HKMC Annuity Plan product enhancements and promotional offer

HKMC Annuity Limited (HKMCA), a subsidiary of The Hong Kong Mortgage Corporation Limited, has announced the launch of enhancement measures and a promotional offer for the HKMC Annuity Plan. During the promotion period from April 29 to December 31, 2024, customers applying for the Plan can enjoy a 25% increase in monthly annuity payouts for life on the first HK$300,000 premium. Additionally, starting from April 29, 2024, customers can withdraw up to 100% of the remaining premium balance to cover medical-related expenses without any charges, with a maximum lifetime withdrawal limit of HK$1 million. Existing and new policies are eligible for this enhancement measure. Eligible customers can also enjoy up to a 2% premium discount during the promotion period. Mr. Raymond Li, Executive Director of HKMCA, stated that the enhancements and promotional offer aim to provide greater protection and flexibility to customers, ensuring a secured and worry-free retirement. Interested individuals can schedule a sales appointment through the HKMCA website or contact the customer service hotline for further inquiries. Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/04/20240426-3/