AIA SPRING INCOME PLAN & AIA RMB SPRING INCOME PLAN

Brilliant Future.

Brilliant Future.

Enjoying life according to your plans means establishing those plans early on. The smart choice would be to establish an insurance plan that offers relatively stable and growth early on, securing an enjoyable future for you and your loved ones.

AIA Spring Income Plan, which is underwritten by AIA International Limited (Incorporated in Bermuda with limited liability), was created to help you live life according to your own design. Not only does it guarantee a stable income, it also enables you to flexibly withdraw funds and change the length of your Income Period before it commences. Whether your plan is to enjoy the next stage in your life with relative comfort and security or to pursue a lifelong dream, you can chart your course with care, knowing that you hold the keys to a wonderful life.

AIA RMB Spring Income Plan1, which is underwritten by AIA International Limited (Incorporated in Bermuda with limited liability), provides you with potential returns while offering you the opportunity to earn from the potential appreciation of the RMB. In addition, the plan also provides a guaranteed stable income and enables you to flexibly withdraw funds. Whether your plan is to enjoy the next stage in your life with relative comfort and security or to pursue a lifelong dream, you can chart your course with care, knowing that you hold the keys to a wonderful life.

Top reasons to get a AIA Spring Income Plan & AIA RMB Spring Income Plan

  • Live according to your plans with a regular income
  • Short premium payment period for a prompt income
  • Guaranteed stable income: Lead your life the way you want
  • Policy currency in RMB to maximize future potential

Act Now

AIA Spring Income Plan

Benefits

  • Live according to your plans with a regular income
  • Short premium payment period for a prompt income
  • Flexible Income Period to support your future plans
  • Flexibility on preserving your wealth.

Live according to your plans with a regular income

AIA Spring Income Plan guarantees a stable income1 with which to plan your life. It offers an annual income throughout the Income Period, including a Guaranteed Annual Income as well as non-guaranteed annual dividend. Alternatively, you may choose to allow the annual income to accumulate in your Policy and earn interest2, withdrawing it at the maturity of your Policy in a lump sum. These options give you the flexibility to finance your needs as they arise, enabling you to live life to the fullest.

Illustrative example
Plan: AIA Spring Income Plan (3 Years Payment Level Payout)+ Insured: A 40-year-old female (non-smoker) Premium Payment Period: 3 years
Income Period: 15 years Annual Premium: HK$240,000 Total Premiums Paid: HK$720,000
End of Policy Year Total Income Accumulations (a) Maturity Dividend (b) Guaranteed Cash Value (c) Total Cash Value (a+b+c) Total Cash Value / Total Premium Paid (%)
13 808,371 7,488 195,446 1,011,305 140%
17 1,185,275 0 0 1,185,275 165%

Notes:

  • This illustration shows the effect of leaving Annual Income* with AIA to accumulate interest. The illustrated interest rate for the purpose of accumulation is 3.50% per annum, using the interest rate applicable at the date of this illustration to Total Income Accumulations. Actual accumulation interest rates may vary for the duration of the Policy and may be less or more favourable than this illustrated rate.
  • The value in the column labelled "Total Income Accumulations" is the sum of the previous year's Total Income Accumulations (including interest at the illustrated accumulation interest rate of 3.50% per annum, which is non-guaranteed and declared by AIA from time to time) plus the current year's Annual Income*.
  • Hypothetical values for annual dividends and maturity dividend are used for the purpose of this illustration. The projected values of annual dividends and maturity dividend are based on the current dividend scales and are not guaranteed. The actual annual dividends and maturity dividend paid may change with the values being higher or lower than those illustrated.
  • The maturity dividend may be paid on death (when Death Benefit is paid in a lump sum) or surrender only if the Basic Policy has been in force for 5 years or more at that time.
  • This illustration assumes that no loans are taken throughout the term of the Policy and that all premiums are paid in full when due.
  • The amount of total premium shown assumes that premiums are paid on an annual basis. The total premiums paid in any Policy Year will differ from the total premium shown if premiums are paid on a monthly basis.
+
Guaranteed Annual Income will be the same within the Income Period.
*
"Annual Income" consists of Guaranteed Annual Income and non-guaranteed annual dividends.

Short premium payment period for a prompt income

Another benefit of AIA Spring Income Plan is the exceptionally short premium payment periods available, enabling you to quickly begin enjoying the fruits of your savings. You may choose to pay your premium in a single time (also known as Single Premium), over 3-year or 5-year premium payment periods, and opt to begin receiving the annual income on the next Policy Anniversary upon you paid up the Policy. This could give you the head start you need to make your dreams a reality.

Flexible Income Period to support your future plans

What sets AIA Spring Income Plan apart is the flexibility it offers when it comes to changing the length of your Income Period. You can opt to extend or shorten your Income Period for one time3 before it commences without incurring any extra charges. This gives you the freedom to adapt your Policy as circumstances require, shortening it to receive income earlier in the Income Period, or extending it for receiving income over a longer term.

You might choose to receive your annual income under a level mode4 or increasing mode5 when applying for the Policy. The level mode offers a fixed Guaranteed Annual Income to give you a relatively greater stability during retirement. While the increasing mode of Guaranteed Annual Income helps to deflect the effects of inflation over the long term, it may prove beneficial during your twilight years, whether to cover medical expenses or to help you realising your long-held retirement dreams.

Flexibility on preserving your wealth

In the unfortunate event that the Insured passes away on or after the third Policy Anniversary (only applicable to Single Premium) / after the commencement of Income Period, family members can still inherit the savings. The Beneficiary will receive Death Benefit6 in a lump sum as a reserve fund, or the Owner can opt for the Beneficiary to continue receiving the unpaid annual income until the end of the Income Period, which would deliver an annual income well into the future.

Should the Insured passes away within the first 3 Policy Years (only applicable to Single Premium) / premium payment period, the total premium payments already made will be paid back to the Beneficiary in a lump sum as the Death Benefit7. If the Insured passes away in an Accident within the first 3 Policy Years (only applicable to Single Premium) / premium payment period, the Beneficiary will receive double the total premium paid7 for emergency use.

AIA Spring Income Plan offers you the freedom of choice:

Issue Age of Insured 15 days to aged 80
Premium Payment Period Single Premium / 3-year / 5-year premium payment period
CurrencyUSD / HKD
Minimum Annual Premium Single Premium: US$10,000 / HK$75,000
3 years: US$3,000 / HK$22,500
5 years: US$2,000 / HK$15,000
Distribution of Income Begin receiving the income on the next Policy Anniversary upon you pay up the Policy. The income can be accumulated in the Policy and earn interest2, though it can be withdrawn annually.
Income Payment Mode Level mode4 / Increasing mode5
Income Period The pre-set Income Period for Single Premium is 18 years. The pre-set Income Period for 3-year and 5-year premium payment period is 15 years; there is a one-time option to extend or shorten the Income Period within 6 months before it commences (e.g. 10 years, 20 years and 30 years)3.
Death Benefits Payout Option

If Insured passes away on or after the third Policy Anniversary (only applicable to Single Premium) / after the commencement of Income Period: Lump sum payment6 or in the form of unpaid annual income until the end of the Income Period.

If Insured passes away within the first 3 Policy Years (only applicable to Single Premium) / premium payment period: The total premium payments already made7 will be paid back in a lump sum as Death Benefit.

Accidental Death Benefit7 If the Insured passes away in an Accident within the first 3 Policy Years (only applicable to Single Premium) / premium payment period, the Beneficiary will receive double the total premium paid7.
Suicide Clause Applicable to this product. For details, please refer to the Policy Contract.
Policy Loan Applicable

Subject to AIA’s prevailing rules and regulations, no medical examination is required for a new policy application if the total premium payable for the entire premium payment period for such products (as may be designated by AIA from time to time) does not exceed the requirement per life limit set by AIA.

AIA RMB Spring Income Plan

Benefits

  • Guaranteed stable income: Lead your life the way you want
  • Policy currency4 in RMB to maximize future potential
  • Single premium payment for prompt income
  • Choose how you receive your annual income to support your future plans
  • Flexibility on preserving your wealth

Guaranteed stable income: Lead your life the way you want

AIA RMB Spring Income Plan guarantees a stable income2 with which to plan your life. It offers an annual income throughout the Income Period, including a Guaranteed Annual Income as well as non-guaranteed annual dividends. Alternatively, you may choose to allow the annual income to accumulate in your Policy and earn interest3, withdrawing it at the maturity of your Policy in a lump sum. These options give you the flexibility to finance your needs as they arise, enabling you to live life to the fullest.

Illustrative example
Plan: AIA RMB Spring Income Plan
(Single Premium Increasing Payout)+
Insured: A 45-year-old female (non-smoker)
Income Period: 18 years Single Premium: RMB800,000
End of Policy Year Total Income Accumulations (a) Maturity Dividend (b) Guaranteed Cash Value (c) Total Cash Value (a+b+c) Total Cash Value / Single Premium (%)
15 1,038,646 57,600 169,920 1,266,166 158%
18 1,402,268 0 0 1,402,268 175%

Notes:

  • This illustration shows the effect of leaving Annual Income* with AIA to accumulate interest. The illustrated interest rate for the purpose of accumulation is 3.00% per annum using the interest rate applicable at the date of this illustration to Total Income Accumulations. Actual accumulation interest rates may vary for the duration of the Policy and may be less or more favourable than this illustrated rate.
  • The value in the column labelled "Total Income Accumulations" is the sum of the previous year's Total Income Accumulations (including interest at the illustrated accumulation interest rate of 3.00% per annum, which is non-guaranteed and declared by AIA from time to time) plus the current year's Annual Income*.
  • Hypothetical values for annual dividends and maturity dividend are used for the purpose of this illustration. The projected values of annual dividends and maturity dividend are based on the current dividend scales and are not guaranteed. The actual annual dividends and maturity dividend paid may change with the values being higher or lower than those illustrated.
  • The maturity dividend may be paid on death (when Death Benefit is paid in a lump sum) or surrender only if the Basic Policy has been in force for 5 years or more at that time.
  • This Policy is denominated in the currency of Renminbi (RMB). The premium(s) are payable either in RMB or other currencies accepted by AIA. Payment in RMB is only applicable for transactions taking place in Hong Kong. The benefits are paid to you in RMB, or as per your request in HKD.
  • The currency conversion will be based on the prevailing market-based exchange rate, which will change from time to time and is determined by AIA in AIA's sole discretion with reference to market rates and/or sources at the time of payment processing. Any fluctuation in the exchange rate will have a direct impact on your benefit value and/or refund of premium paid (including but not limited to refund of premium paid due to cancellation of the Policy during the cooling-off period).
  • Exchange rate may fall as well as rise. You are subject to exchange rate and currency risks. RMB is a restricted currency and conversion of RMB through banks in Hong Kong is subject to a daily limit per person.
+
Guaranteed Annual Income will be increased annually within the Income Period.
*
"Annual Income" consists of Guaranteed Annual Income and non-guaranteed annual dividends.

Policy currency4 in RMB to maximize future potential

AIA RMB Spring Income Plan uses RMB as the Policy currency, offering you the opportunity to take advantage of potential RMB appreciation over time. Desirable returns help you to meet your financial goals as soon as possible.

Single premium payment for prompt income

You only have to pay the premium once with this plan (known as Single Premium) and can begin receiving the annual income on the first Policy Anniversary until the end of the Income Period. This could give you the head start you need to make your dreams a reality.

Choose how you receive your annual income to support your future plans

You might choose to receive your annual income under a level mode or increasing mode when applying for the Policy. The level mode offers a fixed Guaranteed Annual Income paid out during the Income Period to give you a relatively greater stability during retirement. Under increasing mode, Guaranteed Annual Income will increase annually during the Income Period, which helps to deflect the effects of inflation over the long term. This may prove beneficial during your twilight years, whether to cover medical expenses or to help you realising your long-held retirement dreams.

Flexibility on preserving your wealth

In the unfortunate event that the Insured passes away on or after the third Policy Anniversary, family members can still inherit the savings. The Beneficiary will receive the Death Benefit5 in a lump sum as a reserve fund, or the Owner can opt for the Beneficiary to continue receiving the unpaid annual income until the end of the Income Period, which will deliver an annual income well into the future.

Should the Insured passes away within the first 3 Policy Years, the total premium payments already made will be paid back to the Beneficiary in a lump sum as the Death Benefit6. AIA RMB Spring Income Plan also offers an Accidental Death Benefit7 in the first 3 Policy Years to give your family comprehensive protection.

Product features of AIA RMB Spring Income Plan:

Issue Age of Insured 15 days to aged 80
Premium Payment Period Single Premium
Currency RMB4
Minimum Annual Premium RMB60,000
Distribution of Income Begin receiving the income on the first Policy Anniversary. The income can be accumulated in the Policy and earn interest3, though it can be withdrawn annually.
Income Payment Mode Level mode/ Increasing mode
Income Period 18 years
Death Benefits

If Insured passes away on or after the third Policy Anniversary: A lump sum payment5 or in the form of unpaid annual income will be paid until the end of the Income Period.
If Insured passes away within the first 3 Policy Years: The total premium payments already made6 will be paid back in a lump sum as Death Benefit.

Accidental Death Benefit7 If the Insured passes away due to an Accident within the first 3 Policy Years, the Beneficiary will receive extra 100% of the Single Premium paid.
Guaranteed Internal Rate of Return (IRR)8 at Policy Maturity Level mode: 1.18% p.a.
Increasing mode: 1.23% p.a.
Suicide Clause Applicable to this product. For details, please refer to the Policy Contract.
Policy Loan Not Applicable

ACT NOW to enjoy this limited offer1

Subject to AIA’s prevailing rules and regulations, no medical examination is required for a new policy application if the total premium payable for the entire premium payment period for such products (as may be designated by AIA from time to time) does not exceed the requirement per life limit set by AIA.

Remarks:Remarks:

Remarks for AIA Spring Income Plan

  1. The Owner will receive the Guaranteed Annual Income on the next Policy Anniversary after the end of premium payment period until the end of the Income Period.
  2. The accumulated interest rate of Guaranteed Annual Income and annual dividends are non-guaranteed.
  3. This is only applicable to 3-year and 5-year premium payment period. All subsequent guaranteed and non-guaranteed Policy values will be adjusted according to your choice of Income Period.
  4. The fixed Guaranteed Annual Income paid out during the Income Period is referred to as a level mode.
  5. The Guaranteed Annual Income paid out will increase annually during the Income Period is referred to as an increasing mode.
  6. If the Insured passes away on or after the third Policy Anniversary (only applicable to Single Premium) / after the commencement of the Income Period (applicable to 3-year and 5-year premium payment period), the Beneficiary will receive a lump sum of Death Benefit that consists of the unpaid Guaranteed Annual Income, plus any accumulated Guaranteed Annual Income, plus any accumulated non-guaranteed annual dividends and any non-guaranteed maturity dividends, minus any Policy Debt. Alternatively, during the Insured's lifetime, the Owner can opt for the Beneficiary to continue receiving the unpaid Guaranteed Annual Income and any non-guaranteed dividends until the end of the Income Period. If there is any accumulated Guaranteed Annual Income and any accumulated non-guaranteed annual dividends accrued before the death of the Insured, such amount will be paid in a lump sum to the Beneficiary upon the death of the Insured, minus any Policy Debt.
  7. For Single Premium, if the Insured passes away within the first 3 Policy Years, the Beneficiary will receive a lump sum of Death Benefit equal to the Single Premium paid for the basic plan minus any Guaranteed Annual Income already paid, plus accumulated Guaranteed Annual Income and any accumulated non-guaranteed annual dividends, minus any Policy Debt. If the Insured dies due to an Accident within the first 3 Policy Years, the Beneficiary will receive extra 100% of the Single Premium paid. Subject to AIA's prevailing rules and regulations, the payment(s) of Accidental Death Benefit cannot exceed US$1,000,000 / HK$7,500,000 in aggregate per life (calculated in gross and including certain other products issued by AIA with Accidental Death Benefit covering the Insured, and subject further to any aggregate per life sub-limit applicable to those other products).
  8. For 3-year and 5-year premium payment period, if the Insured passes away within the premium payment period, the Beneficiary will receive a lump sum of Death Benefit equal to the Total Premiums Paid for the basic plan and any accumulated non-guaranteed annual dividends, minus any Policy Debt. Total Premiums Paid is the total amount of premiums paid to the Policy calculated on the basis of premiums paid on an annual basis. Total Premiums Paid will not be equivalent to the premiums that you have actually paid if your premium payments are not made on an annual basis. If the Insured dies due to an Accident within the premium payment period, the Beneficiary will receive extra 100% of the Total Premiums Paid. Subject to AIA's prevailing rules and regulations, the payment(s) of Accidental Death Benefit cannot exceed US$1,000,000 / HK$7,500,000 in aggregate per life (calculated in gross and including certain other products issued by AIA with Accidental Death Benefit covering the Insured and subject further to any aggregate per life sub-limit applicable to those other products).

Remarks for AIA RMB Spring Income Plan

  1. AIA reserves the right to close the plan for application without prior notice. Prior to AIA's acceptance of your policy application, AIA reserves the right to amend the interest rate or withdraw the product offer. If you do not agree to the amended terms or if AIA withdraw the product offer, AIA will refund any premium paid in the same amount and currency as originally paid without any interest.
  2. The Owner will receive the Guaranteed Annual Income on the first Policy Anniversary until the end of the Income Period.
  3. The accumulated interest rate of Guaranteed Annual Income and non-guaranteed annual dividends are non-guaranteed.
  4. The benefits of the Policy are paid in RMB or Hong Kong dollars. The conversion is based on the prevailing market-based exchange rate. This Policy is denominated in currency of RMB. If you pay the premium in another currency, the conversion is based on the prevailing market-based exchange rate of that respective currency to RMB, which will subject to change from time to time. Please refer to the Important notes of exchange rates for details. Premium payment in RMB is only applicable to policies issued in Hong Kong.
  5. If the Insured passes away on or after the third Policy Anniversary, the Beneficiary will receive a lump sum of Death Benefit that consists of the unpaid Guaranteed Annual Income, plus any accumulated Guaranteed Annual Income, plus any accumulated non-guaranteed annual dividends and any non-guaranteed maturity dividend. Alternatively, during the Insured's lifetime, the Owner can opt for the Beneficiary to continue receiving the unpaid Guaranteed Annual Income and any non-guaranteed annual dividends until the end of the Income Period. If there is any accumulated Guaranteed Annual Income and any accumulated non-guaranteed annual dividends accrued before the death of the Insured, such amount will be paid in a lump sum to the Beneficiary upon the death of the Insured.
  6. If the Insured passes away within the first 3 Policy Years, the Beneficiary will receive a lump sum of Death Benefit equal to the Single Premium paid for the basic plan minus any Guaranteed Annual Income already paid, plus accumulated Guaranteed Annual Income and any accumulated non-guaranteed annual dividends.
  7. If the Insured passes away due to an Accident within the first 3 Policy Years, the Beneficiary will receive extra 100% of the Single Premium paid. Subject to AIA's prevailing rules and regulations, the payment(s) of Accidental Death Benefit cannot exceed US$1,000,000 in aggregate per life (calculated in gross and including certain other products issued by AIA with Accidental Death Benefit covering the Insured, and subject further to any aggregate per life sub-limit applicable to those other products). If the Policy(ies) was not issued in US dollars, the market-based prevailing currency exchange rate will be used to calculate the above mentioned per life limit.
  8. Guaranteed Internal Rate of Return is calculated based on the guaranteed cash value, Guaranteed Annual Income and the Single Premium paid. Guaranteed Annual Income is assumed to be withdrawn in cash immediately after being distributed.

Important Notes:Important Notes:

Important Notes for AIA Spring Income Plan

  • AIA International Limited ("AIA") is the insurance underwriter of this insurance plan and is solely responsible for all approvals, coverage and compensations of their insurance plans. AIA reserves the final right to approve any policy application. In case the policy application is declined, AIA will make full refund of the actual amount of premium paid by customer without interest. AIA shall assume full responsibility for the contracts of respective insurance plan.
  • The product is a life insurance product issued by AIA. This is a participating policy. The underwriting risks, financial obligations and support functions associated with the policies issued by AIA are its responsibility.
  • Insurance products are products and obligations of AIA and not of Citibank (Hong Kong) Limited.
  • In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between you and Citibank (Hong Kong) Limited out of the selling process of any insurance product by Citibank (Hong Kong) Limited as agent for AIA or the processing of the related transaction, you will enter into a financial dispute resolution scheme process with Citibank (Hong Kong) Limited in accordance with the applicable rules. However any dispute over the contractual terms of the product should be resolved between directly you and AIA.
  • Citibank (Hong Kong) Limited is acting as an insurance agent for AIA and its role is limited to introducing the insurance plans only and Citibank (Hong Kong) Limited shall not be responsible for any matters in relation to the products provided. AIA is not a subsidiary or an affiliate of Citibank (Hong Kong) Limited, Citibank, N.A. or Citigroup Inc.
  • Citibank (Hong Kong) Limited being registered with the Insurance Agents Registration Board established by the Hong Kong Federation of Insurers, acts as an appointed insurance agent for AIA of the above insurance plan.
  • The principal place of business of AIA in Hong Kong: 12/F, AIA Financial Centre, 712 Prince Edward Road East, Kowloon.
  • All insurance applications are subject to AIA's underwriting and acceptance.
  • Unless otherwise specified, insurance products are not bank deposits or obligations of, or guaranteed or insured by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. or any of their affiliates or subsidiaries, or any local governmental agency.
  • The cases presented are not actual and for illustrative purposes only. They are not promise of future Policy performance. The Sales Illustration assumes that the currently illustrated non-guaranteed elements will continue unchanged for all years shown and no policy loan and withdrawal is made during the currency of the Policy. This is not likely to occur and actual results may be more or less favourable than those shown. All non-guaranteed elements are subject to change. No representation is being made that any Policy will or is likely to achieve gain or losses similar to these being shown. Coverage is subject to terms and conditions of the Policy. The Sales Illustration does not form part of the Policy Contract.
  • The accumulated interest rates, annual dividends and maturity dividend (where applicable) are subject to certain market factors etc. Past performance / record is not necessarily indicative of future result. The non-guaranteed elements are subject to change during the currency of the policy. Actual results may be more or less favourable than the illustrated figures.
  • The Plan is an insurance plan with a savings element. Part of the premium(s) will be deducted to satisfy applicable cost, fees and charges.
  • The savings component of the Plan is subject to risks and possible loss. Should you terminate the policy before maturity, you may receive an amount less than the total amount of premiums paid.
  • Applicable fees and charges (including but not limited to Cost of Insurance and premium charge) will be deducted from the policy value, where appropriate.
  • If you are not happy with this insurance plan, you have the right to cancel it within the Cooling-off Period and obtain a refund of any premiums paid provided that you have not made any claims under the policy. A written notice signed by you together with the policy must be received by AIA within the Cooling-off Period (that is, 21 days after the delivery of the policy or the issue of a Notice informing you/ your representative about the availability of the policy and the expiry date of the Cooling-off Period, whichever is earlier). After the expiration of the Cooling-off Period, if you cancel the policy before the policy maturity date as set out in the policy document, the surrender value payable (if any) may be less than the total premiums you have paid.
  • The customer service hotline of AIA is (852) 2232 8808.
  • The policy currency of this plan offers US dollars (USD). For USD, any exchange rate fluctuation will have a direct impact on the amount of premium required and the value of your benefit(s) in Hong Kong dollars term. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Policy owner should pay heed to the presence of the potential currency risks and decide which policy currency s/he should take.
  • All guaranteed elements (if any) and benefits of insurance policy are backed by the claims-paying ability of AIA. Policy guarantees and benefits are not backed by the broker and/or insurance agency selling the policy, or by any of their affiliates, and none of them makes any representation or guarantees regarding the claims-paying ability of AIA. AIA is responsible for its own financial condition and contractual obligations. Policy holders bear the default risk in the event that AIA is unable to satisfy its financial obligations under the insurance policy(ies).
  • The above information is not, and does not form part of, a contract of insurance and is designed to provide an overview of the key features of this product. The precise terms and conditions of this plan are specified in the Policy Contract. Any information and statistics quoted from any external source cannot be interpreted as having adopted or endorsed by AIA as being accurate.
  • The above information should be used with the understanding that AIA and Citibank (Hong Kong) Limited are not rendering legal, accounting or tax advice. You are advised to check with your personal tax advisor for advice relevant to your circumstances.
  • The above information should be read along with the Sales Illustration, which includes additional information and important considerations about this product. You are reminded to review the relevant product materials provided to you and seek your bank financial consultant or independent advice if necessary.
  • For more details and clarification, please call your bank financial consultant or visit AIA website: aia.com.hk.
  • The above information is intended for reference only. Please refer to the Policy Contract of respective products of AIA for detailed terms and conditions.
  • In case of any discrepancy between the English and Chinese versions of this webpage, the English version shall prevail.
  • "AIA" or "AIA International Limited" herein refers to AIA International Limited (Incorporated in Bermuda with limited liability).

Important notes of exchange rates for AIA RMB Spring Income Plan

  • All above-mentioned exchange rate of respective currency to or against RMB, which will subject to change from time to time and is determined by AIA with reference to market-based exchange rates and/or relevant sources at the time of payment processing.
  • The fluctuation in exchange rate may have impact on the actual amount received. Exchange rate of respective currency may fall as well as rise. You are subject to exchange rate risks.
  • Premium payment(s) will be calculated in RMB. Any RMB / HKD exchange rate fluctuation will have direct impact on the amount of premium required and the value of benefit(s) in Hong Kong Dollar terms. RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to certain restrictions. RMB conversion for personal customers is subject to a daily limit. Customers should be aware of the time required for conversions of RMB from/ to another currency of an amount exceeding the daily limit. The actual conversion arrangement will depend on the restrictions and requirements prevailing at the relevant time. Personal RMB service is only applicable to HKID cardholders.

Important Notes for AIA RMB Spring Income Plan

  • AIA International Limited ("AIA") is the insurance underwriter of this insurance plan and is solely responsible for all approvals, coverage and compensations of their insurance plans. AIA reserves the final right to approve any policy application. In case the policy application is declined, AIA will make full refund of the actual amount of premium paid by customer without interest. AIA shall assume full responsibility for the contracts of respective insurance plan.
  • The product is a life insurance product issued by AIA. This is a participating policy. The underwriting risks, financial obligations and support functions associated with the policies issued by AIA are its responsibility.
  • Insurance products are products and obligations of AIA and not of Citibank (Hong Kong) Limited.
  • In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between you and Citibank (Hong Kong) Limited out of the selling process of any insurance product by Citibank (Hong Kong) Limited as agent for AIA or the processing of the related transaction, you will enter into a financial dispute resolution scheme process with Citibank (Hong Kong) Limited in accordance with the applicable rules. However any dispute over the contractual terms of the product should be resolved between directly you and AIA.
  • Citibank (Hong Kong) Limited is acting as an insurance agent for AIA and its role is limited to introducing the insurance plans only and Citibank (Hong Kong) Limited shall not be responsible for any matters in relation to the products provided. AIA is not a subsidiary or an affiliate of Citibank (Hong Kong) Limited, Citibank, N.A. or Citigroup Inc.
  • Citibank (Hong Kong) Limited being registered with the Insurance Agents Registration Board established by the Hong Kong Federation of Insurers, acts as an appointed insurance agent for AIA of the above insurance plan.
  • The principal place of business of AIA in Hong Kong: 12/F, AIA Financial Centre, 712 Prince Edward Road East, Kowloon.
  • All insurance applications are subject to AIA's underwriting and acceptance.
  • Unless otherwise specified, insurance products are not bank deposits or obligations of, or guaranteed or insured by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. or any of their affiliates or subsidiaries, or any local governmental agency.
  • The cases presented are not actual and for illustrative purposes only. They are not promise of future Policy performance. The Sales Illustration assumes that the currently illustrated non-guaranteed elements will continue unchanged for all years shown and no policy loan and withdrawal is made during the currency of the Policy. This is not likely to occur and actual results may be more or less favourable than those shown. All non-guaranteed elements are subject to change. No representation is being made that any Policy will or is likely to achieve gain or losses similar to these being shown. Coverage is subject to terms and conditions of the Policy. The Sales Illustration does not form part of the Policy Contract.
  • The accumulated interest rates, annual dividends and maturity dividend (where applicable) are subject to certain market factors etc. Past performance / record is not necessarily indicative of future result. The non-guaranteed elements are subject to change during the currency of the policy. Actual results may be more or less favourable than the illustrated figures.
  • The Plan is an insurance plan with a savings element. Part of the premium(s) will be deducted to satisfy applicable cost, fees and charges.
  • The savings component of the Plan is subject to risks and possible loss. Should you terminate the policy before maturity, you may receive an amount less than the total amount of premiums paid.
  • Applicable fees and charges (including but not limited to Cost of Insurance and premium charge) will be deducted from the policy value, where appropriate.
  • If you are not happy with this insurance plan, you have the right to cancel it within the Cooling-off Period and obtain a refund of any premiums paid provided that you have not made any claims under the policy. A written notice signed by you together with the policy must be received by AIA within the Cooling-off Period (that is, 21 days after the delivery of the policy or the issue of a Notice informing you/ your representative about the availability of the policy and the expiry date of the Cooling-off Period, whichever is earlier). After the expiration of the Cooling-off Period, if you cancel the policy before the policy maturity date as set out in the policy document, the surrender value payable (if any) may be less than the total premiums you have paid.
  • The customer service hotline of AIA is (852) 2232 8808.
  • All guaranteed elements (if any) and benefits of insurance policy are backed by the claims-paying ability of AIA. Policy guarantees and benefits are not backed by the broker and/or insurance agency selling the policy, or by any of their affiliates, and none of them makes any representation or guarantees regarding the claims-paying ability of AIA. AIA is responsible for its own financial condition and contractual obligations. Policy holders bear the default risk in the event that AIA is unable to satisfy its financial obligations under the insurance policy(ies).
  • The above information is not, and does not form part of, a contract of insurance and is designed to provide an overview of the key features of this product. The precise terms and conditions of this plan are specified in the Policy Contract. Any information and statistics quoted from any external source cannot be interpreted as having adopted or endorsed by AIA as being accurate.
  • The above information should be used with the understanding that AIA and Citibank (Hong Kong) Limited are not rendering legal, accounting or tax advice. You are advised to check with your personal tax advisor for advice relevant to your circumstances.
  • The above information should be read along with the Sales Illustration, which includes additional information and important considerations about this product. You are reminded to review the relevant product materials provided to you and seek your bank financial consultant or independent advice if necessary.
  • For more details and clarification, please call your bank financial consultant or visit AIA website: aia.com.hk.
  • The above information is intended for reference only. Please refer to the Policy Contract of respective products of AIA for detailed terms and conditions.
  • In case of any discrepancy between the English and Chinese versions of this webpage, the English version shall prevail.
  • "AIA" or "AIA International Limited" herein refers to AIA International Limited (Incorporated in Bermuda with limited liability).