News

MetLife Hong Kong Launches Brand-new Income Plan

MetLife
Retirement Enricher Income Plan offers monthly retirement income up to age 120

 

HONG KONG, CHINA - Media
OutReach
 - November
30, 2018 -
MetLife Hong Kong* announced the launch of its brand-new
MetLife Retirement Enricher Income Plan, a flexible retirement solution that
offers a steady stream of guaranteed retirement income
up to age 120, along with adaptability and
wealth growth potential.


 

MetLife
Hong Kong announced the launch of its brand-new MetLife Retirement Enricher
Income Plan.
(Left
to right: Eva Wong, Chief Agency Officer, and Vincent
Chan, Head of Product of MetLife Hong Kong)

 

Mr.
Vincent Chan, Head of Product of MetLife Hong Kong, said, "People are now
living longer. While this give us more time to enjoy life after retirement,
outliving retirement funds has become one of the top concerns for people
in Hong Kong. At MetLife Hong Kong, we are committed to constantly delivering
solutions that meet our customers' needs and provide them with greater value.
In view of increasing awareness and the need for early retirement planning, we
have added MetLife Retirement Enricher Income Plan to our retirement product
suite to provide customers the total peace of mind that comes with the plan's
flexibility and guaranteed retirement income."

 

Key features of MetLife
Retirement Enricher Income Plan include:

  • Monthly income up to age 120-- The plan offers monthly income up to age 120. Throughout
    the income period, in addition to the guaranteed monthly income, customers may
    also receive additional, non-guaranteed monthly income.
  • Flexibility to pay at own pace -- Four premium payment periods are available for customers'
    selection: 5, 10, 15 or 20 years. A premium prepayment
    option is available for the 5-year premium payment term.
  • Greater control on retirement planning -- Customers may choose to start receiving the monthly income
    from age 55, 60 or 65. The Plan also allows customers to postpone the start
    date of receiving their monthly income to a later date than planned.
  • Accumulation period for building retirement reserve -- The plan has built-in capability to grow the retirement
    reserve with guaranteed cash value and wealth growth potential with a terminal
    dividend (non-guaranteed).

 

Ms.
Eva Wong, Chief Agency Officer of MetLife Hong Kong, said, "With a flexible and
comprehensive retirement income plan, even small amounts set aside today can go
a long way towards funding comfortable retirement. By offering a comprehensive
suite of customer-oriented retirement planning and protection solutions,
complemented by the expertise of our proficient financial planners, MetLife
Hong Kong is dedicated to empowering our customers to take simple but effective
steps towards planning for fruitful retirement."

 

MetLife
Retirement Enricher Income Plan is available for customers aged 18 to 55. From
now till December 31, 2018, customers who successfully apply for MetLife
Retirement Enricher Income Plan can enjoy a premium discount of up to one month#.

 

For further details about MetLife Retirement Enricher
Income Plan, please visit:
www.metlife.com.hk/en/customer/retirementenricher

# Terms
and conditions apply. For further details, please refer to the relevant
promotion leaflet.

 

The above information is intended for
reference only. Please refer to the relevant Policy Provisions of
MetLife Retirement Enricher Income Plan for definitions,
detailed terms, conditions and exclusions.

 

About
MetLife

MetLife, Inc. (NYSE: MET), through its
subsidiaries and affiliates ("MetLife"), is one of the world's leading
financial services companies, providing insurance, annuities, employee benefits
and asset management to help its individual and institutional customers
navigate their changing world. Founded in 1868, MetLife has operations in more
than 40 countries and holds leading market positions in the United States,
Japan, Latin America, Asia, Europe and the Middle East. For more information,
visit
www.metlife.com.

 

* MetLife Limited and Metropolitan Life Insurance
Company of Hong Kong Limited (collectively "MetLife Hong Kong") are
wholly-owned subsidiaries of MetLife, Inc. in Hong Kong and private companies
limited by shares incorporated and registered under the applicable laws in Hong
Kong. Both MetLife Limited and Metropolitan Life Insurance Company of Hong Kong
Limited are authorized insurers carrying long term business in Hong Kong.

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