OREANDA-NEWS. May 27, 2014. The Bank of East Asia, Limited(“BEA”) announces the launch of the WealthBuilder RMB Insurance (II)  plan (the “Plan”) by BEA Life Limited (“BEA Life”), BEA’s wholly - owned life insurance arm. Customers who apply for the Plan during the application period from now until 7th June, 2014 1 can enjoy the potential benefit of Renminbi (“RMB”) appreciation and receive a guaranteed annual return of 2.95 % or 3.08% upon policy maturity.

The Plan is an RMB - denominated endowment plan available to persons aged between three months and 70 years 2.

It offers life protection for five years and a short premium payment period of just two years, with a minimum annual premium of as low as CNY35,000.

Customers can enjoy guaranteed annual returns of 2.95% upon policy maturity, with guaranteed life protection of up to 105% of the total premium paid.

By prepaying the premium of the second policy year upon enrolment, customers can enjoy a guaranteed interest rate of 4.25% for the premium prepaid, paid upon the effective date of the second policy year.

Together with the interest earned, the plans guaranteed annual returns will be increased to 3.08% upon policy maturity.