MaxiWealth ULife Insurance Plan

Product Type: Life Insurance

Insurer: BOC Group Life Assurance Company Limited

BOC Group Life Assurance Company Limited (“BOC Life”) offers MaxiWealth ULife Insurance Plan (“the Plan”) which is a universal life insurance plan that provides you with flexibility in financial planning and whole life protection. You can enjoy life protection coverage until the Insured reaches the age of 100 by paying premium for just 2 years and manage your future flexibly.

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

Basic Eligibility Requirements
Issue Age Age 0 (starting from 15 days after birth) to age 70
Premium Payment Term 2 years
Coverage Period Up to age 100 of the Insured
Policy Currency RMB / HKD / USD
Minimum Target Premium RMB100,000 / HKD100,000 / USD12,500
Premium Payment Mode Annual
Surrender Value Account Value upon surrender
minus Surrender Charge (if applicable),
less any overdue policy fee (if applicable)
and any indebtedness (if applicable)
plus the balance of the Premium Deposit Account (if any)


Important Notes: 

  • The Plan is underwritten by BOC Life. 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 insurance business in the Hong Kong Special Administrative Region of the People's Republic of China.
  • 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 SAR. (insurance agency licence no. 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 insurance agency 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 sales documents, including product brochure, benefit illustration and policy documents and provision 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 agencies.