AIA Hong Kong Unveils GlobalFlexi Savings Insurance Plan with 6.5% Return Potential and Unique Features
- EverBright Actuarial
- Jul 20
- 4 min read
AIA Hong Kong has launched the GlobalFlexi Savings Insurance Plan, a versatile savings and insurance product designed for customers seeking long-term wealth accumulation, financial flexibility, and robust risk management. With a projected total internal rate of return (IRR) of up to 6.5% by the end of the 30th policy year, the plan introduces innovative features, including a market-first Health Impairment Option, to address evolving financial and personal needs.
Key Features of the GlobalFlexi Savings Insurance Plan
The GlobalFlexi Savings Insurance Plan combines wealth growth with flexibility, offering policyholders a range of tools to manage their finances effectively. Below are the standout features:
Wealth Accumulation with High Returns: The plan projects a competitive IRR of up to 6.5% by the end of the 30th policy year, with a guaranteed IRR of 3.48% in the worst-case scenario. The projected break-even period can be as short as 7 years, depending on the premium payment method (e.g., 5-year premium payment with an annual premium of US$100,000).
Flexi Withdrawal Option: Policyholders can withdraw policy values regularly starting from the end of the 5th policy year or after the premium payment term, subject to AIA’s approval. This feature enhances liquidity for short-term needs while maintaining long-term growth. Note that withdrawals reduce the policy’s death benefit, surrender value, and sustainability.
Value Safeguard Option: Allows policyholders to transfer a portion of policy values to a Value Safeguard Account, earning non-guaranteed interest. This feature supports near-term financial goals while preserving potential returns.
Health Impairment Option: A pioneering feature in Hong Kong’s savings insurance market, this allows policyholders to designate up to two recipients for benefit payments and ownership transfer if diagnosed with specific conditions like mental incapacity, Apallic Syndrome, or Coma. This ensures financial security for loved ones during critical health events.
Currency Exchange Option: Starting from the end of the 2nd policy year, policyholders can switch among nine currencies (including USD, HKD, and MOP for Macau policies) to diversify assets and hedge against currency risks.
Bonus Lock-in and Unlock Options: Policyholders can lock in bonuses to secure gains or unlock them to capture market opportunities, offering flexible money management.
Policy Split Option: Enables precise wealth management by transferring policy values to a separate policy, available after the 1st policy year or premium payment term.
Educational Support: From July to December 2025, AIA partners with an education consulting firm to provide policyholders with access to overseas study seminars, tutoring services, and financial planning for children’s education, addressing the rising costs of international schooling (often exceeding HK$1 million).
Comparison with Similar Products
To provide context, the GlobalFlexi Savings Insurance Plan is compared with two similar multi-currency savings plans: AIA’s Global Power Multi-Currency Plan 3 and HSBC Life’s Indexed Universal Life Policy. The table below highlights key differences and similarities:
Feature | AIA GlobalFlexi Savings Insurance Plan | AIA Global Power Multi-Currency Plan 3 | HSBC Life Indexed Universal Life Policy |
Projected IRR | Up to 6.5% (30th year) | Up to 7% (100th year) | Not disclosed (linked to gold index) |
Guaranteed IRR | 3.48% (worst-case, 30th year) | 0.32% (USD) / 0.15% (HKD) (100th year) | Not guaranteed |
Break-even Period | As short as 7 years | Not specified | Not specified |
Currency Options | 9 currencies, switch from year 2 | 9 currencies, switch from year 2 | Limited (USD focus) |
Flexi Withdrawal Option | Yes, from year 5 or post-premium term | Yes, from year 3 | Partial withdrawals available |
Health Impairment Option | Yes (market-first, dual recipients) | Mental Incapacity Option only | Not available |
Value Safeguard Option | Yes, with non-guaranteed interest | Not available | Not available |
Premium Payment Terms | Flexible (e.g., 5 years) | 5-year option with lump-sum promotions | Flexible, index-linked |
Educational Support | Yes (seminars, tutoring, Jul-Dec 2025) | Not specified | Not specified |
Unique Feature | Health Impairment Option, Policy Split | 27% first-year premium refund (promo) | Gold index tracking |
Analysis
Returns: The GlobalFlexi plan’s 6.5% projected IRR is slightly lower than the Global Power Multi-Currency Plan 3’s 7% but is measured over a shorter 30-year horizon, making it more achievable for mid-term planners. HSBC’s plan lacks a specific IRR projection, as returns depend on gold index performance, which introduces higher volatility.
Flexibility: GlobalFlexi’s currency switching and withdrawal options are comparable to the Global Power plan but with a later withdrawal start (year 5 vs. year 3). HSBC’s plan offers flexibility through index-linked returns but lacks specialized options like Value Safeguard or Health Impairment.
Innovation: The Health Impairment Option sets GlobalFlexi apart, offering unmatched security for health-related contingencies. The Global Power plan’s Mental Incapacity Option is less comprehensive, and HSBC’s plan does not address health-related ownership transfers.
Educational Support: GlobalFlexi’s partnership for educational services is unique, addressing a growing need given the 30% rise in Hong Kong students seeking overseas education over the past three years.
Recent Feedback and Campaign
Launched on July 8, 2025, the GlobalFlexi Savings Insurance Plan has garnered positive attention, with AIA enlisting Michelle Wai, a seven-time award-winning actress and Rethink Healthy Ambassador, to promote the product.
The campaign, debuted across major Hong Kong platforms like MTR Kai Tak and Sung Wong Toi stations, emphasizes resilience and financial empowerment, resonating with customers. Posts on X highlight the plan’s appeal for long-term wealth growth and flexibility, reflecting strong market interest.
However, potential policyholders should note that actual bonuses and dividends are non-guaranteed, and early termination may result in a surrender value lower than total premiums paid. AIA advises reviewing the product brochure and policy contract for full terms and risks.
Discover EverBright’s expert broker services for group medical, life, and liability insurance. Our licensed Hong Kong brokerage delivers tailored, cost-effective solutions for your business. We can be reached at info@ebactuary.com .
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