Whether you want to purchase your dream home, plan for your children’s education or envision a wonderful retirement life, a stable way to grow your wealth is indispensable. Tahoe Life Insurance Company (Macau) Limited (“Tahoe Life”)’s New Coupon Plan II (the Plan) offers you guaranteed cash payments as well as life protection during your lifetime. It helps set the foundation to achieve your goal and make your dreams come true.
Plan Features:
- Regular Guaranteed Cash Payments
The guaranteed cash payments will be payable according to the following 3 components. You may choose to leave the guaranteed cash payments in the policy to earn interest or receive them in cash.
- The 1st component:
A guaranteed cash payment, equivalent to 1.28% of the face amount, will be payable on the 6th policy anniversary date and each policy anniversary date thereafter until the age of 100 of the insured, the surrender of the policy or the death of the insured, whichever is earlier.
- The 2nd component:
An additional guaranteed cash payment, equivalent to 3.8% of the face amount, will be payable on the 12th policy anniversary date and each subsequent 6th policy anniversary date thereafter until the age of 100 of the insured, the surrender of the policy or the death of the insured, whichever is earlier.
- The 3rd component:
6-year premium payment term: An additional guaranteed cash payment, equivalent to 1% of the face amount, will be payable on the 6th, 7th and 8th policy anniversary date.
9-year premium payment term: An additional guaranteed cash payment, equivalent to 2% of the face amount, will be payable on the 9th, 10th and 11th policy anniversary date.
12-year premium payment term: An additional guaranteed cash payment, equivalent to 3% of the face amount, will be payable on the 12th, 13th and 14th policy anniversary date.
- Various Premium Payment Terms at Choice to Suit Your Needs
To fit your financial situation, the Plan offers three premium payment terms: 6 years, 9 years and 12 years. The premium is guaranteed to remain unchanged once it is determined, facilitating better financial planning for your future.
- Annual Dividends and Special Dividend
An annual dividend will be payable on the policy anniversary date. You may choose to leave the annual dividends in the policy to earn interest. If the policy has been effective for 10 years, it will also bring you additional returns by providing dividend upon the surrender of the policy, the maturity of the policy or the death of the insured. Both the annual dividends and special dividend are not guaranteed.
- Whole Life Insurance Protection
We understand that you want to have a comprehensive family protection. The Plan provides savings returns as well as life insurance up to the age of 100 of the insured, offering comprehensive protection for you and your loved ones.
- No Medical Underwriting
If you apply for the basic plan only, no health declaration and medical underwriting are required.
- Additional Protection
Additional protection can be chosen at your need, such as Waiver of Premium Benefit or Payor Benefit which can make the protection even more comprehensive.
For more product details, please visit Tahoe Life’s website.