... contract by the insurer - nothing more and nothing less. However, a lot of insurance products in the market have benefits covering both guaranteed and non-guaranteed components (e.g. participating policies). The non-guaranteed benefits, as the name suggests, are not guaranteed to be paid. The...

... Non-guaranteed benefits fluctuation The non-guaranteed benefits shown in the Benefit Illustration document are not guaranteed to be paid. They are determined by the actual investment returns and performance, claims experience, or operating expenses of the insurer. Under extreme circumstances, the...

... 2. Be aware that the ratio varies for individual policies Even if policies are effected in the same year, the variation of the declaration of non-guaranteed benefits versus those illustrated at the point of sale may be different. As the fulfillment ratio is an average measure across all...

...: Assess your personal needs Episode 4: How to interpret the benefit illustrations Episode 5: Understand the past performance of a participating policy Comic series (Chinese only) The actual payout of non-guaranteed benefits may be...

... and your personal needs. 4. Look at the fulfillment ratio The fulfillment ratio applies only to products with non-guaranteed payouts, which are often affected by factors such as the insurer’s investment returns, claims experience and profits. The annuity income offered...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

... Living Adjustment (COLA) Benefit IV. Explaining the Life Insurance Policy i. Entire Contract Provision ii. Incontestability Provision iii Grace Period iv. Beneficiary Designation v. Nonforfeiture Benefits vi. Policy Loan vii. Reinstatement viii. Misstatement of Age or Sex ix. Assignment x. Dividend...