Winning "Best Annuity Product" for 7 Consecutive years and "Most Popular Critical Illness Insurance Product" for 5 Consecutive Years
March 19, 2025
YF Life Insurance International Limited (YF Life) has once again been honored with two accolades in the iMONEY Wealth Management Awards this year for its high-quality insurance solutions. It has retained the title of "Best Annuity Product" for 7 consecutive years and received the "Most Popular Critical Illness Insurance Product" award for 5 consecutive years. These accolades affirm YF Life's products are highly recognized in the market.
Ms. Jasmine Hui, Chief Proposition Officer at YF Life, stated: "Winning the 'Best Annuity Product' and 'Most Popular Critical Illness Insurance Product' awards again is a significant recognition of our ongoing efforts to enhance product quality. In the current volatile market environment, YF Life remains committed to the approach of “customer-first and people-centric approach”, staying attuned to market trends, and continuously optimizing products to actively meet customer needs. The ‘Prosperous Infinity Saver' offers reliable protection for customers' retirement with its flexible design and diverse features. And the 'YF PrimeHealth Pro (Signature) / YF PrimeHealth Pro Jr. Care', developed in response to the growing demand for health coverage among customers in recent years, is an advanced critical illness protection solution. Its protection and support build a strong safety net for customers. Looking ahead, YF Life will continue to strive for excellence, optimizing its products and providing more professional services to support our customers' wealth and health needs at various stages of life."
Designed to meet the diverse financial needs of customers, the award-winning 'Prosperous Infinity Saver' offers stable growth and high potential returns, providing flexibility to adapt to changing circumstances. The product has been well received by the market since its launch. This plan offers several flexible asset allocation options, including 12 lifetime annuity options and policy-split option. A total of up to 10 policy currency options are offered. Policy owners can switch their policy currency to another of their choice starting from the first policy anniversary. The Bonus Lock-in Option enables the policy owner to transfer the latest cash value of their non-guaranteed Reversionary Bonus and non-guaranteed Terminal Bonus into a Bonus Lock-in Account from the 10th policy anniversary or the Premium Expiry Date, whichever is later, to earn interest at a non-guaranteed rate. On the other hand, the Bonus Unlock Option allows policy owners to transfer part or all of the value in the Locked-in account back to non-guaranteed Reversionary Bonus and non-guaranteed Terminal Bonus one year after exercising the Bonus Lock-in Option, providing flexibility to adapt their strategy as needed.
The winning product 'YF PrimeHealth Pro (Signature) / YF PrimeHealth Pro Jr. Care' covers 33 types of severe child diseases, 149 major critical illnesses, early-stage diseases, carcinoma-in-situ/early stage cancers, providing customers with multiple protections and support. This plan provides an assessment allowance for Attention-Deficit Hyperactivity Disorder and Seamless Coverage Restoration and Advance Payout Option for Cancer, which are unique in the market1. Furthermore, it features a market-first1 Rare Diseases Extra Benefit. If diagnosed with a specified rare disease, such as Amyotrophic Lateral Sclerosis (ALS), clients can receive an extra benefit equivalent to 10% of the Basic Sum Insured.
The “iMONEY Wealth Management Awards”, launched by iMoney Magazine, aims to identify and recognise enterprises that have demonstrated excellence in product innovation, professional services, and sustainable development in wealth management sector. Over 10 awards were presented for 2024, the winners being selected by a professional panel.
Remarks:
Ms. Jasmine Hui, Chief Proposition Officer at YF Life (Left), accepts the "Best Annuity Product" and the "Most Popular Critical Illness Insurance Product" at the iMONEY Wealth Management Awards ceremony.
Representatives of YF Life celebrate the company's win at the ceremony.