iTarget 3 Years Savings Insurance Plan 

Product Type : Life Insurance

Insurer : BOC Group Life Assurance Company Limited 

Applicant must be aged between 18 and 64. iTarget 3 Years Savings Insurance Plan ("the Plan”) is available to the holders of Hong Kong Permanent Identity Card / Hong Kong Identity Card, People’s Republic of China Resident Identity Card / Passport or Macau Resident Identity Card, who also have BOCHK e-Banking (mobile banking / internet banking) account, to apply via BOCHK e-Banking in Hong Kong.

Enter Promo Code NT3 immediately to grab your opportunity to enjoy the Flash Sale!

  • Only paying premiums for 2 years
    May enjoy up to 3.44%* annualized guaranteed return after 3 years 
  • Flexible premium payment mode
    Prepayment^ | Annual | Monthly 
    Prepaid premiums for higher returns
  • Monthly premium from HKD500 only
  • Instant application via mobile app
    One-stop self-service experience
  • Combination of savings and life protection  

^ Premium Deposit Account is only applicable to policy with annual payment mode. If premiums prepayment option is selected, payable premiums for 2 policy years have to be fully paid upon insurance application.

Note:  Please refer to the product leaflet for the details of the Plan (including the coverage, key risks, major exclusions, etc.).

Basic Eligibility Requirements Product Video
Issue Age Age 18 to age 64
Premium Payment Term 2 Years
Benefit Term 3 Years
Policy Currency RMB / HKD / USD
Premium Payment Mode Prepayment / Annual / Monthly            (Direct Payment from BOCHK e-Banking Account)

Flash Sale

Promotion Period:    From 24 October 2021 (Limited Offer)

Promo Code:            NT3

By entering the Promo Code as mentioned above, you may have an opportunity to enjoy the first year premium discount offer of your application of the Plan. You may enjoy the first year premium discount rate of up to 6.5%!

Note: First year premium discount offer is subject to terms and conditions. For details, please refer to the product leaflet.

Maximum Annualized Guaranteed Rate of Return*

Currency RMB  HKD  USD
Maximum Annualized Guaranteed Rate of Return* 3.44% 1.97% 2.17%

*Annualized guaranteed rate of return varies by your chosen policy currency and premium payment mode. The annualized guaranteed rates of return mentioned above are rounded to 2 decimal places, and calculated based on premium paid by lump sum prepayment and included first year premium discount (if any).  Please refer to the product leaflet for the details. 

Illustrative Example

iTarget 3 Years Savings Insurance Plan

Premium Payment Term:   2 years

Premium Payment Mode:    Annual Payment for 2 years

Policy Currency:                  USD

Annual Premium:                 USD12,500

Total Premiums:                  USD25,000

At policy maturity after 3 years

Maturity Payment:             USD26,238  (Approximately 105% of the actual Total Premiums Paid)

Annualized Guaranteed Rate of Return:  1.95%

Note: The above case is not real and for illustrative reference purpose only. The actual maturity payment will be subject to change according to the circumstances of each individual case. For details, please refer to the latest policy provisions and product leaflet. 


The relevant return rates and amounts mentioned above are calculated based on the case with first year premium discount (if applicable). Please refer to product leaflet for terms and conditions of the first year premium discount offer.

The Policy Owner is subject to the credit risk of BOC Life. If the Policy Owner discontinues and / or surrenders the insurance plan in the early policy years, the amount of the benefit he / she will get back may be considerably less than the amount of the premium he / she has paid. 

Important Notes: 

  • iTarget 3 Years Savings Insurance Plan (“the Plan”) is a long-term insurance plan that is underwritten by BOC Group Life Assurance Company Limited (“BOC Life”). It is not a bank deposit scheme or bank savings plan. Bank of China (Hong Kong) Limited ("BOCHK") is the major insurance agency appointed by BOC Life.

  • BOC Life is authorised and regulated by the Insurance Authority to carry on long term business in the Hong Kong Special Administrative Region of the People's Republic of China(“Hong Kong”).
  • BOCHK is granted an insurance agency licence under the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) by Insurance Authority in Hong Kong . (insurance agency licence no. of BOCHK is FA2855)
  • BOC Life reserves the right to decide at its sole discretion to accept or decline any application for the Plan according to the information provided by the proposed Insured and the applicant at the time of application.

  • The Plan is subject to the formal policy documents and provisions issued by BOC Life. Please refer to the relevant policy documents and provisions for details of the Insured items and coverage, provisions and exclusions.

  • BOCHK is the appointed agency of BOC Life for distribution of life insurance products. The life insurance product is a product of BOC Life but not BOCHK.

  • BOCHK and/or BOC Life reserve the right to amend, suspend or terminate the Plan at any time, and to amend the relevant terms and conditions. In case of dispute(s), the decision of BOCHK and/or BOC Life shall be final.

  • In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between BOCHK and the customer out of the selling process or processing of the related transaction, BOCHK is required to enter into a Financial Dispute Resolution Scheme process with the customer; however any dispute over the contractual terms of the insurance product should be resolved between directly the insurance company and the customer.   

  • Cooling-off period:

    Policy Owner has the right to cancel the policy and obtain a refund of any premium(s) and the levy and/ or charges (if any) paid, which are collected by BOC Life on behalf of the government or the regulatory authority (including but not limited to the Insurance Authority) according to the relevant requirements, less any difference caused by exchange rate fluctuation, where applicable, by giving written notice. Such notice must be signed by the Policy Owner and received directly by BOC Life’s Principal Office at 13/F, 1111 King’s Road, Taikoo Shing, Hong Kong within 21 calendar days after the delivery of the policy or issue of a Notice to the Policy Owner or the representative of the Policy Owner, whichever is the earlier. The Policy Owner understands that BOC Life will notify the Policy Owner of the Cooling- off Period via a Notice and / or text message. If the last day of the Cooling-off Period as indicated in the Notice and/or the text message is not a working day, it will fall on the next working day. No refund can be made if a claim has been admitted.

This promotion material is for reference on the key product features of this Plan and is intended to be distributed in Hong Kong only. It shall not be construed as an offer to sell or a solicitation of an offer or recommendation to purchase or sale or provision of any products of BOC Life outside Hong Kong. You are advised to read in conjunction with the product leaflet of this Plan. Please refer to the sales documents, including product brochure, benefit illustration and policy documents and provisions issued by BOC Life for details (including but not limited to insured items and coverage, detailed terms, key risks, conditions, exclusions, important notes, policy costs and fees) of the Plan.