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“We”, “AIA” or “AIA Hong Kong” or “the Company” herein refers to AIA International Limited (Incorporated in Bermuda with limited liability). AIA
For Internal Use Only
AIA Hong Kong
12/F, AIA Financial Centre, 712 Prince Edward Road East, Kowloon, Hong Kong
T: (852) 2881 3333
AIA.COM.HK
Memo
Attn:
All Business Partners From:
Anne Weedon
Dept:
Partnership Distribution
Date: 9 August, 2013 Total page: 3 pages Subject:
(Ref: A2013105) 3 3( ) The Launch of “Forever Love Coupon Plan 3” and “Forever Love Coupon Plan 3 (Enhanced Protection)”
2 2013 8 12 ( )
3 3( )
3 3( ) 2 3
4 (6, 10, 15, 20 )
5 1.8%
5, 8, 11, 14, 17 20 3% 3 (6 ) 6 ^
^ , ,
0.25%
2 2( ) (ref:A2013069) 3 3(
) 2 2( )2013 8 31
3972 8899
“We”, “AIA” or “AIA Hong Kong” or “the Company” herein refers to AIA International Limited (Incorporated in Bermuda with limited liability). AIA
For Internal Use Only
AIA Hong Kong
12/F, AIA Financial Centre, 712 Prince Edward Road East, Kowloon, Hong Kong
T: (852) 2881 3333
AIA.COM.HK
Memo
Following the Forever Love Coupon Plan 2 series, AIA Hong Kong is pleased to launch Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection), effective from 12 August, 2013 (the first application date). New products: Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection) The product features of these new products are similar to Forever Love Coupon Plan 2 series. Key features of Forever Love Coupon Plan 3 series are as follows:
4 choices of premium payment periods (6, 10, 15, 20 years) Distribution of guaranteed cash payment
Policy Anniversary Percentage of Face Amount 5 and every year thereafter 1.8%
5, 8, 11, 14, 17 and 20 extra 3% Prepayment of up to 6 years of premiums when purchasing Forever Love Coupon Plan 3
series with 6-year premium payment period^
^ After deducting the initial policy premium, the remaining amount will then be deposited at a non-guaranteed interest rate into the Future Premium Deposit Account which will be used to pay the policy premium for the following years. For your information, the current interest rate for the Future Premium Deposit Account is 0.25% per annum.
For the product details, please refer to the launch pack. For details of the launch arrangements, please refer to the enclosure. Close of Forever Love Coupon Plan 2 and Forever Love Coupon Plan 2 (Enhanced Protection) As mentioned in the separate memo (ref: A2013069) sent earlier, after the launch of Forever Love Coupon Plan 3 series, Forever Love Coupon Plan 2 and Forever Love Coupon Plan 2 (Enhanced Protection) will be closed for new application. Last application date is 31 August, 2013. Kindly convey the above message to all your fellow qualified Technical Representatives. For any enquiries, please feel free to call our Brokerage & IFA Hotline 3972 8899. Best regards,
Anne Weedon Head of Partnership Distribution
For Internal Use Only
2013 8 12 Partnership Distribution Corner
11.0 (Ref: A2013107)
3 PTA999145.0813 PTA999146.0813
3 ( )
PTA999147.0813 PTA999148.0813
2013 8 12 Partnership Distribution Corner
Enclosure: Launch Arrangement Launch Pack The electronic version will be ready for download by technical
representatives in Partnership Distribution Corner on 12 August 2013
PGS 11.0 Please refer to the separate memo (Ref: A2013107) on the arrangement of the update.
Brochure
PTA No.: PTA No. Forever Love Coupon Plan 3
Traditional Chinese Version
PTA999145.0813
English Version PTA999146.0813 Forever Love Coupon Plan 3 (Enhanced Protection)
Traditional Chinese Version
PTA999147.0813
English Version PTA999148.0813 The electronic version will be ready for download by technical
representatives in Partnership Distribution Corner on 12 August 2013
3 3( )
1
I. .................................................................................................................................. 2 II. ....................................................................................................................... 3 III. ........................................................................................................................... 5 IV. ........................................................................................................................... 6 V. ................................................................................................................................ 11
: A. ............................................................................................................................... 13 B. ............................................................................................................................... 15 C. ....................................................................................................................... 15 D. ........................................................................................................................ 17 E. ........................................................................................................ 18 F. ............................................................................................................................... 18
: - 3 .............................................................................. 19
3 (WP)
(WPCI Pro)
: - 3( ) .............................................................. 24 3( ) (WP)
(WPCI Pro)
3 3( )
2
I.
2
2
18-30
0-5
41-60
* 2 2013 7 4 / 2013 7 4
~20% ~26% ~58% *
( )
3 3( )
3
II. 2 ( 2013 7 4 )
2 18-30 0-531-40 18-30
18-30
2 31-40 0-5 2
3 3( )
4
2 5
320
10
54%
60%
46%
40%
5 4%
6 24%
10 27%
15 17%
20 28%
3 3( )
5
III.
2007 1 30
Bloomberg ( 2013 2 )
2007 1 30 ( A)
Bloomberg ( 2013 2 ) (Standard & Poor’s)
3 3( )
6
IV.
2013 8 12 ( ) 3 2013 9 1 2
3 2
FLCP3
FLCP3 (EP) FLCP 2
FLCP 2 (EP)
4
6, 10, 15, 20 5
5, 6, 10, 15, 20
5
1.8%
5-20( )
1.5%
21 2% 5, 8, 11, 14, 17
20 3% 5, 10, 15 20 5%
–
6 / 10 / 15 / 20
[ FLCP 2 FLCP 2(EP) ]
9.0%
3
(6 )6 ^
2 (5 )
5 ^
^ , ,
0.25%
3 3( )
3 3( )
7
3 (FLCP3) 2 (FLCP2) 3(
) (FLCP3 (EP)) 2( ) (FLCP2(EP))
=$50,000
FLCP 3 Vs. FLCP 2 0 40 (IRR) FLCP 3 FLCP 2 FLCP 3 FLCP 2
20 0.96% 1.70% 1.31% 1.64% 30 1.49% 2.04% 1.70% 1.96%
20 3.94% 4.53% 4.07% 4.47% 30 4.36% 4.69% 4.43% 4.68%
( ) 14 11 13 11 ( ) 10 9 10 9
FLCP 3 (EP) Vs. FLCP 2 (EP) 0 40
(IRR) FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
20 0.86% 1.59% 1.17% 1.50% 30 1.41% 1.97% 1.60% 1.86%
20 3.85% 4.44% 3.95% 4.35% 30 4.31% 4.63% 4.35% 4.60%
( ) 15 12 13 12 ( ) 10 9 10 9
: , 12
20 0 0.7% 40 0.3%
30 0 0.6% 40 0.3%
20
0 0.6% 40 0.4%
30 0 0.3% 40 0.3%
= 6
3 3( )
8
FLCP 3 Vs. FLCP 2 0 40 (IRR) FLCP 3 FLCP 2 FLCP 3 FLCP 2
20 0.92% 1.75% 1.07% 1.46% 30 1.89% 2.50% 1.95% 2.26%
20 3.82% 4.44% 3.85% 4.30% 30 4.44% 4.81% 4.46% 4.75%
( ) 15 11 14 12 ( ) 10 10 10 10
FLCP 3 (EP) Vs. FLCP 2 (EP) 0 40
(IRR) FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
20 0.79% 1.63% 0.94% 1.33% 30 1.80% 2.41% 1.86% 2.17%
20 3.72% 4.35% 3.75% 4.20% 30 4.38% 4.75% 4.40% 4.69%
( ) 16 12 13 13 ( ) 11 10 10 10
: , 12
20 0 0.8% 40 0.4%
30 0 0.6% 40 0.3%
20
0 0.6% 40 0.5%
30 0 0.4% 40 0.3%
= 10
3 3( )
9
FLCP 3 Vs. FLCP 2 0 40 (IRR) FLCP 3 FLCP 2 FLCP 3 FLCP 2
20 0.01% 0.90% 0.36% 0.77% 30 1.45% 2.06% 1.63% 1.92%
20 3.31% 3.93% 3.37% 3.79% 30 4.21% 4.51% 4.25% 4.46%
( ) 20 16 19 17 ( ) 11 10 11 10
FLCP 3 (EP) Vs. FLCP 2 (EP) 0 40
(IRR) FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
20 -0.11% 0.78% 0.29% 0.70% 30 1.38% 1.98% 1.58% 1.87%
20 3.22% 3.84% 3.31% 3.73% 30 4.16% 4.46% 4.21% 4.43%
( ) 21 17 19 17 ( ) 11 10 11 10
: , 12
20 0 0.9% 40 0.4%
30 0 0.6% 40 0.3%
20
0 0.6% 40 0.4%
30 0 0.3% 40 0.2%
= 15
3 3( )
10
FLCP 3 Vs. FLCP 2 0 40 (IRR) FLCP 3 FLCP 2 FLCP 3 FLCP 2
20 -0.96% 0.23% -0.30% 0.29% 30 1.19% 1.88% 1.46% 1.82%
20 2.79% 3.47% 2.86% 3.33% 30 4.00% 4.30% 4.02% 4.27%
( ) 23 19 21 19 ( ) 11 10 11 10
FLCP 3 (EP) Vs. FLCP 2 (EP) 0 40
(IRR) FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
20 -1.12% 0.07% -0.40% 0.19% 30 1.10% 1.79% 1.40% 1.76%
20 2.68% 3.37% 2.78% 3.26% 30 3.94% 4.24% 3.98% 4.23%
( ) 24 20 22 19 ( ) 11 10 11 11
2013 8 “ ” ( ) ; “ ” [ ( ) ( )]
“ ” ( ) “” [ ( ) ( )]
20 0 1.2% 40 0.6%
30 0 0.7% 40 0.4%
20
0 0.7% 40 0.5%
30 0 0.3% 40 0.3%
= 20
3 3( )
11
V.
3
(1) (2) (3) 4%
( )
12 (3)
100
$35 4 (2)(3)
100 13
21
3 (20 ) $60,000 $3,756
($2000 ) $540 (1)
3 3( )
12
?
3 6 100
(1) ( ) ( )
( ) ( )
(2)
4%
18
3$25,000 (1)
65 ( 65 ) $110 (2)
11
18 19 20
35 ( 35 )
$26 5 (2) 2.7
36(0 )
3 (6 ) $100,000 $16,557
3 3( )
13
:
3 [FLCP3]
3 ( ) [FLCP3 (EP)]
2013 8 12 ( )
/
6 ACT6P5 6 ACUT6P5
10 ACT10P5 10 ACUT10P5 15 ACT15P5 15 ACUT15P5 20
ACT20P5 20 ACUT20P5
B36000000x – B36499999x
B66000000x – B66499999x B96000000x – B96499999x
G38070000x – G38089999x G68070000x – G68089999x G98070000x – G98089999x
A.
FLCP3 FLCP3 (EP) 1. 100
2. -
(1)
5 1.8% 5, 8, 11, 14, 17 20 3%
- ( 3)
( ) -
( ) - ; 10
3 3( )
14
FLCP3 FLCP3 (EP)
3. (i) (2)
(ii)
(iii) ( ) (iv) ( )
( )
(4)
(i) (1) (2)
(ii)
(iii) ( ) (iv) ( )
( )
(i) (1) (2)
(3)
(ii)
(iii) ( ) (iv) ( )
( )
4. (i) (1) (2) (ii)
(iii) ( ) (iv) ( )
( )
5.
6. (APL)
APL
(APL) APL
7.
8. (1) (2)
(3)
(1) 3
3( ) (2)
(3) ( ) 100 (4)
3 3( )
15
B. FLCP3 FLCP3 (EP)
1. (Level and guaranteed)
2. 6 / 10 / 15 / 20
3. ( )
( )
4. / / /
5.
(US$)
( ) 6 10 15 20
5,000 – 9,999 +9.00 +5.00 +4.00 +4.00 10,000 – 19,999 +4.00 +2.25 +1.75 +1.75 20,000 – 34,999 +1.25 +0.75 +0.50 +0.50 35,000 – 74,999 N/A N/A N/A N/A 75,000 – 149,999 -0.75 -0.50 -0.25 -0.25 150,000 -1.00 -0.75 -0.50 -0.50
C.
FLCP3 FLCP3 (EP) 1.
6 10 15 20
0 65 0 60 0 55 0 55
2. 5,000
3.
4. (US$)
5. WP( 3( ) ) WP WPCI Pro SCIR Pro ECIR Pro PB PBCI Pro SGHR HB AI ADD SADDADB Term Riders PCR Pro PACS CEO Medical Rider Regal Health Rider
6. 1,000,000(5)
7.
(5) 3 ( ) 2 ( ) 1,000,000 / 7,500,000
3 3( )
16
FLCP3 FLCP3 (EP)
8. - DB5L DB5M ( )
DB5N ( ) - DB4I DB4K - DB4H DB4J - AECG AECH - (6 ) DB6R DB9E - (10 ) DB9B DB9F - (15 ) DB9C DB9G - (20 ) DB9D DB9H -
Contract Library
3 3( )
17
D. FLCP3 FLCP3 (EP)
1. 3
( ) 2 (
) 1,000,000 / 7,500,000
2. 3
( ) 2 (
) 1,000,000 / 7,500,000
(AMLG) /
3. 3
( ) 2 (
) 1,000,000 / 7,500,000
()
(temporary flat amount rating)
(permanent flat amount rating) 1 $2.50
(MR) (NR) 0 50
MR‘D’* (permanent flat amount rating)
51 65 MR‘B’*
(permanent flat amount rating)
* (NR) (MR+NR)
MR“B” “P”
4.
5.
6. (Date Back) (Date Forward)
7. (OPUAIF00)
8.
3 3( )
18
E. FLCP3 FLCP3 (EP)
1.
2.
3. 1,000,000 / 7,500,000 (5)
4. (Appeal Loading)
5. ( )3 3 ( )
3 3 ( ) :
3 D (1)
- (OPPOSF04) - (OPPOSF07) (2)
(1) [ ] – [
] + [ ]
(2)
6.
7.
8. 3 3( )
( 60) ( 70) ( 80)
(Ref: A2010097) (Ref: A2011095)
F.
FLCP3 FLCP3 (EP) 1. (PGS) PGS 11.0
2. PTA999145.0813
PTA999146.0813
PTA999147.0813 PTA999148.0813
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
19 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
3 ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 166.32 95.91 72.49 59.25 36 181.56 106.12 82.65 69.36 1 166.55 96.07 72.53 59.30 37 182.15 106.57 83.43 69.96 2 166.80 96.25 72.59 59.35 38 182.76 107.05 84.24 70.57 3 167.09 96.45 72.67 59.42 39 183.37 107.54 85.09 71.20 4 167.38 96.66 72.77 59.50 40 183.98 108.04 85.97 71.87 5 167.72 96.89 72.88 59.60 41 184.61 108.55 86.87 72.58 6 168.07 97.12 73.00 59.72 42 185.23 109.10 87.84 73.36 7 168.42 97.36 73.12 59.84 43 185.89 109.65 88.88 74.19 8 168.79 97.60 73.26 59.97 44 186.54 110.26 89.99 75.10 9 169.15 97.85 73.40 60.11 45 187.23 110.92 91.20 76.13 10 169.53 98.11 73.54 60.27 46 187.93 111.66 92.55 77.27 11 169.90 98.36 73.69 60.42 47 188.66 112.51 94.06 78.56 12 170.28 98.61 73.85 60.58 48 189.42 113.51 95.75 80.01 13 170.66 98.87 74.01 60.75 49 190.21 114.70 97.65 81.64 14 171.05 99.14 74.17 60.93 50 191.02 116.10 99.81 83.47 15 171.45 99.40 74.35 61.12 51 191.87 117.73 102.23 85.51 16 171.85 99.67 74.53 61.32 52 192.74 119.65 104.93 87.77 17 172.25 99.94 74.73 61.54 53 193.68 121.84 107.93 90.26 18 172.67 100.21 74.95 61.77 54 194.68 124.30 111.22 92.98 19 173.09 100.50 75.18 62.03 55 195.80 127.06 114.82 95.93 20 173.52 100.78 75.42 62.30 56 197.03 129.88 21 173.94 101.05 75.68 62.60 57 198.40 132.73 22 174.38 101.34 75.95 62.93 58 199.94 135.64 23 174.83 101.62 76.25 63.26 59 201.65 138.57 24 175.27 101.93 76.56 63.63 60 203.54 141.59 25 175.73 102.23 76.90 64.02 61 205.62 26 176.20 102.54 77.26 64.41 62 207.90 27 176.68 102.86 77.64 64.83 63 210.36 28 177.18 103.19 78.05 65.27 64 213.02 29 177.68 103.53 78.49 65.72 65 215.87 30 178.20 103.86 78.96 66.18 31 178.74 104.20 79.47 66.68 32 179.28 104.55 80.03 67.18 33 179.84 104.92 80.62 67.69 34 180.40 105.30 81.25 68.23 35 180.97 105.72 81.94 68.79
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
20 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
3 ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 165.59 95.49 72.18 58.98 36 179.03 105.08 80.52 66.47 1 165.85 95.66 72.22 59.05 37 179.49 105.49 81.15 66.89 2 166.13 95.83 72.29 59.12 38 179.95 105.94 81.79 67.34 3 166.42 96.03 72.37 59.21 39 180.42 106.42 82.48 67.79 4 166.73 96.23 72.46 59.31 40 180.89 106.93 83.20 68.27 5 167.04 96.44 72.56 59.42 41 181.38 107.48 83.95 68.77 6 167.36 96.66 72.68 59.52 42 181.86 108.07 84.76 69.30 7 167.70 96.90 72.80 59.64 43 182.35 108.71 85.63 69.88 8 168.03 97.13 72.92 59.76 44 182.85 109.39 86.57 70.51 9 168.36 97.37 73.05 59.88 45 183.36 110.12 87.59 71.21 10 168.70 97.60 73.18 60.02 46 183.88 110.92 88.72 71.98 11 169.05 97.85 73.30 60.15 47 184.41 111.78 89.94 72.86 12 169.39 98.10 73.43 60.28 48 184.95 112.71 91.29 73.83 13 169.73 98.34 73.56 60.42 49 185.51 113.71 92.77 74.92 14 170.09 98.59 73.71 60.56 50 186.08 114.80 94.38 76.13 15 170.45 98.84 73.85 60.71 51 186.67 115.98 96.14 77.46 16 170.82 99.10 74.00 60.88 52 187.28 117.23 98.03 78.91 17 171.20 99.35 74.16 61.04 53 187.93 118.59 100.07 80.50 18 171.58 99.62 74.34 61.20 54 188.60 120.06 102.26 82.22 19 171.96 99.89 74.51 61.38 55 189.31 121.64 104.60 84.06 20 172.35 100.15 74.71 61.56 56 190.06 123.39 21 172.73 100.42 74.90 61.75 57 190.88 125.33 22 173.12 100.68 75.12 61.94 58 191.77 127.53 23 173.53 100.97 75.34 62.16 59 192.77 130.00 24 173.92 101.25 75.57 62.39 60 193.90 132.77 25 174.33 101.52 75.81 62.64 61 195.20 26 174.74 101.82 76.08 62.90 62 196.82 27 175.14 102.10 76.37 63.19 63 198.96 28 175.57 102.39 76.68 63.49 64 201.68 29 175.98 102.70 77.03 63.82 65 205.01 30 176.39 102.99 77.42 64.16 31 176.83 103.31 77.85 64.51 32 177.26 103.64 78.31 64.88 33 177.69 103.98 78.82 65.25 34 178.13 104.31 79.35 65.64 35 178.59 104.68 79.92 66.05
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
21 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
(WP) ( 1,000 ) Annual Premium Rate for Waiver of Premium (WP) (Per $1,000 Face Amount)
Male Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 16 0.29 0.26 0.27 0.28 16 0.29 0.25 0.27 0.28 17 0.29 0.26 0.27 0.28 17 0.29 0.26 0.27 0.28 18 0.29 0.26 0.27 0.28 18 0.29 0.26 0.27 0.28 19 0.29 0.26 0.27 0.28 19 0.29 0.26 0.27 0.28 20 0.29 0.26 0.27 0.29 20 0.29 0.26 0.27 0.28 21 0.29 0.26 0.27 0.29 21 0.29 0.26 0.27 0.29 22 0.29 0.26 0.28 0.30 22 0.29 0.26 0.27 0.29 23 0.29 0.26 0.28 0.30 23 0.29 0.26 0.28 0.30 24 0.30 0.26 0.28 0.31 24 0.29 0.26 0.28 0.30 25 0.30 0.26 0.29 0.32 25 0.29 0.26 0.28 0.31 26 0.30 0.27 0.29 0.33 26 0.29 0.27 0.29 0.33 27 0.30 0.27 0.30 0.35 27 0.30 0.27 0.30 0.34 28 0.30 0.28 0.31 0.37 28 0.30 0.27 0.31 0.36 29 0.31 0.28 0.32 0.39 29 0.31 0.28 0.32 0.38 30 0.31 0.29 0.34 0.42 30 0.31 0.29 0.34 0.41 31 0.32 0.30 0.36 0.46 31 0.32 0.30 0.36 0.45 32 0.34 0.32 0.39 0.51 32 0.33 0.32 0.38 0.49 33 0.35 0.33 0.42 0.56 33 0.34 0.33 0.42 0.54 34 0.36 0.36 0.47 0.62 34 0.36 0.35 0.46 0.60 35 0.38 0.39 0.52 0.70 35 0.38 0.38 0.51 0.67 36 0.41 0.42 0.58 0.79 36 0.41 0.42 0.57 0.76 37 0.45 0.47 0.65 0.89 37 0.44 0.46 0.64 0.86 38 0.49 0.53 0.74 1.01 38 0.48 0.52 0.72 0.98 39 0.55 0.59 0.85 1.16 39 0.54 0.59 0.82 1.11 40 0.62 0.68 0.97 1.32 40 0.61 0.67 0.94 1.27 41 0.71 0.78 1.11 1.54 41 0.70 0.77 1.08 1.48 42 0.81 0.89 1.28 1.77 42 0.80 0.88 1.25 1.70 43 0.94 1.02 1.48 2.03 43 0.92 1.02 1.43 1.95 44 1.08 1.17 1.70 2.30 44 1.06 1.17 1.65 2.21 45 1.24 1.34 1.95 2.60 45 1.22 1.34 1.90 2.49 46 1.41 1.53 2.31 2.92 46 1.39 1.53 2.24 2.80 47 1.60 1.75 2.69 3.26 47 1.57 1.75 2.62 3.13 48 1.82 2.00 3.11 3.64 48 1.78 2.00 3.03 3.48 49 2.07 2.28 3.57 4.06 49 2.02 2.28 3.47 3.87 50 2.35 2.62 4.08 4.52 50 2.30 2.62 3.96 4.30 51 2.78 3.28 4.82 5.22 51 2.72 3.27 4.67 4.95 52 3.30 4.04 5.68 6.02 52 3.22 4.02 5.48 5.68 53 3.91 4.93 6.69 6.95 53 3.82 4.89 6.42 6.53 54 4.63 5.96 7.85 8.03 54 4.52 5.88 7.50 7.50 55 6.00 7.17 9.22 9.29 55 5.86 7.02 8.75 8.61
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
22 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.17 0.15 0.16 0.16 31 0.74 0.79 1.09 1.49 1 0.17 0.15 0.16 0.16 32 0.84 0.90 1.24 1.70 2 0.17 0.15 0.16 0.16 33 0.96 1.03 1.43 1.94 3 0.17 0.15 0.16 0.16 34 1.09 1.18 1.63 2.20 4 0.17 0.15 0.16 0.16 35 1.25 1.35 1.87 2.50 5 0.17 0.15 0.16 0.16 36 1.42 1.54 2.13 2.83 6 0.17 0.15 0.16 0.16 37 1.63 1.76 2.43 3.21 7 0.17 0.15 0.16 0.16 38 1.86 2.00 2.78 3.62 8 0.17 0.15 0.16 0.17 39 2.12 2.29 3.16 4.07 9 0.17 0.15 0.16 0.17 40 2.43 2.60 3.59 4.57
10 0.17 0.15 0.16 0.17 41 2.77 2.96 4.06 5.12 11 0.17 0.15 0.16 0.18 42 3.15 3.35 4.59 5.72 12 0.17 0.15 0.16 0.18 43 3.57 3.78 5.16 6.37 13 0.17 0.15 0.17 0.19 44 4.03 4.25 5.79 7.08 14 0.17 0.15 0.17 0.20 45 4.55 4.78 6.49 7.84 15 0.17 0.15 0.18 0.22 46 5.11 5.34 7.25 8.67 16 0.17 0.16 0.19 0.23 47 5.72 5.96 8.08 9.57 17 0.17 0.16 0.20 0.26 48 6.38 6.62 8.98 10.55 18 0.18 0.17 0.21 0.28 49 7.09 7.35 9.97 11.60 19 0.18 0.18 0.23 0.31 50 7.85 8.15 11.04 12.75 20 0.19 0.20 0.26 0.35 51 8.65 9.01 12.21 14.00 21 0.20 0.22 0.29 0.39 52 9.49 9.93 13.48 15.36 22 0.22 0.24 0.33 0.45 53 10.34 10.91 14.85 16.81 23 0.26 0.28 0.38 0.51 54 11.26 11.98 16.34 18.41 24 0.30 0.32 0.43 0.59 55 12.25 13.15 17.98 20.15 25 0.34 0.36 0.49 0.67 56 13.30 14.38 26 0.39 0.42 0.56 0.77 57 14.36 15.66 27 0.44 0.47 0.64 0.88 58 15.44 16.99 28 0.50 0.54 0.73 1.00 59 16.55 18.37 29 0.57 0.61 0.83 1.14 60 17.67 19.83 30 0.65 0.69 0.95 1.31
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
23 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.23 0.20 0.22 0.22 31 1.28 1.34 1.70 2.08 1 0.23 0.20 0.22 0.22 32 1.45 1.50 1.88 2.29 2 0.23 0.21 0.22 0.22 33 1.63 1.68 2.09 2.52 3 0.23 0.21 0.22 0.22 34 1.82 1.86 2.31 2.76 4 0.23 0.21 0.22 0.22 35 2.03 2.06 2.54 3.02 5 0.23 0.21 0.22 0.23 36 2.23 2.26 2.78 3.29 6 0.24 0.21 0.22 0.23 37 2.46 2.47 3.04 3.58 7 0.24 0.21 0.22 0.23 38 2.69 2.70 3.31 3.88 8 0.24 0.21 0.22 0.23 39 2.94 2.94 3.60 4.20 9 0.24 0.21 0.22 0.24 40 3.20 3.19 3.91 4.54 10 0.24 0.21 0.22 0.25 41 3.47 3.45 4.24 4.91 11 0.24 0.21 0.22 0.26 42 3.75 3.74 4.60 5.29 12 0.24 0.21 0.23 0.27 43 4.04 4.03 4.97 5.70 13 0.24 0.21 0.24 0.29 44 4.34 4.35 5.38 6.14 14 0.24 0.21 0.25 0.31 45 4.67 4.69 5.82 6.61 15 0.24 0.22 0.26 0.33 46 5.02 5.05 6.30 7.13 16 0.24 0.22 0.28 0.37 47 5.39 5.44 6.82 7.69 17 0.24 0.23 0.30 0.40 48 5.78 5.86 7.38 8.30 18 0.25 0.25 0.33 0.45 49 6.20 6.31 7.99 8.97 19 0.26 0.27 0.37 0.51 50 6.64 6.80 8.65 9.71 20 0.28 0.30 0.42 0.57 51 7.11 7.32 9.38 10.52 21 0.31 0.34 0.48 0.65 52 7.60 7.88 10.17 11.41 22 0.35 0.40 0.55 0.74 53 8.12 8.48 11.05 12.40 23 0.42 0.46 0.63 0.84 54 8.68 9.13 12.03 13.49 24 0.49 0.54 0.73 0.95 55 9.29 9.84 13.11 14.69 25 0.57 0.62 0.83 1.08 56 9.93 10.62 26 0.66 0.71 0.94 1.22 57 10.60 11.48 27 0.76 0.82 1.07 1.36 58 11.28 12.44 28 0.87 0.93 1.21 1.52 59 12.04 13.54 29 0.99 1.06 1.36 1.69 60 12.89 14.82 30 1.13 1.19 1.52 1.88
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
24 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
3( ) ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Enhanced Protection) (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 168.85 97.37 73.32 59.96 36 185.26 107.82 83.30 69.77 1 169.10 97.52 73.34 59.98 37 185.86 108.28 84.08 70.39 2 169.40 97.70 73.37 60.03 38 186.48 108.76 84.90 71.05 3 169.71 97.88 73.41 60.09 39 187.12 109.25 85.76 71.74 4 170.05 98.08 73.47 60.17 40 187.80 109.75 86.66 72.46 5 170.41 98.31 73.54 60.27 41 188.52 110.25 87.57 73.23 6 170.79 98.55 73.64 60.38 42 189.28 110.78 88.55 74.04 7 171.17 98.79 73.75 60.50 43 190.07 111.32 89.60 74.92 8 171.59 99.05 73.88 60.61 44 190.90 111.91 90.74 75.86 9 171.99 99.30 74.02 60.76 45 191.76 112.58 92.00 76.91 10 172.39 99.56 74.16 60.90 46 192.66 113.35 93.39 78.07 11 172.81 99.81 74.32 61.05 47 193.55 114.26 94.95 79.37 12 173.22 100.08 74.48 61.20 48 194.46 115.34 96.70 80.82 13 173.64 100.36 74.64 61.37 49 195.38 116.63 98.68 82.46 14 174.07 100.62 74.81 61.54 50 196.30 118.13 100.88 84.30 15 174.50 100.89 74.98 61.73 51 197.21 119.88 103.35 86.35 16 174.93 101.15 75.17 61.92 52 198.15 121.85 106.09 88.64 17 175.38 101.44 75.35 62.13 53 199.12 124.04 109.10 91.15 18 175.84 101.72 75.55 62.36 54 200.16 126.43 112.38 93.89 19 176.30 102.00 75.76 62.59 55 201.28 129.00 115.93 96.88 20 176.77 102.30 75.98 62.85 56 202.53 131.70 21 177.23 102.59 76.21 63.11 57 203.95 134.53 22 177.70 102.87 76.47 63.41 58 205.52 137.49 23 178.18 103.18 76.75 63.71 59 207.27 140.57 24 178.67 103.48 77.03 64.04 60 209.23 143.75 25 179.17 103.79 77.36 64.40 61 211.36 26 179.69 104.12 77.71 64.78 62 213.71 27 180.21 104.44 78.08 65.18 63 216.23 28 180.74 104.76 78.49 65.62 64 218.98 29 181.29 105.10 78.95 66.06 65 221.92 30 181.84 105.45 79.43 66.53 31 182.39 105.81 79.97 67.02 32 182.96 106.17 80.55 67.53 33 183.52 106.55 81.17 68.05 34 184.10 106.95 81.84 68.59 35 184.67 107.38 82.55 69.17
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
25 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
3( ) ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Enhanced Protection) (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 168.07 96.94 73.04 59.70 36 182.53 106.66 81.02 66.96 1 168.32 97.10 73.07 59.74 37 183.01 107.08 81.66 67.44 2 168.59 97.28 73.12 59.79 38 183.51 107.53 82.35 67.94 3 168.88 97.47 73.18 59.84 39 184.02 108.01 83.08 68.46 4 169.20 97.67 73.26 59.92 40 184.57 108.53 83.84 69.01 5 169.53 97.88 73.35 59.99 41 185.13 109.08 84.65 69.59 6 169.88 98.11 73.44 60.08 42 185.70 109.68 85.51 70.19 7 170.24 98.34 73.55 60.18 43 186.29 110.32 86.42 70.82 8 170.61 98.58 73.67 60.28 44 186.91 111.02 87.39 71.49 9 170.98 98.82 73.79 60.39 45 187.53 111.77 88.44 72.21 10 171.36 99.07 73.91 60.50 46 188.18 112.59 89.58 72.99 11 171.74 99.31 74.03 60.61 47 188.83 113.47 90.81 73.85 12 172.12 99.56 74.16 60.73 48 189.50 114.41 92.15 74.78 13 172.51 99.80 74.28 60.85 49 190.17 115.42 93.62 75.83 14 172.91 100.06 74.41 60.99 50 190.86 116.51 95.23 77.00 15 173.30 100.31 74.56 61.12 51 191.55 117.68 96.99 78.29 16 173.70 100.57 74.70 61.26 52 192.24 118.93 98.90 79.73 17 174.12 100.84 74.84 61.40 53 192.93 120.30 100.97 81.32 18 174.52 101.10 75.00 61.55 54 193.63 121.81 103.20 83.07 19 174.95 101.37 75.17 61.72 55 194.35 123.45 105.59 84.97 20 175.36 101.63 75.34 61.90 56 195.09 125.28 21 175.78 101.92 75.53 62.09 57 195.91 127.32 22 176.22 102.20 75.72 62.29 58 196.84 129.56 23 176.65 102.47 75.94 62.51 59 197.93 132.01 24 177.08 102.75 76.16 62.74 60 199.24 134.69 25 177.53 103.05 76.40 62.99 61 200.81 26 177.96 103.33 76.66 63.26 62 202.67 27 178.41 103.63 76.94 63.55 63 204.87 28 178.86 103.93 77.26 63.84 64 207.38 29 179.31 104.23 77.60 64.17 65 210.25 30 179.76 104.54 77.97 64.51 31 180.21 104.86 78.38 64.87 32 180.66 105.17 78.83 65.24 33 181.11 105.51 79.32 65.64 34 181.58 105.87 79.84 66.05 35 182.05 106.25 80.41 66.49
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
26 For Internal Reference Only
: - 3( ) Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
(WP) ( 1,000 ) Annual Premium Rate for Waiver of Premium (WP) (Per $1,000 Face Amount)
Male Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 16 0.29 0.26 0.27 0.28 16 0.29 0.26 0.27 0.28 17 0.30 0.26 0.27 0.28 17 0.29 0.26 0.27 0.28 18 0.30 0.26 0.27 0.28 18 0.29 0.26 0.27 0.28 19 0.30 0.26 0.27 0.29 19 0.29 0.26 0.27 0.28 20 0.30 0.26 0.27 0.29 20 0.30 0.26 0.27 0.29 21 0.30 0.26 0.27 0.29 21 0.30 0.26 0.27 0.29 22 0.30 0.26 0.28 0.30 22 0.30 0.26 0.27 0.29 23 0.30 0.27 0.28 0.30 23 0.30 0.26 0.28 0.30 24 0.30 0.27 0.28 0.31 24 0.30 0.27 0.28 0.31 25 0.30 0.27 0.29 0.32 25 0.30 0.27 0.29 0.32 26 0.30 0.27 0.29 0.33 26 0.30 0.27 0.29 0.33 27 0.31 0.28 0.30 0.35 27 0.30 0.27 0.30 0.34 28 0.31 0.28 0.31 0.37 28 0.31 0.28 0.31 0.36 29 0.31 0.29 0.33 0.40 29 0.31 0.29 0.32 0.39 30 0.32 0.30 0.34 0.43 30 0.32 0.29 0.34 0.42 31 0.33 0.31 0.37 0.46 31 0.33 0.31 0.36 0.45 32 0.34 0.32 0.39 0.51 32 0.34 0.32 0.39 0.49 33 0.35 0.34 0.43 0.56 33 0.35 0.34 0.42 0.55 34 0.37 0.36 0.47 0.63 34 0.36 0.36 0.46 0.61 35 0.39 0.39 0.52 0.70 35 0.39 0.39 0.51 0.68 36 0.42 0.43 0.58 0.79 36 0.41 0.43 0.57 0.77 37 0.46 0.48 0.66 0.90 37 0.45 0.47 0.64 0.87 38 0.50 0.53 0.75 1.02 38 0.49 0.53 0.73 0.99 39 0.56 0.60 0.85 1.17 39 0.55 0.60 0.83 1.12 40 0.63 0.69 0.98 1.33 40 0.62 0.68 0.95 1.29 41 0.72 0.79 1.12 1.55 41 0.71 0.78 1.09 1.50 42 0.83 0.90 1.29 1.79 42 0.82 0.90 1.26 1.73 43 0.96 1.04 1.49 2.05 43 0.94 1.03 1.45 1.97 44 1.11 1.19 1.71 2.32 44 1.09 1.18 1.67 2.24 45 1.27 1.36 1.97 2.62 45 1.25 1.36 1.92 2.53 46 1.45 1.55 2.33 2.95 46 1.42 1.55 2.27 2.84 47 1.65 1.77 2.72 3.30 47 1.61 1.77 2.64 3.17 48 1.87 2.03 3.14 3.68 48 1.83 2.03 3.06 3.53 49 2.12 2.32 3.61 4.10 49 2.07 2.32 3.50 3.92 50 2.42 2.66 4.13 4.57 50 2.36 2.65 4.00 4.35 51 2.86 3.34 4.88 5.27 51 2.79 3.32 4.71 5.00 52 3.39 4.12 5.75 6.08 52 3.31 4.08 5.53 5.74 53 4.02 5.02 6.76 7.02 53 3.92 4.96 6.48 6.60 54 4.76 6.06 7.93 8.11 54 4.64 5.96 7.57 7.57 55 6.17 7.28 9.31 9.38 55 6.02 7.13 8.83 8.71
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
27 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.17 0.15 0.16 0.16 31 0.75 0.80 1.09 1.50 1 0.17 0.15 0.16 0.16 32 0.85 0.92 1.25 1.71 2 0.17 0.15 0.16 0.16 33 0.98 1.05 1.44 1.95 3 0.17 0.15 0.16 0.16 34 1.12 1.20 1.64 2.21 4 0.17 0.15 0.16 0.16 35 1.27 1.37 1.88 2.52 5 0.17 0.15 0.16 0.16 36 1.45 1.56 2.15 2.85 6 0.17 0.15 0.16 0.16 37 1.66 1.78 2.45 3.23 7 0.17 0.15 0.16 0.17 38 1.90 2.04 2.80 3.64 8 0.17 0.15 0.16 0.17 39 2.17 2.32 3.18 4.10 9 0.17 0.15 0.16 0.17 40 2.48 2.64 3.62 4.61
10 0.17 0.15 0.16 0.17 41 2.83 3.00 4.10 5.17 11 0.17 0.15 0.16 0.18 42 3.22 3.40 4.62 5.77 12 0.18 0.15 0.16 0.19 43 3.65 3.84 5.20 6.43 13 0.18 0.15 0.17 0.19 44 4.13 4.32 5.84 7.15 14 0.18 0.16 0.17 0.21 45 4.66 4.85 6.54 7.92 15 0.18 0.16 0.18 0.22 46 5.24 5.42 7.31 8.76 16 0.18 0.16 0.19 0.24 47 5.87 6.05 8.16 9.67 17 0.18 0.16 0.20 0.26 48 6.55 6.73 9.07 10.65 18 0.18 0.17 0.22 0.28 49 7.28 7.48 10.07 11.72 19 0.18 0.18 0.24 0.31 50 8.07 8.29 11.16 12.88 20 0.19 0.20 0.26 0.35 51 8.90 9.17 12.35 14.14 21 0.21 0.22 0.29 0.40 52 9.76 10.12 13.63 15.51 22 0.23 0.25 0.33 0.45 53 10.63 11.11 15.01 16.98 23 0.26 0.28 0.38 0.52 54 11.58 12.19 16.51 18.59 24 0.30 0.32 0.43 0.59 55 12.60 13.35 18.16 20.35 25 0.35 0.37 0.49 0.68 56 13.67 14.58 26 0.40 0.42 0.56 0.77 57 14.77 15.87 27 0.45 0.48 0.64 0.88 58 15.87 17.22 28 0.51 0.54 0.73 1.01 59 17.01 18.64 29 0.58 0.62 0.84 1.15 60 18.16 20.13 30 0.66 0.71 0.96 1.31
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
28 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.24 0.21 0.22 0.23 31 1.31 1.36 1.71 2.09 1 0.24 0.21 0.22 0.23 32 1.48 1.53 1.90 2.31 2 0.24 0.21 0.22 0.23 33 1.66 1.70 2.10 2.54 3 0.24 0.21 0.22 0.23 34 1.86 1.89 2.32 2.78 4 0.24 0.21 0.22 0.23 35 2.07 2.09 2.55 3.04 5 0.24 0.21 0.22 0.23 36 2.28 2.29 2.80 3.31 6 0.24 0.21 0.22 0.23 37 2.51 2.51 3.06 3.60 7 0.24 0.21 0.22 0.23 38 2.75 2.74 3.33 3.91 8 0.24 0.21 0.22 0.24 39 3.00 2.98 3.63 4.24 9 0.24 0.21 0.22 0.24 40 3.26 3.24 3.94 4.59 10 0.24 0.21 0.22 0.25 41 3.54 3.51 4.28 4.96 11 0.24 0.21 0.23 0.26 42 3.83 3.79 4.64 5.36 12 0.24 0.21 0.23 0.27 43 4.12 4.09 5.02 5.78 13 0.24 0.21 0.24 0.29 44 4.44 4.41 5.43 6.23 14 0.24 0.22 0.25 0.31 45 4.78 4.76 5.88 6.71 15 0.24 0.22 0.26 0.34 46 5.14 5.13 6.36 7.23 16 0.24 0.23 0.28 0.37 47 5.52 5.53 6.88 7.79 17 0.25 0.24 0.30 0.41 48 5.93 5.95 7.45 8.40 18 0.25 0.25 0.33 0.45 49 6.35 6.41 8.06 9.08 19 0.26 0.28 0.37 0.51 50 6.81 6.90 8.73 9.82 20 0.28 0.31 0.42 0.58 51 7.29 7.43 9.46 10.63 21 0.31 0.35 0.48 0.65 52 7.80 8.00 10.26 11.53 22 0.36 0.40 0.55 0.74 53 8.34 8.60 11.15 12.52 23 0.42 0.47 0.64 0.85 54 8.91 9.26 12.14 13.63 24 0.50 0.54 0.73 0.96 55 9.53 9.98 13.24 14.85 25 0.58 0.63 0.84 1.09 56 10.19 10.78 26 0.67 0.73 0.95 1.22 57 10.88 11.66 27 0.78 0.83 1.08 1.37 58 11.58 12.64 28 0.88 0.94 1.21 1.53 59 12.36 13.75 29 1.01 1.07 1.37 1.70 60 13.24 15.03 30 1.15 1.21 1.53 1.89
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
1 For Internal Reference Only
Table of Content
I. Product Positioning ................................................................................................................. 2 II. Existing Customer Base Analysis ............................................................................................ 3 III. Global Interest Rate Trend ...................................................................................................... 5 IV. New Product Highlights ........................................................................................................... 6 V. Case Analysis ........................................................................................................................ 11 Appendix 1: Product Description
A. Benefit ........................................................................................................................... 13 B. Premium ........................................................................................................................ 15 C. Product Particulars ........................................................................................................ 15 D. Underwriting Guidelines ................................................................................................ 17 E. POS Guidelines ............................................................................................................. 19 F. Others ............................................................................................................................ 20
Appendix 2: Premium Rate Table – Forever Love Coupon Plan 3 .............................................. 21
Annual Premium Rate for Forever Love Coupon Plan 3 Annual Premium Rate for Waiver of Premium (WP) Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro)
Appendix 3: Premium Rate Table – Forever Love Coupon Plan 2 (Enhanced Protection) .......... 26
Annual Premium Rate for Forever Love Coupon Plan 3 (Enhanced Protection) Annual Premium Rate for Waiver of Premium (WP) Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro)
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
2 For Internal Reference Only
I. Product Positioning
Forever Love Coupon Plan 2 series and Spring Income Plan are AIA Hong Kong’s hot selling products with saving elements. Some of their product features are similar. The positioning of the two products is as follows for your reference
Forever Love Coupon Plan 2
Series
Within the customer base, most people are
fresh graduates and people aged 18-30 who want to start a
business, followed by children aged 0-5.
Spring Income Plan
Over half of the customers are people aged 41-60 preparing for
retirement.
*Data of Forever Love Coupon Plan 2 are collected from the approved policies as at 4 July 2013 / Data of Spring Income Plan are collected from the approved policies as at 4 July 2013
~20% ~26% Major Customer Base*
Age of Insured
~58% Major Customer Base*
(Age of Insured)
Age 0-5
Age 18-30
Age 51-60
Age 41-50
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
3 For Internal Reference Only
II. Existing Customer Base Analysis
The sales information of Forever Love Coupon Plan 2 series (FLCP2) (based on approved policies as at 4 Jul 2013) is as follows:
Percentage of Policies by Insured’s Age Group
Percentage of Policies by Owner’s Age Group
Most Insureds of Forever Love Coupon Plan 2 series are aged 18-30 followed by children aged 0-5. Most of the Owners are aged 31-40, followed by those aged 18-30. It can be inferred from this that those aged 18-30, including fresh graduates, career starters and those who want to start their own business, are buying FLCP2 themselves for savings. Separately, those aged 31-40 are purchasing FLCP2 for their children aged 0-5. Given the young age of the children, the premiums are relatively cheap, and FLCP2 can be used to prepare for their educational expenses.
Insured’s Age
No. of Policies
No. of Policies
Owner’s Age
Male Insured
Male Owner
Female Insured
Female Owner
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
4 For Internal Reference Only
As over half of Insureds and Owners are female, the female market should not be ignored.
Percentage of Policies by Premium Payment Period
The chart above shows the distribution of premium payment periods for FLCP2. From the above chart, it can be observed that the 5-year premium payment period is less popular than the others, so we will not include this premium payment period in our new Forever Love Coupon Plan 3 series, for which only popular premium payment periods will be kept. On the other hand, the number of policies are distributed evenly across the other four premium payment periods, with the 20-year and 10-year premium payment periods being the most popular.
Female 54%
Female 60%
Male 46%
Male 40%
5-year 4%
6-year 24%
10-year 27%
15-year 17%
20-year 28%
Percentage of Policies by Insured’s Gender
Percentage of Policies by Owner’s Gender
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
5 For Internal Reference Only
III. Global Interest Rate Trend
Given that global interest rates remain low, global investment returns, especially US Treasury yields, have suffered declines in the past few years. Major economies have also adopted conservative economic policies, signaling that the return on investment trend will continue to be downward for the near future.
Historical 30-year US Treasury Yields since Jan 2007
Source : Bloomberg (as of Feb 2013)
Historical 30-year US A-rated Yields since Jan 2007
Source : Bloomberg (as of Feb 2013) Credit Rating from Standard & Poor’s
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
6 For Internal Reference Only
IV. New Product Highlights
Based on the above-mentioned factors, after much consideration, AIA Hong Kong will launch Forever Love Coupon Plan 3 series on 12 August, 2013 (the first application date). Starting from 1 September, 2013, the existing Forever Love Coupon Plan 2 series will be shelved. The detailed comparisons between Forever Love Coupon Plan 3 series and Forever Love Coupon Plan 2 series are as follows:
Product Comparison
FLCP 3 FLCP 3 (EP)
FLCP 2 FLCP 2 (EP)
Premium Payment Period
4 choices 6, 10, 15, 20 years
5 choices 5, 6, 10, 15, 20 years
Benefit Upgrade Guaranteed Cash Payment Guaranteed Cash Payment Policy
Anniversary 5 and every year
thereafter
Percentage of Face Amount
1.8%
Policy Anniversary 5-20 (every
year)
Percentage of Face Amount
1.5%
21 and every year thereafter
2%
5, 8, 11, 14, 17 and 20
extra 3% 5, 10, 15 and 20 extra 5%
Premium Rate – Premium Payment
Period 6 / 10 / 15 / 20
years
[compared with FLCP 2 and FLCP 2(EP)]
All increase 9.0%
Prepayment Customers purchasing Forever
Love Coupon Plan 3 series (6-year premium payment period)
can prepay up to six years of premiums^
Customers purchasing Forever Love Coupon Plan 2 series
(5-years premium payment period) can prepay up to five years of
premiums^
^ After deducting the initial policy premium, the remaining amount will then be deposited at a non-guaranteed interest rate into the Future Premium Deposit Account which will be used to pay the policy premium for the following years. The current interest rate for the Future Premium Deposit Account is 0.25% per annum.
The above comparison is for reference only. Please refer to the Policy Contract for the definitions of capitalized terms, and the exact and complete terms and conditions of coverage. For details of the benefits, premium, product particulars, underwriting guidelines and POS guidelines, etc for Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection), please refer to Appendix 1.
Return Comparison of New and Old Series The return comparisons of Forever Love Coupon Plan 3 (FLCP3) vs. Forever Love Coupon Plan 2 (FLCP2) and Forever Love Coupon Plan 3 (Enhanced Protection) (FLCP3 (EP)) vs. Forever Love Coupon Plan 2 (Enhanced Protection) (FLCP2 (EP)) are as follows:
New
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
7 For Internal Reference Only
The following return comparisons are based on male, non-smoker and total premium = US$50,000 for each relevant premium payment period.
FLCP 3 Vs. FLCP 2 Age 0 Age 40
IRR FLCP 3 FLCP 2 FLCP 3 FLCP 2 Guaranteed
IRR
Year 20 0.96% 1.70% 1.31% 1.64% Year 30 1.49% 2.04% 1.70% 1.96%
Total IRR Year 20 3.94% 4.53% 4.07% 4.47% Year 30 4.36% 4.69% 4.43% 4.68%
Guaranteed Breakeven
Year 14 11 13 11
Total Breakeven
Year 10 9 10 9
FLCP 3 (EP) Vs. FLCP 2 (EP) Age 0 Age 40
IRR FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
Guaranteed IRR
Year 20 0.86% 1.59% 1.17% 1.50% Year 30 1.41% 1.97% 1.60% 1.86%
Total IRR Year 20 3.85% 4.44% 3.95% 4.35% Year 30 4.31% 4.63% 4.35% 4.60%
Guaranteed Breakeven
Year 15 12 13 12
Total Breakeven
Year 10 9 10 9
Note: please refer to page 12 for the remark.
Conclusion: Guaranteed IRR Year 20:
Age 0 decreases around 0.7%
Age 40 decreases around 0.3%
Year 30: Age 0 decreases around 0.6%
Age 40 decreases around 0.3%
Total IRR Year 20:
Age 0 decreases around 0.6%
Age 40 decreases around 0.4%
Year 30: Age 0 decreases around 0.3 %
Age 40 decreases around 0.3%
Premium Payment Period = 6
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
8 For Internal Reference Only
FLCP 3 Vs. FLCP 2 Age 0 Age 40
IRR FLCP 3 FLCP 2 FLCP 3 FLCP 2 Guaranteed
IRR
Year 20 0.92% 1.75% 1.07% 1.46% Year 30 1.89% 2.50% 1.95% 2.26%
Total IRR Year 20 3.82% 4.44% 3.85% 4.30% Year 30 4.44% 4.81% 4.46% 4.75%
Guaranteed Breakeven
Year 15 11 14 12
Total Breakeven
Year 10 10 10 10
Note: please refer to page 12 for the remark.
FLCP 3 (EP) Vs. FLCP 2 (EP) Age 0 Age 40
IRR FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
Guaranteed IRR
Year 20 0.79% 1.63% 0.94% 1.33% Year 30 1.80% 2.41% 1.86% 2.17%
Total IRR Year 20 3.72% 4.35% 3.75% 4.20% Year 30 4.38% 4.75% 4.40% 4.69%
Guaranteed Breakeven
Year 16 12 13 13
Total Breakeven
Year 11 10 10 10
Premium Payment Period = 10
Conclusion: Guaranteed IRR Year 20:
Age 0 decreases around 0.8%
Age 40 decreases around 0.4%
Year 30: Age 0 decreases around 0.6%
Age 40 decreases around 0.3%
Total IRR Year 20:
Age 0 decreases around 0.6%
Age 40 decreases around 0.5%
Year 30: Age 0 decreases around 0.4%
Age 40 decreases around 0.3%
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
9 For Internal Reference Only
FLCP 3 Vs. FLCP 2 Age 0 Age 40
IRR FLCP 3 FLCP 2 FLCP 3 FLCP 2 Guaranteed
IRR
Year 20 0.01% 0.90% 0.36% 0.77% Year 30 1.45% 2.06% 1.63% 1.92%
Total IRR Year 20 3.31% 3.93% 3.37% 3.79% Year 30 4.21% 4.51% 4.25% 4.46%
Guaranteed Breakeven
Year 20 16 19 17
Total Breakeven
Year 11 10 11 10
FLCP 3 (EP) Vs. FLCP 2 (EP) Age 0 Age 40
IRR FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
Guaranteed IRR
Year 20 -0.11% 0.78% 0.29% 0.70% Year 30 1.38% 1.98% 1.58% 1.87%
Total IRR Year 20 3.22% 3.84% 3.31% 3.73% Year 30 4.16% 4.46% 4.21% 4.43%
Guaranteed Breakeven
Year 21 17 19 17
Total Breakeven
Year 11 10 11 10
Note: please refer to page 12 for the remark.
Premium Payment Period = 15
Conclusion: Guaranteed IRR Year 20:
Age 0 decreases around 0.9%
Age 40 decreases around 0.4%
Year 30: Age 0 decreases around 0.6%
Age 40 decreases around 0.3%
Total IRR Year 20:
Age 0 decreases around 0.6%
Age 40 decreases around 0.4%
Year 30: Age 0 decreases around 0.3 %
Age 40 decreases around 0.2%
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
10 For Internal Reference Only
FLCP 3 Vs. FLCP 2 Age 0 Age 40
IRR FLCP 3 FLCP 2 FLCP 3 FLCP 2 Guaranteed
IRR
Year 20 -0.96% 0.23% -0.30% 0.29% Year 30 1.19% 1.88% 1.46% 1.82%
Total IRR Year 20 2.79% 3.47% 2.86% 3.33% Year 30 4.00% 4.30% 4.02% 4.27%
Guaranteed Breakeven
Year 23 19 21 19
Total Breakeven
Year 11 10 11 10
FLCP 3 (EP) Vs. FLCP 2 (EP) Age 0 Age 40
IRR FLCP 3 (EP)
FLCP 2 (EP)
FLCP 3 (EP)
FLCP 2 (EP)
Guaranteed IRR
Year 20 -1.12% 0.07% -0.40% 0.19% Year 30 1.10% 1.79% 1.40% 1.76%
Total IRR Year 20 2.68% 3.37% 2.78% 3.26% Year 30 3.94% 4.24% 3.98% 4.23%
Guaranteed Breakeven
Year 24 20 22 19
Total Breakeven
Year 11 10 11 11
Remark: Above information is based on each Company’s proposal in August, 2013. Above value of “Guaranteed IRR” is calculated based on the guaranteed cash value, guaranteed cash payment(s) paid (if any) and the amount of total premium paid figures set out in the proposals; the value of “Total IRR” is calculated based on the amount of total cash value [i.e. guaranteed cash value plus guaranteed cash payment accumulations (if any), annual dividend accumulations (if any) and maturity dividend (if any)] and the amount of total premium paid figures set out in the proposals. “Guaranteed Breakeven Year” is the Policy Year at the end of which the sum of all guaranteed cash payment (s) paid (if any) and guaranteed cash value is greater than or equal to the amount of total premium paid for the first time. “Total Breakeven Year” is the Policy Year at the end of which the total cash value [i.e. guaranteed cash value plus guaranteed cash payment accumulations (if any), annual dividend accumulations (if any) and maturity dividend (if any)] is greater than or equal to the amount of total premium paid for the first time. The above analysis and comparisons made by the Company are based on the relevant information. They are subject to change at any time without notice. AIA Hong Kong does not bear any liability for any errors and omissions.
Premium Payment Period = 20
Conclusion: Guaranteed IRR Year 20:
Age 0 decreases around 1.2%
Age 40 decreases around 0.6%
Year 30: Age 0 decreases around 0.7%
Age 40 decreases around 0.4%
Total IRR Year 20:
Age 0 decreases around 0.7%
Age 40 decreases around 0.5%
Year 30: Age 0 decreases around 0.3 %
Age 40 decreases around 0.3%
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
11 For Internal Reference Only
V. Case Analysis Case 1 For a young graduate with a starting income and limited resources, a savings plan is so important. Forever Love Coupon Plan 3 series includes guaranteed cash payment, so if young people need money, they can always withdraw the guaranteed cash without relying on the help of the family. Also, they can buy additional protection so that even if they are sick, there will be enough money to handle their medical expenses, without adding to their family’s financial burden.
(1) Premium shown is for first year only; renewal premium will be calculated based on attained age of Insured. This example assumes that the
current renewal premium rates will remain unchanged. (2) Total Cash Value is accumulated guaranteed cash payment plus guaranteed cash value plus non-guaranteed accumulated annual dividends
and maturity dividend. (3) Assume that guaranteed cash payment and non-guaranteed annual dividend are accumulated at current dividend scales and 4%
non-guaranteed accumulation interest rate in the Policy and no withdrawals (other than premium offset) are made within the whole policy term. The actual starting period of premium offset may vary from above illustrated figure depending on the actual amount of non-guaranteed benefits payable and non-guaranteed rider premium rate. For more details, please refer to proposal.
Mr. Cheung buys the Policy and plans to use
accumulated guaranteed cash payments and
non-guaranteed accumulated annual
dividends to pay for basic and rider premiums
Insured Age 100
13 Policy Year
Basic and rider future premiums can be covered from guaranteed cash payment accumulations and non-guaranteed annual dividend accumulations after paying
premiums for only 12 years(3), and Mr. Cheung can enjoy medical coverage up to age 100 with savings
protection.
At Policy maturity, the Total Cash Value is approximately
US$354k (2) (3). Mr. Cheung can leave money to his love one for protecting
their lives in the future.
Mr. Cheung age 21 non-smoker fresh graduate buys
Forever Love Coupon Plan 3 (20-year premium payment period)
Face Amount US$60,000 Annual Premium US$3,756
CEO Medical Rider (With $2000 Deductible) First Year Premium US$540(1)
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
12 For Internal Reference Only
Case 2 Parents will give everything to provide the best for their children, but have you ever thought of buying a savings plan as a gift to your child? Purchasing Forever Love Coupon Plan 3 series for your child has a lot of advantages: • Premiums are affordable and the premium payment period can be as short as six years while savings and protection go up to age 100, with guaranteed cash paid when necessary • You can add additional riders to provide more comprehensive protection for your child as needed
If Mrs. Lee has bought the Payer Benefit Rider and dies or becomes totally and permanent disabled within the premium payment period, the basic premiums will be waived, and she will not need to worry that her son’s Policy will be affected. (1) Cash withdrawals made will be deducted from the guaranteed cash payment accumulations (if any) and annual dividend accumulations (if any).
Any withdrawal which exceeds the remaining balance of guaranteed cash payment accumulations and annual dividend accumulations will be affected by withdrawal from the guaranteed cash value and any maturity dividend entitlement accrued, which in turn will reduce the Face Amount of the Policy. In such case, the subsequent guaranteed cash value, guaranteed cash payments, annual dividends (if any) and maturity dividend (if any) will be adjusted accordingly based on the reduced Face Amount. Cash withdrawals are subject to the Company’s minimum Face Amount requirements, and no withdrawal will be allowed which has the effect of reducing the Face Amount of the Policy below the minimum Face Amount required. For more details, please refer to proposal.
(2) Total Cash Value is accumulated guaranteed cash payment plus guaranteed cash value plus non-guaranteed accumulated annual dividends and maturity dividend, after reflecting the cash withdrawals made. Assume that guaranteed cash payment and non-guaranteed annual dividend are accumulated at current dividend scales and 4% non-guaranteed accumulation interest rate in the Policy. For more details, please refer to proposal.
Mrs. Lee buys the
Policy for her son
Starting from the 18th Policy Year, she
withdraws US$25,000(1) for 3 consecutive years
to cover tuition and initial capital of her son’s future
career.
When her son reaches age 65 (i.e. the 65th Policy Year), the Policy has Total Cash Value of over US$1.1mil (2),
approximately equivalent to 11 times the total basic premiums paid. The son can make use
of this funding to enjoy retirement with his wife
18
son
Policy Year 19 20
When her son reaches age 35 (i.e. the 35th Policy Year), the Total Cash Value of
the Policy will be nearly US$ 265k(2) , approximately equivalent to 2.7 times the total basic premiums paid. If her
son chooses to surrender the policy, the proceeds can help him buy property and
get married.
Her son can choose freely how to use the
capital. Higher flexibility.
OR
Mrs. Lee, 36 years old, would like to buy a plan for her newborn son (age 0) as long-term savings when she still has the economic capacity, to help him prepare well for his future.
Mrs. Lee buys:
Forever Love Coupon Plan 3 (6-year premium payment period)
Face Amount: US$ 100,000 Annual Premium: US$ 16,557
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
13 For Internal Reference Only
Appendix 1: Product Description Product Name Forever Love Coupon Plan 3
[FLCP3] Forever Love Coupon Plan 3
(Enhanced Protection) [FLCP3 (EP)]
Launch Date 12 August, 2013 (according to the application date)
Basic/ Rider Basic Plan
Plan Shortnames Premium Term Plan Shortname Premium Term Plan Shortname 6-year ACT6P5 6-year ACUT6P5
10-year ACT10P5 10-year ACUT10P5 15-year ACT15P5 15-year ACUT15P5 20-year
ACT20P5 20-year ACUT20P5
Policy Number Prefix Region (Only applicable to PRC
nationals applying for Policy in Hong Kong)
Hong Kong B36000000x – B36499999x B66000000x – B66499999x B96000000x – B96499999x
G38070000x – G38089999x G68070000x – G68089999x G98070000x – G98089999x
A. Benefit Plan FLCP3 FLCP3 (EP) 1. Benefit Term To age 100
2. Savings
Guaranteed Cash Payment - Options to take out in cash or accumulate to earn interest.
Policy Anniversary % of Face Amount(1)
5 & every year thereafter 1.8% 5, 8, 11, 14, 17 & 20 Extra 3%
Guaranteed Cash Value - is payable upon surrender of the Policy or death
(Forever Love Coupon Plan 3 Only) of the Insured.
Annual Dividend (non-guaranteed) - is declared annually with options to take out in cash, apply to reduce premium or accumulate to earn interest.
Maturity Dividend (non-guaranteed) - is payable at policy maturity, or upon surrender or death occurring on or after the 10 th policy anniversary.
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
14 For Internal Reference Only
Plan FLCP3 FLCP3 (EP) 3. Protection Death Benefit
(i) Higher of Guaranteed Cash Value or Total Premiums Paid(2), plus
(ii) Guaranteed Cash Payment Accumulations, plus
(iii) Annual Dividend Accumulations (non-guaranteed), plus
(iv) Maturity Dividend (non-guaranteed)
minus Policy Debt (if any)
Accidental Death Benefit Within 12 months of the Issue Date or Policy Date of the Policy (whichever is later): Face Amount(4) on top of above
Death Benefit Within Premium Payment Period : (i) Higher of Face Amount(1) or
Total Premiums Paid(2), plus (ii) Guaranteed Cash Payment
Accumulations, plus (iii) Annual Dividend Accumulations
(non-guaranteed), plus (iv) Maturity Dividend
(non-guaranteed) minus Policy Debt (if any) After Premium Payment Period : (i) Highest of Face Amount(1), Total
Premiums Paid(2) or Future Unpaid Guaranteed Cash Payments(3), plus
(ii) Guaranteed Cash Payment Accumulations, plus
(iii) Annual Dividend Accumulations (non-guaranteed), plus
(iv) Maturity Dividend (non-guaranteed)
minus Policy Debt (if any)
4. Maturity Benefit (i) Higher of Face Amount(1) or Total Premiums Paid(2), plus (ii) Guaranteed Cash Payment Accumulations, plus (iii) Annual Dividend Accumulations (non-guaranteed), plus (iv) Maturity Dividend (non-guaranteed) minus Policy Debt (if any)
5. Policy Loan Applicable
6. Non-Forfeiture Options Only Automatic Premium Loan (APL) is
allowed. APL can run for more than 1 Policy year as long as Cash Value + Accumulated Dividends is enough to cover Premium in default + Policy Debt.
Reduced Paid Up Insurance (RPU), Extended Term Insurance (ETI) and Automatic Premium Loan (APL) is allowed. APL can consecutively run for 1 Policy year only.
7. Suicide and Misstatement of age and sex arrangement
Follow existing rules for traditional life plan
8. Annual Dividend Payment Options
(1) Cash Payment (2) Premium Reduction (3) Dividend Accumulation
(1) For Forever Love Coupon Plan 3, the Face Amount is used to calculate premium, guaranteed cash payments and relevant policy values.
The Face Amount is not related to death benefit and will not be paid upon the death of the Insured. For Forever Love Coupon Plan 3 (Enhanced Protection), the Face Amount is included in the calculation within the death benefit.
(2) Total Premiums Paid means an amount equal to the Applicable Standard Premium multiplied by the Number of Years of Premium Paid.
Please refer to Annual Premium Rate for Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection) in Appendix 3 and 4 respectively for the Applicable Standard Premium.
(3) The amount equivalent to the sum of all guaranteed cash payments which would have been payable, if the Insured had not died, from the
Policy Anniversary on or immediately following the death of the Insured until the Maturity Date at Age 100 of the Insured. (4) Subject to the limitation that the aggregate of all Supplementary Accidental Death Benefit(s) paid and / or payable under all Forever Love Coupon
Plan 3 policies issued in respect of the same Insured cannot exceed the maximum sum of US$100,000 per life.
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
15 For Internal Reference Only
B. Premium Plan FLCP3 FLCP3 (EP) 1. Premium Structure Level and guaranteed
2. Premium Term 6 years / 10 years / 15 years / 20 years
3. Premium Rates Based on sex and issue age
(Please refer to the Premium Rate Table in Appendix 2)
Based on underwriting class, sex and issue age (Please refer to the Premium Rate Table in Appendix 3)
4. Payment Mode Annual / Semi-annual / Quarterly / Monthly
5. Size Discount Face Amount (US$)
Premium Term (Adjustment per 1,000 Face Amount)
6 years 10 years 15 years 20 years 5,000 – 9,999 +9.00 +5.00 +4.00 +4.00 10,000 – 19,999 +4.00 +2.25 +1.75 +1.75 20,000 – 34,999 +1.25 +0.75 +0.50 +0.50 35,000 – 74,999 N/A N/A N/A N/A 75,000 – 149,999 -0.75 -0.50 -0.25 -0.25 150,000 or above -1.00 -0.75 -0.50 -0.50
C. Product Particulars Plan FLCP3 FLCP3 (EP) 1. Issue Age Premium Term
6 years 10 years 15 years 20 years
Age Range 0-65 0-60 0-55 0-55
2. Minimum Face Amount US$5,000
3. Region Hong Kong
4. Currency US$
5. Riders attachable Free WP (Forever Love Coupon Plan 3 (Enhanced Protection) only and subject to per life limit), WP, WPCI Pro, SCIR Pro, ECIR Pro, PB, PBCI Pro, SGHR, HB, AI, ADD, SADD, ADB, Term riders, PCR Pro, PACS, CEO Medical Rider and Regal Health Rider
6. Maximum Per Life Limit No medical underwriting for aggregate Face Amount less than or equal to US$1,000,000(5)
For application with aggregate Face Amount exceeding above limit, normal life underwriting requirement is applicable.
Follow current rules
7. Product Group Traditional Life
(5) Face Amount of all Forever Love Coupon Plan 3, PromiseMe Coupon Plan, Simply Love Encore, Admire Life (Simple Version), Forever Love Coupon
Plan and Forever Love Coupon Plan 2 (including the new application) on the same Insured should be less than or equal to US$1,000,000 /
HK$7,500,000.
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
16 For Internal Reference Only
Plan FLCP3 FLCP3 (EP) 8. Contract Laser Print Code
- Basic Contract DB5L DB5M (Standard) DB5N (Non-Standard)
- Guaranteed Cash Payment Plan Endorsement
DB4I DB4K
- Juvenile Lien Endorsement
DB4H DB4J
- PRC Endorsement AECG AECH
- Table of Standard Premium (6 Years)
DB6R DB9E
- Table of Standard Premium (10 Years)
DB9B DB9F
- Table of Standard Premium (15 Years)
DB9C DB9G
- Table of Standard Premium (20 Years)
DB9D DB9H
- Schedule of Values Printed by System Printed by System
Please refer to Contract Library for contract specimen. Plan Shortname is required for retrieving Schedule of Values.
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
17 For Internal Reference Only
D. Underwriting Guidelines Plan FLCP3 FLCP3 (EP) 1. Medical Requirements No medical underwriting with the condition
that the Face Amount of all Forever Love Coupon Plan 3, PromiseMe Coupon Plan, Simply Love Encore, Admire Life (Simple Version), Forever Love Coupon Plan and Forever Love Coupon Plan 2 (including the new application) on the same insured is less than or equal to US$1,000,000 / HK$7,500,000.
Otherwise, normal life underwriting requirement is applicable.
Follow Life policy
2. Financial Requirements Follow general non-product specific guidelines such as “Guideline on Anti-Money Laundering and Counter-Terrorist Financing (AMLG)” and “PRC Operations Guidelines for Broker Channel”, etc, if the aggregate Face Amount of all Forever Love Coupon Plan 3, PromiseMe Coupon Plan, Simply Love Encore, Admire Life (Simple Version), Forever Love Coupon Plan and Forever Love Coupon Plan 2 (including the new application) on the same Insured is less than or equal to US$1,000,000 / HK$7,500,000
Otherwise, normal life underwriting requirement is applicable
Follow Life policy
3. Medical Rating Standard premium rate will be offered provided that aggregate Face Amount of all Forever Love Coupon Plan 3, PromiseMe Coupon Plan, Simply Love Encore, Admire Life (Simple Version), Forever Love Coupon Plan and Forever Love Coupon Plan 2 (including the new application) issued on the life of the same Insured is less than or equal to US$1,000,000 / HK$7,500,000.
If the aggregate Face Amount exceeds the above limit, standard premium rate will be offered subject to the following rules (failing which the application will be declined):
Temporary flat amount rating may not be applied and can be waived.
Permanent flat amount rating not exceeding $2.50 per mil category and without Medical Rating (MR) or Nationality Rating (NR)
MR‘D’* or below for Insured between 0 and 50 and without permanent flat amount rating.
MR‘B’* or below for Insured between 51 and 65 and without permanent flat amount rating.
* If there is Nationality Rating (NR), the combination rating
(MR + NR) should not exceed the rating class as specified.
Rating class from MR “B” to “P” rating
4. Nationality Rating Follow Life policy
5. Occupational Rating Follow Life policy
6. Policy Date Allow Date Back or Date Forward
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
18 For Internal Reference Only
Plan FLCP3 FLCP3 (EP) 7. Application Form
Hong Kong
Life and Personal Accident Insurance Application Form (OPUAIF00)
8. Substandard Premium Discount Program
Not applicable Applicable
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
19 For Internal Reference Only
E. POS Guidelines Plan FLCP3 FLCP32 (EP) 1. Change of Face Amount Follow normal rules
2. Add/ Delete (Basic Plan) Not applicable
3. Reinstatement Follow normal reinstatement
requirements. Evidence of insurability will not be required if the aggregate Face Amount does not exceed US$1,000,000 / HK$7,500,000 (5).
Follow normal reinstatement requirements
4. Appeal Loading Not applicable for Basic Plan. For appeal loading on of riders, follow
normal rules.
Follow normal rules
5. Change Plan (Basic Plan) Not allowed (Neither to change from other basic plans to this plan nor from this plan to other basic plans), except for the plan change from Forever Love Coupon Plan 3 to Forever Love Coupon Plan 3 (Enhanced Protection) with premium term remaining unchanged. Plan change from FLCP3 to FLCP3 (EP) will be subject ot the following rules:
Clients can only apply for such change of Basic Plan before the first Policy Anniversary of the existing Forever Love Coupon Plan 3.
Normal underwriting will be required for plan change. Detailed underwriting guidelines are set out in Section D above.
Clients are required to pay back the premium difference with interest(1) . Forms required include:
- Request for Change Form (OPPOSF04) - Health Certificate (OPPOSF07) (2)
(1) (Premium to be Paid for the New Plan from Policy Date to current Paid-to-Date) - (Premium already
Paid for the Original Plan from Policy Date to current Paid-to-Date) + (Interest charged for the premium difference).Interest on the premium difference is charged for the number of days from the Policy Date to the payment date of the required cost. Interest rate is equal to the current loan interest rate and compounded annually.
(2) AIA Hong Kong reserves the right to impose additional medical requirements as appropriate.
6. Term Conversion Not allowed Follow normal rules
7. Change Payment Mode Follow existing rules
8. Transfer of Existing Hospital Coverage
The following eligible HS riders will also be accepted for transfer from an existing in-force policy to Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection):
Hospital and Surgical Benefit Rider (HS 60) Hospital and Surgical Benefit Rider (HS 70) Hospital and Surgical Benefit Rider (HS 80) Good Health Hospital and Surgical Rider Super Good Health Hospital and Surgical Rider
For detailed arrangements of the transfer of existing hospital coverage, please refer to the separate memos (Ref: A2010097) and (Ref: A2011095)..
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
20 For Internal Reference Only
F. Others Plan FLCP3 FLCP3 (EP) 1. Proposal Generation
System Version 11.0 will be applicable
2. PTA Number for Brochure Chinese Version: PTA999145.0813 English Version: PTA999146.0813
Chinese Version: PTA999147.0813 English Version: PTA999148.0813
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
21 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
3 ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 166.32 95.91 72.49 59.25 36 181.56 106.12 82.65 69.36 1 166.55 96.07 72.53 59.30 37 182.15 106.57 83.43 69.96 2 166.80 96.25 72.59 59.35 38 182.76 107.05 84.24 70.57 3 167.09 96.45 72.67 59.42 39 183.37 107.54 85.09 71.20 4 167.38 96.66 72.77 59.50 40 183.98 108.04 85.97 71.87 5 167.72 96.89 72.88 59.60 41 184.61 108.55 86.87 72.58 6 168.07 97.12 73.00 59.72 42 185.23 109.10 87.84 73.36 7 168.42 97.36 73.12 59.84 43 185.89 109.65 88.88 74.19 8 168.79 97.60 73.26 59.97 44 186.54 110.26 89.99 75.10 9 169.15 97.85 73.40 60.11 45 187.23 110.92 91.20 76.13 10 169.53 98.11 73.54 60.27 46 187.93 111.66 92.55 77.27 11 169.90 98.36 73.69 60.42 47 188.66 112.51 94.06 78.56 12 170.28 98.61 73.85 60.58 48 189.42 113.51 95.75 80.01 13 170.66 98.87 74.01 60.75 49 190.21 114.70 97.65 81.64 14 171.05 99.14 74.17 60.93 50 191.02 116.10 99.81 83.47 15 171.45 99.40 74.35 61.12 51 191.87 117.73 102.23 85.51 16 171.85 99.67 74.53 61.32 52 192.74 119.65 104.93 87.77 17 172.25 99.94 74.73 61.54 53 193.68 121.84 107.93 90.26 18 172.67 100.21 74.95 61.77 54 194.68 124.30 111.22 92.98 19 173.09 100.50 75.18 62.03 55 195.80 127.06 114.82 95.93 20 173.52 100.78 75.42 62.30 56 197.03 129.88 21 173.94 101.05 75.68 62.60 57 198.40 132.73 22 174.38 101.34 75.95 62.93 58 199.94 135.64 23 174.83 101.62 76.25 63.26 59 201.65 138.57 24 175.27 101.93 76.56 63.63 60 203.54 141.59 25 175.73 102.23 76.90 64.02 61 205.62 26 176.20 102.54 77.26 64.41 62 207.90 27 176.68 102.86 77.64 64.83 63 210.36 28 177.18 103.19 78.05 65.27 64 213.02 29 177.68 103.53 78.49 65.72 65 215.87 30 178.20 103.86 78.96 66.18 31 178.74 104.20 79.47 66.68 32 179.28 104.55 80.03 67.18 33 179.84 104.92 80.62 67.69 34 180.40 105.30 81.25 68.23 35 180.97 105.72 81.94 68.79
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
22 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
3 ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 165.59 95.49 72.18 58.98 36 179.03 105.08 80.52 66.47 1 165.85 95.66 72.22 59.05 37 179.49 105.49 81.15 66.89 2 166.13 95.83 72.29 59.12 38 179.95 105.94 81.79 67.34 3 166.42 96.03 72.37 59.21 39 180.42 106.42 82.48 67.79 4 166.73 96.23 72.46 59.31 40 180.89 106.93 83.20 68.27 5 167.04 96.44 72.56 59.42 41 181.38 107.48 83.95 68.77 6 167.36 96.66 72.68 59.52 42 181.86 108.07 84.76 69.30 7 167.70 96.90 72.80 59.64 43 182.35 108.71 85.63 69.88 8 168.03 97.13 72.92 59.76 44 182.85 109.39 86.57 70.51 9 168.36 97.37 73.05 59.88 45 183.36 110.12 87.59 71.21 10 168.70 97.60 73.18 60.02 46 183.88 110.92 88.72 71.98 11 169.05 97.85 73.30 60.15 47 184.41 111.78 89.94 72.86 12 169.39 98.10 73.43 60.28 48 184.95 112.71 91.29 73.83 13 169.73 98.34 73.56 60.42 49 185.51 113.71 92.77 74.92 14 170.09 98.59 73.71 60.56 50 186.08 114.80 94.38 76.13 15 170.45 98.84 73.85 60.71 51 186.67 115.98 96.14 77.46 16 170.82 99.10 74.00 60.88 52 187.28 117.23 98.03 78.91 17 171.20 99.35 74.16 61.04 53 187.93 118.59 100.07 80.50 18 171.58 99.62 74.34 61.20 54 188.60 120.06 102.26 82.22 19 171.96 99.89 74.51 61.38 55 189.31 121.64 104.60 84.06 20 172.35 100.15 74.71 61.56 56 190.06 123.39 21 172.73 100.42 74.90 61.75 57 190.88 125.33 22 173.12 100.68 75.12 61.94 58 191.77 127.53 23 173.53 100.97 75.34 62.16 59 192.77 130.00 24 173.92 101.25 75.57 62.39 60 193.90 132.77 25 174.33 101.52 75.81 62.64 61 195.20 26 174.74 101.82 76.08 62.90 62 196.82 27 175.14 102.10 76.37 63.19 63 198.96 28 175.57 102.39 76.68 63.49 64 201.68 29 175.98 102.70 77.03 63.82 65 205.01 30 176.39 102.99 77.42 64.16 31 176.83 103.31 77.85 64.51 32 177.26 103.64 78.31 64.88 33 177.69 103.98 78.82 65.25 34 178.13 104.31 79.35 65.64 35 178.59 104.68 79.92 66.05
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
23 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
(WP) ( 1,000 ) Annual Premium Rate for Waiver of Premium (WP) (Per $1,000 Face Amount)
Male Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 16 0.29 0.26 0.27 0.28 16 0.29 0.25 0.27 0.28 17 0.29 0.26 0.27 0.28 17 0.29 0.26 0.27 0.28 18 0.29 0.26 0.27 0.28 18 0.29 0.26 0.27 0.28 19 0.29 0.26 0.27 0.28 19 0.29 0.26 0.27 0.28 20 0.29 0.26 0.27 0.29 20 0.29 0.26 0.27 0.28 21 0.29 0.26 0.27 0.29 21 0.29 0.26 0.27 0.29 22 0.29 0.26 0.28 0.30 22 0.29 0.26 0.27 0.29 23 0.29 0.26 0.28 0.30 23 0.29 0.26 0.28 0.30 24 0.30 0.26 0.28 0.31 24 0.29 0.26 0.28 0.30 25 0.30 0.26 0.29 0.32 25 0.29 0.26 0.28 0.31 26 0.30 0.27 0.29 0.33 26 0.29 0.27 0.29 0.33 27 0.30 0.27 0.30 0.35 27 0.30 0.27 0.30 0.34 28 0.30 0.28 0.31 0.37 28 0.30 0.27 0.31 0.36 29 0.31 0.28 0.32 0.39 29 0.31 0.28 0.32 0.38 30 0.31 0.29 0.34 0.42 30 0.31 0.29 0.34 0.41 31 0.32 0.30 0.36 0.46 31 0.32 0.30 0.36 0.45 32 0.34 0.32 0.39 0.51 32 0.33 0.32 0.38 0.49 33 0.35 0.33 0.42 0.56 33 0.34 0.33 0.42 0.54 34 0.36 0.36 0.47 0.62 34 0.36 0.35 0.46 0.60 35 0.38 0.39 0.52 0.70 35 0.38 0.38 0.51 0.67 36 0.41 0.42 0.58 0.79 36 0.41 0.42 0.57 0.76 37 0.45 0.47 0.65 0.89 37 0.44 0.46 0.64 0.86 38 0.49 0.53 0.74 1.01 38 0.48 0.52 0.72 0.98 39 0.55 0.59 0.85 1.16 39 0.54 0.59 0.82 1.11 40 0.62 0.68 0.97 1.32 40 0.61 0.67 0.94 1.27 41 0.71 0.78 1.11 1.54 41 0.70 0.77 1.08 1.48 42 0.81 0.89 1.28 1.77 42 0.80 0.88 1.25 1.70 43 0.94 1.02 1.48 2.03 43 0.92 1.02 1.43 1.95 44 1.08 1.17 1.70 2.30 44 1.06 1.17 1.65 2.21 45 1.24 1.34 1.95 2.60 45 1.22 1.34 1.90 2.49 46 1.41 1.53 2.31 2.92 46 1.39 1.53 2.24 2.80 47 1.60 1.75 2.69 3.26 47 1.57 1.75 2.62 3.13 48 1.82 2.00 3.11 3.64 48 1.78 2.00 3.03 3.48 49 2.07 2.28 3.57 4.06 49 2.02 2.28 3.47 3.87 50 2.35 2.62 4.08 4.52 50 2.30 2.62 3.96 4.30 51 2.78 3.28 4.82 5.22 51 2.72 3.27 4.67 4.95 52 3.30 4.04 5.68 6.02 52 3.22 4.02 5.48 5.68 53 3.91 4.93 6.69 6.95 53 3.82 4.89 6.42 6.53 54 4.63 5.96 7.85 8.03 54 4.52 5.88 7.50 7.50 55 6.00 7.17 9.22 9.29 55 5.86 7.02 8.75 8.61
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
24 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.17 0.15 0.16 0.16 31 0.74 0.79 1.09 1.49 1 0.17 0.15 0.16 0.16 32 0.84 0.90 1.24 1.70 2 0.17 0.15 0.16 0.16 33 0.96 1.03 1.43 1.94 3 0.17 0.15 0.16 0.16 34 1.09 1.18 1.63 2.20 4 0.17 0.15 0.16 0.16 35 1.25 1.35 1.87 2.50 5 0.17 0.15 0.16 0.16 36 1.42 1.54 2.13 2.83 6 0.17 0.15 0.16 0.16 37 1.63 1.76 2.43 3.21 7 0.17 0.15 0.16 0.16 38 1.86 2.00 2.78 3.62 8 0.17 0.15 0.16 0.17 39 2.12 2.29 3.16 4.07 9 0.17 0.15 0.16 0.17 40 2.43 2.60 3.59 4.57
10 0.17 0.15 0.16 0.17 41 2.77 2.96 4.06 5.12 11 0.17 0.15 0.16 0.18 42 3.15 3.35 4.59 5.72 12 0.17 0.15 0.16 0.18 43 3.57 3.78 5.16 6.37 13 0.17 0.15 0.17 0.19 44 4.03 4.25 5.79 7.08 14 0.17 0.15 0.17 0.20 45 4.55 4.78 6.49 7.84 15 0.17 0.15 0.18 0.22 46 5.11 5.34 7.25 8.67 16 0.17 0.16 0.19 0.23 47 5.72 5.96 8.08 9.57 17 0.17 0.16 0.20 0.26 48 6.38 6.62 8.98 10.55 18 0.18 0.17 0.21 0.28 49 7.09 7.35 9.97 11.60 19 0.18 0.18 0.23 0.31 50 7.85 8.15 11.04 12.75 20 0.19 0.20 0.26 0.35 51 8.65 9.01 12.21 14.00 21 0.20 0.22 0.29 0.39 52 9.49 9.93 13.48 15.36 22 0.22 0.24 0.33 0.45 53 10.34 10.91 14.85 16.81 23 0.26 0.28 0.38 0.51 54 11.26 11.98 16.34 18.41 24 0.30 0.32 0.43 0.59 55 12.25 13.15 17.98 20.15 25 0.34 0.36 0.49 0.67 56 13.30 14.38 26 0.39 0.42 0.56 0.77 57 14.36 15.66 27 0.44 0.47 0.64 0.88 58 15.44 16.99 28 0.50 0.54 0.73 1.00 59 16.55 18.37 29 0.57 0.61 0.83 1.14 60 17.67 19.83 30 0.65 0.69 0.95 1.31
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
25 For Internal Reference Only
: 3 Appendix 2: Premium Rate Table - Forever Love Coupon Plan 3
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.23 0.20 0.22 0.22 31 1.28 1.34 1.70 2.08 1 0.23 0.20 0.22 0.22 32 1.45 1.50 1.88 2.29 2 0.23 0.21 0.22 0.22 33 1.63 1.68 2.09 2.52 3 0.23 0.21 0.22 0.22 34 1.82 1.86 2.31 2.76 4 0.23 0.21 0.22 0.22 35 2.03 2.06 2.54 3.02 5 0.23 0.21 0.22 0.23 36 2.23 2.26 2.78 3.29 6 0.24 0.21 0.22 0.23 37 2.46 2.47 3.04 3.58 7 0.24 0.21 0.22 0.23 38 2.69 2.70 3.31 3.88 8 0.24 0.21 0.22 0.23 39 2.94 2.94 3.60 4.20 9 0.24 0.21 0.22 0.24 40 3.20 3.19 3.91 4.54 10 0.24 0.21 0.22 0.25 41 3.47 3.45 4.24 4.91 11 0.24 0.21 0.22 0.26 42 3.75 3.74 4.60 5.29 12 0.24 0.21 0.23 0.27 43 4.04 4.03 4.97 5.70 13 0.24 0.21 0.24 0.29 44 4.34 4.35 5.38 6.14 14 0.24 0.21 0.25 0.31 45 4.67 4.69 5.82 6.61 15 0.24 0.22 0.26 0.33 46 5.02 5.05 6.30 7.13 16 0.24 0.22 0.28 0.37 47 5.39 5.44 6.82 7.69 17 0.24 0.23 0.30 0.40 48 5.78 5.86 7.38 8.30 18 0.25 0.25 0.33 0.45 49 6.20 6.31 7.99 8.97 19 0.26 0.27 0.37 0.51 50 6.64 6.80 8.65 9.71 20 0.28 0.30 0.42 0.57 51 7.11 7.32 9.38 10.52 21 0.31 0.34 0.48 0.65 52 7.60 7.88 10.17 11.41 22 0.35 0.40 0.55 0.74 53 8.12 8.48 11.05 12.40 23 0.42 0.46 0.63 0.84 54 8.68 9.13 12.03 13.49 24 0.49 0.54 0.73 0.95 55 9.29 9.84 13.11 14.69 25 0.57 0.62 0.83 1.08 56 9.93 10.62 26 0.66 0.71 0.94 1.22 57 10.60 11.48 27 0.76 0.82 1.07 1.36 58 11.28 12.44 28 0.87 0.93 1.21 1.52 59 12.04 13.54 29 0.99 1.06 1.36 1.69 60 12.89 14.82 30 1.13 1.19 1.52 1.88
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
26 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
3( ) ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Enhanced Protection) (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 168.85 97.37 73.32 59.96 36 185.26 107.82 83.30 69.77 1 169.10 97.52 73.34 59.98 37 185.86 108.28 84.08 70.39 2 169.40 97.70 73.37 60.03 38 186.48 108.76 84.90 71.05 3 169.71 97.88 73.41 60.09 39 187.12 109.25 85.76 71.74 4 170.05 98.08 73.47 60.17 40 187.80 109.75 86.66 72.46 5 170.41 98.31 73.54 60.27 41 188.52 110.25 87.57 73.23 6 170.79 98.55 73.64 60.38 42 189.28 110.78 88.55 74.04 7 171.17 98.79 73.75 60.50 43 190.07 111.32 89.60 74.92 8 171.59 99.05 73.88 60.61 44 190.90 111.91 90.74 75.86 9 171.99 99.30 74.02 60.76 45 191.76 112.58 92.00 76.91 10 172.39 99.56 74.16 60.90 46 192.66 113.35 93.39 78.07 11 172.81 99.81 74.32 61.05 47 193.55 114.26 94.95 79.37 12 173.22 100.08 74.48 61.20 48 194.46 115.34 96.70 80.82 13 173.64 100.36 74.64 61.37 49 195.38 116.63 98.68 82.46 14 174.07 100.62 74.81 61.54 50 196.30 118.13 100.88 84.30 15 174.50 100.89 74.98 61.73 51 197.21 119.88 103.35 86.35 16 174.93 101.15 75.17 61.92 52 198.15 121.85 106.09 88.64 17 175.38 101.44 75.35 62.13 53 199.12 124.04 109.10 91.15 18 175.84 101.72 75.55 62.36 54 200.16 126.43 112.38 93.89 19 176.30 102.00 75.76 62.59 55 201.28 129.00 115.93 96.88 20 176.77 102.30 75.98 62.85 56 202.53 131.70 21 177.23 102.59 76.21 63.11 57 203.95 134.53 22 177.70 102.87 76.47 63.41 58 205.52 137.49 23 178.18 103.18 76.75 63.71 59 207.27 140.57 24 178.67 103.48 77.03 64.04 60 209.23 143.75 25 179.17 103.79 77.36 64.40 61 211.36 26 179.69 104.12 77.71 64.78 62 213.71 27 180.21 104.44 78.08 65.18 63 216.23 28 180.74 104.76 78.49 65.62 64 218.98 29 181.29 105.10 78.95 66.06 65 221.92 30 181.84 105.45 79.43 66.53 31 182.39 105.81 79.97 67.02 32 182.96 106.17 80.55 67.53 33 183.52 106.55 81.17 68.05 34 184.10 106.95 81.84 68.59 35 184.67 107.38 82.55 69.17
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
27 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
3( ) ( 1,000 ) — Annual Premium Rate for Forever Love Coupon Plan 3 (Enhanced Protection) (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 168.07 96.94 73.04 59.70 36 182.53 106.66 81.02 66.96 1 168.32 97.10 73.07 59.74 37 183.01 107.08 81.66 67.44 2 168.59 97.28 73.12 59.79 38 183.51 107.53 82.35 67.94 3 168.88 97.47 73.18 59.84 39 184.02 108.01 83.08 68.46 4 169.20 97.67 73.26 59.92 40 184.57 108.53 83.84 69.01 5 169.53 97.88 73.35 59.99 41 185.13 109.08 84.65 69.59 6 169.88 98.11 73.44 60.08 42 185.70 109.68 85.51 70.19 7 170.24 98.34 73.55 60.18 43 186.29 110.32 86.42 70.82 8 170.61 98.58 73.67 60.28 44 186.91 111.02 87.39 71.49 9 170.98 98.82 73.79 60.39 45 187.53 111.77 88.44 72.21 10 171.36 99.07 73.91 60.50 46 188.18 112.59 89.58 72.99 11 171.74 99.31 74.03 60.61 47 188.83 113.47 90.81 73.85 12 172.12 99.56 74.16 60.73 48 189.50 114.41 92.15 74.78 13 172.51 99.80 74.28 60.85 49 190.17 115.42 93.62 75.83 14 172.91 100.06 74.41 60.99 50 190.86 116.51 95.23 77.00 15 173.30 100.31 74.56 61.12 51 191.55 117.68 96.99 78.29 16 173.70 100.57 74.70 61.26 52 192.24 118.93 98.90 79.73 17 174.12 100.84 74.84 61.40 53 192.93 120.30 100.97 81.32 18 174.52 101.10 75.00 61.55 54 193.63 121.81 103.20 83.07 19 174.95 101.37 75.17 61.72 55 194.35 123.45 105.59 84.97 20 175.36 101.63 75.34 61.90 56 195.09 125.28 21 175.78 101.92 75.53 62.09 57 195.91 127.32 22 176.22 102.20 75.72 62.29 58 196.84 129.56 23 176.65 102.47 75.94 62.51 59 197.93 132.01 24 177.08 102.75 76.16 62.74 60 199.24 134.69 25 177.53 103.05 76.40 62.99 61 200.81 26 177.96 103.33 76.66 63.26 62 202.67 27 178.41 103.63 76.94 63.55 63 204.87 28 178.86 103.93 77.26 63.84 64 207.38 29 179.31 104.23 77.60 64.17 65 210.25 30 179.76 104.54 77.97 64.51 31 180.21 104.86 78.38 64.87 32 180.66 105.17 78.83 65.24 33 181.11 105.51 79.32 65.64 34 181.58 105.87 79.84 66.05 35 182.05 106.25 80.41 66.49
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
28 For Internal Reference Only
: - 3( ) Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
(WP) ( 1,000 ) Annual Premium Rate for Waiver of Premium (WP) (Per $1,000 Face Amount)
Male Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 16 0.29 0.26 0.27 0.28 16 0.29 0.26 0.27 0.28 17 0.30 0.26 0.27 0.28 17 0.29 0.26 0.27 0.28 18 0.30 0.26 0.27 0.28 18 0.29 0.26 0.27 0.28 19 0.30 0.26 0.27 0.29 19 0.29 0.26 0.27 0.28 20 0.30 0.26 0.27 0.29 20 0.30 0.26 0.27 0.29 21 0.30 0.26 0.27 0.29 21 0.30 0.26 0.27 0.29 22 0.30 0.26 0.28 0.30 22 0.30 0.26 0.27 0.29 23 0.30 0.27 0.28 0.30 23 0.30 0.26 0.28 0.30 24 0.30 0.27 0.28 0.31 24 0.30 0.27 0.28 0.31 25 0.30 0.27 0.29 0.32 25 0.30 0.27 0.29 0.32 26 0.30 0.27 0.29 0.33 26 0.30 0.27 0.29 0.33 27 0.31 0.28 0.30 0.35 27 0.30 0.27 0.30 0.34 28 0.31 0.28 0.31 0.37 28 0.31 0.28 0.31 0.36 29 0.31 0.29 0.33 0.40 29 0.31 0.29 0.32 0.39 30 0.32 0.30 0.34 0.43 30 0.32 0.29 0.34 0.42 31 0.33 0.31 0.37 0.46 31 0.33 0.31 0.36 0.45 32 0.34 0.32 0.39 0.51 32 0.34 0.32 0.39 0.49 33 0.35 0.34 0.43 0.56 33 0.35 0.34 0.42 0.55 34 0.37 0.36 0.47 0.63 34 0.36 0.36 0.46 0.61 35 0.39 0.39 0.52 0.70 35 0.39 0.39 0.51 0.68 36 0.42 0.43 0.58 0.79 36 0.41 0.43 0.57 0.77 37 0.46 0.48 0.66 0.90 37 0.45 0.47 0.64 0.87 38 0.50 0.53 0.75 1.02 38 0.49 0.53 0.73 0.99 39 0.56 0.60 0.85 1.17 39 0.55 0.60 0.83 1.12 40 0.63 0.69 0.98 1.33 40 0.62 0.68 0.95 1.29 41 0.72 0.79 1.12 1.55 41 0.71 0.78 1.09 1.50 42 0.83 0.90 1.29 1.79 42 0.82 0.90 1.26 1.73 43 0.96 1.04 1.49 2.05 43 0.94 1.03 1.45 1.97 44 1.11 1.19 1.71 2.32 44 1.09 1.18 1.67 2.24 45 1.27 1.36 1.97 2.62 45 1.25 1.36 1.92 2.53 46 1.45 1.55 2.33 2.95 46 1.42 1.55 2.27 2.84 47 1.65 1.77 2.72 3.30 47 1.61 1.77 2.64 3.17 48 1.87 2.03 3.14 3.68 48 1.83 2.03 3.06 3.53 49 2.12 2.32 3.61 4.10 49 2.07 2.32 3.50 3.92 50 2.42 2.66 4.13 4.57 50 2.36 2.65 4.00 4.35 51 2.86 3.34 4.88 5.27 51 2.79 3.32 4.71 5.00 52 3.39 4.12 5.75 6.08 52 3.31 4.08 5.53 5.74 53 4.02 5.02 6.76 7.02 53 3.92 4.96 6.48 6.60 54 4.76 6.06 7.93 8.11 54 4.64 5.96 7.57 7.57 55 6.17 7.28 9.31 9.38 55 6.02 7.13 8.83 8.71
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
29 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Male
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.17 0.15 0.16 0.16 31 0.75 0.80 1.09 1.50 1 0.17 0.15 0.16 0.16 32 0.85 0.92 1.25 1.71 2 0.17 0.15 0.16 0.16 33 0.98 1.05 1.44 1.95 3 0.17 0.15 0.16 0.16 34 1.12 1.20 1.64 2.21 4 0.17 0.15 0.16 0.16 35 1.27 1.37 1.88 2.52 5 0.17 0.15 0.16 0.16 36 1.45 1.56 2.15 2.85 6 0.17 0.15 0.16 0.16 37 1.66 1.78 2.45 3.23 7 0.17 0.15 0.16 0.17 38 1.90 2.04 2.80 3.64 8 0.17 0.15 0.16 0.17 39 2.17 2.32 3.18 4.10 9 0.17 0.15 0.16 0.17 40 2.48 2.64 3.62 4.61
10 0.17 0.15 0.16 0.17 41 2.83 3.00 4.10 5.17 11 0.17 0.15 0.16 0.18 42 3.22 3.40 4.62 5.77 12 0.18 0.15 0.16 0.19 43 3.65 3.84 5.20 6.43 13 0.18 0.15 0.17 0.19 44 4.13 4.32 5.84 7.15 14 0.18 0.16 0.17 0.21 45 4.66 4.85 6.54 7.92 15 0.18 0.16 0.18 0.22 46 5.24 5.42 7.31 8.76 16 0.18 0.16 0.19 0.24 47 5.87 6.05 8.16 9.67 17 0.18 0.16 0.20 0.26 48 6.55 6.73 9.07 10.65 18 0.18 0.17 0.22 0.28 49 7.28 7.48 10.07 11.72 19 0.18 0.18 0.24 0.31 50 8.07 8.29 11.16 12.88 20 0.19 0.20 0.26 0.35 51 8.90 9.17 12.35 14.14 21 0.21 0.22 0.29 0.40 52 9.76 10.12 13.63 15.51 22 0.23 0.25 0.33 0.45 53 10.63 11.11 15.01 16.98 23 0.26 0.28 0.38 0.52 54 11.58 12.19 16.51 18.59 24 0.30 0.32 0.43 0.59 55 12.60 13.35 18.16 20.35 25 0.35 0.37 0.49 0.68 56 13.67 14.58 26 0.40 0.42 0.56 0.77 57 14.77 15.87 27 0.45 0.48 0.64 0.88 58 15.87 17.22 28 0.51 0.54 0.73 1.01 59 17.01 18.64 29 0.58 0.62 0.84 1.15 60 18.16 20.13 30 0.66 0.71 0.96 1.31
Forever Love Coupon Plan 3 and Forever Love Coupon Plan 3 (Enhanced Protection)
30 For Internal Reference Only
: 3 Appendix 3: Premium Rate Table - Forever Love Coupon Plan 3 (Enhanced Protection)
(WPCI Pro) ( 1,000 ) — Annual Premium Rate for Waiver of Premium (Critical Illness) Pro (WPCI Pro) (Per $1,000 Face Amount) – Female
Age
Premium Term
Age
Premium Term
6 6-Year
10 10-Year
15 15-Year
20 20-Year 6
6-Year 10
10-Year 15
15-Year 20
20-Year 0 0.24 0.21 0.22 0.23 31 1.31 1.36 1.71 2.09 1 0.24 0.21 0.22 0.23 32 1.48 1.53 1.90 2.31 2 0.24 0.21 0.22 0.23 33 1.66 1.70 2.10 2.54 3 0.24 0.21 0.22 0.23 34 1.86 1.89 2.32 2.78 4 0.24 0.21 0.22 0.23 35 2.07 2.09 2.55 3.04 5 0.24 0.21 0.22 0.23 36 2.28 2.29 2.80 3.31 6 0.24 0.21 0.22 0.23 37 2.51 2.51 3.06 3.60 7 0.24 0.21 0.22 0.23 38 2.75 2.74 3.33 3.91 8 0.24 0.21 0.22 0.24 39 3.00 2.98 3.63 4.24 9 0.24 0.21 0.22 0.24 40 3.26 3.24 3.94 4.59 10 0.24 0.21 0.22 0.25 41 3.54 3.51 4.28 4.96 11 0.24 0.21 0.23 0.26 42 3.83 3.79 4.64 5.36 12 0.24 0.21 0.23 0.27 43 4.12 4.09 5.02 5.78 13 0.24 0.21 0.24 0.29 44 4.44 4.41 5.43 6.23 14 0.24 0.22 0.25 0.31 45 4.78 4.76 5.88 6.71 15 0.24 0.22 0.26 0.34 46 5.14 5.13 6.36 7.23 16 0.24 0.23 0.28 0.37 47 5.52 5.53 6.88 7.79 17 0.25 0.24 0.30 0.41 48 5.93 5.95 7.45 8.40 18 0.25 0.25 0.33 0.45 49 6.35 6.41 8.06 9.08 19 0.26 0.28 0.37 0.51 50 6.81 6.90 8.73 9.82 20 0.28 0.31 0.42 0.58 51 7.29 7.43 9.46 10.63 21 0.31 0.35 0.48 0.65 52 7.80 8.00 10.26 11.53 22 0.36 0.40 0.55 0.74 53 8.34 8.60 11.15 12.52 23 0.42 0.47 0.64 0.85 54 8.91 9.26 12.14 13.63 24 0.50 0.54 0.73 0.96 55 9.53 9.98 13.24 14.85 25 0.58 0.63 0.84 1.09 56 10.19 10.78 26 0.67 0.73 0.95 1.22 57 10.88 11.66 27 0.78 0.83 1.08 1.37 58 11.58 12.64 28 0.88 0.94 1.21 1.53 59 12.36 13.75 29 1.01 1.07 1.37 1.70 60 13.24 15.03 30 1.15 1.21 1.53 1.89