Important information

• 128 Planner*, Asset Planner*, Future Planner*, Growth Planner*, Life Planner*, Supreme Planner* and Wealth Planner* are investment-linked assurance schemes (individually, the “ILAS policy”; and collectively, the “ILAS policies”), which are life insurance policies issued by Zurich Assurance Ltd (“Zurich”).
• It is not a bank savings product. Your investments are subject to the credit risks of Zurich and other investment risks. Although your ILAS policy is a life insurance policy, the policy value is linked to the performance of the corresponding underlying funds of the investment choices as selected by you from time to time, and are subject to investment risks and market fluctuation. The policy value and benefits payable may be significantly less than your premiums paid and may not be sufficient for your individual needs.
• What you are investing in is an ILAS policy. The premium paid by you towards the ILAS policy, and any investments made by Zurich in the underlying funds, will become and remain part of the assets of Zurich. You do not have any rights or ownership over any of those assets. Your recourse is against Zurich only.
• The premiums received from you will be invested by Zurich into the underlying funds corresponding to the investment choices as selected by you for our asset liability management. However, unit(s) allocated to your ILAS policy is notional and is solely for the purpose of determining the policy value and benefits of your ILAS policy.
• Your potential return on investment is calculated and determined by Zurich with reference to the performance of your selected underlying funds. Besides, your potential return shall be subject to ongoing fees and charges which will continue to be deducted from the ILAS policy; hence, it may be lower than the return of the corresponding underlying funds. Each of the underlying funds has its own investment profile and associated risks. The underlying funds available for your selection are listed in the investment choices brochure. These underlying funds are authorized by the Securities and Futures Commission pursuant to the Code on Unit Trusts and Mutual Funds. The Securities and Futures Commission’s authorization is not a recommendation or endorsement of an underlying fund nor does it guarantee the commercial merits of an underlying fund or its performance. It does not mean the underlying fund is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
• The investment choices available under the ILAS policies can have very different features and risk profiles. Some may be of high risk. Corresponding underlying funds of some investment choices are derivative funds where the net derivative exposure may be exceeding 50% or even more than 100% of its net asset value. They may only be suitable for investors who understand the complicated structure of derivative products and their associate risk. You may incur significant loss if you invest in such investment choices. You are strongly advised to exercise caution in relation to such investment choices. For details of the investment choices, please refer to the offering documents of the ILAS policies and the offering documents of the underlying funds.
• More importantly, investors of 128 Planner*, Future Planner*, Growth Planner*, Life Planner* and Supreme Planner* should be aware of the following regarding your death benefit and the cost of insurance (“insurance charges”):
  • Part of the fees and charges you pay that will be deducted from the value of your ILAS policy will be used to cover the cost of insurance for the life coverage.
  • The cost of insurance will reduce the amount that may be applied towards investment in the underlying funds selected.
  • The cost of insurance may increase significantly during the term of your ILAS policy due to factors such as age and investment losses, etc. This may result in significant or even total loss of your premiums paid.
  • If the value of your ILAS policy becomes insufficient to cover all the ongoing fees and charges, including the cost of insurance, causing the total account value to fall to zero, your ILAS policy may be terminated early and you could lose all your premiums paid and any benefits.
  • You should consult your licensed insurance intermediary for details, such as how the cost of insurance may increase and could impact the value of your ILAS policy.
• These ILAS policies are designed to be held for a long-term period. Early termination, partial surrender, full surrender, partial withdrawal, regular withdrawal, policy suspension, exercising premium holiday or reduction in regular premium of your ILAS policy may result in a significant loss of your investment and premiums paid as well as bonuses awarded (if applicable). Poor performance of the underlying funds may further magnify the investment losses while all fees and charges are still deductible.
• Investment involves risk. You should not purchase this ILAS policy unless you understand it and your licensed insurance intermediary has explained to you how it is suitable for you. The final decision is yours.
• You should not invest based on the information in this website only. You should read the offering documents of the ILAS policy and the underlying funds, which can be obtained from your licensed insurance intermediary or Zurich upon request free of charge, for details.

* These ILAS policies are not available for new application and cannot continue to be marketed to the public in Hong Kong.

This website is issued by Zurich.

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