YF Life Launches All New Tax Deductible “MY Deferred Annuity 2”
Enjoy up to 20% Discount on First-year Premium

July 6, 2022

Ever since its launch, “MY Deferred Annuity” by YF Life Insurance International Ltd. (YF Life) has received constant acclaim from customers. To further cater to market needs, YF Life has now launched its brand-new MY Deferred Annuity 2, as a means of enabling customers to plan ahead for their future retirement. The plan is a Qualifying Deferred Annuity Policy certified by the Insurance Authority, offering annuity payment and a wide range of flexible options. Qualifying premiums paid are also tax deductible.

Ms. Jasmine Hui, Head of Product Strategy and Pricing at YF Life, said, “Retirement is a path that all working people have to walk along, and as long as you plan early, you can enjoy the golden years of life to the full. In light of this, we are launching the brand-new MY Deferred Annuity 2. The plan not only provides a stable stream of monthly guaranteed fixed annuity payment, but also monthly non-guaranteed annuity payment, with competitive potential returns. We have also specially launched a limited-time offer so that customers can enjoy up to 20% first-year premium discount upon successful application1 while the qualifying premiums paid are tax deductible.” 

MY Deferred Annuity 2 is an insurance plan that encourages voluntary retirement savings. The plan offers guaranteed fixed financial rewards and higher potential returns enabling customers to enjoy 10/20-year stable annuity payment stream. The premium-payment term can be as short as 5-year or 10-year, with no requirement for a medical examination. The plan also offers various flexible options, including a choice of 10, 20, or 30 years of accumulation period, and 10 or 20 years of annuity period, as well as a choice of receiving a monthly guaranteed fixed annuity payment and monthly non-guaranteed annuity payment, or accumulating the annuity payment in the policy to gain additional interest income for future income during the annuity period. MY Deferred Annuity 2 also offers “Accident Waiver of Premium Benefit”. Qualifying premiums paid are tax deductible, up to HK$60,000 per year.

Following its launch, from now until September 30, upon successful application for MY Deferred Annuity 2, customers will enjoy up to 20% first-year premium discount1.

YF Life Insurance International Limited is a member of publicly listed Yunfeng Financial Group Limited, whose major shareholders include Yunfeng Financial Holdings Limited2 and Massachusetts Mutual Life Insurance Company2, one of the “Five Largest US Mutual Life Insurance Companies”3. Leveraging our robust financial background and solid reliability, YF Life is committed to helping customers “own the future” by providing professional and technology-enhanced one-stop risk- and wealth-management consulting services, as well as MPF services.

For more details about MY Deferred Annuity 2 and the promotions, please visit www.yflife.com or scan the QR codes.

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1.    Subject to relevant terms and conditions.
2.    Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company have an indirect shareholding in Yunfeng Financial Group Limited.
3.    The “Five Largest US Mutual Life Insurance Companies” is ranked according to the results of “Insurance: Life, Health (Mutual)” on total revenues for 2021, and based on the FORTUNE 500 as published on May 23, 2022.

YF Life launches the brand new “MY Deferred Annuity 2”. Successful applicants will enjoy up to 20% first-year premium discount.

YF Life launches the brand new “MY Deferred Annuity 2”. Successful applicants will enjoy up to 20% first-year premium discount.

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