Tailor-made Wealth Planning Solution For You
Wealth Succession
Retirement Planning Risk Diversification
Appointed Insurance Agency
Underwritten by
1 The information and the hypothetical cases stated in this document are for reference only. You should seek advice from your professional financial consultants given or based on your particular financial needs and experience, or other personal or family situations. For the key features of the insurance product, please refer to the product brochure. For the detailed and complete terms and conditions of the insurance product, please refer to the policy provisions. In case of any discrepancy between this material and the policy provisions, the policy provisions shall prevail. June 2014. Issued by FWD Life Insurance Company (Bermuda) Limited.
Hypothetical Case I
I. Wealth Succession
The Wong Couple operate their family enterprise with total asset of US$10M accumulated from their hard work over decades. They have two sons: the elder son is actively engaged in the business operation whereas the younger son has no interest in it. Mr. Wong has the intention to pass the business to the elder son but doesn’t want to sell part of the business to the younger son. In this case, a well-structured insurance plan will help to build a solid foundation for wealth succession . US$5M
Total value of the company
US$10M Total Asset
US$1M
Premium for a policy with a sum insured of US$5M
US$5M
Value of your business inherited by the elder son
After Mr. Wong passes away
US$5M
Inherited by the younger son through insurance proceeds
US$4M
Your retirement expense
A good financial planning ensures the smooth succession of your family wealth for generations. Appointed Insurance Agency
Underwritten by
2 The information and the hypothetical cases stated in this document are for reference only. You should seek advice from your professional financial consultants given or based on your particular financial needs and experience, or other personal or family situations. For the key features of the insurance product, please refer to the product brochure. For the detailed and complete terms and conditions of the insurance product, please refer to the policy provisions. In case of any discrepancy between this material and the policy provisions, the policy provisions shall prevail. June 2014. Issued by FWD Life Insurance Company (Bermuda) Limited.
II. Risk Diversification
Hypothetical Case II
The Zhang couple have inherited the estate from their parents and invested in different areas. Their total asset value is about US$10M. Their only daughter is the apple of their eyes and is still studying. Mr. Zhang knows that the risk diversification is very important. Thus he decides to buy a policy with a sum insured of US$5M using US$1M cash.
US$10M Total Asset
US$40M Cash
US$40M Real Easte
US$20M Stock
Transfer US$10M
US$10M
Premium for an insurance policy with a sum insured of US$5M
After Mr. Zhang passes away
US$50M
Inherited by the daughter through insurance proceeds
You can’t put all eggs in one basket. Insurance policies can help to diversify risk of asset. Appointed Insurance Agency
Underwritten by
3 The information and the hypothetical cases stated in this document are for reference only. You should seek advice from your professional financial consultants given or based on your particular financial needs and experience, or other personal or family situations. For the key features of the insurance product, please refer to the product brochure. For the detailed and complete terms and conditions of the insurance product, please refer to the policy provisions. In case of any discrepancy between this material and the policy provisions, the policy provisions shall prevail. June 2014. Issued by FWD Life Insurance Company (Bermuda) Limited.
III. Retirement Planner
Hypothetical Case III
The Lee couple are in their 50’s. They have accumulated reasonable wealth through half of life-time’s hard work. Their son and daughter have grown up and won their own business. How should they plan their life after retirement? The couple have decided to leave US$4M for their living after retirement and US$3M for each of the child.
Existing Retirement Plan US$4M
US$10M Total Asset
Retirement Expense of the Couple
US$3M
Inherited by the son
US$3M
How to enjoy a better life after retirement without changing the inheritance of the children? Appointed Insurance Agency
Inherited by the daughter Underwritten by
4 The information and the hypothetical cases stated in this document are for reference only. You should seek advice from your professional financial consultants given or based on your particular financial needs and experience, or other personal or family situations. For the key features of the insurance product, please refer to the product brochure. For the detailed and complete terms and conditions of the insurance product, please refer to the policy provisions. In case of any discrepancy between this material and the policy provisions, the policy provisions shall prevail. June 2014. Issued by FWD Life Insurance Company (Bermuda) Limited.
Hypothetical Case III
III. Retirement Planner
Mr. Lee has known from the financial planning consultant that through purchasing an insurance plan, Mr. Lee could enlarge the reserve for retirement and easily enjoy a more comfortable life after retirement, without changing the inheritance plan for the children.
New Retirement Plan through a life insurance policy US$8M
US$10M Total Asset
Retirement expense for the couple
US$2M
Insurance Premium for aforpolicy with a US$2M Premium a policy sum insured of US$6M US$6M After Mr. Lee passes away
A professional financial planning will help you to realize a more enjoyable life after retirement.
Appointed Insurance Agency
The expense is enlarged and the Lee couple could use the expense for overseas vacation, purchase of new properties or invest in grandchildren’s education.
US$3M
Insurance proceeds inherited by the son
US$3M
Insurance proceeds inherited by the daughter Underwritten by
5 The information and the hypothetical cases stated in this document are for reference only. You should seek advice from your professional financial consultants given or based on your particular financial needs and experience, or other personal or family situations. For the key features of the insurance product, please refer to the product brochure. For the detailed and complete terms and conditions of the insurance product, please refer to the policy provisions. In case of any discrepancy between this material and the policy provisions, the policy provisions shall prevail. June 2014. Issued by FWD Life Insurance Company (Bermuda) Limited.
Global Fortune
Your personal wealth planning solution
Click here for more information
Welcome to browse the product information by clicking the hyperlink of “Products” under “Insurance Product Service Area” to know and learn other or more product details of FWD. To know more about wealth management solutions or insurance products, please visit Bank of Communications Co., Ltd Hong Kong Branch or their subbranches and their Private Banking Center to get in touch with the financial services/wealth planning managers. Important Declarations: Global Fortune (the “Plan”) is underwritten by FWD Life Insurance Company (Bermuda) Limited (“FWD”). Bank of Communications Co., Ltd. Hong Kong Branch (“Bank of Communications, HK Branch”) is an appointed insurance agent of FWD. Application of the Plan and all benefits payable under the Plan are subject to the credit risk of FWD.) The Plan is an insurance product. It is not the savings deposit or time deposit of Bank of Communications, HK Branch. It is not protected deposit under the Deposit Protection Scheme in Hong Kong. All selling and application procedures of the Plan must be conducted and completed in Hong Kong Special Administration Region (HKSAR). FWD reserves the right to accept or decline any application. This document is issued by FWD and is intended to be distributed in Hong Kong only. It shall not be construed as an offer to promote, sell or solicitation to buy or provision of any insurance products of FWD outside HKSAR. The law governing the policy of the Plan is the laws of HKSAR. Appointed Insurance Agency Underwritten by
6 The information and the hypothetical cases stated in this document are for reference only. You should seek advice from your professional financial consultants given or based on your particular financial needs and experience, or other personal or family situations. For the key features of the insurance product, please refer to the product brochure. For the detailed and complete terms and conditions of the insurance product, please refer to the policy provisions. In case of any discrepancy between this material and the policy provisions, the policy provisions shall prevail. June 2014. Issued by FWD Life Insurance Company (Bermuda) Limited.
Disclaimer This document is for reference only and should not be used as suggestions to purchase or use any product or service. This document aims to provide readers information on insurance, financial planning. While FWD uses reasonable efforts to ensure the information is accurate, but FWD (including its affiliates and any directors or employees of FWD/its affiliates) makes no warranties or representations as to the accuracy, or completeness of any of the information. Users should carefully evaluate the Information and seek independent legal advice for any legal enquiries. FWD (including its affiliates and any directors or employees of FWD /its affiliates) assumes no liability or responsibility for any errors or omissions in the content of this material. FWD (including its affiliates and any directors or employees of FWD/ its affiliates) shall not be liable for any direct, incidental, consequential, indirect or punitive damages arising out of access to, use of or inability to use this material, or any errors or omissions in the content of this material.
Appointed Insurance Agency
Underwritten by
7 The information and the hypothetical cases stated in this document are for reference only. You should seek advice from your professional financial consultants given or based on your particular financial needs and experience, or other personal or family situations. For the key features of the insurance product, please refer to the product brochure. For the detailed and complete terms and conditions of the insurance product, please refer to the policy provisions. In case of any discrepancy between this material and the policy provisions, the policy provisions shall prevail. June 2014. Issued by FWD Life Insurance Company (Bermuda) Limited.
