WeSave S3 Insurance Plan

Flexible, surrender anytime at no charge

Guarantees an average crediting interest rate of 2.7% p.a.*

Enjoy high returns and flexible withdrawal in one go!

In light of low bank interest rates, how to grow your money with ease? WeSave S3 Insurance Plan (the “Plan”) guarantees an average crediting interest rate of 2.7% p.a.*, with daily guaranteed crediting interest. Fully withdraw your fund and guaranteed return whenever you need with no charge of policy surrender!

 

*“The 2.7% p.a.” refers to the guaranteed average annualized rate of return should the policy be held for its entire five-year benefit term.

High returns and low entry premium

Receive guaranteed returns starting from the day your policy begins and during the entire five-year benefit term. With the Plan, you can enjoy the guaranteed average interest rate of 2.7% p.a.*. Start the Plan with us with an entry premium at as low as USD4,000.

Withdraw your money whenever you need

Unexpected events happen more than you think! With the Plan, you can fully withdraw your funds and guaranteed returns at no charge, even if you surrender your policy before the policy ends.

Hassle-free application

With our simple and easy application process, you can apply for the Plan in as fast as 5 minutes. To complete the application, you can manage your premium payment through online banking, phone banking or ATM.

Want to Know How Your Wealth Increase in Value?

Try our calculator to calculate your return (Policy currency is US Dollar; exchange rate for reference only)

Displayed in HK$
$4,000
$1,000,000
Reference exchange rate: 1.00 US$ = 0 HK$Policy currency is US Dollar,the exchange rate is for reference only

Estimated value in 5 years

End of Policy YearTotal Premiums Paid (US$)Guaranteed Cash Value (US$)

Year End Guaranteed Crediting Interest Rate (p.a)

The table above states your benefit amount with the assumption that all premiums are received by the Company in full. The savings calculator is for illustration only and does not account for the levy to be collected by the Insurance Authority. The Account Value indicated above may differ from the actual benefit amount due to rounding differences.

Key Features and Benefits¹

Key Summary

Key Coverage

Policy Currency

USD

Issue Age

18-65

Policy Benefit Term

5 years

Premium Payment Term

Single payment

Maximum Cover Age

70

Premium Payment Frequency

Single premium

Minimum Premium Amount (per policy)

Single premium: USD 4,000

Maximum Premium Amount (per Life Assured individual)

Single premium: USD 1,000,000
The aggregate premium limit across all WeSave S series policies² is limit to a maximum of USD 1,000,000.

Premium Change

Not applicable

Partial Withdrawal

Not applicable

Guaranteed Crediting Interest Rate (per annum)

Policy year Guaranteed Crediting Interest Rate (p.a.)
1 2.25%
2 2.25%
3 2.50%
4 2.75%
5 3.80%

Fees and charges

No charges

Surrender Benefit

100% of Account Value

Death Benefit

101% of Account Value

Accidental Death Benefit

If the death of the Life Assured individual is caused by an accident, in addition to Death Benefit, an extra 100% of Account Value will be given, subject to a maximum of USD 125,000 per Life Assured under all WeSave S series policies².

What’s so special about the Plan?

What item is not covered?

  • A 2.7% p.a.*return is guaranteed for easy achievement of saving goals.
  • You can surrender your policy at any time and enjoy the interest earned, so you can manage your wealth with more flexibility.
  • If the Life Assured individual commits suicide within the first year of policy, Death Benefit will not be payable, however, 100% of Account Value will be payable.
  • Accidental Death Benefit will not be payable for the Life Assured individual’s participation in semi-professional or professional sport, whether practice, training or competition.

*“The 2.7% p.a.” refers to the guaranteed average annualized rate of return should the policy be held for its entire five-year benefit term.

Plan comparison

WeSave S3 Insurance Plan

Flexible

Features

  • Savings amount up to USD 1 million

  • An average 2.7%* guaranteed annualized rate of return during the 5-year plan

  • Principal and return guaranteed with no early surrender charge

This plan works best for you, if …

  • You have relatively high financial burden (e.g. haven’t paid off mortgage loan, personal loan and debt)

  • You are lack of sufficient funds to deal with emergency needs

VS

WeSave E1 Insurance Plan

High return

Features

  • Savings amount up to USD 1 million

  • A guaranteed annualized rate of return of 3.5%# after the 5-year plan reaches maturity

  • Invest with a single premium payment to get a competitive return after 5 years (Early surrender charges apply)

This plan works best for you, if …

  • You have relatively low financial burden (e.g. paid off mortgage loan, personal loan and debt)

  • You have sufficient funds to deal with emergency needs

  • * “The 2.7% p.a.” refers to the guaranteed average annualized rate of return should the policy be held for its entire five-year benefit term.  

  • #The “3.2% p.a.” refers to the guaranteed annualized rate of return should the policy be held for its entire five-year benefit term. Early surrender charges apply during the first 3 policy years.

Example

Savings amount: USD100,000

End of Policy Year

WeSave S3 Insurance Plan Account Value (USD)

WeSave E1 Insurance Plan Guaranteed Cash Value (USD)

0

100,000

70,000

1

102,250

80,000

2

104,551

90,000

3

107,164

100,000

4

110,111

108,000

5

114,296

118,800

Maturity Return

2.7% average p.a.*, equivalent to a total account value of 114.29%^ of Total Premium Paid upon maturity.

3.5% p.a.#, equivalent to a total guaranteed cash value of 117.1%^ of Total Premium Paid upon maturity.

  • ^ It may differ slightly from the actual percentage due to rounding differences.

  • *“The 2.7% p.a.” refers to the guaranteed average annualized rate of return should the policy be held for its entire five-year benefit term.

  • #The “3.5% p.a.” refers to the guaranteed annualized rate of return should the policy be held for its entire five-year benefit term. Early surrender charges apply during the first 3 policy years.

Frequently Asked Questions
Product Features & Benefits
Policy currency & Premium
Policy Application & Payment
Policy Servicing

This FAQ is provided for reference only and does not constitute any part of the insurance contract. For full terms and conditions and exclusions, please refer to the policy document itself which shall prevail in case of inconsistency. In the event of any discrepancy between the English and Chinese versions, the English version shall prevail. Blue Insurance Limited reserves the right of final approval and decision on all matters.

Other Information