PRESS RELEASE

AIA Hong Kong Launches “Non-Face-to-Face Purchasing” Arrangement Purchase AIA Deferred Annuity Plan and AIA Voluntary Health Insurance Scheme Anytime, Anywhere

25 February 2020
AIA Hong Kong has rolled out a “Non-Face-to-Face Purchasing” arrangement, in full support of Insurance Authority's temporary facilitative measures introduced in view of the Novel Coronavirus. All existing and new AIA Hong Kong customers can now purchase tax-deductible products – AIA Deferred Annuity Plan and AIA Voluntary Health Insurance Scheme – at home via digital, telephone, postal and video-conference channels. Moreover, from now until 31 March 2020, successful applicants of the AIA Deferred Annuity Plan can enjoy up to 12% refund of its first-year premium; successful applicants of AIA Voluntary Health Insurance Scheme can enjoy up to four months' refund of its first-year premium.

Mr. Peter Crewe, Chief Executive Officer of AIA Hong Kong & Macau said, “We are delighted to announce the launch of a ‘Non-Face-to-Face Purchasing' arrangement to offer customers multiple flexible and convenient channels to purchase AIA Deferred Annuity Plan and AIA Voluntary Health Insurance Scheme to enable them to capture tax deductions before the conclusion of the tax year on 31 March 2020. This further highlights our continued commitment to our customers to assist them to secure suitable protection for themselves and their families to help them live Healthier, Longer, Better Lives.”

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About AIA Hong Kong and AIA Macau
AIA Hong Kong and AIA Macau are subsidiaries of AIA Group Limited. AIA Group Limited established its operations in Hong Kong in 1931. To date, we have over 18,000 AIA financial planners1, as well as an extensive network of brokerage and bancassurance partners. We serve over 3 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, mandatory provident fund, personal lines insurance to investment-linked products with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high net worth customers.
as at September 2019
AIA Hong Kong internal data includes Hong Kong and Macau's individual life, group insurance and mandatory provident fund customers (as at 31 March 2019)
AIA Hong Kong
Ms. Deronie Tan
+852 2881 4413
Bentley Communications Limited
Mr. Ian Li
+852 3960 1905
Appendix:

AIA Voluntary Health Insurance Scheme Promotion Offer
(From 1 January 2020 to 31 March 2020)
Specified AIA Voluntary
Health Insurance Schemes
Premium Refund^
Basic Plan Supplementary Contract*
AIA Voluntary Health Insurance Standard Scheme 3 months 4 months
AIA Voluntary Health Insurance Flexi Scheme
AIA Voluntary Health Insurance Prime Scheme

* Supplementary contracts must be attached to new Specified Basic Plans including Bonus Power Plan 3, Simply Love Encore 2, Simply Love Encore 3, Forever Love Coupon Plan 5 or Protect Elite Ultra 2 Series. The premium refund for the supplementary contracts will not apply to the new Specified Basic Plans.

^ New Policy will entitle to a premium refund equivalent to 1 month of its first year annualised premium at the end of the first and second policy year, and will entitle to the balance of the premium refund at the end of the third policy year.
AIA Deferred Annuity Plan Promotion Offer
(From 1 January 2020 to 31 March 2020 )
Annualised Premium
(US$)
5,000 – less than 10,000 10,000 – less than 15,000 15,000
or above
Premium Refund
Annuity Payment Start Age at Age 50
Upon 1st Policy Anniversary 6%
Upon 2nd Policy Anniversary 6%
Annuity Payment Start Age at Age 55/ 60 / 65 / 70
Upon 1st Policy Anniversary 4% 5%6%
Upon 2nd Policy Anniversary 4% 5%6%
Annualised Premium
(US$)
Premium Refund
Annuity Payment Start Age at Age 50 Annuity Payment Start Age at Age 55/ 60 / 65 / 70
Upon 1st Policy Anniversary Upon 2nd Policy Anniversary Upon 1st Policy Anniversary Upon 2nd Policy Anniversary
5,000 – less than 10,000 6% 6% 4% 4%
10,000 – less than 15,000 5% 5%
15,000 or above 6% 6%

Please visit aia.com.hk for more details.