BOC Life Deferred Annuity (Lifetime)

Last checked 13 Oct 2026

At a glance

Insurer

BOC Group Life Assurance Company Limited

Product category

QDAP annuity

Policy currencies

HKD / CNY / USD

Issue ages & basis

Issue ages & basis (1)

Issue ages & basis
Recorded information	Premium payment terms / Age basis
18 years to 70 years	Age basis: Not confirmed

Qualifying Deferred Annuity Policy with lifelong guaranteed monthly annuity income.

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Decision sheet

6 of 14 known · 8 not published

What it pays and when

Recorded features: Qualifying Deferred Annuity Policy with lifelong guaranteed monthly annuity income.Public source · Checked: 13 Oct 2026

Benefit limits

not published

Premium and payment term

not published

How premiums can change

not published

Guaranteed / non-guaranteed

Qualifying Deferred Annuity Policy with lifelong guaranteed monthly annuity income.Public source · Checked: 13 Oct 2026

Waiting periods

not published

Main exclusions

not published

Surrender / cancellation

not published

Cooling-off

not published

Riders

Optional supplementary riders are listed; individual rider terms are not stated on this product page.Public source · Checked: 13 Oct 2026

Claims steps

Insurer claims guide · Annuity

not published

Policy servicing from abroad

Policy servicing from abroad: BOC Life directs overseas customers to eService for policy information or its customer hotline.Public source · Checked: 13 Oct 2026

eService supports designated policy changes, including contact details and premium payment method.Public source · Checked: 13 Oct 2026

Registration requires a valid recorded mobile number for identity validation. Availability of every change from every country is not confirmed.Public source · Checked: 13 Oct 2026

Complaints and dispute routes

1. First contact the insurer through its published complaint channel; retain its written reply.Public source · Checked: 12 Oct 2026

2. Insurance Authority: submit the signed complaint form with supporting documents by email, post or fax. It handles insurer/intermediary conduct; it cannot adjudicate claim disputes or order compensation. Eligible claim disputes can go directly to ICB; an IA referral requires the complainant’s consent.Public source · Checked: 13 Oct 2026

3. Insurance Complaints Bureau: eligible monetary disputes under personal policies with member insurers, up to HK$1,500,000. A policyholder, beneficiary, insured or rightful claimant must file within six months of notification of the insurer’s final decision. Industrial, commercial and third-party insurance and cases undergoing or having completed litigation/arbitration are excluded. Non-claim complaints exclude service quality, underwriting decisions, investment performance and levels of fees, premiums, charges or interest. Similar rejected claims across policies are aggregated; periodic/long-tail claims use a five-year total.Public source · Checked: 13 Oct 2026

ICB accepts written complaints by post, fax or email using its complaint form. Include policy and application documents, claim form, relevant evidence and the insurer’s final written decision; no reception counter service.Public source · Checked: 13 Oct 2026

Annuity timing / QDAP

IA QDAP certification evidence: Published as a Qualifying Deferred Annuity Policy.Public source · Checked: 13 Oct 2026

Annuity payout frequency: Monthly.Public source · Checked: 13 Oct 2026

Known means some sourced information is available, not complete terms. Missing details are not evidence of no cover or no restriction.

Questions to ask before buying

Questions to ask before buying (10)

Ask the insurer or a licensed Hong Kong broker. These questions do not imply that cover or restrictions exist.

What benefit limits apply?
How much is the premium, and how long must I pay it?
When and how can premiums change?
What waiting periods apply?
What exclusions apply?
What are the cancellation terms and any surrender value or charges?
What are the claim steps, documents and deadlines?
Can you provide the key facts statement and policy provisions for this product?
What is the cooling-off period, and how do I cancel during it?
Which benefits and values are guaranteed, and which are not?

How the value of this kind of plan works

Read this before any illustration. It describes these plans in general; the policy contract decides.

Guaranteed part: The guaranteed cash value is in the contract. It is usually low in the early years and is the only part you can rely on.
Non-guaranteed part: Dividends and bonuses depend on the insurer’s results and can be cut. Fulfillment ratios show past payouts.
Stopping early: Surrendering in the first years usually returns less than you paid. Find the break-even year in your own illustration first.
Currency: Values are paid in the policy currency. If you spend in another currency, exchange rates can add to or erase the return.

Belongs to

Similar products share a type, currency and premium term band. Clusters describe published features, not suitability or ranking.