Hong Kong: CTF Life's new plan enables customers to enjoy steady wealth growth and flexible succession planning

| 05 Aug 2024

Following the recent launch of its new brand, Chow Tai Fook Life Insurance Co (CTF Life) has launched its new Prime Treasure Savings Insurance Plan (Prime Treasure).

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.

The outstanding features of the Prime Treasure include: 

  • Guaranteed breakeven period as short as six years;
  • Policy split option;
  • Dual succession options; and
  • Regular cash withdrawals creating your own passive income.

Ms Jarita Kwan, Chief Product Officer of CTF Life, said, “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 six years, and a projected breakeven period of four 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.”