YF Life Hosts “Road to Studying in the United Kingdom” Seminar

Experienced Education Consultant Samuel Chan Shares Insights on Studying in the UK

August 1, 2022

YF Life Insurance International Ltd. (YF Life) hosted its “Road to Studying in the United Kingdom” Seminar on July 30. Mr. Samuel Chan, a seasoned education consultant, was invited to share his insights with the audience regarding the UK education system of primary and secondary schools, and enumerate the vital things to consider before sending their children to study abroad.

Mr. Chan commenced his presentation with a professional analysis of the UK education system, application procedures, interview requirements, expected fees and costs, and so on. He then enlightened the audience with an expression — "School vs Education" — as an introduction, and highlighted that parents should pick a school based on their children’s personality, character, and interests. He also shared his first-hand experience on how to blend in with British culture in the course of everyday life.

Following this talk, YF Life Branch Manager Mr. Vincent Chan used “VIP Worldwide MediCare” and “Infinity Saver 3” in case studies demonstrating how comprehensive planning can facilitate prudent financial preparation for studying abroad.

The “Road to Studying in the United Kingdom” Seminar ended on a high note thanks to the remarkable and insightful sharing of the speakers.

“VIP Worldwide MediCare” provides comprehensive worldwide medical protection, offering standard private room with lifetime medical coverage of up to HK$70,000,000. In the unfortunate event of hospitalization due to illness or accident, major expenses incurred before, during, and after the in-hospital treatment can be fully reimbursed. In addition, the plan also provides “Cashless Hospitalization Service”, giving customers total peace of mind with no hassles over paying hospital bills and making subsequent claims.

“Infinity Saver 3” incorporates the three core elements of financial planning in one single policy: capital accumulation, retirement planning, and wealth legacy, to meet customers’ and their children’s future needs for further education, starting a new business, or retirement. The plan offers a choice of up to 8 policy currencies, including US Dollar (US$), British Pound (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), Renminbi (RMB), Singapore Dollar (SGD), Hong Kong Dollar (HK$), and Macau Pataca (MOP)¹, all of which can be flexibly changed in the future to best suit the policyholder. The plan not only offers Guaranteed Cash Value, but also non-guaranteed Annual Dividends and Terminal Bonus. With the “snowball effect”, the projected Cash Value continues to accumulate, such that the projected total internal rate of return (IRR) can be as high as 7%². The plan also provides a range of flexible funding arrangements, including a Premium Holiday of up to four years, allowing customers to manage their finances better. To meet the personalized retirement needs of different customers, the plan offers a broad range of 11 lifetime annuity options, which is unique in the market. In addition, customers may opt to transfer the policy ownership/change the Insured unlimited times to grow and share the wealth across the generations.

YF Life Insurance International Limited is a member of publicly listed Yunfeng Financial Group Limited, whose major shareholders include Yunfeng Financial Holdings Limited³ and Massachusetts Mutual Life Insurance Company³, one of the “Five Largest US Mutual Life Insurance Companies”⁴. Leveraging its 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.

Notes:
1.     For policies issued in Macau only.
2.   The projected total internal rate of return is calculated in US Dollar / Renminbi and is non-guaranteed.
3.   Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company have an indirect shareholding in Yunfeng Financial Group Limited.
4.  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.