Axa Hong Kong and Macau (AXA) has launched of the five-year GoalSaver, a non-participating savings plan that helps customers to achieve short-term financial goals with life protection.
It will have “guaranteed returns of up to 4.5%” per annum, upon a short maturity period of five years. The savings plan offers an extra short premium payment term of just two years with an annual premium at $625 (£500, €574).
In the unfortunate event of the death of the insured, a death benefit will be payable to the benefi¬ciary.
Janet Lee, chief life and health insurance officer at Axa Hong Kong and Macau, said: “Amid the current market uncertainty, we understand that it is our customers’ desire to balance their portfolios and lock in stable returns to fulfil different savings targets.
“[It] provides competitive guaranteed returns with extra flexibility, enabling customers to cope with an ever-changing market and build their wealth with ease. It is a testament to Axa’s commitment to putting customers first and matching their needs with our innovative products and services.”
