Smart Immediate Annuity Plan

Product Type : Life Insurance

Insurer : BOC Group Life Assurance Company Limited

Enjoying the future life in the moment

BOC Group Life Assurance Company Limited ( “BOC Life” ) offers Smart Immediate Annuity Plan (“the Plan”) which is a comprehensive retirement protection plan that provides you with Guaranteed Monthly Income and life protection in your lifetime with a single premium, enabling you to manage your flexibility in financial planning and protection needs. You will enjoy a carefree retirement life at present.

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

Basic Eligibility Requirements
Coverage Period 25 years Whole of the
Insured’s life
Issue Age Age 0 (starting from 15 days after birth) to age 64
Minimum Single Premium RMB75,000  (RMB policy) / HK$100,000 (HKD policy) / US$12,500
(USD policy)
RMB150,000  (RMB policy) / HK$200,000 (HKD policy) / US$25,000
(USD policy)
Policy Currency RMB/HKD/USD
Premium Payment Mode Single-Payment


Important Notes: 

  • The Plan is underwritten by BOC Life. Bank of China (Hong Kong) Limited ("BOCHK") is the major insurance agent bank appointed by BOC Life.
  • BOC Life is authorised and regulated by the Insurance Authority to carry on long term insurance business in the Hong Kong Special Administrative Region of the People's Republic of China.
  • 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 agent of the insurance company for distribution of life insurance products. The life insurance product is a product of the insurance company but not BOCHK.
  • 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.  

This promotion material is for reference only 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. Please refer to the policy documents and provisions issued by BOC Life for details (including detailed terms, conditions, exclusions, policy costs and fees) of the Plan. For enquiry, please contact the branch staff of the major insurance agent banks.