What is a Universal Life plan?

A Universal Life plan supports estate or business planning through providing lifetime coverage. Universal Life has cash value which accumlates at a rate declared by us, and under which there are two distinctive benefits:

  • Flexibility of premium payment, adjustment of sum assured and access to cash value.
  • Policy charges and crediting interest rate are transparent to the policy owner.

Enjoy stability with growth potential
Wealthassure Universal Life (Hong Kong) gives you the best of both worlds.

On one hand, it provides capital preservation and stable returns to assure your wealth continues to grow to meet your financial objectives.

On the other hand, it offers the flexibility to meet your wealth and lifestyle goals - whether it's in the near term or long term.

As a secure wealth accumulation and protection tool, Wealthassure Universal Life (Hong Kong) is designed to be a complementary part of an overall integrated wealth management plan.

Key features and benefits

  • A 3.50% lock-in crediting interest rate (CIR) per annum for the first 5 policy years – providing surety of returns for customers in a time of market volatility. After the first 5 policy years, the CIR will be annually declared and is guaranteed to never be less than 1.25% per annum.
  • Capital preservation – the quick breakeven point ensures a high level of liquidity and cash value for the customer, all of which are dedicated to and maximised through the accumulating interest earned by the policy.
  • No medical examination required – making it easy to buy.
  • Two premium payment options – the insured can choose to pay the premium either through a single premium payment option or a periodic premium payment option with 5 years of annual payments.
  • Flexible access to cash value – allows access to the policy's cash value through partial withdrawals. Its convenient systematic withdrawal option also enables automatic annual / semi-annual payments from policy year 11 onwards.
  • 101% death benefit – for financial protection and legacy planning, a lump-sum death benefit is provided to beneficiaries.
  • An Insured Exchange Option – allows the insured life to be changed one time during the life of the policy – enabling the policy to adapt to different needs and supporting wealth transfer to the next generation.

Our distribution network allows our business partners including independent brokers to distribute our universal life insurance policies and they can explain all the details about our products to help meet your customers' needs. For enquiries, please click here.

Download Product Summary 

Remarks:
The product details are at all times subject to the terms and conditions of your policy provisions.

Transamerica Life Bermuda Wealthassure Universal Life (Hong Kong) (Policy Form No. UL20 HK in Hong Kong) is a universal life insurance policy underwritten and issued by Transamerica Life (Bermuda) Ltd., a company incorporated in Hamilton, Bermuda. Policies to which these materials relate are only available in Hong Kong.

If the insured person commits suicide within two years from the policy effective date, we will not pay the death benefit. We will only return the premiums you paid for the policy up to that time, less any withdrawals you have made against the policy and any fees and charges associated with those withdrawals.

Enjoy stability with growth potential
Wealthassure Universal Life (Singapore) gives you the best of both worlds.

On one hand, it provides capital preservation and stable returns to assure your wealth continues to grow to meet your financial objectives.

On the other hand, it offers the flexibility to meet your wealth and lifestyle goals - whether it's in the near term or long term.

As a secure wealth accumulation and protection tool, Wealthassure Universal Life (Singapore) is designed to be a complementary part of an overall integrated wealth management plan.

Key features and benefits

  • A 3.50% lock-in crediting interest rate (CIR) per annum for the first 5 policy years – providing surety of returns for customers in a time of market volatility. After the first 5 policy years, the CIR will be annually declared and is guaranteed to never be less than 1.25% per annum.
  • Capital preservation – the quick breakeven point ensures a high level of liquidity and cash value for the customer, all of which are dedicated to and maximised through the accumulating interest earned by the policy.
  • No medical examination required – making it easy to buy.
  • Two premium payment options – the insured can choose to pay the premium either through a single premium payment option or a periodic premium payment option with 5 years of annual payments.
  • Flexible access to cash value – allows access to the policy's cash value through partial withdrawals. Its convenient systematic withdrawal option also enables automatic annual / semi-annual payments from policy year 11 onwards.
  • 101% death benefit – for financial protection and legacy planning, a lump-sum death benefit is provided to beneficiaries.
  • An Insured Exchange Option – allows the insured life to be changed one time during the life of the policy – enabling the policy to adapt to different needs and supporting wealth transfer to the next generation.

Our distribution network allows our business partners including independent brokers to distribute our universal life insurance policies and they can explain all the details about our products to help meet your customers' needs. For enquiries, please click here.

Download Product Summary 

Remarks:
The product details are at all times subject to the terms and conditions of your policy provisions.

Transamerica Life Bermuda Wealthassure Universal Life (Singapore) (Policy Form No. UL20 SG in Singapore) is a universal life insurance policy underwritten and issued by Transamerica Life (Bermuda) Ltd., a company incorporated in Hamilton, Bermuda. Policies to which these materials relate are only available in Singapore.

If the insured person commits suicide within two years from the policy effective date, we will not pay the death benefit. We will only return the premiums you paid for the policy up to that time, less any withdrawals you have made against the policy and any fees and charges associated with those withdrawals.

This policy is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Transamerica Life (Bermuda) Ltd. or or visit the Life Insurance Association of Singapore or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Enjoy stability with growth potential
Wealthassure Universal Life (Bermuda) gives you the best of both worlds.

On one hand, it provides capital preservation and stable returns to assure your wealth continues to grow to meet your financial objectives.

On the other hand, it offers the flexibility to meet your wealth and lifestyle goals - whether it's in the near term or long term.

As a secure wealth accumulation and protection tool, Wealthassure Universal Life (Bermuda) is designed to be a complementary part of an overall integrated wealth management plan.

Key features and benefits

  • A 3.50% lock-in crediting interest rate (CIR) per annum for the first 5 policy years – providing surety of returns for customers in a time of market volatility. After the first 5 policy years, the CIR will be annually declared and is guaranteed to never be less than 1.25% per annum.
  • Capital preservation – the quick breakeven point ensures a high level of liquidity and cash value for the customer, all of which are dedicated to and maximised through the accumulating interest earned by the policy
  • No medical examination required – making it easy to buy
  • Two premium payment options – the insured can choose to pay the premium either through a single premium payment option or a periodic premium payment option with 5 years of annual payments
  • Flexible access to cash value – allows access to the policy's cash value through partial withdrawals. Its convenient systematic withdrawal option also enables automatic annual / semi-annual payments from policy year 11 onwards
  • 101% death benefit – for financial protection and legacy planning, a lump-sum death benefit is provided to beneficiaries.
  • An Insured Exchange Option – allows the insured life to be changed one time during the life of the policy – enabling the policy to adapt to different needs and supporting wealth transfer to the next generation.

Our distribution network allows our business partners including independent brokers to distribute our universal life insurance policies and they can explain all the details about our products to help meet your customers' needs. For enquiries, please click here.

Download Product Summary 

Remarks:
The product details are at all times subject to the terms and conditions of your policy provisions.

Transamerica Life Bermuda Wealthassure Universal Life (Bermuda) (Policy Form No. UL20 BM in Bermuda) is a universal life insurance policy underwritten and issued by Transamerica Life (Bermuda) Ltd., a company incorporated in Hamilton, Bermuda. Policies to which these materials relate are only available in Bermuda.

If the insured person commits suicide within two years from the policy effective date, we will not pay the death benefit. We will only return the premiums you paid for the policy up to that time, less any withdrawals you have made against the policy and any fees and charges associated with those withdrawals.