Generali Hong Kong has introduced LionAchiever Elite, a new whole life insurance product aimed at combining short-term savings with long-term legacy planning.
The policy requires only two years of premium payments, making it appealing to customers who want limited long-term financial commitments. It is specifically designed for individuals who want to grow their wealth while also structuring how it will be passed down to future generations.
Generali said the product offers a projected internal rate of return (IRR) of up to 5.03% per year by the 10th policy year. Depending on the performance of underlying assumptions, policyholders could reach breakeven as early as the third year.
LionAchiever Elite includes a suite of estate planning features, such as:
Flexible death benefit payouts, which can be received as a lump sum, in phases, partially, or at a deferred time.
Policy splitting options to distribute the policy among multiple heirs.
Temporary custodian designation, which allows a chosen person to manage the policy if the policyholder dies prematurely.
Ronald Tse, Chief Insurance Officer at Generali Hong Kong, said the product is ideal for those seeking greater control over their financial legacy.
“LionAchiever Elite is designed for customers who want more control over their wealth, not just in how they grow it, but also in how they transfer it to future generations,” he said.
The launch reflects growing interest in simplified premium commitments paired with sophisticated legacy tools in the life insurance market.
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