Life Insurance Plan - Life Protection
Help you meet both your life protection and wealth accumulations needs.
To enjoy retirement without compromising on your standard of living, sufficient retirement savings and steady income are very important. RWI survey* conducted in 2015 found that along with MPF and ORSO, cash savings and return from investments are the major sources of retirement income for people in Hong Kong.
As you are planning for your retirement life with your savings, you may also want to plan ahead for the inheritance of your wealth. Universal Life may be a solution to both. Universal Life is a life insurance policy with flexible payment terms that may help you meet your life protection needs and may provide long-term savings potential to help meet your wealth accumulation needs.
|Note: the above is neither an exhaustive list nor a set definition of Universal Life Insurance. Insurance products are not bank deposits and are not underwritten by DBS (Hong Kong) Limited.|
When you pay a premium:
The following diagram describes what happens when you pay a premium:
Please contact DBS and discuss your insurance needs with us.
|*||The Retirement Wellness research, commissioned by DBS and Manulife represents the views of more than 6,000 non-retirees on their preparedness and expectations towards retirement. The research spans 6 countries: China, Hong Kong, Indonesia, India, Singapore and Taiwan. In Hong Kong, a total of 1,009 residents, aged 40 to 60 year old took part in the research which was conducted online by Nielsen in November 2015.|
|This webpage is for reference and it is intended for use in Hong Kong Special Administrative Region only. It does not constitute a contract of insurance or an offer, invitations or recommendation to any person to enter into any contract of insurance or any transaction described therein or any similar transaction. You should not base solely on this webpage to make decision on applying for the product. The information disclosed above is not exhaustive and you should refer to the policy provision and the leaflet for more information and if in doubt, please seek independent professional advice. You may contact our bank staff to obtain a copy of the policy provision and the leaflet for reference.|