... and your personal needs. 4. Look at the fulfillment ratio The fulfillment ratio applies only to products with non-guaranteed payouts, which are often affected by factors such as the insurer’s investment returns, claims experience and profits. The annuity income offered...

... a fair proportion, if not all, of the non-guaranteed part of the illustrated http://www.hkma.gov.hk/media/eng/doc/key-information/guidelines-and-circular/2014/20141208e2.pdf 3 benefits. It is the duty of the Controller, the Appointed Actuary and the Board to ensure that such policyholders...

... End of Policy Year Total Premiums Paid Surrender Value Guaranteed Non-Guaranteed Total Accumulated Dividends and Interest...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

..., annuity income and income period. Three focus points in annuity proposals Annuity income from annuities o�ered by the private sector usually comprises both "guaranteed" and "non-guaranteed" income. As the name suggests, non-guaranteed income is not guaranteed, and is often a�ected by factors such as the...

... policies, which allow policyholders to receive non-guaranteed dividends or bonuses from the insurer. The savings element in endowment insurance is greater than that in whole life insurance. Coverage period Fixed term or lifetime Death benefits The amount of the death benefit is affected by the account...

... calculated based on minimum guaranteed crediting interest rate, maximum scale of charges and exclude non-guaranteed bonus (if any). / [Figures under Conservative Basis are not guaranteed and are calculated based on minimum guaranteed crediting interest rate / crediting interest rate of 0% p.a., maximum...

... 2014. In tandem with the issuance of GL16, the IA issued a guide in September 2015 to prescribe a clear and uniform methodology to calculate and disclose fulfillment ratios of the non-guaranteed dividends for participating products, and historical crediting interest rates for universal life...