A prudent solution that will pass your substantial accumulated wealth from generation to generation, building enough momentum to bring your dreams to life. Venus is a participating insurance plan that offers potential long-term wealth growth with just one single payment of premium at the start of the plan. With Venus, your wealth will have the chance to multiply before passing simply and efficiently to the next generation, without incurring transaction costs.
From now until September 30, 2020, you may enjoy a 2.5% premium discount on Single Premium paid if you successfully apply for Venus.
The above offer is subject to terms and conditions, please refer to the promotion leaflet for details.
- The Change of Coverage Option and Change of Insured Option are subject to the prescribed conditions set out in the policy provisions are fulfilled. Please refer to sample policy provisions for details.
- Reversionary Bonus and Terminal Bonus are non-guaranteed and are subject to change from time to time at Sun Life’s sole discretion. They may vary based on the performance of a number of experience factors, with the investment return normally being the main determinant. Other factors include, but not limited to, claim experience, policy expenses, taxes, and policy owner termination experience.
- If you opt to withdraw the cash value of the accumulated Reversionary Bonus, the accumulated Reversionary Bonus and the long-term value of the policy will be reduced accordingly.
- Simplified underwriting will be required if the total Notional Amount per insured’s life is more than USD2,000,000. The application process is subject to the then current administrative rules.
The above information is a product summary only, please contact your Advisor for details. Please refer to the product brochure and sample Policy Document for details including definitions and full terms and conditions including key product risks. If there is any conflict between the Policy Document and this product summary, the Policy Document shall prevail.
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