Eric and May started a new chapter in their life with the arrival of their son, Adrian, two years ago. Like so many other Hong Kong couples, they work extremely hard to provide for their family while also trying to fulfil their life goals.
Family and career
Being a new father, Eric is eager to make a better life for his family amid the rising cost of living in Hong Kong. He has a great job with a multinational corporation, is ambitious and has strong career prospects. Eric began actively looking for medium-term savings products to safeguard his family and cover any ad-hoc financial needs.
May wants to fully dedicate herself to taking care of Adrian and preparing for his education. However, May knows how expensive higher education can be, and of the importance of starting to save for Adrian's college education. With this in mind, May decided to start work as a part-time office administrator.
Eric and May’s Story
Both May and Eric are enthusiastic runners and often participate in races together. Although they are both physically fit, they are still concerned about getting comprehensive medical protection early on in their lives. This need became more important when May’s mother was diagnosed with breast cancer two years ago.
Getting the right advice and support
Eric and May met their AIA agent Raymond to discuss their family’s needs. They were interested in the recommended set of products as they met their needs balancing affordability and the right level of protection. These included:
- A savings plan that helps Eric and May save with confidence and at the same time provide life insurance should the unforeseen happen.
- A critical illness plan that provides comprehensive cover against 54 critical illnesses, including various types of cancer.
- A savings plan that is specifically designed to help parents save for education and one that returns the savings and earnings when their son 18-21 years old and ready for college.