VIP Banking V Connection

Main Features^2,3 of the Plan

• Long-term savings & growth potential to enjoy Guaranteed Cash Value and non-guaranteed bonuses.
• Freely change your policy currency and accumulate wealth in USD, CAD, GBP, RMB, AUD, HKD, assisting you in planning for living abroad and have the flexible Overseas Transfer Service for accessing your withdrawals overseas, enabling policy owners to access and transfer the policy withdrawals to their own overseas bank account.
• Comprehensive legacy planning features including policy split option, six death benefit settlement options, apply change of insured option and change of coverage option as many times as you need, enabling you to pass on your wealth seamlessly to the next generation with greater flexibility and peace of mind.
• Lock-in your policy values so that you can enjoy greater certainty over potential gains by exercising the Value Lock-in Option to transfer a portion of the value of your policy into your Value Lock-in Account.
• Mental incapacity safety net where you can appoint a family member as the Mental Incapacity Benefit Recipient so he or she can file a claim on your behalf and receive the Mental Incapacity Benefit if you are diagnosed as a Mentally Incapacitated Person.
• Premium relief features⁴ to ease your financial burdens during challenging periods by deferring or waiving future premiums if mishap happens.

Remarks:

1. SunJoy Global is a life insurance plan with savings elements and is not a bank deposit nor a bank savings plan with free life insurance coverage. It is underwritten by Sun Life Hong Kong Limited (Incorporated in Bermuda with limited liability) and distributed by Dah Sing Bank, Limited. The information above is only a brief description of the insurance product and does not contain the full terms of the policy which can be found in the relevant policy contract and may subject to designated conditions. Before applying for an insurance plan, please read and understand the client campaign leaflet and be aware of relevant credit risk.
2. Any request for exercising the Policy Split Option, Currency Change Option, Value Lock-in Option, Change of Insured Option or change of policy owner is subject to the prescribed condition set out in the policy provisions being fulfilled, the then current administrative rules, underwriting rules, any other requirements and the approval of Sun Life HK.
3. For more details of the product features, please refer to the relevant product brochure.
4. Premium relief features are applicable for 5-pay policies only.

Notes:

One of the policy currencies for SunJoy Global is RMB. The value of RMB is subject to the fluctuation of its exchange rate. There may be exchange rate loss suffered by you due to such fluctuation if you convert RMB into other currencies (including Hong Kong Dollars).

RMB is currently not completely freely convertible. You can be offered to conduct conversion of RMB by Dah Sing Bank, Limited using offshore rates and may occasionally not be able to do so fully or immediately as it is subject to the RMB position and market conditions at that time. You should understand and consider the possible impact on the liquidity of RMB funds. The exchange rate for the offshore RMB market in Hong Kong may be at a premium or discount when compared to the onshore market in the People's Republic of China and there may be significant bid and offer spreads.

Dah Sing Bank, Limited (the "Bank"), registered as a licensed insurance agency (Insurance Intermediary License No: FA3022), is the authorized licensed insurance agency of Sun Life Hong Kong Limited (incorporated in Bermuda with limited liability) ("Sun Life HK") and distributes insurance products for Sun Life HK. The life insurance products distributed by our Bank are underwritten by Sun Life HK and are products of Sun Life HK but not the Bank. Life insurance products are not bank deposits nor bank saving plans with free life insurance coverage.

The above information is for reference only and does not contain the full terms of the relevant products. It is intended to be published in Hong Kong only. It shall not be construed as an offer, solicitation or recommendation to provide or sell or a solicitation to purchase any insurance plans. You should choose relevant insurance products according to your own or actual needs and your financial affordability. Please read, fully understand and accept the terms and conditions, policy coverage, policy exclusions, premium, key product risks, important notes, policy dividend (if applicable), investment policy (if applicable) etc. stated in the relevant documents and policy contract before applying for any insurance plans. For more details of the product features including the risk disclosure, please refer to product brochure.

Please refer to a sample policy contract, which will be provided upon request by Sun Life HK, for details including definitions, full terms and conditions, and exclusions. Sun Life HK is solely responsible for all coverage and compensation, and reserves the right of final approval of the relevant insurance plan. Policyholders are subject to the credit risk of Sun Life HK. If policyholder discontinues and / or surrenders the relevant insurance plan in the early policy years, the amount of the benefits the policyholder will get back (if any) may be considerably less than the amount of the premium the policyholder has paid. The past, current, projected and / or potential benefits and / or returns (e.g. bonuses, non-guaranteed coupons, interests) are not guaranteed and are for illustrative purposes only. The actual future amounts of benefits and / or returns may be lower than or higher than the currently quoted benefits and / or returns. If there is any conflict between the policy contract and this email, the policy contract shall prevail.

In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and the customer out of the selling process or processing of the related transaction, the Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer.