Products under this Insurance Plan are issued and managed by MetLife Insurance Co., Ltd. HSBC China (the Bank) only serves as the third party sales agent and thus will not assume responsibilities for investment, cashing and risk management of such products.
Important notice: This is a participating insurance product, the dividend depends on the specific operating conditions.
Key features
- Short payment period, early annuity payment
- Flexible and multiple usages, customized payment options
- Potential dividend to maintain and increase value
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HSBC Premier customers
HSBC Advance customers
Other customers
Please dial the country code of mainland China +86 if you are calling from overseas, Hong Kong SAR, Macau SAR, or Taiwan
Branch services
Summary of cover
What's included?
- Annuity: 100% basic insurance amount.
- Death Benefit: the cumulative total premium OR the present value, whichever is greater.
- Dividend allocation: cash collection or accumulated interest.
Additional benefits
More help when you need it.
When the unexpected happens, this policy can offer you more support with additional benefits.
- Automatic Premium Loan
The insurance company will pay from the cash value any premium due at the end of the grace period in order to prevent lapse of the policy.
- Policy Loan
During the insurance period, you may apply for a Policy Loan from the insurance company up to 80% of the policy's cash surrender value.
Excluded liabilities
What's excluded?
- The policyholder deliberately kills or injures the insured;
- The insured commits crimes, or resists any compulsory criminal measures that are legally imposed;
- The insured takes or injects drugs by his/her own volition;
- The insured commits drunk driving, drives a motor vehicle without a legitimate and valid driver’s license, or driving permit;
- War, military conflict, riot or armed rebellion;
- The insured is infected with HIV or acquires AIDS (Except for blood transfusion);
- Nuclear explosion, radiation or contamination.
Product documents
Learn more about the product agreement from below Policy Contract.
Eligibility
Application eligibility:
Case study
Mr. Xu, 45 years old, a private business owner, has a child of 15 years old. He is planning to arrange a portion of his pension to ensure the quality of future retirement when he has sufficient funds. If other assets are operated successfully, the money can also be inheritance. Mr. Xu bought [Feng Ying Nian Nian Insurance Plan] annuity products, with the insurance amount of RMB 100,000, payment perios of 3 years, insurance period of 25 years, at the annual premium of RMB 271,159. Mr. Xu can enjoy the benefits as below:
Option 1: Annually supplementary pension payment - After the completion of the payment, Mr. Xu retires at the age of 60. He can receive RMB 100,000 per year as a supplementary pension from 61 years to 70 years old, and enjoy the potential annual dividend.
Option 2: Family inheritance - After the completion of the payment, the business runs smoothly. Mr. Xu decides to be paid with a lump-sum at the age of 70 instead of annuity so his child can inherit the wealth at the age of 40. This lump-sum may vary based on the level of dividends: RMB 1,146,388 if dividends level at low-range, RMB 1,586,937 if dividends level at mid-range, or RMB 1,846,083 if dividends level at high-range.
Information on the insurance company
Profile of the insurance company
Sino-US United MetLife Insurance Company Limited (MetLife) was incorporated as a joint venture company by a subsidiary of MetLife, Inc. and Shanghai Alliance Investment Ltd. (SAIL). Relying on the MetLife companies' abundant experience in the insurance industry and SAIL's profound expertise in the Chinese market, MetLife is committed to providing credible and professional insurance solutions for consumers in China. In over twenty Chinese cities, MetLife offers life, health, accidental and annuities insurance products to individuals through its multidimensional channels, including career agency, bank partners, and direct & digital marketing. For more information about MetLife China, please visit the official website at www.metlife.com.cn.
Contact information of the insurance company
Sino-US United MetLife Insurance Co., Ltd
31F&32F, Century Link Tower 2, No.1196 Century Avenue, Pudong New District, Shanghai, China
Service Hotline: 400-818-8168
Website: www.metlife.com.cn