HKMC expands Retire 3 referral network with BOC Life
The Hong Kong Mortgage Corporation Limited (HKMC) has expanded its referral network for the "HKMC Retire 3" products. BOC Group Life Assurance Company Limited (BOC Life) is now authorized to refer these retirement planning solutions to its eligible customers, effective today.
BOC Life joins referral network
The Hong Kong Mortgage Corporation Limited (HKMC) has expanded its referral network for the "HKMC Retire 3" products, authorizing BOC Group Life Assurance Company Limited (BOC Life) to refer these solutions to eligible customers.
This expansion includes the Reverse Mortgage Programme (RMP), the Policy Reverse Mortgage Programme (PRMP), and the HKMC Annuity Plan.
Mr Colin Pou, Executive Director and Chief Executive Officer of the HKMC, expressed appreciation for BOC Life's support, noting it will enable more customers to learn about the offerings.
He highlighted that these products have historically provided Hong Kong citizens with effective retirement planning solutions, generating lifelong payouts and enhancing the quality of their retirement lives.
The HKMC is committed to continued collaboration with institutions to step up promotion and assist citizens in retirement financial planning.
Securing lifelong income
The "HKMC Retire 3" products are designed to help Hong Kong citizens manage longevity risks by converting residential properties, life insurance policies, and savings into a stable, lifelong income.
This approach provides financial security throughout retirement, aligning with the HKMC's mission to enhance the quality of retirement life.
For comprehensive details on individual products and the full list of authorized referral institutions, customers can visit the official HKMC website (www.hkmc.com.hk) and the HKMC Annuity Limited (HKMCA) website (www.hkmca.hk).