Top Up - Wealth Amplifier - Heng An Standard Life

   2.    You may refer to "IA Guidelines" for more information of GL26,27,29,30

   3.   Submit identity documents of the Policy Owner/Beneficial Owner/ Assignee(s) if it has not been submitted.

4.    Address proof is not required unless it is required by Heng An Standard Life, or OnePlatform has to conduct further verification with the client’s identity.  (Updated: 2 Nov 2018)

5.    If the Additional Investment Contribution is greater than or equal to HK$8,000,000 or equivalent, additional Source of Wealth document is required. Please

refer to our Heng An Standard Life Source of Wealth Guidelines for details.6.    All copies of original supporting documents submitted must be properly certified by suitable persons as set out in the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance   (updated: 26 Mar 2012)

7.   The valid sign date of top up request on "Policy Alteration Form - Form A" is 1 month only. (updated: 19 Mar 2014)

8.   For cut off time, please refer to the Cut-off time table

Checklist

Term of Years	Initial Contribution Period (months)
5-10	18
11-15	20
16-20	22
21-25	24

1.    Fill in the Change in Contribution Form (please kindly refer to Form [C3])  

       Minimum allocation to each fund = 10% and must be a whole number.      

2.   Client Data Form

2.   Financial Needs Analysis Form

4    Client Agreement (CA form) (updated:13 Jan 2011)

5.    Risk Profile Questionnaire

6.    Acknowledgement Letter of Specific Services Agreement for Investment-Linked Assurance Scheme Policies

7.    Important Facts Statement and Applicant's Declarations (For Wealth Amplifier) (Please kindly refer to Form [I5])(Updated: 18 Jun 2013)

According to HKFI’s Additional Frequently Asked Question, the best practice of proposing an ILAS product is when the customer indicates / chooses Under Question 1 in Part I of the Important Facts Statement and Applicant’s Declarations ("IFS & AD") The purpose as one of the following*:

"Savings with minor life protection", or

"Investment with minor life protection" (Updated: 13 Dec 2013)                 

Please kindly cross out the "Illustration Document" under Part II - Applicant's Declarations if the tailor made illustration is not attached with top up application. (Updated: 16 Jul 2013) 

8. Financial Needs Analysis Form (Please refer to Form [F1]) [Guideline - Part of FNA filled for reference only] (Updated: 22 Mar 2018)

For filling the initial contribution period in the disclaimer, please check the following table:

According to HKFI’s Additional Frequently Asked Question, the best practice of proposing an ILAS product is when the

customer indicates / chooses – Both (i) "Life Protection" and (ii) "Savings" / "Investment" as his/her purpose of buying the

product. (Updated: 13 Dec 2013)    

Payment Methods

 Payment must be made by Policy Owner or 3^rd party payor with the following relationship:

spouse

Mother/Father

Son/Daughter

The following must be submitted for payment from 3^rd party:

Source of Fund form to be signed by the policyowner and the 3^rd party payer, information stated should be on the 3^rd party payer If ‘Regular Savings from Salary’ is selected as Source of Wealth, please specify the total income in the past 12 months. For all other options selected, please specify the exact amount.

Relationship confirmation, one of the following:

• Certified true copy of Family Relationship proof document
• State the relationship between the policyowner/3^rd party payer with signature by the policyowner and the 3^rd party payer, endorsed by the IFA (On the Addendum to Application* or On the Source of Fund* form under the blank area by (b))

"Addendum to Application" stating reason for third party payment signed by policy owners and the third party payer and endorsed by the broker

Certified true copy of Identification document (ID card copy or passport) of the 3^rd party payer

If the 3^rd party payor is paying ongoing premium payments then a new payment method authorization form – DDA, CCA, etc, must be signed by the 3^rd party payer

1. Personal payment/bank draft

    Made payable to "Heng An Standard Life (Asia) Ltd ".

For cheque or bank draft not issued by non-HK bank, it may require more than 4 weeks for clearance and handling fee.

For Bank Draft, must submit a copy of the bank draft application stamped by bank and must proof that the proposed policy owner is the payer of the bank draft.

Post-dated cheque is not accepted.

2. Bank Transfer 

Must submit Transaction Advice which shows the bank account number and full name of the account holder in PRINTED format. The name of the account holder shown must be the same as the Proposed Policy Owner.

If the Bank Transfer Advice without Payer Name and account number masked 3 digits, the following payment proof is required:  (1) Transfer slip in Original / Certified by consultant,  (2) Recent bank statement / bank card copy/ Bank Book (must contain client’s full name and full account number.

It is NOT necessary for the bank statement to contain the actual transaction.   (Updated: 2 April 2014)

3. Telegraphic Transfer (TT)

Copy of the TT application stamped by bank;

All bank charges to be covered by Policy Owner.

Due to TT charge by bank(s) would be involved on TT, remind the client to ensure that additional amount is being arranged as to cover any bank charge to avoid not meeting the minimum contribution amount.

4.  Bank Instruction Letter (Please kindly refer to Form [B1])

It is an one-off arrangement and applicable for initial premium, subsequent premium and non-monthly single-top up payment.

Payment proof is required for any payment method.

Heng An Standard Life Customer Hotline: 21690300