CHINA TAIPING LIFE INSURANCE(HONG KONG)COMPANY LIMITED

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TAIPING 5-YEAR PREMIER SAVING PLUS

TAIPING 5-YEAR PREMIER SAVING PLUS combines the dual benefits of life protection and saving.

By paying the premium for just 3 years, you can enjoy the result of your fruitful savings and enjoy 5 years of life protection.

In this brochure, TPLHK is the same as China Taiping Life Insurance (Hong Kong) Company Limited.

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COMPANY PROFILEChina Taiping Insurance Group Ltd. (“China Taiping”) is a Chinese stated-owned financial and insurance group whose management headquarters is located in Hong Kong. China Taiping Life Insurance (Hong Kong) Company Limited (abbreviated as “TPLHK”) is a wholly-owned life insurance subsidiary of China Taiping Insurance Holdings Company Limited under the China Taiping, which is responsible for life insurance business in Hong Kong.

The founding of TPLHK is to enhance China Taiping’s “One-Stop Comprehensive Insurance Services Platform” to achieve “One Customer, One Taiping” integrated servicing strategic target, also it is pursuit of excellence to become “the most characteristic and successful life insurance company” outside mainland China. TPLHK establishes a strong foothold in Hong Kong and servicing Hong Kong with the management philosophy “Build with integrity; Prosper with profitability; Manage with profession; Strengthen with unities” to provide high-quality professional service to our customers through the China Taiping’s excellent resources.

Need more details? Get in touch with usPlease contact your consultant or call our Customer Service Hotline at (852) 800 961 589

Or visit our website at http://tplhk.cntaiping.com for more details

China Taiping Life Insurance (Hong Kong) Company Limited is wholly owned by China Taiping Insurance Holdings Company Limited.China Taiping Insurance Holdings Company Limited is listed in Hong Kong Exchange (Stock Code: 00966).

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TAIPING 5-YEAR PREMIER SAVING PLUS TAIPING 5-YEAR PREMIER SAVING PLUS (The Plan) combines the dual benefits of life protection and saving. By paying the premium for just 3 years, you can enjoy the result of your fruitful savings and enjoy 5 years of life protection.

Contribution Period of 3 Years to Enjoy 5-year Life ProtectionYou can enjoy 5-year comprehensive life protection during the term of the policy by paying premiums for just 3 years.

Attractive Guaranteed Returns to Accumulate WealthYou will receive a Guaranteed Cash Coupon equivalent to 2.5% of the Maturity Benefit from the Third Policy Anniversary onwards. To allow you to manage your cash effectively, the Guaranteed Cash Coupon can be accumulated with the policy at the interest rate of 4.5% p.a. until policy matur i ty. The Plan also provides you with Maturi ty Benefi t with an attractive guaranteed rate of return. You may pay Premiums annually or pay the Premiums of all 3 years at inception, the Guaranteed Annual Return (Accumulated Guaranteed Cash Coupon) will be 3.56%* and 3.75%* respectively, thereby enabling you to fulfill different dreams upon maturity at the end of the fifth policy year.

Flexible Choices to Fit Your NeedsBased on your financial status and needs, you may select from 2 different premium payment methods, including Annual or Annual and Prepayment for the 2nd and 3rd Year Premium. Prepayment of the 2nd and 3rd Year Premium wi l l enjoy a guaranteed interest rate of 4.5% for the first 2 years, enabling you to achieve your goals more easily.

Peace of Mind with Life ProtectionThe Plan offers comprehensive life protection to help you and your family to cope with the unexpected. In the unfortunate event that the Insured passes away, the Beneficiary wil l receive a Death Benefit consisting of 105% of the Total Premium Paid or Account Value, whichever is higher.

Simple and Easy ApplicationSubject to our prevailing rules and regulations, only simplified underwriting is required for a new application with the accumulated Amount Appl ied (including Sum Assured / Face Amount / Notional Amount / Benefit / Maturity Benefit) for Premier Saving Series / Wealth Growth Series / Wealth Power Series /EliteJoy Series for less than or equal to US$5,000,000, and no medical examination is required.

Enrolment TermsIssue Age From 15 days after birth to 75 years oldPolicy Currency USDPremium Payment 3 YearsPeriod Premium Payment Annual or Annual Method and Prepayment for the 2nd and 3rd Year PremiumBenefit Term 5 YearsMinimum Maturity US$200,000Benefit Guaranteed May change Annual Return according to the choice of Premium Payment Method

* The above return rate are for reference only and are rounded to the nearest two decimal places. Guaranteed Annual Return may change according to the choice of Premium Payment Method and Maturity Benefit.

Benefits to Ms. Cheung

1. At the age of 65 (Policy Maturity), Ms. Cheung will receive a Maturity Benefit of US$500,000 and accumulated Guaranteed Cash Coupon of US$39,213 (nearly HK$4.2 million in total as her retirement fund), that means she would have enough funds to fulfill her dream (travel around the world with her family upon retirement).

2. Ms. Cheung can leave a legacy, amounting to 105% of total premium paid or Account Value, whichever is higher at the date of claim, to her beneficiary (grandchildren) in case she passes away before policy maturity.

3. Ms. Cheung can also choose “Annual and Prepaid Second and Third Year Premium” as premium payment method and earn a total Prepaid Premium interest of US$21,087# (around

HK$164,000) as extra benefit.

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The following example and all figures below are hypothetical and for illustrative purposes only. All figures are subject to change at TPLHK’s sole discretion without prior notice.

Case - Pre-RetireeCustomer Profile : Ms. Cheung / Aged 60 / SME OwnerFinancial Status : Besides monthly income, self-occupied property and emergency cash,

Ms. Cheung also has liquid assets of HK$10 million for her retirement and legacy planning.

Financial Goals : Plan to retire at 65 and travel around the world with her family. To leave a legacy for her grandchildren.

After going through the Affordability and Suitability Assessment under Financial Needs Analysis, the selected Plan is:Plan Name: TAIPING 5-YEAR PREMIER SAVING PLUSPremium Payment Period and Method: 3 Years, Annual and Prepaid Second and Third Year PremiumMaturity Benefit: US$500,000Annual Premium: US$156,200

Annual and Prepaid 2nd and 3rd Year PremiumTotal Premium US$468,600

Prepaid Premium interest earnedat the end of first policy year US$ 14,058#

at the end of second policy year US$ 7,029#

61 62 63 64 65

Ms Cheung's Age

When Ms. Cheung Retires at 65 (Policy Maturity)

Maturity Benefit US500,000

Accumulated GuaranteedCash Coupon US$39,213^

Guaranteed Annual Return 3.75%*

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# Prepaid Premium interest rate is 4.5%.^ Guaranteed Cash Coupon is accumulated at a guaranteed interest rate of 4.5%.* The above return rate is for reference only. The calculation includes the interest earned on Prepaid Premium at the end of the first

and second policy year and assumes such interest to be withdrawn at the end of the first and second policy year. Guaranteed Annual Return may change according to the choice of Premium Payment Method and Maturity Benefit.

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Important InformationThis brochure is for reference only. Please refer to the policy contract for the definitions of capitalized terms, and the exact and complete terms and conditions of the cover. We would like to remind you to review the relevant product materials provided to you and seek independent professional advice if necessary.

Key Product RisksTaiping 5-year Premier Saving Plus is issued and underwritten by China Taiping Life Insurance (Hong Kong) Company Limited (“TPLHK”). Please note the following Key Product Risks.

1. Exchange Rate Risk The application of this insurance product with the policy currency denominated in a foreign

currency is subject to that foreign currency’s exchange rate and currency risk. The foreign currency may be subject to the relevant regulatory bodies’ control (for example, exchange restrictions). If your home currency is different from the policy currency, please note that any exchange rate fluctuation between your home currency and the policy currency of this insurance product will have a direct impact on the amount of premium required and the value of the benefit(s) to be received. For instance, if the policy currency of the insurance product depreciates substantially against your home currency, the potential loss arising from such exchange rate movement may have a negative impact on your benefits to be received from the product and your burden of the premium payment. You may browse our official website (http://tplhk.cntaiping.com/) to find out the latest prevailing exchange rate for reference.

2. Early Surrender Risk The Plan is designed to be held until the Maturity Date. If you terminate the Policy prior to the

Maturity Date, a loss of all premium paid may take effect as a result.

While the Policy is in force, the policyholder may terminate the Policy by sending a written termination request. If the Policy is terminated or surrendered before the Maturity Date of the Policy, the Surrender Value received by the policyholder may be less than the Total Premiums Paid. For details of early surrender value, please refer to the section “Standard Illustration of Benefits and Returns” in the Product Proposal.

3. Termination Conditions This Policy will terminate automatically upon the following whichever is the earliest:

a) if it lapses as a result of any Premium due remaining unpaid at the end of the Grace Period (subject to “Automatic Premium Loan Provision”); or

b) upon the death of the Insured; or

c) upon the surrender of the Policy; or

d) upon payment of any benefit under the Policy that triggers termination of the Policy; or

e) if the amount of the outstanding indebtedness under the Policy is equal to or greater than the Account Value.

Termination of your Policy under the circumstances stated above will not affect any claim or benefit arising prior to such termination unless otherwise stated.

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4. Automatic Premium Loan Risk The premium of the Plan should be paid in full for the whole payment term. If you fail to pay

the Premium due at the end of the Grace Period and the Policy is not given as security for advancement/loan of any kind whatsoever to a third party, the Automatic Premium Loan provision will be applied. Any Premium remaining unpaid at the end of the Grace Period will be paid by way of an automatic premium loan (“Automatic Premium Loan”) provided that the total sum of Account Value and Guaranteed Cash Coupon is then equal to or greater than the amount of that unpaid Premium. If the total sum of Account Value and Guaranteed Cash Coupon is insufficient to the cover the full amount of the premium in default plus any money due by you to us, no Automatic Premium Loan will be extended and the Policy will lapse, and we will refund to you the balance of any remaining sum of Account Value and Guaranteed Cash Coupon.

5. Credit Risk of Issuer The Plan is issued and underwritten by TPLHK. Your Policy is subject to the credit risk of

TPLHK and in extreme and the worst scenarios, you are at risk of losing all the premium paid and benefit amount.

6. Inflation Risk If the annual inflation rate over the next five years is higher than the annual guaranteed return,

the purchasing power of the maturity benefit will be offset by inflation.

7. Key Exclusion No Death Benefit shall be paid if the Insured commits suicide, whether sane or insane, within

one (1) year after whichever is the later of (i) the Issue Date; (ii) the Effective Date as indicated in the relevant Endorsement or Supplementary Contract and (iii) the Reinstatement Date, TPLHK’s liability under the Plan will be limited to a refund of the Basic Plan Premiums paid, without interest and after deducting any indebtedness to TPLHK under the Plan. In the case of reinstatement, the refund of the Basic Plan Premiums will be calculated from the Policy Issue Date.

8. Further Assessment If the accumulated Amount Applied (including Sum Assured / Face Amount / Notional Amount

/ Benefit / Maturity Benefit) for Premier Saving Series / Wealth Growth Series / Wealth Power Series /EliteJoy Series exceeds USD 5,000,000 and proposed insured is of the age of 65 or above, full health declaration is required for full underwriting. If the accumulated Amount Applied exceeded USD 10,000,000, full health declaration is required for full underwriting, for the purpose of individual consideration. Full underwriting may result in extra premium loading. In such event, the total premium payable will not be equal to the total premium stated in this illustration. As such, the Guaranteed Annual Return will be reduced accordingly and different from this illustration.

9. Prepaid Premium Clawback Charge Prepaid Premium clawback is permitted for the Prepaid Premium, subject to a clawback

charge of USD 260, or 3.5% of clawback amount, whichever is higher. No interest would be accrued to the policyholders if the Prepaid Premium is clawed back. Partial clawback is not permitted.

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Remarks of Taiping 5-year Premier Saving Plus 1. The Maturity Benefit in this product brochure does not represent the amount of Death Benefit

payable in case of the death of the life assured. It serves only as an amount for the calculation of premium and other policy values of this plan.

2. If the Maturity Benefit is reduced for any reason, the Death Benefit calculation will be reduced according to the reduced Maturity Benefit.

3. The issue age is based on age of last birthday.

Cancellation RightA customer who has purchased the life insurance plans has a right to cancel the policy within the cooling-off period and obtain a refund of any premium(s) paid less any withdrawals. Provided that no claim has been made, the customer may cancel the policy by giving written notice to TPLHK within 21 days after: (1) the delivery of the policy or (2) notification (informing the availability of the policy and expiry date of the cooling-off period) to the customer/his/her representative, whichever is earlier. The premium will be refunded in the currency of premium payment at the time of application for this policy. If the currency of premium payment is not the same as the plan currency, the refundable premium amount in plan currency under this policy will be converted to the currency of premium payment at the prevailing currency exchange rate as determined by TPLHK in our absolute discretion from time to time upon payment. After the cooling-off period expires, if a customer cancels the policy before the end of benefit term, the actual cash value may be substantially less than the total amount of premiums paid.