AXA Hong Kong and Macau has introduced a new insurance product called Max Goal II. The plan promises to reach breakeven in just five years, which the company says is the shortest timeframe currently available in the market.
At the start of the policy, the guaranteed cash value is 81% of the single premium, according to AXA’s official press release.
From the third policy anniversary, the plan will begin offering a non-guaranteed terminal dividend. AXA expects this to help the policy reach full breakeven—covering the total single premium—by the fourth anniversary.
By the fifth year, the guaranteed cash value will increase to 100% of the single premium. At that point, customers can choose to use a “terminal dividend lock-in option.” This feature allows them to turn non-guaranteed dividends into guaranteed returns, which will then earn interest.
The Max Goal II plan also includes a Wealth Master Service. This allows customers to decide how much they want to withdraw and over what period. They can also name up to three people to receive these withdrawals.
Additionally, the policy offers flexibility—customers can split their plans into multiple policies as often as they wish.
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