Product Features
Ø Guaranteed yearly benefit until age 100
Ø Different premium terms
Ø Annual dividend payment
Ø Terminal dividend payment
Ø Life insurance coverage until age 100
Ø Simple application process
Guaranteed yearly benefit until age 100
The Plan distributes a Guaranteed Cash Coupon1，equivalent to 6% of the sum insured yearly from the 2nd policy anniversary until the insured reaches the age of 100, provided the policy remains in force and the insured is alive. You may withdraw the Coupon1 as needed or allow it to accumulate interest2within the policy.
Different premium terms3 for your selection
We provide the option to choose between 5-year and 8-year terms. Once the sum insured is determined, the premium remains the same throughout the premium term.
Annual dividend payment4
The Plan pays an Annual Dividend4 (if any) to boost your yearly income. You can withdraw the Dividend4(if any) or leave it to accumulate interest4within the policy.
Terminal dividend payment4
A Terminal Dividend4 (if any) is payable upon the policy’s maturity, or on the policy’s surrender or the insured’s death, but only if the surrender or death occurs on or after the 7th policy anniversary (subject to premium term).
Life insurance coverage until age 100
The Plan also offers life insurance coverage until the insured reaches the age of 100 and will pay the Death Benefit6to the designated beneficiary if the insured dies within the policy term.
Simple application process
A medical examination is not required for application.
This promotional material is for reference only and does not include the complete policy provisions contained in the policy documents. It shall not be construed as an offer, a solicitation or a recommendation to provide, sell or persuade the purchase of any product of LFH Life outside Macao. For details (including terms, conditions, exclusions, and policy costs and fees) of the Plan and the optional benefits (if any), please refer to the policy documents issued by LFH Life. For enquiries, please contact your professional financial adviser or call LFH Life’s customer hotline on 28700883.
The Policy Owner is subject to the credit risk of LFH Life. If the Policy Owner discontinues and/or surrenders the insurance plan during the early years of the policy, the benefit they receive may be considerably lower than the amount of premiums they have paid.
LFH Life reserves the right to decide whether to accept or reject any application for the Plan and its optional benefits (if any) according to the information provided by the proposed insured and the applicant at the time of application.
Exchange rate and currency risk disclosure: you will be exposed to exchange rate risk if you pay your premiums in a non-local currency. The exchange rate may fluctuate from time to time due to a variety of factors, which may lead to financial losses on your part. The changes in the exchange rate could result in the subsequent premiums payable (if any) being higher than the first premium. You should consider the exchange rate risk before deciding on the currency to use for premium payment.
The Policy Owner shall pay the premium on time during the premium term. Failure to pay the required amount by the end of the grace period (if applicable) designated by LFH Life may result in lapse or termination of the policy. Nevertheless, it is subject to the automatic premium loan (if applicable) (LFH Life will advance the premium due from the non-forfeiture value as an automatic premium loan) and non-forfeiture provisions (if applicable). If the policy is terminated or lapsed due to non-payment of the premium, the Policy Owner may receive a surrender value lower than the total premiums paid and lose the insurance protection provided by the policy.
LFH Life will terminate the policy before the maturity date if any one of the following events occur:
(i) The insured passes away;
(ii) LFH Life approves the Policy Owner’s written request for surrender;
(iii) The policy lapses after the end of the grace period;
(iv) The non-forfeiture value is zero (if applicable);
(v) The total amount of the benefits LFH Life has paid or is going to pay has reached the maximum benefit limit for all coverages under the policy (if applicable)
The actual inflation rate may be higher than expected, therefore, the real value of the amount you receive may be lower.
The incontestability clause applies only to the Death Benefit under the policy. Except for non-payment of premiums or fraud, the validity of the policy shall become incontestable after it has been in force for two years during the insured’s lifetime, starting from the policy issue date or the policy reinstatement date, whichever is later. For the avoidance of doubt, LFH Life reserves the right to void the entire policy according to the provisions related to fraud, misrepresentation or non-disclosure of material facts, or as otherwise permitted by the law, without being constrained by the incontestability clause.
This policy is issued based on the age, gender or other factual details of the insured as specified in the policy schedule. Subject to LFH Life’s rights in the case of fraud, if the age, gender or other factual details of the insured have been misstated, the premiums payable and all benefits provided by this policy will be recalculated based on the premiums paid and the benefits entitled according to the correct age, gender and other factual details of the insured. If there is an overpayment of any premium resulting from the insured overstating their age or misstating their gender, LFH Life will refund the excess portion accordingly. LFH Life may exercise the absolute discretion to terminate the policy upon discovering the insured’s correct age, gender and/or other factual details that would have rendered them ineligible for the policy, and is solely liable for a refund of the paid premiums (without interest). The Policy Owner shall provide statements and answers that are completely truthful and accurate to the best of their knowledge and belief. In case of any fraud, misrepresentation, or non-disclosure of any material fact in the insurance application (if any) or the declaration upon which this policy is based, or concerning any other matter affecting this policy or LFH Life’s risk, or in connection with the making of any claim under this policy, LFH Life has the sole and absolute discretion to void this policy, and all claims hereunder shall be forfeited. Any premium paid by the Policy Owner in these circumstances, except for cases involving fraud, shall be refundable.
The Policy Owner has the right, by providing written notice, to request the cancellation of the policy and a refund of any premium paid as well as the stamp duty and/or any fee, which will be adjusted to account for any difference (if applicable) caused by fluctuations in the exchange rate, that were collected by LFH Life according to relevant requirements on behalf of the government or the regulators (including, but not limited to, the Monetary Authority of Macao). The Policy Owner shall sign the notice and ensure its direct receipt by LFH Life’s principal office at Alameda Dr. Carlos D'Assumpcao, No. 398, Edificio CNAC, 4º Andar, Macau within the 21 calendar days from the delivery of the policy or the issuance of a Notice to the Policy Owner or their representative, whichever occurs earlier. The Policy Owner understands that LFH Life will notify the Policy Owner of the Cooling-off Period via the Notice. If the last day of the Cooling-off Period as indicated in the Notice is not a working day, it will fall on the next working day.
The Policy Owner shall provide statements and answers that are completely truthful and accurate to the best of their knowledge and belief. In case of any fraud, misrepresentation, or non-disclosure of any material fact in the insurance application (if any) or the declaration upon which this policy is based, concerning any other matter affecting this policy or LFH Life’s risk, or in connection with the making of any claim under this policy, LFH Life has complete and absolute discretion to void this policy, and all claims hereunder shall be forfeited. Any premium(s) paid by the Policy Owner in these circumstances, except for cases involving fraud, will be refundable.
Under normal circumstances, LFH Life’s key investment markets include, but are not limited to, North America, Europe, and Asia. The allocation of assets supporting the policies under the Plan is as follows:
| Percentage |
Fixed income instruments or interest-bearing securities (including, but not limited to, government bonds, enterprise bonds and time deposits) | 60% - 80% |
Growth Assets (including, but not limited to, equity investment and mutual funds) | 20% - 40% |
To achieve its long-term investment goal, LFH Life, at its absolute discretion, reserves the right to adjust the aforementioned asset allocation when there are significant changes in market outlook and conditions, or to engage in other financial arrangements including, but not limited to, reinsurance arrangements. If the currency used to value the assets is different from the policy currency, LFH Life may use derivatives to manage the impact of currency risk.
For the latest investment strategies, please visit LFH Life's website at life.luenfunghang.com。
For LFH Life’s Dividend Philosophy and Fulfilment Ratio, please visit life.luenfunghang.com/DividendPolicy Please note that past dividend performance is not indicative of future results.
Luen Fung Hang Life Limited
Alameda Dr. Carlos D'Assumpcao, No. 398, Edificio CNAC, 4º Andar, Macau
Tel. no.: (853) 2870 0883
Fax no.: (853) 2870 0881
Alameda Dr. Carlos D'Assumpcao, No. 398, Edificio CNAC, 4 Andar, Macau 
(853) 2870 0883 
