Insurance giant Axa has rolled out the FortuneXtra Savings Plan in Hong Kong and Macau to “help customers seize currency potentials and accelerate wealth building”, the company said.
Axa said that the product will have four “notable” features, including:
- Meeting global citizen lifestyle and maximising wealth accumulation advantage with nine policy currency options;
- Flexibility to meet changing needs with free currency conversion in whole or in part;
- Dual currency accounts to capture gains and accumulate interest; and
- Unlimited number of changes to the holder of policy.
Kevin Chor, chief life and health insurance officer at Axa Hong Kong and Macau, said: ” Many people are looking for flexible saving vehicles with good returns to help them fulfil their changing needs in different life stages, such as wealth accumulation, preparation for an education fund, legacy planning, overseas property investments and retirement planning.”