office consultations. When combined with Wealth Generation, these services provide customers with an effective solution, ensuring the mastery of wealth amplification, seamless wealth succession and peace of mind for generations to come.All information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the product, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the AIA Hong Kong's website.Hashtag: #AIA #友邦
The issuer is solely responsible for the content of this announcement.
About AIA Hong Kong & Macau
AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have over 18,000 financial planners1, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.
1 as of 31 March 2025
2 Including AIA Hong Kong and AIA Macau's individual life, group insurance and pension customers (as of 31 March 2025)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malay Mail
3 hours ago
- Malay Mail
OneMagnify India earns Best Place to Work certification for the fourth consecutive year
CHENNAI, INDIA - Media OutReach Newswire - 2 July 2025 - OneMagnify, a global leader in marketing, data, and technology solutions, has once again been recognized as afor 2025 — marking ourof being certified. This prestigious recognition is a testament to the culture of trust, collaboration, and excellence that our teams continue to nurture and elevate year after certification is based on a comprehensive assessment of workplace culture, employee engagement, and organizational practices. OneMagnify India scored significantly above the market average in key areas such as purpose, belonging, leadership, and opportunities for growth., shared:"It is truly humbling and energizing to see OneMagnify India named a Best Place to Work for the fourth year in a row. This recognition belongs to each and every member of our team, past and present, whose passion, integrity, and commitment to excellence fuel our we continue to scale, transform, and evolve as a global capability center, we remain grounded in what matters most: our people. I am proud of what we have built, and even more excited about what we will create together in the years ahead. Congratulations to our team, and thank you for making OneMagnify not just a workplace, but a place where people thrive."Theis a highly coveted achievement that reflects consistent and intentional dedication to enhancing the employee experience. By earning this recognition, OneMagnify India stands out as one of the top employers in the country, providing a positive and engaging workplace for all its year, the Best Places to Work program partners with leading organizations across India and various other countries to help them measure, benchmark, and improve their HR practices. Through this certification, organizations gain access to insights, tools, and expertise needed to drive meaningful and sustainable change in their workplace more information, visit For more information about the certification program, please visit Hashtag: #BestPlacesToWork The issuer is solely responsible for the content of this announcement.
New Straits Times
4 hours ago
- New Straits Times
Ministry gets stricter on plastic waste import, SIRIM appointed sole inspection body
KUALA LUMPUR: Investment, Trade and Industry Ministry has imposed stricter controls on the import of plastic waste into Malaysia effective from July 1. Under the new directive, the ministry's agency SIRIM has been appointed as the sole inspection body and certificate of approval (COA) issuer for all waste plastic imports. "Malaysia is open to issuing COA for the import of waste plastic provided the importers fulfil all conditions under Malaysian laws and the exporters belong to or originate from countries that have signed and ratified the basel convention," the ministry said in a statement. The ministry said importers wishing to import waste plastic may refer to SIRIM's guidelines for the Importation and Inspection of Waste Plastic at its website. "Malaysia will not hesitate to act firmly against any individual or company that attempts to circumvent waste import controls or engage in illicit waste import activities. "The ministry remains committed to facilitating a legitimate, responsible and eco-friendly trade environment to support Malaysia's sustainable socio-economic goals, while aligning with international best practices and multilaterally agreed global commitments on safeguarding the environment," it added.
The Sun
4 hours ago
- The Sun
Diversification ensures Malaysia's economy remains resilient: Miti official
PUTRAJAYA: Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply. The Investment, Trade and Industry Ministry's bilateral economic and trade relations division director, Raveendran Nair, said Malaysia's consistent approach of diversifying into new markets has allowed the country to stay competitive and resilient against external pressures. 'To be fair, we faced numerous major challenges – from the Asian financial crisis to the US financial crisis, and then the Covid-19 pandemic. 'During Covid-19, we faced an unprecedented and extraordinary situation. Yet, we managed to recover and move towards a progressive recovery trend in this post-pandemic era,' he said at Universiti Kebangsaan Malaysia's forum Bicara Persada – Iran-Israel War: Implications for Malaysia and the New World Order held here. Raveendran said challenges such as the retaliatory tariffs imposed by the United States do not pose a significant threat to Malaysia's economy because the impact is also felt by other countries. 'There are concerns that these tariffs could shrink our economy. But from a broader perspective, Malaysia is not the only one affected. In Southeast Asia, for example, Singapore faces a 10% tariff, the Philippines is second, and Malaysia faces a 24% rate. Compared to other neighbouring countries in the region, some face tariffs as high as 30 to 40%. So in terms of competitiveness, Malaysia still has an edge,' he said. Raveendran noted that Malaysia's trade with the US accounts for only about 13% (of its total trade), with the rest involving a variety of global markets. 'Our strategy is not to depend on a single country. That's why we continue to diversify our markets. As seen recently, Prime Minister (Datuk Seri Anwar Ibrahim) has frequently travelled abroad with Miti to conduct business programmes, meet local industry leaders, and identify potential investors to bring into Malaysia. 'This strategy ensures we are not reliant on just one country. If one country's economy declines, we still have other alternatives,' he said. As part of the effort to strengthen trade connectivity, Malaysia is actively signing free trade agreements (FTA) to open up opportunities for national exports. 'For instance, we recently signed the Malaysia-European Free Trade Association agreement, which involves Iceland, Liechtenstein, Norway and Switzerland. We have also resumed FTA negotiations with the European Union and Gulf countries. Overall, we have 18 FTAs with various nations,' he said. On tensions in the Strait of Hormuz, Raveendran said the situation could potentially impact the global energy supply chain but Malaysia remains focused on strengthening its economic resilience through diverse trade networks and strong internal preparedness. He also said no country can survive on its own without a stable supply network in an interconnected global economic landscape. – Bernama
