China Life Eternal Wealth (USD)
China Life Eternal Wealth (USD) is designed to serve your multi-generational wealth accumulation needs, such as to build, grow and leave a legacy for your future offspring and generations to come.
Product Features
Wealth Accumulation That Lasts for Generations
Flexible Premium Payment Options2
100% Capital Guarantee3
Change of Life Insured4, Unlimited Times!
Contingent Life Insured Options5
Policy Split Option6
Be covered for Death7 and Terminal Illness8
Distributed By
1. The non-guaranteed annual bonuses which may vary according to the future performance of the participating fund. We may declare and add to your policy starting from the end of the 3rd policy year. Once the bonuses are declared and allocated, it will form as a part of the guaranteed benefits of your policy.
2. The maximum entry age of life insured is 65 (age last birthday).
3. For single premium, capital guarantee occurs at the end of the 5th policy year. For 5-year premium term, capital guarantee occurs at the end of the 10th policy year. Capital guarantee is only applicable if all yearly premiums (if applicable) due on the policy have been paid before the end of the grace period.
4. This feature can only be exercised from the 1st policy anniversary onwards while the policy is inforce, and that all premiums due are already paid for, subject to meeting other terms and conditions. Please refer to the policy contract for full details. To apply for this benefit, the policy owner has to fill out Our required “Change of Life Insured” application form specified by us.
5. You may appoint up to two contingent life insureds at application or during the policy term to ensure the continuity of the policy. Contingent life insured can be appointed an unlimited number of times. In the event of death of the current life insured or when the current life insured is diagnosed with terminal illness, the appointed contingent life insured shall be the new life insured of this policy. Please refer to the policy contract for more details.
6. The policy split option may be exercised for an unlimited number of times from the 10th policy anniversary onwards while the policy is in force, subject to meeting other terms and conditions. Please refer to the policy contract for full details.
7. If the life insured dies while the plan is in force, and no Contingent Life Insured(s) were appointed, we will pay the sum of:
- 108% of the total yearly premiums due-to-date or guaranteed cash value, whichever is higher;
- accumulated reversionary bonuses (if any); and
- a non-guaranteed terminal bonus (if any),
less amounts owing (if any) and outstanding premium (if any).
8. If the life insured is diagnosed with Terminal Illness while the policy is inforce, and no Contingent Life Insured(s) were appointed, we will advance the death benefit.
You should seek advice from a financial adviser representative before making a commitment to purchase the plan.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. Change of policyholder is done by assignment, subject to relevant administration procedures of Our company.
This marketing material is for reference only and does not consider your specific investment objectives, financial situation or needs. It is not a contract of insurance and is not intended as an offer or recommendation to purchase the plan. The specific details applicable to this insurance plan are set out in the policy contract. In case of discrepancy between the English and Mandarin versions, the English version shall prevail.
These policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg, www.lia.org.sg, www.sdic.org.sg).
This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is correct as at 14 February 2025.