July 2, 2020, Hong Kong – Chubb Life Hong Kong has won eight awards during 2020 in recognition of its insurance solutions and active contribution to the local community. This includes six awards at the 10th BENCHMARK Wealth Management awards; the “Hong Kong Leaders’ Choice Award 2020” from Metro Finance and; the Hong Kong “Caring Company” award from The Hong Kong Council of Social Service. These accomplishments embody Chubb Life Hong Kong’s determination to continue serving its customers and the community, helping create a better future for all.
The awards recognise Chubb Life Hong Kong’s achievements in prioritizing its customers’ needs and its emphasis on the professional training of its sales team, which resulted in unparalleled products and services for its customers. In particular, 2020 marked the 18th consecutive year that Chubb Life has won the ‘Caring Company’ award, recognising nearly two decades of community contribution.
BENCHMARK named Chubb Life Hong Kong as the “Best-in-Class” in Savings Product and “Outstanding Achiever” in four categories: Critical Illness Product, Compliance Excellence, Human Capital Development and Risk Management. Chubb Life Hong Kong was also awarded the “Outstanding Digital Project Award for its electronics sales tool for agents.
Chubb Platinum Plus Insurance Plan, which was awarded the “Best-In-Class” in the “Savings Product” category, allows flexibility in withdrawals and aims to provide competitive returns that can outpace inflation over the medium to long term. To provide a steady income in customers’ retirement years, they have the option to convert the returns into an annuity stream.
Embrace Care Critical Illness Protector, the product being awarded “Outstanding Achiever” in the “Critical Illness Product” category, is a critical illness plan that provides comprehensive coverage for families. It provided the first-in-market family premium waiver when the product launch. The premium will be waived for up to 36 months if major illness occurs to the spouse, child or parents of the child, relieving the customers’ financial burden through these difficult moments.
Metro Finance recognised Chubb Life for its Qualifying Deferred Annuity Policy “Chubb FlexiLiving Deferred Annuity Plan” as the “Excellent Brand of Deferred Annuity” in the “Hong Kong Leaders’ Choice Award 2020”. To help customers with retirement planning, the product provides great flexibility including the ability to choose from 21 start dates of annuity withdrawal, a premium holiday of up to 2 years, and so on.
Mr. Michael Ho, President of Chubb Life Hong Kong, said, “We are honored to have received these prestigious awards, which recognize Chubb Life Hong Kong’s unending efforts to help customers achieve their goals in every stage of their lives. We are proud to deliver innovative solutions to our customers that cover needs such as critical illness and savings, as well as through a digital platform that creates better communication between agents and customers. Chubb Life Hong Kong is also proud to continue finding ways to develop and grow the talent of our people.”
Mr. Ho added, “Chubb Life Hong Kong will further demonstrate its commitment to employee care and social responsibility, ensuring the individual growth and well-being of our colleagues. We will also continue creating a culture of philanthropy by extending our outreach initiatives to serve more people in need all over Hong Kong.”
About Chubb Life Hong Kong
Chubb Life is the international life insurance division of Chubb. In Asia, Chubb Life operates in Hong Kong SAR, Indonesia, Korea, Myanmar, Taiwan, Thailand and Vietnam, and participates in a joint-venture in China. Chubb Life has been in Hong Kong since 1976. To meet the financial protection and wealth management needs of its broad range of customers, Chubb Life Hong Kong (Chubb Life Insurance Company Ltd.) offers a range of life protection, savings, accident and health insurance solutions through agents and brokers. Additional information can be found at http://life.chubb.com/hk
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 33,000 people worldwide. Additional information can be found at www.chubb.com
Wai Kit Chan
Chief Marketing Officer
Chubb Life Hong Kong
+852 2837 7069