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RetireFun Deferred Annuity Plan

Get the retirement you deserve

Retirement should be a time to freely pursue all those dreams you’ve put on hold, but it needs an income to match. This plan offers a steady stream of cash for your retirement and we can arrange income flexibility based on your needs.
annuity
retirement income
tax benefits

Available to buy via:

  • FWD agents
  • Insurance brokers
  • Our bank partners
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Steady income when you retire

This plan offers guaranteed monthly annuity payments and non-guaranteed annuity payments. Start receiving income from the plan from as early as age 51. You also have the option to cash-in at age 66 or once all premiums have been paid.
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Tax deduction

Enjoy a tax deduction of up to HK$60,000 per tax assessment year.
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You set the terms for retirement living

We offer flexible options for premium payment terms as well as the annuity start age and annuity period (10 or 20 years).

Interested?

Take a closer look at all the details – and feel free to contact us with any questions.

RetireFun Deferred Annuity Plan (5 years pay/ 10 years annuity period)
Coverage summary
Issue age
19-45
Premium payment term
5 years
Annuity start age/ year
age 51
Annuity period
10 years
Benefit term
16-42 years (depends on issue age)
Minimum annual premium
US$4,800
Tax deductible?
✓
Currency
USD
RetireFun Deferred Annuity Plan (5 years pay/ 10 years annuity period)
Coverage summary
Issue age
46-76
Premium payment term
5 years
Annuity start age/ year
from policy year 6
Annuity period
10 years
Benefit term
15 years
Minimum annual premium
US$4,800
Tax deductible?
✓
Currency
USD
RetireFun Deferred Annuity Plan (5 years pay/ 20 years annuity period)
Coverage summary
Issue age
19-60
Premium payment term
5 years
Annuity start age/ year
age 66
Annuity period
20 years
Benefit term
26-67 years (depends on issue age)
Minimum annual premium
US$4,800
Tax deductible?
✓
Currency
USD
RetireFun Deferred Annuity Plan (5 years pay/ 20 years annuity period)
Coverage summary
Issue age
46-76
Premium payment term
5 years
Annuity start age/ year
from policy year 6
Annuity period
20 years
Benefit term
25 years
Minimum annual premium
US$4,800
Tax deductible?
✓
Currency
USD
RetireFun Deferred Annuity Plan (10 years pay/ 10 years annuity period)
Coverage summary
Issue age
19-40
Premium payment term
10 years
Annuity start age/ year
age 51
Annuity period
10 years
Benefit term
21-42 years (denpends on issuge age)
Minimum annual premium
US$2,400
Tax deductible?
✓
Currency
USD
RetireFun Deferred Annuity Plan (10 years pay/ 10 years annuity period)
Coverage summary
Issue age
41-71
Premium payment term
10 years
Annuity start age/ year
from policy year 11
Annuity period
10 years
Benefit term
20 years
Minimum annual premium
US$2,400
Tax deductible?
✓
Currency
USD
RetireFun Deferred Annuity Plan (10 years pay/ 20 years annuity period)
Coverage summary
Issue age
19-55
Premium payment term
10 years
Annuity start age/ year
age 66
Annuity period
20 years
Benefit term
31-67 years (depends on issue age)
Minimum annual premium
US$2,400
Tax deductible?
✓
Currency
USD
RetireFun Deferred Annuity Plan (10 years pay/ 20 years annuity period)
Coverage summary
Issue age
41-71
Premium payment term
10 years
Annuity start age/ year
from policy year 11
Annuity period
20 years
Benefit term
30 years
Minimum annual premium
US$2,400
Tax deductible?
✓
Currency
USD
Download product brochure

Helpful notes

  • RetireFun Deferred Annuity Plan is a Qualified Deferred Annuity Policy ("QDAP") certified by the Insurance Authority. Further information on tax concessions applicable to QDAP may be found in Inland Revenue Department of Hong Kong’s website at https://www.ird.gov.hk/eng/. FWD does not provide tax advice. In case of any doubt, you should consult professionals for independent tax advice.
  • Age refers to the age of the insured on their next birthday.

The product information here is for reference only and doesn’t contain the full terms and conditions, key product risks and exclusions. For more details and key product risks, please refer to the product brochure. For the exact terms and conditions and a full list of exclusions, please refer to the policy provisions of the plan.


This product is underwritten by FWD Life Insurance Company (Bermuda) Limited ("FWD Life/ FWD"). FWD Financial Limited is an appointed and licensed insurance agency of FWD Life.

Find out more about the product features

Check out the case study

Useful information
FWD’s tax-deductible retirement solution
Historical dividend / bonus information
Dividend / bonus declaration philosophy

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