Core Viewpoint - A new life insurance product known as "Guaranteed King" has gained popularity in Hong Kong, offering a minimum return of 2% and a dividend of 3.1%, leading to a total expected yield of 5.1%, significantly outperforming mainland products [1] Group 1: Product Features and Performance - The product allows for multi-currency options, policyholder flexibility, and the ability to split policies and convert currencies, making it highly competitive compared to mainland insurance [1] - A demonstration policy with an annual premium of 100,000 yuan shows that the cash value with dividends reaches parity with premiums paid by the eighth policy year, indicating a potential break-even point [2] - The internal rate of return (IRR) of 5.1% is only achievable by the 98th policy year, with a lower IRR of 4.50% by the 20th year, highlighting the long-term nature of the investment [2][3] Group 2: Risks and Consumer Awareness - High returns often come with high risks, and the advertised "high yield" may not be reliable due to market fluctuations affecting actual dividends [3] - Consumers are advised to understand the risks associated with overseas insurance products, including lack of legal protection in mainland China, currency risks, and potential high costs of claims and disputes [5][7] - Regulatory bodies have issued warnings about the risks of purchasing overseas insurance, emphasizing the importance of understanding product terms, fee structures, and the implications of currency fluctuations [7][8] Group 3: Market Dynamics and Sales Practices - The push for Hong Kong insurance products is driven by the disparity in product interest rates between mainland and Hong Kong markets, as well as higher commission rates for agents in Hong Kong [4] - Agents may exaggerate the high yield characteristics of these products to attract customers, which can lead to misunderstandings about actual returns [4][6] - Consumers are encouraged to choose reputable institutions and agents, verify credentials, and thoroughly understand policy details to avoid potential pitfalls [6]