Hong Kong universal life insurance: compare charges and account value

Make a worksheet with premiums paid, amounts credited, insurance charges, administration charges and withdrawals. This separates account growth from the cost of maintaining cover. A quoted crediting rate is not the net return on every dollar of premium.

Read which interest rate, if any, is contractually guaranteed and the conditions attached. Then compare illustrations using the same age, currency, premium pattern and benefit design. Ask how lower credited interest or higher permitted charges would affect the account balance.

Flexible payments do not mean cover can continue indefinitely without funding. Ask what charges continue during a payment pause and what happens if the account cannot meet them. For a planned withdrawal, request the withdrawal charge, resulting account value and resulting death benefit.

Use the catalogue records below to identify products and open official documents. Check the cost-of-insurance schedule, surrender charges, premium conditions and death-benefit formula side by side. The list is limited to catalogue coverage and does not rank products by return.