HONG KONG, Dec. 22, 2016 /PRNewswire/ -- The Hong Kong Monetary Authority followed last week's 0.25% hike in the US interest rate with an increase in base rate that had a negligible effect on Hong Kong's near-zero interest rate environment. For this reason, FTLife is pleased to introduce an enhanced Regent Insurance Plan that will provide policyholders with an overall total return of up to 5.9%. The plan has been designed to help investors grow their wealth in a stable manner over the long term.
Returns weakened by low-interest rates
Given the global low interest rate environment that has persisted since the financial crisis of 2008, the near-zero bank deposit rates have wiped out any likelihood of earning income from traditional bank savings. It also has a drag effect on conventional insurance products, as the current ultra-low interest rate situation has proved unfavourable to policyholders.
In fact, people are finding it increasingly difficult to choose a protection plan that can provide them with a well-protected future and attractive long term returns at the same time.
FTLife's higher total return offer bucks the trend
True to its guiding principle of "Your Future, Our Promise", FTLife has introduced the enhanced Regent Insurance Plan for people seeking long-term growth and planning a future lifestyle of choice by saving prudently. The enhanced plan offers an overall total return of up to 5.9% and allows policyholders to withdraw annual dividends* every policy anniversary, or keep them in the plan to accumulate greater wealth.
Customers who have successfully applied for the enhanced Regent Insurance Plan before 31 December 2016 will receive a first year premium refund of up to 30%. Meanwhile, customers opting to prepay premiums will be entitled to a special interest rate offer of 4% on the prepaid sum after deducting the first year's premium. Act now to capitalise on this compelling offer!
The above proposition is subject to relevant terms and conditions. For enquiries, please contact your FTLife Financial Planning Consultant, or call the FTLife Customer Service Hotline on +852-2866-8898.
Important Notes:
Media inquiries:
FTLife Insurance Company Limited
Branding, Marketing & Communication
Tel: +852-2591-8888
Email: ftlhk.mkt@ftlife.com.hk
About FTLife Insurance Company Limited
FTLife Insurance Company Limited ("FTLife") is one of Hong Kong's largest life insurance companies and a wholly-owned subsidiary of Tongchuangjiuding Investment Management Group Co., Ltd. ("JD Group").
Capitalising on a heritage of professionalism and excellence in serving clients, FTLife seeks to become a leading insurance group in Asia. It serves individual and institutional clients from a diverse portfolio of financial protection and wealth management products. We also offer comprehensive general insurance services plus Mandatory Provident Fund solutions in partnership with respected general insurance and MPF companies. FTLife aims to excel by cultivating lasting relationships, and dedicates itself to providing clients with best-of-breed financial services to help them lead fulfilling lives.
About JD Group
Headquartered in Beijing, JD Group has offices in China, North America and Asia. JD Group operates a variety of financial services businesses and is engaged principally in investment, Internet finance and insurance. JD Group aspires to become an insurance-centric financial asset management platform operating on a global scale.
Photo - http://photos.prnasia.com/prnh/20161222/8521608356-a
