(6)(8)HONG KONG, Sept 21, 2026 - (ACN Newswire) - CTF Life today launched Sky Leap 88 Savings Insurance Plan (the “Plan”), a comprehensive wealth management solution integrating wealth accumulation, flexible asset allocation and intergenerational legacy planning. Featuring dual 8% enhancement advantages^, the Plan offers customers greater potential for wealth accumulation and value enhancement. By attaching the “Value Enhance Option”1 and prepaying the basic plan premium in full, customers can enjoy a limited-time first-year premium discount of at least 8% and up to 10%*. The option also enhances the Total Policy Value and shortens both the Guaranteed Breakeven Period and Projected Breakeven Period by one year#, helping customers reach breakeven sooner.
The Plan also incorporates a range of distinctive product features and policy services, including the special-in-market2 8% “Legacy Compassion Benefit”3, “Wealth Accumulation Switching Option”4, “Policy Split Option”5, “Flexible policy value withdrawal arrangements” and “Life Event Option”6. Together, these product features and services help customers accumulate wealth steadily, manage asset allocation and policy value withdrawals, and plan their legacy with greater flexibility, enabling both wealth and care to be passed on to the next generations.
The Financial Services and the Treasury Bureau noted in the Secretary’s Blog that US$83 trillion in private wealth is expected to be transferred across generations globally over the next two to three decades7. As wealth succession today goes beyond asset allocation, CTF Life is launching Sky Leap 88 Savings Insurance Plan to help customers address both wealth accumulation and legacy-planning needs.
Betty Lee, Chief Product Officer of CTF Life, said: “True legacy goes beyond preserving or passing on wealth. It is about entrusting the fruits of years of effort and our aspirations for future generations with confidence and care. That vision inspired the creation of Sky Leap 88. Backed by CTF Life’s prudent dividend philosophy and financial strength, the Plan helps customers balance wealth accumulation and preservation while laying a strong foundation for building a well-structured, long-term legacy roadmap for the generations to come.”
She continued: “We firmly believe a policy proves its true value by consistently delivering on its promises. Even amid market volatility, we pursue long-term wealth growth potential for customers through prudent investment strategy, empowering them to pursue their life goals at every stage with greater confidence through our savings insurance plans. Reflecting this commitment, our three signature product series8 have achieved a 100% or more fulfilment ratio for ten consecutive years9. We also maintained a non-guaranteed accumulation interest rate of 4.25% p.a. on participating USD policies for 14 consecutive years10. These results demonstrate our consistency and reliability in delivering on return commitments to customers over the long term and embody our steadfast commitment to creating value beyond insurance.”
Key features and policy services of the Plan include:
1. “Value Enhance Option”1: By attaching the “Value Enhance Option”1 and prepaying the basic plan premium in full in advance, customers can enjoy a limited-time first-year premium discount of at least 8% and up to 10%*. The Guaranteed Cash Value and Total Policy Value will also be enhanced throughout the policy term. Compared with a policy under the regular premium payment mode without the “Value Enhance Option”1, it shortens both the Guaranteed Breakeven Period and Projected Breakeven Period by one year#, and can achieve a projected internal rate of return of 6.5% by the 20th Policy Year#, helping customers reach guaranteed breakeven sooner.
2. “Wealth Accumulation Switching Option”(4): Starting from the 10th policy anniversary, customers can flexibly choose the value ratio of “Stable Asset Account”11 through three special-in-market2 Switching Options with artisanal design (including “Advance”, “Balanced” and “Conservative”). Customers can match the option to their needs at different life stages, balancing wealth accumulation opportunities with prudent asset management.
3. Multiple innovative legacy planning solutions: Customers can use the “Policy Split Option”5 to allocate a portion of the Units from a basic plan to a separate Split Policy. Combined with other policy services, including unlimited changes of Insured12 with protection period covering until the new Insured reaches age 128, and the “Policy Continuation Option”13 and Policy Custody Value-added Service13, the Plan gives customers flexibility to deploy and plan a comprehensive legacy roadmap.
4. **Special-in-market(2) “Legacy Compassion Benefit”(**3): Following each successful exercise of the “Policy Continuation Option”13, a “Legacy Compassion Benefit”3 will be payable on the next Policy Anniversary falling three years after the relevant policy continuation effective date. The benefit equals 8% of the Guaranteed Cash Value as at the time the option is exercised, adding extra value to intergenerational legacy planning.
5. Flexible policy value withdrawal arrangements: Customers can set up one-time or regular withdrawal instructions for direct payment to designated payee(s)14. Starting from the second policy anniversary, they can withdraw up to 6% of the Total Premiums Paid each year15 until policy maturity, giving them a flexible cash flow to meet diverse needs.
6. **Flexible settlement options for Death Benefit(16) / Full Surrender(**17): Customers can choose to pay the Death Benefit to beneficiaries through a lump-sum payment, regular instalment payments, increasing instalment payments or customised payments. Once the policy has been in force for five years, customers who fully surrender the policy can receive the payment as a lumpsum, or at regular or increasing instalments, tailoring legacy and financial planning to individual and family needs.
7. “Life Event Option”(6:) Customers can combine the option with applicable Death Benefit Settlement Options and predefine lump-sum payments for the Primary Beneficiary(ies) at meaningful life milestones, such as reaching designated ages, marriage, property purchase, diagnosis of a major critical illness, or other life events. CTF Life pays the corresponding amount in a lump sum based on the percentage the Policy Owner predesignates, making protection a thoughtful extension of the Policy Owner’s wishes.
8. **Premium Waiver(**18): If an accident occurs, CTF Life pays the future premiums of the basic plan for the customer, keeping the policy in force while easing the family’s financial burden and protecting the future of their loved ones.
To support the launch, CTF Life will roll out an outdoor advertising campaign from late September at prominent locations, including Hong Kong International Airport, K11 MUSEA, K11 Art Mall and Tsim Sha Tsui East MTR Station. A branded “Sky Leap 88” promotional vehicle will also travel across key districts on Hong Kong Island and Kowloon for one month, showcasing how the Plan combines enhanced wealth accumulation with legacy-planning benefits.
Notes:
Important Notice:
- The information contained in this press release is intended as a general summary of information for reference only. For more details, please refer to relevant product brochures, promotion leaflets, and policy documents. For details regarding the CTF Life Sky Leap 88 Savings Insurance Plan, please refer to the policy contract for details of the full terms and conditions.
- This press release does not contain the full provisions, key product risks, and all exclusions of the Sky Leap 88 Savings Insurance Plan, and the full terms can be found in the Policy documents. The Sky Leap 88 Savings Insurance Plan may serve as a standalone plan(s) without bundling with other type(s) of insurance product. Please refer to the main product brochure and policy terms and conditions, as well as the explanatory documents provided by your licensed insurance intermediary, to fully understand the details and complete terms and conditions regarding the mentioned definitions, fees, product features, exclusions, and compensation payment conditions related to the Sky Leap 88 Savings Insurance Plan.
- Please refer to the product brochure for more information on the Sky Leap 88 Savings Insurance Plan: https://www.ctflife.com.hk/pdf/en/sky-leap-88-savings-insurance-plan-brochure.pdf
- For further details, please contact CTF Life’s Customer Service Hotline on +852 2866 8898.
- This press release is intended to be distributed in Hong Kong only and shall not be construed as an offer to sell or a solicitation to buy or provision of any of our products outside Hong Kong. Chow Tai Fook Life Insurance Company Limited hereby declares that it has no intention to offer to sell, to solicit to buy or to provide any of its products in any jurisdiction other than Hong Kong in which such offer to sell or solicitation to buy or provision of any product of Chow Tai Fook Life Insurance Company Limited is illegal under the laws of that jurisdiction.
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