Huize Holding announced that it has partnered with Aviva-COFCO Life Insurance to launch “Fu Man Jia”, a customized participating whole life insurance product. “Fu Man Jia” stands out with three key features are: astable value growth with long-term potential returns: a guaranteed return on a compound basis of 2.5% with additional non-guaranteed annual dividend; a low threshold with high dividend flexibility: policy available to customers from 30 days after birth to 70 years old, with options in receiving dividend payout, including cash payment, dividends on deposit, premium reduction, or purchasing paid-up additional insurance; and an enhanced flexibility with premium payment terms of single upfront payment or annual payments ranging from 3 years to 15 years.
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