CTF Life’s Prime Treasure Savings Insurance Plan enables customers to enjoy steady wealth growth and flexible succession planning

HONG KONG SAR – Media OutReach Newswire – 1 August 2024 – Following the recent launch of its new brand, Chow Tai Fook Life Insurance Company Limited (“CTF Life”) proudly presents its new Prime Treasure Savings Insurance Plan (“Prime Treasure”) today. This innovative plan combines savings, wealth accumulation, succession planning and life insurance into one, allowing customers to manage their finances flexibly according to their personal needs, and secure a bright future for themselves and their loved ones. Continuously creating value beyond insurance, CTF Life has partnered with The GBA Healthcare Group (“GBAH”), a member of the Chow Tai Fook Enterprises Limited, to offer high-quality Hong Kong-style medical services in Mainland China for frequent travellers across the border.

Jarita Kwan, Chief Product Officer of CTF Life, stated, “In the rapidly changing economic landscape, we recognise our customers’ ambition to grow their wealth steadily. In response to this need, we are excited to introduce Prime Treasure, an innovative savings insurance plan as part of our new brand launch. This plan provides guaranteed cash value and non-guaranteed dividends, with a guaranteed breakeven period as short as 6 years, and a projected breakeven period of 4 years along with a variety of policy options. Customers can have the flexibility to withdraw the policy value regularly, thereby creating their own pension to flexibly prepare for retirement or wealth succession planning. This customer-centric approach empowers individuals to efficiently reach their financial goals while benefiting from top-notch savings protection.”

The outstanding features of the Prime Treasure include:

To encourage customers to plan early for the future for themselves and their families, customers who apply for Prime Treasure during the promotion period can enjoy a 5% premium discount. With 5% premium discount, the regular withdrawal option will be enhanced to (1-1-5), allowing them to pay 1 (single) premium and then start withdrawing 5% of the net premium8 annually from their 1st policy anniversary until policy maturity7.

Cross-border services for all-round protection to our customers’ health
CTF Life has been keeping abreast of the market trend. Since announcing a strategic partnership with GBAH earlier this year, the two have expanded their collaboration to provide enhanced medical and healthcare services for customers who are enjoying their retirement life in the Greater Bay Area, or need to travel frequently between Hong Kong and Guangdong for work. Customers of designated plans can enjoy:

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The issuer is solely responsible for the content of this announcement.

Chow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, nearly 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of NWS Holdings Limited (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the diverse conglomerate of the Cheng family (“Chow Tai Fook Group” or “the Group”) to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in the Greater Bay Area while continuously creating value beyond insurance.