News Releases

Chubb Life Launches Forever Diamond Plus with Guaranteed Cash Coupon up till Age 120
Mar 9, 2017

Hong Kong – Chubb Life, the global life insurance division of Chubb, today announced the launch of Forever Diamond Plus (the“Plan”) in Hong Kong. It is a life insurance plan with savings element that offers annual Guaranteed Cash Coupon and non-guaranteed dividends. The Guaranteed Cash Coupon is equal to 7.5% of the latest notional amount for the first five policy anniversaries and 5% of the latest notional amount from the sixth policy anniversary until age 120 of the insured. With a 5-year premium payment term, the Plan may help customers generate potential returns and achieve long-term financial goals. 

Apart from maintaining the Guaranteed Cash Coupons and non-guaranteed dividends in the policy for interest accumulation, customers could enjoy the flexibility to withdraw the Guaranteed Cash Coupons and the non-guaranteed dividends (if any) to fulfill various financial needs without surrendering the policy nor affecting the death benefit. On top of the life protection up to age 120 of the insured, the Plan offers the Terminal Illness Benefit, giving customers and their families a peace of mind in the event of terminal illness. 

The benefits of Forever Diamond Plus:

  • Stable returns to realize your dream
    • A Guaranteed Cash Coupon will be paid every year commencing from the 1st policy anniversary. It is equivalent to 7.5% of the latest notional amount* for the first five policy anniversaries and 5% of the latest notional amount from the 6th policy anniversary until age 120 of the insured.
    • A guaranteed cash value and non-guaranteed dividends are provided.

* The notional amount is used for the calculation of the premium of the Forever Diamond Plus, Guaranteed Cash Coupon and other relevant policy values only. It is irrelevant to the death benefit payable upon death of the insured.

  • Flexible cash withdrawal to meet your needs
    • Customers can opt to withdraw the Guaranteed Cash Coupons and the non-guaranteed dividends (if any), or leave them in the policy for interest accumulation.
  • Life protection up to age 120
    • The Plan provides life protection up to age 120 of the insured.
    • On top of the death benefit, at the death of the insured, the sum of any accumulated Guaranteed Cash Coupons and interest and any accumulated dividends and interest will be paid.
  • Terminal Illness Benefit
    • If the insured is diagnosed with a terminal illness and has a life expectancy of six months or less, the policyowner can apply for the Terminal Illness Benefit.
    • Once the Terminal Illness Benefit has been fully paid, the policy will be terminated.
    • Please refer to the product brochure and relevant policy documents for detailed application requirements.
  • Easy application without medical examination
    • Easy application without medical examination if the total notional amount of all the policies of Forever Diamond Plus of each insured does not exceed the limit set by the Company, which may vary from time to time.
  • Riders for extra protection
    • A wide range of riders attachable to the Plan to meet customers' specific needs at different life stages.

Ben Ng, Chief Marketing Officer of Chubb Life in Hong Kong, said,“Chubb Life strives to help our customers attain their financial goals and fulfill their dreams. Given the low interest rate environment, we understand that customers are seeking relatively low-risk life insurance products with saving elements that can help them achieve their financial and protection goals, and at the same time, offer a certain degree of flexibility. Therefore, we are launching the new Forever Diamond Plus with life protection until age 120 and attractive annual returns. It is relatively suitable for customers who are looking for life protection and want to achieve long-term wealth accumulation goals such as children's education fund, retirement savings and legacy planning.”

Customer promotion

From now until April 28, 2017, customers who successfully apply for Forever Diamond Plus can enjoy a half-month premium waiver offer. Please refer to the relevant flyer for detailed information and conditions.


This press release is for general reference only and is not part of the policy. It provides an overview of the key features of the product and should be read along with other materials which cover additional information about the product. Such materials include, but not limited to, product brochure that contains key product risks, policy provisions that contain exact terms and conditions, benefit illustrations (if any) and other policy documents and other relevant marketing materials, which are all available upon request. You might also consider seeking independent professional advice if needed.

This news release is intended to be published in Hong Kong and shall not be constructed as an offer to sell or solicitation to buy or provision of any products outside Hong Kong.


About Chubb Life in Hong Kong

Chubb Life is the global life insurance division of Chubb, the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, 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. Chubb Limited, the parent company of Chubb Group, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb's core operating insurance companies are rated AA for financial strength by Standard & Poor's and A++ by A.M. Best. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.

With both general and life insurance operations, Chubb has been present in Hong Kong for more than 90 years, via acquisitions by its predecessor companies. To meet the financial protection and security needs of its broad range of customers in Hong Kong, Chubb Life in Hong Kong (Chubb Life Insurance Company Ltd.) offers a comprehensive array of quality life and medical insurance products and services.

More information can be found at


Media Contacts

Bonny Ching
Associate Director, Corporate Communications & Marketing
Chubb Life Insurance Company Ltd.
+852 2837 7095

Sarah Tam
Head of Communications
Chubb Life
+852 2185 0207