Golden Saver (RMB) Insurance Plan

 Guaranteed annuity payments

Starting from the first policy anniversary after the insured reaches age 60, the Plan will offer a guaranteed annuity payment equal to 6% of the basic amount¹, which is payable annually for 20 years. You can choose to withdraw² it or leave it in the policy to earn interest³ until policy maturity.

 Wealth accumulation with annual dividends

The Plan is a participating insurance plan which pays out non-guaranteed dividends³ every year. You can opt to leave the non-guaranteed dividends in the policy to earn interest³ until policy maturity. Alternatively, you may withdraw² that to achieve financial goals or use that to pay future premiums.

 Life protection for peace of mind

If the insured passes away while the policy is in force, a death benefit will be payable to beneficiary. If the insured passes away before the first policy anniversary after age 60, the death benefit is equal to 101% of the accumulated premiums due and paid less the guaranteed annuity payments paid or the guaranteed cash value at the date of death of the insured, whichever is higher; plus accumulated non-guaranteed dividends and interest³ (if any), and less all indebtedness (if any).

If the insured passes away on and after the first policy anniversary after age 60, the death benefit is equal to the guaranteed cash value at the date of death of the insured, plus accumulated guaranteed annuity payments and interest³ (if any), and accumulated non-guaranteed dividends and interest³ (if any), and less all indebtedness (if any).

 Autonomy and flexibility options

The Plan is denominated in Renminbi and its premiums and policy benefits are settled in Renminbi. You may choose to pay premiums and receive policy benefits in Hong Kong dollar, which must be settled at the prevailing exchange rate of Renminbi to Hong Kong dollar (vice versa) determined by China Life (Overseas).

The Plan also offers premium payment terms of 3 years, 5 years or 10 years, allowing you to budget flexibly.