Nourish your Child with Comprehensive Protection. Why Not.
Fubon magi© Children Savings Plan
 
It is the desire for every caring parent to provide with their children the best education and to develop their potential. Fubon Bank has specially designed Fubon magi©Children Savings Plan for you and your children. With the comprehensive Insurance Savings Plan and Children Savings Account, your children will be assured to have a brilliant future. Comprehensive Protection along your child growth! Why not?
 
Fubon magi© Children Insurance Savings Plan*
Quality education is one of the keys to success in future. Fubon magi©Children Insurance Savings Plan combines savings and life insurance to enable you to accumulate sufficient education fund for your children and at the same time to enjoy the benefit of life protection.
 
- Sum assured ranging from USD10,000 to USD200,000
- 25% Guaranteed Cash Value will be payable annually between the age of 18 to 21 as the child's education fund
- Additional 1% education bonus will be paid upon insured's graduation from secondary school
- Distribution of non-guaranteed annual policy dividend which you may choose to take in cash at anytime or accumulate with interest in the policy
- Choice of a lump sum, 3-year or 10-year payment period to meet your financial needs
- For children aged from 0 to 13 (10-year payment plan is only applicable to children aged 10 or below)
- 100% sum assured will be paid in the event of the insured child's death during the benefit period
- If the policy owner dies or suffers permanent total disability as a result of accident or illness, the premium for the remaining payment period(s) will be waived, and the annual payment of Guaranteed Cash Value to the child between 18 to 21 will be paid as scheduled.
 
* Fubon magi©Children Insurance Savings Plan is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. The repayment of the magi©Children Savings plan is not guaranteed by the Hong Kong SAR Government’s Exchange Fund.
 
magi© Children Savings Account

To encourage your child to develop a good habit of saving, you can open Fubon magi©Children Savings Account for your child. Your child will have his/her own banking account with specially designed passbook, which is attractive and colorful. With different designs on every page of the passbook, your child will easily develop a saving habit.

Apart from the colorful passbook, your child will have a customized personal account card with his/her photo and name printed on the card. The unique design shows the style of your child.

 
Fubon Credit Card "Saving Points" Plan - Save with Your Young Ones
To encourage guidance and participation from parents, a "Saving Points" Plan is specially designed for parents who are simultaneously holding Fubon Credit Card. Through this plan, every 20,000 accumulated bonus points (HK$1 spent for 1 bonus point) earned for your daily spending on Fubon Credit Card will be converted into HK$100 cash deposit and automatically be credited to your child's Fubon magi©Children Savings Account on a monthly basis. Those customers who are not currently holding any Fubon Credit Card can apply for one during account opening.
 
Enroll Today for the Fruitful Future of your Children

Simply call our Fubon Customer Service Hotline at 2566 8181 (Press 2 > 3 > 0) or visit any Fubon Bank Branch during office hours^. All aiming to bring your child a brilliant future!

^ Monday to Friday: 9am - 7pm; Saturday: 9am - 1pm (except Public Holidays)
 
 
Remarks:
Fubon Bank (Hong Kong) Limited is a member of the Deposit Protection Scheme. Eligible deposits taken by this Bank are protected by the Scheme up to a limit of HK$100,000 per depositor. The repayment of eligible deposits in excess of the amount protected under the Deposit Protection Scheme taken by Fubon Bank (Hong Kong) Limited is guaranteed by the Hong Kong SAR Government's Exchange Fund, until the end of 2010.
 
Notes:
1. Fubon magi©ChildrenSavings Account is applicable for children aged 11 or below. Parents are required to bring along the Birth Certificate of their child upon account opening. Minimum account opening deposit is HK$500.
2. Fubon magi©Children Insurance Savings Plan must be enrolled by the child's parent.
3. Fubon Bank (the "Bank") reserves the right to amend the terms and conditions. In case of dispute, the decision of the Bank is final and conclusive.
 
Disclaimers:
• The above information is for reference only. Please refer to the Policy Provisions of ‘Fubon magi©Children Insurance Savings Plan’ (“the Plan") for the terms and conditions.
• Dividends paid are not guaranteed and may change during the policy term. Dividends will be declared annually and you may choose to withdraw them in cash or leave them in the policy to earn interest. The payment of dividends and their respective amounts under participating policies issued by MetLife Limited is subject to a number of factors, including (a) the performance of the investment of the relevant assets of the relevant company, (b) operating expenses of the relevant company, and (c) claims experience of the relevant company in respect of such policies. Any dividends declared in the future may be lower or higher than the above quoted and past performance is not indicative of future performance.
• The Plan is an insurance plan with a savings element. Part of the premium pays for the insurance and related costs. If you are not happy with your policy, you have a right to cancel it within the Cooling-off Period and obtain a refund of any premiums paid provided that you have not made any claim under this policy. A written notice signed by you together with the policy must be received by MetLife Limited at its Hong Kong office within the Cooling-off Period (that is, 21 days after the delivery of the policy or the issue of a Notice informing you/your representative about the availability of the policy and the expiry date of the Cooling-off Period, whichever is earlier). After the expiration of the Cooling-off Period, if you cancel the policy before the end of the term of policy as set out in the policy document, the projected total cash value payable (if any) may be less than the total premiums you have paid.
• MetLife Limited is the insurance underwriter of the Plan and is solely responsible for all Plan features, policy approval, coverage and benefit payment. MetLife Limited is a wholly-owned subsidiary of MetLife, Inc. in Hong Kong and operates under the "MetLife" brand.
• The Plan is distributed by Fubon Bank
• In case of any discrepancy between the English and Chinese versions, the English version shall always prevail.