Pension (Life Annuity, Par)

This is a participating retirement annuity plan paying monthly to age 99 from the policy anniversary immediately following the selected payout age of 60, 55, 50, or 45.

Benefits:

- Death benefit :

• before annuity payment： refund max(110% premium paid, 100%SA)
• during annuity payments : refund max(110% premium paid – sum of annuity received, 100%SA)

- Annuity due benefit: monthly cash payment of 1%SA from the year of policy after the selected payout age to age 99 if alive.

- Maturity:100%SA upon attain age 99

- Total and Permanent Disability(TPD):waiver of premium upon TPD incurred before age 60 and on continuous disability.

(This is a marketing material for purpose of information only. Please refer to the contract provisions for the exact terms and conditions. )