Up to 4.46% p.a. Projected Total Return Rate upon Policy Maturity

HONG KONG SAR - Media OutReach - 19 April 2023 - Facing the complex and volatile economic situation, most customers would adopt more balanced strategies on wealth management. With competitive and steady returns, savings insurance can cater longer term of wealth management plan for customers, such as education fund for children and retirement reserve, etc. Hong Kong Life sincerely better arranges for customers by providing the premium discount of "Wealth Up Savings Insurance Plan" which allows customers enjoying higher potential returns. From now until 30 June 2023, customers may enjoy up to 13% first year premium discount upon successful application of "Wealth Up Savings Insurance Plan" with fulfilment of specified first-year premium requirement and the policy being successfully issued. In addition, up to 5% Premium Prepayment Discount will be offered to customers if the second year premium is paid in advance together with the first year premium at the time of application. The Projected Total Return Rate can reach up to 4.46% p.a. upon Policy Maturity¹. "Wealth Up Savings Insurance Plan" provides 20 years of savings and life protection with only 2-year premium payment. The Plan also offers premium prepayment arrangement, flexible death settlement options and simple application procedure with no medical examination required to meet the needs of different customers. Mr. Jonathan Ko, Chief Marketing Officer of Hong Kong Life, said, "Hong Kong Life understands that customers would allocate their assets with various management tools to maximize the potential growth. Savings insurance is one of the common wealth management tools which provides steady returns and can better strive a balance between assets appreciation and financial risks. We have especially provided the premium discount of the 'Wealth Up Savings Insurance Plan', bringing up to 4.46% p.a. Projected Total Return Rate upon Policy Maturity to help customers achieving their wealth accumulation goals of medium-to-long term." Learn more about Wealth Up Savings Insurance Plan – Client Promotion Incentive : https://www.hklife.com.hk/en/promotions/index-id-34.html Learn more about Wealth Up Savings Insurance Plan： https://www.hklife.com.hk/en/products/personal-insurance/savings-plan/wealth-up-savings-insurance-plan/index.htmlKey Features of Wealth Up Savings Insurance Plan:

• Short Premium Payment Term² with 20-Year Life Protection

The Premium Payment Term² of the Plan is 2 years² only with 20 years life protection for the Life Insured.

• Premium Prepayment Arrangement³ to Build Your Wealth with Ease

You can prepay the premium for the second year at the time of application and enjoy the premium prepayment discount on the second year premium³, so that you can build your wealth with ease.

• Additional Return to Build Your Wealth

The Plan not only provides Guaranteed Cash Value, Terminal Dividend (non-guaranteed)⁴ may also be payable on or after the end of 5^th Policy Year when the Policy is fully surrendered by the Policyowner, upon the death of the Life Insured or upon Policy Maturity, whichever is earlier. When the Policy is partially surrendered by the Policyowner, Terminal Dividend (non-guaranteed)⁴ may be payable on or after the end of 5th Policy Year. The payable amount is equal to the Terminal Dividend (non-guaranteed)⁴ attributable to the reduced portion of Principal Amount⁵. Terminal Dividend (non-guaranteed)⁴ will not accumulate in the Policy.

• Life Protection for Peace of Mind

When the Life Insured dies, the Total Death Benefit will be paid to the Beneficiary as below:

Policy Year	Total Death Benefit
1 - 5	101% of Total Premiums Paid6	less Indebtedness (if any).
6 - 20	Applicable to the Life Insuredwith issue age 70 or below: 105% of Total Premiums Paid6 OR 100% of Guaranteed Cash Value as at the date of death of the Life Insured (whichever is greater) Applicable to the Life Insuredwith issue age above 70: 101% of Total Premiums Paid6 OR 100% of Guaranteed Cash Value as at the date of death of the Life Insured (whichever is greater)	plus Terminal Dividend (non-guaranteed)4(if any),less Indebtedness (if any).

• Flexible Death Settlement Options⁷

The Plan provides flexible Death Benefit Settlement Options⁷. Instead of receiving the Death Benefit in a lump sum payment, Policyowner can designate other settlement options including Installment Payments (Fixed Amount) or Installment Payments (Fixed Period) while the Plan is in force and the Life Insured is alive to settle the Death Benefit to the Beneficiary.

• Fixed Premium for Your Better Planning

The premium will remain unchanged throughout the Premium Payment Term², allowing you to have a better plan for your future.

• Simple Application

Application procedure is simple and no...