FamilyPower Multi-Currency Life Insurance Plan 2

FamilyPower Multi-Currency Life Insurance Plan 2 (“FamilyPower 2” or “the Plan”) is a life insurance plan and is not equivalent or similar to any kind of bank deposit. It is underwritten by Hang Seng Insurance Company Limited (“Hang Seng Insurance”, “the Company”, “we”, “us”, “our”). The policyholder is subject to the credit risk of Hang Seng Insurance and early surrender loss. This product information does not contain the full terms of the Policy and the full terms can be found in the relevant policy document.

FamilyPower Multi-Currency Life Insurance Plan 2

In today’s rapidly changing and uncertain world, we are all facing unprecedented challenges. Parents face new challenges when building wealth and a legacy, they may wish to support their children’s overseas education or even consider moving abroad to pursue an ideal retirement lifestyle. To ensure their loved ones remain well protected against unforeseen circumstances, a flexible and comprehensive wealth strategy has become indispensable.

The Upgraded FamilyPower 2 offers not only flexible arrangements such as currency switch¹, policy split² and regular withdrawal³, but also a range of strengthened protection features. Together, these upgrades provide more holistic support for you and your family, offering peace of mind at every life stage.

Plan Features

Currency Switch Option¹

offers 8 currencies (USD, RMB, HKD, GBP, CAD, AUD, EUR and NZD) for switching

Policy Split Option²

splits into 3 split policies at most to allocate assets

Regular Withdrawal Option³

creates passive income for you or your family

Bespoke Arrangements for Legacy Planning

Seamlessly transfer the Policy from one generation to another by designating a Contingent Owner⁴, an Interim Policyholder⁴, a Contingent Insured⁶, and making unlimited times of Change of Life Insured⁷

Family Accident Benefit⁹

provides extra financial support during the difficult times for you and your family

Death Benefit Settlement Option – Flexible Payment¹¹

enables the transfer of legacy and care to the loved ones upon happening of the defined life event

Learn More

Please visit Hang Seng Bank Website > "Insurance & MPF" > "Retirement / Wealth Accumulation" > "FamilyPower Multi-Currency Life Insurance Plan 2"

Application Offer

Customers can be entitled premium discount for the first year upon successful application for FamilyPower Multi-Currency Life Insurance Plan 2 during the promotion period.

For the Terms and Conditions relating to the first-year premium discount, please click here.

Learn More

Make an appointment

Call 2596 6262

Please visit Hang Seng Bank Website >
"Insurance & MPF" > "Make an eAppointment"

Call 2596 6262

Please refer to the Product Brochure for detailed terms and conditions, risks and exclusions.
Please click here for product Terms and Conditions.

Disclosure of Information
The above information is a product summary of information for reference only. The Plan is intended only for sale in the Hong Kong SAR. It shall not be construed as an offer to sell or solicitation of an offer or recommendation to purchase or sale or provision of any products of Hang Seng Insurance Company Limited. Please refer to the promotion leaflets/flyers and contracts for the important information such as detailed coverage, exact Terms and Conditions and exclusions of the relevant Life Insurance Plan. Please refer to the product brochure for the relevant product risks.

The above Life Insurance Plan is underwritten by Hang Seng Insurance. Hang Seng Insurance is authorised and regulated by the Insurance Authority of the HKSAR. Hang Seng Bank is an insurance agent authorised by Hang Seng Insurance Company Limited and the insurance products are the products of Hang Seng Insurance Company Limited but not Hang Seng Bank. 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 Hang Seng Bank and you out of the selling process or processing of the related insurance product transaction, Hang Seng Bank will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the insurance products should be resolved between Hang Seng Insurance Company Limited and you directly. If you surrender the Policy after the expiry of the cooling-off period, the surrender proceeds to be received may be significantly less than the Total Premiums Paid. Please refer to the illustration summary of this Plan for the projected surrender values.

The benefits and/or returns mentioned throughout this material are not guaranteed and for illustrative purpose only. The actual future amounts of benefits and/or returns may be lower than or higher than the currently quoted benefits and/or returns. The policyholder is subject to the credit risk of "Hang Seng Insurance". If the policyholder discontinues and/or surrenders this policy in early policy years, the amount of benefits you will get back may be considerably less than the total premiums you have paid. All details regarding policy surrender should be referred to the relevant policy provisions.