A plan that helps to enrich the way you live
[Sponsored Article] Financial goals come in many varieties and whether the aim is to save for a marriage, a car, to help pay for a child’s education, a special holiday or simply save for the future, FWD Life Insurance Company (Bermuda) Limited’s Savie Insurance Plan (“Savie”) is an ideal way for Hong Kong residents to start saving for that special event or invest in a saving plan according to your own schedule.
[Sponsored Article]
Financial goals come in many varieties and whether the aim is to save for a marriage, a car, to help pay for a child’s education, a special holiday or simply save for the future, FWD Life Insurance Company (Bermuda) Limited’s Savie Insurance Plan (“Savie”) is an ideal way for Hong Kong residents to start saving for that special event or invest in a saving plan according to your own schedule.
With no fees or charges for customers to worry about, everything about the Savie is designed to be easy to understand and uncomplicated. For example, offering choice and flexibility, customers may make a minimum lump sum premium in the range of HK$30,000 and HK$400,000. For a limited period, successful applicants will receive a guaranteed 3% interest rate per year during the first and second policy years and 4% interest rate during the third year policy year. (For fourth policy year and onwards, interest rates are no longer guaranteed.) Savie provides the additional protection of Accidental Death Benefit which is equivalent to 100% of the account value, together with a Death Benefit of 105% of the account value.
Savie Guaranteed Crediting Interest Rate
1st Policy Year: 3%
2nd Policy Year: 3%
3rd Policy Year: 4%
At a time when stock markets are turbulent and unpredictable, bank interest rates nearing record lows and iBonds only offering 1% pa. guaranteed interest rate, Savie provides a transparent and reliable way to gain interest on your hard-earned money. Please note however that Savie is an insurance product. The premium paid is not a bank savings deposit or time deposit. Savie is not protected under the Deposit Protection Scheme in the Hong Kong Special Administrative Region.
As good as it is, currently Savie has a limited sales quota. To reserve a chance to apply, you can register your interest by simply leaving your email with FWD. Then, when the product is ready for launch, you may receive a notification email and with it, you may start the application process for Savie by completing a financial needs analysis with FWD to confirm your suitability of the plan. Once it is confirmed that Savie meets your objective(s) and need(s), you may immediately apply for the plan.
As everyone knows, life can be full of surprises and unplanned challenges that leave even the most disciplined customer requiring quick access to their money to cover bills and expenses and smooth out those bumps in the road. Savie allows customers easy access to their savings by enabling them to withdraw from their account without having to pay a penalty fee or incur charges. Policy holders can make an unlimited number of withdrawals with a minimum withdrawal amount of HK$1,000.
Living a successful, enjoyable and happy life is about achieving a proper balance between time with family and friends and between work and making that all important first step toward achieving financial security.
