YF Life Achieves Outstanding Results in the iMONEY Wealth Management Awards 2024

Winning "Best Annuity Product" for 7 Consecutive years and "Most Popular Critical Illness Insurance Product" for 5 Consecutive Years

March 19, 2025

YF Life Insurance International Limited (YF Life) has once again been honored with two accolades in the iMONEY Wealth Management Awards this year for its high-quality insurance solutions. It has retained the title of "Best Annuity Product" for 7 consecutive years and received the "Most Popular Critical Illness Insurance Product" award for 5 consecutive years. These accolades affirm YF Life's products are highly recognized in the market.

Ms. Jasmine Hui, Chief Proposition Officer at YF Life, stated: "Winning the 'Best Annuity Product' and 'Most Popular Critical Illness Insurance Product' awards again is a significant recognition of our ongoing efforts to enhance product quality. In the current volatile market environment, YF Life remains committed to the approach of “customer-first and people-centric approach”, staying attuned to market trends, and continuously optimizing products to actively meet customer needs. The ‘Prosperous Infinity Saver' offers reliable protection for customers' retirement with its flexible design and diverse features. And the 'YF PrimeHealth Pro (Signature) / YF PrimeHealth Pro Jr. Care', developed in response to the growing demand for health coverage among customers in recent years, is an advanced critical illness protection solution. Its protection and support build a strong safety net for customers. Looking ahead, YF Life will continue to strive for excellence, optimizing its products and providing more professional services to support our customers' wealth and health needs at various stages of life."

Designed to meet the diverse financial needs of customers, the award-winning 'Prosperous Infinity Saver' offers stable growth and high potential returns, providing flexibility to adapt to changing circumstances. The product has been well received by the market since its launch. This plan offers several flexible asset allocation options, including 12 lifetime annuity options and policy-split option. A total of up to 10 policy currency options are offered. Policy owners can switch their policy currency to another of their choice starting from the first policy anniversary. The Bonus Lock-in Option enables the policy owner to transfer the latest cash value of their non-guaranteed Reversionary Bonus and non-guaranteed Terminal Bonus into a Bonus Lock-in Account from the 10th policy anniversary or the Premium Expiry Date, whichever is later, to earn interest at a non-guaranteed rate. On the other hand, the Bonus Unlock Option allows policy owners to transfer part or all of the value in the Locked-in account back to non-guaranteed Reversionary Bonus and non-guaranteed Terminal Bonus one year after exercising the Bonus Lock-in Option, providing flexibility to adapt their strategy as needed.

The winning product 'YF PrimeHealth Pro (Signature) / YF PrimeHealth Pro Jr. Care' covers 33 types of severe child diseases, 149 major critical illnesses, early-stage diseases, carcinoma-in-situ/early stage cancers, providing customers with multiple protections and support. This plan provides an assessment allowance for Attention-Deficit Hyperactivity Disorder and Seamless Coverage Restoration and Advance Payout Option for Cancer, which are unique in the market¹. Furthermore, it features a market-first¹ Rare Diseases Extra Benefit. If diagnosed with a specified rare disease, such as Amyotrophic Lateral Sclerosis (ALS), clients can receive an extra benefit equivalent to 10% of the Basic Sum Insured.

The “iMONEY Wealth Management Awards”, launched by iMoney Magazine, aims to identify and recognise enterprises that have demonstrated excellence in product innovation, professional services, and sustainable development in wealth management sector. Over 10 awards were presented for 2024, the winners being selected by a professional panel.

Remarks:

1. Based on comparable plans from major insurance companies in the Hong Kong and Macau markets as of June 1, 2024.

2. 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. The terms and conditions of the policy shall prevail. The product information in this press release does not contain the complete terms of the product, which are set out in the policy documents. 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 plan. For inquiries, please contact our customer service hotline: (852) 2533 5555/ (853) 2832 2622. This press release is intended for distribution in Hong Kong and Macau only and should not be construed as an offer or solicitation to sell or promote any YF Life products outside Hong Kong and Macau.

3. The Information contained in this press release is not sufficient to form the basis of any decisions to purchase any insurance products. You should carry out your own research and/or seek independent advice from licensed intermediaries before purchasing any insurance products or making any insurance decisions.