What's New In Investments, Funds? – Sun Life Hong Kong

Editorial Staff

23 August 2022

Sun Life Hong Kong
has launched Stellar (18-pay), adding death benefit settlement options to aid clients’ legacy planning.

The plan also embeds ESG concepts into its investment strategies, Sun Life said in a statement yesterday.

The offering includes waiver of premium benefit, Payor Benefit, Premium Holiday Option and free Policy Split Option.

“Compared with legacy planning tools that involve higher costs, an insurance policy is relatively cost-effective and flexible as a legacy solution tool that enables both the affluent and the broader general public to plan their legacy,” Christine Yeung, general manager, Life and Health of Sun Life Hong Kong Limited, said.

The firm has also launched the SaveFast Endowment Plan, a US dollar-denominated non-participating savings plan. For a short premium payment period of two years, clients can obtain five years of saving protection.