Special Notice

In response to the latest development of the epidemic in Macau and taking into account the preventive measure and control guidelines and recommendations of the Macau government, in order to avoid crowds, our customer service center at Avenida Doutor Mario Soares No. 320, Finance and IT Center of Macau, 8 Andar A,  will be temporarily suspend from June 21 to July 1. Related external services will be suspended until further notice. If you have any enquiries, please call our customer service hotline 2832 2622 or click the following link: https://corp.yflife.com/en/Contact-Us/ to visit our company website for enquiries. Sorry for any inconvenience caused.

Own the future with a stable stream of income 

MY Deferred Annuity offers you both guaranteed fixed financial rewards and higher potential returns. With its 10/20-year stable annuity income stream, you can start a new chapter in your life with total confidence!

Short Premium Term
Higher Potential Returns
Enjoy annuity with flexibility
Worry-free Protections
Tax Deduction
  • Accumulate a sizeable sum over a short premium payment term of 5/ 10 years
  • No medical examination is required
  • Monthly guaranteed fixed annuity income
  • Monthly non-guaranteed annuity income1

1. The monthly non-guaranteed annuity payment is normally determined annually and the amount may increase or decrease during the annuity period, subject to a number of factors including but not limited to investment performance and surrender experience.

The plan offers various options to empower you with the total freedom to tailor your individual retirement needs:

  • Choice of Accumulation Period: 10, 20 or 30 years
  • Choice of Annuity Period: 10 or 20 years
  • Choice of Monthly Annuity Payment Options: Cash out the monthly annuity payment OR let it accumulate in the policy to gain additional interest income2

2. The annuity payments accumulation interest rate is not guaranteed and shall be determined by the Company from time to time

  • Accident Waiver of Premium Benefit3
  • Death Benefit

3. Applicable if the Insured is aged below 65. In the event that the Insured suffers total disability due to accident for a continuous period of not less than 6 months before the age of 65, all subsequent premium payments will be waived as long as the Insured remains totally disabled, up to US$10,000 per annum (on a per-life basis).

  • The qualifying premiums paid into the MY Deferred Annuity policy are tax deductible4

For details of tax deduction, please visit the website of Inland Revenue Department at https://www.ird.gov.hk

4. The maximum tax deductible limit per taxpayer per year for qualifying annuity premiums and MPF tax deductible voluntary contributions is HK$60,000. Please refer to “Important Information - 3. Tax implication of Qualifying Deferred Annuity Insurance Policy” section in the product brochure for details.

Issue Age (At Last Birthday)
Issue Age (At Last Birthday)

Accumulation Period - 10 Years:
Age 40-70

Accumulation Period - 20 Years:
Age 30-60

Accumulation Period - 30 Years:
Age 20-50

Benefit Term
Benefit Term

Up to the end of the annuity period

Premium Payment Term
Premium Payment Term

5 or 10 years

What is Deferred Annuity?

A deferred annuity is an insurance plan that encourages voluntary retirement savings, and is suitable for those who are still working. You can set your own choice of accumulation period, annuity period, premium payment term as well as payment mode, based on your personal financial needs. By making regular premium payments during the accumulation period, you then receive stable annuity income during the annuity period for a comfortable retirement life.

When taking out a Qualifying Deferred Annuity Policy (QDAP) certified by the Insurance Authority, each taxpayer is allowed to claim a tax deduction for their qualifying premiums up to a maximum limit of HK$60,000 per assessment year, while a tax-paying married couple may allocate tax deductions for qualifying premiums amongst themselves.

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