HKMC Annuity Company Partners BOC Life on Referrals
RTHK · 2 SOURCESabout 6 hours ago4 MIN
Summary
Hong Kong Annuity Company has entered into a strategic partnership with BOC Life, allowing designated licensed insurance intermediaries of BOC Life to introduce the Hong Kong Annuity Plan to clients and refer eligible cases to Hong Kong Annuity Company for follow-up . The company said the move is aimed at promoting development of the local annuity market and strengthening public understanding of retirement planning tools .
Key Points
- Hong Kong Annuity Company is wholly owned by The Hong Kong Mortgage Corporation and announced the new referral arrangement on the 7th .
- Under the partnership, designated licensed insurance intermediaries of BOC Life may introduce the Hong Kong Annuity Plan to their own clients .
- Eligible customers will be referred onward to Hong Kong Annuity Company, which will handle follow-up after the initial introduction by intermediaries .
- Executive Director and Chief Executive Officer 梁靈智 said the company wants more intermediaries to help the public understand retirement planning through annuities .
- Customers with enquiries, or those wishing to verify a designated licensed insurance intermediary, may call Hong Kong Annuity Company at 2512 5000 .
Why It Matters
The partnership expands access points for the Hong Kong Annuity Plan by using BOC Life's designated licensed insurance intermediaries as a referral channel, potentially widening public exposure to annuity products in retirement planning . It also signals Hong Kong Annuity Company's intention to deepen cooperation with more institutions as it seeks longer-term growth in the local annuity market .