Media OutReach
Sun Life unveils suite of enhanced savings insurance plans
SunJoy Global Insurance Plan II, SunGift Global Insurance Plan II and Stellar Multi-Currency Insurance Plan II offer market-leading flexible Death Benefit Settlement Solution, multiple Contingent Policy Owner Arrangement and Interim Policy Owner Arrangement
HONG KONG SAR – Media OutReach Newswire – 3 July 2025 – Sun Life today announced the launch of an upgraded suite of savings insurance products. The upgraded products – SunJoy Global Insurance Plan II, SunGift Global Insurance Plan II, and Stellar Multi-Currency Insurance Plan II – are among Sun Life’s most popular offerings. Key enhancements include the introduction of a market-leading1 mix of multiple Death Benefit Settlement Options, multiple Contingent Policy Owner2 and Interim Policy Owner Arrangement2. These upgrades are designed to help Clients capture wealth growth while seamlessly planning their wealth legacy.
Christine Yeung, General Manager, Life and Health of Sun Life Hong Kong Limited, said: “At Sun Life, we’re committed to putting our Clients at the centre of everything we do. We understand their evolving needs in wealth accumulation and legacy planning for both the present and the future. The innovative and flexible design of the SunJoy Global and SunGift Global series, along with the Stellar Multi-Currency Insurance Plan, plays a pivotal role in helping Clients shape their wealth legacy and meet increasingly diverse needs. These three upgraded savings insurance plans are equipped with brand-new wealth legacy features, empowering Clients to achieve their financial goals while offering unparalleled flexibility in passing on their wealth to future generations. Moving forward, we will continue to drive product innovation, offering pioneering protection and wealth planning solutions to help the public achieve lifetime financial security.”
The three upgraded savings plans are participating insurance plans. The two major enhancements include:
Market-leading flexible Death Benefit Settlement Option
- Policy owners can mix and match multiple death benefit payout patterns with a Flexible Option, moving beyond package-based death benefit payment options.
- Policy owners can design their own payout patterns for each beneficiary or choose a designated lump-sum payout upon designated life events of the beneficiary – such as graduating from university, getting married or having a child.
- If the Designated Insured passes away, the Continuation Option3,4 allows the Original Policy to immediately terminate and a New Policy to be formed, with a beneficiary becoming both the New Insured and the new policy owner5 (if applicable).
Market-rare multiple Contingent Policy Owner Arrangement and Interim Policy Owner Arrangement
- Policy owners can designate up to three Contingent Policy Owners and designate up to three Interim Policy Owners for one of the Contingent Policy Owners6 in sequence, ensuring the policy’s value and wealth is seamlessly passing on to future generations.
- Interim Policy Owners will hold the policy on behalf of the Contingent Policy Owner until he/she attains the designated age or until the specified date is reached. They will have Restricted Administrative Rights to manage the policy, ensuring the wealth is transferred according to the policy owner’s plan.
The product upgrades enable Clients to tailor their wealth management and legacy plans according to their needs. The plans offer a variety of protections targeting different life stages, helping Clients cope with unexpected challenges, including:
| Upgraded Product Features |
| Early Value Lock-in Option7: Starting from the 5th policy anniversary, the policy owner can apply to transfer 10%-50% of the policy’s value to the Value Lock-in Account each policy year. |
| Whole life protection: The benefit term is extended to the whole life of the current insured (for single life) or the younger insured (for joint life). |
| Enhanced Guaranteed Death Benefit: 105%*/105%-120%** of total premium paid.
[*Only applicable to SunJoy Global Insurance Plan II and SunGift Global Insurance Plan II] [**Only applicable to Stellar Multi-Currency Insurance Plan II] |
| Extended Incapacity Benefit coverage8: In addition to being diagnosed as mentally incapacitated, policy owners diagnosed with coma9, major head trauma10 or paralysis11 can have a family member appointed as the Incapacity Benefit Recipient to file a claim. |
| Extended Waiver of Premium Benefit:
If the insured, who is also the policy owner, is diagnosed as suffering from Total Permanent Disability due to Injury or Sickness before age 70, Client can enjoy Waiver of Premium Benefit12. If the policy owner, who is not the insured, passes away or is diagnosed as suffering from Total Permanent Disability before age 70 due to Injury or Sickness, Client can enjoy Payor Benefit12. |
| Academic Achievement Awards: An award is paid based on the insured’s academic achievement in the Hong Kong Diploma of Secondary Education Examination, TOEFL, IELTS, International Baccalaureate Diploma Program, Mainland Gaokao, SAT, or upon receiving an unconditional offer of admission to a full-time undergraduate program of the world’s top 10 universities.
[Only applicable to Stellar Multi-Currency Insurance Plan II] |
| Flexible choice of withdrawal currency: SunWallet supports currency exchange in up to 17 currencies, enabling easier 24/7 policy management |
From now until July 31, 2025, Clients successfully apply upgraded series of savings insurance products can enjoy the following offers:
- SunJoy Global Insurance Plan II/SunGift Global Insurance Plan II (5-pay) – Up to 74% of the annualized first year premium#;
- SunJoy Global Insurance Plan II/SunGift Global Insurance Plan II (2-pay) – Up to 10% of the annualized first year premium#;
- Stellar Multi-Currency Insurance Plan II – Up to 93% of the annualized first year premium^.
Remarks
1 “Market-leading” refers to the services provided by Sun Life, the data of savings plans of new policies offered by composite and long-term insurers on the Register of Authorised Insurers of the Insurance Authority, and market conditions as of July 1, 2025.
2 This is an administrative arrangement and is not part of the product features. Please see the relevant leaflet and prescribed form for more details on the policy owner rights and the restrictions applicable to the designation of Contingent Policy Owner and the designation of Interim Policy Owner for the Contingent Policy Owner.
3 If this option is selected, the beneficiary must be a living individual.
4 Requests are subject to our approval. The New Policy will take effect from the Continuation Option Effective Date.
a. The Policy Date and the policies years of the New Policy will be the same as the Original Policy.
b. The Notional Amount, total premiums due and paid, outstanding amount of any loans and interest, and the policy values of the Original Policy, including Guaranteed Cash Value, accumulated Reversionary Bonus (if any), Terminal Bonus (if any) and the amount in the Value Lock-in Account (if any) will be allocated to the New Policy according to the designated percentage to the corresponding beneficiary according to the policy owner’s instructions.
c. There is no cooling-off period for the New Policy, and
d. For the purpose of counting the applicable period under the Incontestability provision, the relevant period will commence from the Continuation Option Effective Date for the New Insured.
5 The beneficiary will become both the New Insured and the new policy owner if (i) the designated insured who is also the policy owner has died; or (ii) the designated insured is not the policy owner, and the policy owner and the designated insured die at the same time; or (iii) the policy owner dies within 14 days after the death of the designated insured.
6 He/she must be the Designated Insured.
7 The Notional Amount after the Value Lock-in Option is exercised cannot be less than the minimum amount requirement.
8 The irrevocable beneficiary(ies) (if any) and the assignee (if any) must agree in writing to the requested designation of (a) the Incapacity Benefit Recipient; and (b) the Incapacity Benefit Percentage. Any existing Incapacity Benefit Recipient will be automatically revoked when (a) the policy owner designate a new Incapacity Benefit Recipient and the policy owner’s request is approved by us; (b) the policy owner is changed; (c) Sun Life HK has been notified that there is a guardian or committee appointed under the Mental Health Ordinance (Cap. 136 Laws of Hong Kong SAR) (or if there is a guardian or committee appointed under similar laws in another jurisdiction); or (d) Sun Life HK has been notified that the policy owner has an enduring power of attorney covering the policy. In the event that there is a dispute between the Incapacity Benefit Recipient and any other person, including but not limited to the insured’s guardian, committee, attorney, beneficiary(ies), assignee or in our reasonable belief that there is such a dispute, Sun Life HK reserves the right to withhold the payment of the Incapacity Benefit until such dispute is resolved.
9 Coma means a state of unconsciousness with no reaction to external stimuli or internal needs persisting continuously with the use of life support systems for a period of at least 1 week and resulting in a neurological deficit, which in our medical officer’s opinion is of a permanent nature.
10 Major Head Trauma means major trauma to the head with disturbance of the brain function confirmed by definite diagnosis by a consultant neurologist acceptable to us. The disturbance must result in a permanent bedridden situation or the inability to perform without assistance 3 or more Activities of Daily Living.
11 Paralysis means permanent loss of muscular power of both arms or both legs due to the disorder of the brain and nervous system and confirmed by a Specialist in the relevant medical field.
12 This benefit is subject to maximum amount, terms and conditions, pre-existing conditions and exclusions listed in the policy document.
# It includes basic rebate and green offer (guaranteed prepayment interest rate applies and only applicable to policies in United States Dollars). Terms and conditions apply. Please refer to the promotional leaflet for details.
^ It includes basic rebate, Enhanced Rebate and green offer (guaranteed prepayment interest rate applies and only applicable to policies in United States Dollars). Terms and conditions apply. Please refer to the promotional leaflet for details.
Hashtag: #SunLife永明 #永明金融 #SunLife #儲蓄保險 #分紅保險 #財富傳承 #萬年青 #星河尊享 #星河傳承 #永越 #身故保障 #後補保單主權人 #保單暫托人 #savingsinsurance #participatinginsurance #wealthlegacy #SunJoy #SunGift #Stellar #deathbenefit #policyowner #contingentpolicyowner #interimpolicyowner
The issuer is solely responsible for the content of this announcement.
About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2025, Sun Life had total assets under management of $1.55 trillion. For more information, please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. Sun Life Hong Kong Limited is a wholly-owned subsidiary of Sun Life Assurance Company of Canada.
Prime Minister celebrated the New Year together with Malaysians and officially kicked off Visit Malaysia 2026 at Pavilion Kuala Lumpur, amid captivating pyromusical fireworks, drone formations, laser shows, and stunning 3D anamorphic projections, alongside a star-studded lineup of top artistes
The highlight of the night was the countdown moment led by YAB Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia as the Guest of Honour, who joined thousands of Malaysians and visitors to welcome the New Year. Underscoring the national significance of the occasion, the celebration was also attended by YB Dato Sri Tiong King Sing, Minister of Tourism, Arts and Culture Malaysia.
YB Dato Sri Tiong King Sing, Minister of Tourism, Arts and Culture Malaysia, stated: “This celebration was a symbolic event to ignite the momentum for VM2026 while welcoming the world to our shores. Malaysia is now fully ready to showcase its unique culture, creativity, and the warm hospitality of its people. It marks a strong head start towards our aspiration of 43 million international visitor arrivals, further solidifying our position on the global tourism map.”
The VM2026 Countdown Festival stood as a grand manifestation of Malaysia’s excellence on the global stage. Drawing thousands of domestic and international visitors, the New Year’s Eve celebration featured a breathtaking multimedia extravaganza, seamlessly integrating pyromusical fireworks, drone formations and laser projections. A key highlight was the stunning 3D anamorphic display starring the campaign’s beloved Malayan Sun Bear mascots, Wira and Manja.
The main stage was also graced by a stellar lineup of renowned local artistes, including Shila Amzah, Aina Abdul, Belle Sisoski, Vanessa Reynauld, Kidd Santhe, The Kuans, KLP48, Nazu, Rezza Shah, Danson Ooi, Euzen, and Penny. Their performances were complemented by dedicated cultural showcases that blended traditional rhythms with modern beats, elevating the celebratory atmosphere of the night.
The VM2026 Countdown Festival was a wider festive programme that began as early as 26 December 2025, extending the celebrations beyond the heart of the city. Parallel events and activities were held, offering visitors a glimpse of Malaysia’s rich heritage and creative spirit while embodying the essence of Truly Asia.
These included the VM2026 Bazaar at Pavilion Bukit Jalil, VM2026 Arts & Culture Showcase at Fahrenheit 88, featuring cultural pop-ups, interactive experiences such as batik art, porcelain making, wau decoration among others and showcases that drew strong public participation over several days. Malaysia’s vibrant food scene was brought to life at the VM2026 Bukit Bintang Food Bazaar, Lot 10, presenting a curated mix of traditional cuisines, local favourites and contemporary delights.
The build-up was further amplified by daily live 10 iconic DJs, flash mobs at the Bukit Bintang Crossing, Malaysia’s very own infamous Shibuya crossing and busking performances across key locations, creating a steady prelude to the countdown and sparking excitement both on the ground and across social media.
VM2026 provides a platform to bring Malaysia’s narrative to the global stage, guided by five strategic pillars: sustainability, cultural heritage, nature-based adventure, digital innovation, and global connectivity. However, these strengths will only truly shine when celebrated together by all Malaysians.
The festival was organised with the strong support of Kuala Lumpur City Hall (DBKL) and Tourism Malaysia as key partners. The success of the event was also made possible through collaboration with strategic partners, including Istana Budaya, the National Department for Culture and Arts (JKKN), the National Heritage Department, and the Malaysian Handicraft Development Corporation.
As the immersive countdown finale illuminated the Kuala Lumpur skyline, the VM2026 Countdown Festival marked a confident and celebratory opening to the tourism year ahead, reaffirming Malaysia’s readiness to welcome the world in 2026.
The year 2026 will be anchored by a series of mega events, including major festive celebrations such as Hari Raya Aidilfitri, Chinese New Year, and Deepavali, which will showcase Malaysia’s rich cultural and ethnic diversity while enhancing visitor experiences through a vibrant presentation of local arts, heritage, and entertainment.
This momentum will be driven by the implementation of a wide range of high-impact tourism events and programmes, encompassing cultural festivals, conventions, and MICE activities (Meetings, Incentives, Conferences and Exhibitions), as well as large-scale tourism exhibitions. Adopted on a nationwide scale, this approach aims to expand tourism reach, encourage longer visitor stays, and provide meaningful opportunities for travellers to experience the distinct cultural identities of Malaysia’s diverse regions.
Hashtag: #VM2026Countdown #VisitMalaysia2026 #SurrealExperiences #MalaysiaTrulyAsia
The issuer is solely responsible for the content of this announcement.
The inaugural flight, VN39, departed Tan Son Nhat International Airport at 10:45 p.m. on December 15 aboard a Boeing 787-9 Dreamliner and landed safely at Copenhagen Airport after more than 12 hours of flight, carrying over 200 passengers to the Danish capital. The return flight, VN38, departed Copenhagen at 10:50 a.m. local time on December 16 and arrived in Ho Chi Minh City later the same day, serving more than 300 passengers.
The Ho Chi Minh City to Copenhagen route will operate three times per week. Flights depart Ho Chi Minh City on Monday, Wednesday, and Friday evenings, while return flights from Copenhagen operate on Tuesday, Thursday, and Saturday mornings. This new service enhances connectivity between Vietnam and Denmark, as well as the broader Northern European region, while meeting the increasing travel demand of the Vietnamese community in the area, estimated at approximately 70,000 people. It is also expected to further boost the growing number of Northern European visitors to Vietnam.
Dang Anh Tuan, Executive Vice President of Vietnam Airlines, said: “Copenhagen represents a strategic market in Vietnam Airlines’ European network growth. Our nonstop service dramatically reduces travel time between Vietnam and Denmark, enhances our competitive edge, and creates new opportunities for tourism, business, and cultural exchange across Northern Europe. This direct connection will deliver clear benefits to passengers, enterprises, and the Vietnamese community in the region.”
Copenhagen, the capital of Denmark, is widely recognized as one of the world’s most livable cities and serves as a key transportation hub for the entire Scandinavian region. From Copenhagen Airport, passengers can conveniently connect to Sweden, Norway, and Finland via a modern infrastructure and efficient transport network. As a result, the new route not only meets travel demand to Denmark but also provides faster and more convenient access to the broader Northern European region compared with previous itineraries requiring transit stops.
Copenhagen is considered a high-potential market, particularly during the winter season when Northern European travelers seek warm-weather destinations such as Vietnam. With the launch of this route, Vietnam Airlines becomes one of the few Southeast Asian carriers offering direct service to Northern Europe, further strengthening its European network, which currently includes Paris, Frankfurt, Munich, London, Milan, and Moscow.
The nonstop Ho Chi Minh City to Copenhagen service also marks a significant milestone in Vietnam Airlines’ 30-year development journey, reaffirming the airline’s commitment to expanding intercontinental connectivity, enhancing the role of the national flag carrier, and continuing to showcase the image, culture, and people of Vietnam to the world.
Hashtag: #VietnamAirlines
The issuer is solely responsible for the content of this announcement.
Flight VN643, operated by an Airbus A321 and carrying about 100 passengers, departed Noi Bai International Airport at 22:50 on December 2 and landed at Cebu International Airport at 03:30 local time on December 3. To celebrate the route opening, Vietnam Airlines held welcome activities at both airports and presented gifts to passengers on the inaugural flight.
The Hanoi to Cebu route is Vietnam Airlines’ first direct link between the Vietnamese capital and the Philippines’ popular tourist destination. Cebu is celebrated for its pristine island landscapes, rich cultural heritage, and diverse travel experiences, from tranquil beach escapes and world-class water sports to vibrant dining scenes and nature adventures, making it an ideal place for leisure travelers across the region.
Flights from Hanoi to Cebu will depart every Tuesday, Thursday and Sunday. Return flights from Cebu to Hanoi will operate every Monday, Wednesday and Friday. With a direct flight time of just three hours, Vietnam Airlines significantly shortens the journey between Hanoi and Cebu, making travel more convenient than ever before.
The new service enhances travel for Vietnamese visitors to Cebu, while also opening the door for travelers from the Philippines to experience Hanoi, celebrated for its culinary heritage and proximity to iconic attractions such as Ha Long, Ninh Binh and Sapa.
Dang Anh Tuan, Executive Vice President of Vietnam Airlines, said: “The Hanoi to Cebu service represents more than just a new route. It strengthens cultural and economic connections between Vietnam and the region, creating new opportunities for travel and collaboration. Vietnam Airlines is dedicated to providing safe, and high-quality services that promote tourism and foster closer ties between the two countries.”
The launch of the direct Hanoi to Cebu service aligns with Vietnam Airlines’ strategy to expand its international network, particularly in Southeast Asia, a high potential market with strong tourism growth. This new route will further promote tourism, trade and cultural exchange between Vietnam and the Philippines, contributing to the development of regional aviation and tourism.
Hashtag: #VietnamAirlines
The issuer is solely responsible for the content of this announcement.
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