1According to the data from Italian National Association of Insurance Companies (ANIA) as of 31 Mar 2021, the gross premium income of Assicurazioni Generali S.p.A. (‘Generali’) is the highest in Italy.
ZA Bank Limited (with business name as ‘ZA Bank’) is licensed by the Insurance Authority as a licensed insurance agency in Hong Kong and is appointed by Generali Life (Hong Kong) Limited (‘Generali Hong Kong’) to promote and distribute its insurance products. Generali Hong Kong is part of Generali Group.
Generali joins hands with ZA Bank, being the game changer to transform the centuries-old insurance industry. From unborn to retired, we got it all covered!
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Italy & Hong Kong No.1s!
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Terms & conditions apply.
1. Please refer to the promotional flyer for the premium discount details.
2. Unlimited Major Critical Illness Benefits includes cancer, stroke & heart attack, and it is subject to waiting periods and terms and conditions.
3. Assuming a taxpayer is entitled to a 17% tax rate and a maximum deduction of $60,000 per year. The tax rate is subject to change. For more information, please visit the Inland Revenue Department website at www.ird.gov.hk.
4. Based on 21 - 25 years of premium payment term. During the lifetime of the insured, while all the premiums due are fully paid and the policy is still in force at the end of the benefit term. Indebtedness (if any) shall be deducted from the payment of Premium Refund Benefit.
5. The total IRR includes the guaranteed cash value and non-guaranteed bonus, and on the basis of a total annual premium payment of USD 240,000 for 2 years, full payment of premium at maturity and no prepayment or loan on the premium.
Important Notes from the insurance agent and the insurer
1. ZA Bank Limited (with business name as “ZA Bank”) is licensed by the Insurance Authority as a licensed insurance agency in Hong Kong and is appointed by Generali Life (Hong Kong) Limited (“Generali”) to promote and distribute its insurance products. Insurance products recommendation and subsequent sales process will be handled by Generali. ZA Bank will not be involved in the sales process and will not be responsible for the features and protection offered under the insurance products underwritten by Generali.
2. In respect of an eligible dispute (as defined in the Terms of Reference of the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between ZA Bank and you out of the premium payment process for the sales of Generali’s insurance products, ZA Bank will enter into a Financial Dispute Resolution Scheme process with you. Any disputes over the insurance product’s sales process between you and Generali and/or Generali Insurance Advisor and/or contractual terms of the insurance products should be resolved between Generali and you directly.
3. LionHarvest Pro Deferred Annuity, Z-Retire Pro Insurance, Z-Save Pro Insurance, and Z-Protect Pro Insurance are long-term participating life insurance plans with a savings element underwritten by Generali. These products are neither a bank deposit nor a bank savings plan and is intended for sale in the jurisdiction of Hong Kong SAR only. Part of the premium pays for the insurance and related costs. The savings element is reflected in the cash value of the policy, which includes guaranteed value and non-guaranteed value. These products are aimed at customers who are able to and willing to pay the premiums for the whole of the premium payment term. As a result, you are advised to have sufficient funds to cover for future premium payments. These products are designed for individuals who look for long-term savings and are not suitable for people looking for short-term gains.
4. Z-Life Pro Insurance is a long-term life insurance plan with a savings element underwritten by Generali. The product is neither a bank deposit nor a bank savings plan and is intended for sale in the jurisdiction of Hong Kong SAR only. Part of the premium pays for the insurance and related costs. The savings element is reflected in the premium refund benefit payable at the end of the policy term. The product is aimed at customers who are able to and willing to pay the premiums for the whole of the premium payment term. As a result, you are advised to have sufficient funds to cover for future premium payments.
5. All insurance applications are subject to Generali’s underwriting and acceptance. Generali is solely responsible for all approvals, coverage, compensations, and policy maintenance in connection with its insurance products.
6. ZA Bank and Generali will not render you any legal, accounting or tax advice. You are advised to check with your own professional advisor for advice relevant to your circumstance.
7. Policyholders are subject to the credit risk of Generali. Any premiums you paid would become part of Generali’s assets. You do not have any rights or ownership over those assets, and your recourse is against Generali only. Generali’s financial strength may affect its ability to meet the ongoing obligations under the insurance policy.
8. If you discontinue and/or surrender LionHarvest Pro Deferred Annuity, Z-Retire Pro Insurance, Z-Save Pro Insurance and/or Z-Protect Pro Insurance in their early years by sending a written request to Generali, the amount of the benefit you will get back may be considerably less than the amount of the premium you have paid. You should refer to the illustration(s) for a detailed understanding of the projected surrender value(s). You may request to surrender Z-Life Pro Insurance by sending a written request to Generali during the policy term. However, the premium paid will not be refunded (except during cooling-off period) and there is no surrender benefit in the policy, so you may suffer a significant loss.
9. Please read the product brochure and other product materials carefully to understand if the product(s) meets your needs and circumstances. You should read the illustration and policy provisions for terms and conditions of the product(s) before proceeding with the application.
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1According to the data from Italian National Association of Insurance Companies (ANIA) as of 31 Mar 2021, the gross premium income of Assicurazioni Generali S.p.A. (‘Generali’) is the highest in Italy.
ZA Bank Limited (with business name as ‘ZA Bank’) is licensed by the Insurance Authority as a licensed insurance agency in Hong Kong and is appointed by Generali Life (Hong Kong) Limited (‘Generali Hong Kong’) to promote and distribute its insurance products. Generali Hong Kong is part of Generali Group.
.png)
Generali joins hands with ZA Bank, being the game changer to transform the centuries-old insurance industry. From unborn to retired, we got it all covered!
Italy & Hong Kong No.1s!
Terms & conditions apply.
1. Please refer to the promotional flyer for the premium discount details.
2. Unlimited Major Critical Illness Benefits includes cancer, stroke & heart attack, and it is subject to waiting periods and terms and conditions.
3. Assuming a taxpayer is entitled to a 17% tax rate and a maximum deduction of $60,000 per year. The tax rate is subject to change. For more information, please visit the Inland Revenue Department website at www.ird.gov.hk.
4. Based on 21 - 25 years of premium payment term. During the lifetime of the insured, while all the premiums due are fully paid and the policy is still in force at the end of the benefit term. Indebtedness (if any) shall be deducted from the payment of Premium Refund Benefit.
5. The total IRR includes the guaranteed cash value and non-guaranteed bonus, and on the basis of a total annual premium payment of USD 240,000 for 2 years, full payment of premium at maturity and no prepayment or loan on the premium.
Important Notes from the insurance agent and the insurer
1. ZA Bank Limited (with business name as “ZA Bank”) is licensed by the Insurance Authority as a licensed insurance agency in Hong Kong and is appointed by Generali Life (Hong Kong) Limited (“Generali”) to promote and distribute its insurance products. Insurance products recommendation and subsequent sales process will be handled by Generali. ZA Bank will not be involved in the sales process and will not be responsible for the features and protection offered under the insurance products underwritten by Generali.
2. In respect of an eligible dispute (as defined in the Terms of Reference of the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between ZA Bank and you out of the premium payment process for the sales of Generali’s insurance products, ZA Bank will enter into a Financial Dispute Resolution Scheme process with you. Any disputes over the insurance product’s sales process between you and Generali and/or Generali Insurance Advisor and/or contractual terms of the insurance products should be resolved between Generali and you directly.
3. LionHarvest Pro Deferred Annuity, Z-Retire Pro Insurance, Z-Save Pro Insurance, and Z-Protect Pro Insurance are long-term participating life insurance plans with a savings element underwritten by Generali. These products are neither a bank deposit nor a bank savings plan and is intended for sale in the jurisdiction of Hong Kong SAR only. Part of the premium pays for the insurance and related costs. The savings element is reflected in the cash value of the policy, which includes guaranteed value and non-guaranteed value. These products are aimed at customers who are able to and willing to pay the premiums for the whole of the premium payment term. As a result, you are advised to have sufficient funds to cover for future premium payments. These products are designed for individuals who look for long-term savings and are not suitable for people looking for short-term gains.
4. Z-Life Pro Insurance is a long-term life insurance plan with a savings element underwritten by Generali. The product is neither a bank deposit nor a bank savings plan and is intended for sale in the jurisdiction of Hong Kong SAR only. Part of the premium pays for the insurance and related costs. The savings element is reflected in the premium refund benefit payable at the end of the policy term. The product is aimed at customers who are able to and willing to pay the premiums for the whole of the premium payment term. As a result, you are advised to have sufficient funds to cover for future premium payments.
5. All insurance applications are subject to Generali’s underwriting and acceptance. Generali is solely responsible for all approvals, coverage, compensations, and policy maintenance in connection with its insurance products.
6. ZA Bank and Generali will not render you any legal, accounting or tax advice. You are advised to check with your own professional advisor for advice relevant to your circumstance.
7. Policyholders are subject to the credit risk of Generali. Any premiums you paid would become part of Generali’s assets. You do not have any rights or ownership over those assets, and your recourse is against Generali only. Generali’s financial strength may affect its ability to meet the ongoing obligations under the insurance policy.
8. If you discontinue and/or surrender LionHarvest Pro Deferred Annuity, Z-Retire Pro Insurance, Z-Save Pro Insurance and/or Z-Protect Pro Insurance in their early years by sending a written request to Generali, the amount of the benefit you will get back may be considerably less than the amount of the premium you have paid. You should refer to the illustration(s) for a detailed understanding of the projected surrender value(s). You may request to surrender Z-Life Pro Insurance by sending a written request to Generali during the policy term. However, the premium paid will not be refunded (except during cooling-off period) and there is no surrender benefit in the policy, so you may suffer a significant loss.
9. Please read the product brochure and other product materials carefully to understand if the product(s) meets your needs and circumstances. You should read the illustration and policy provisions for terms and conditions of the product(s) before proceeding with the application.
1According to the data from Italian National Association of Insurance Companies (ANIA) as of 31 Mar 2021, the gross premium income of Assicurazioni Generali S.p.A. (‘Generali’) is the highest in Italy.
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The above is for reference only. Please visit the relevant product page if you want to know more. Remember to consider your own needs and circumstance when choosing insurance products.
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