--- title: "CHOW TAI FOOK Life Insurance collaborates with mortgage securities companies to refer reverse mortgage and elderly mortgage plans" type: "News" locale: "en" url: "https://longbridge.com/en/news/281331294.md" description: "CHOW TAI FOOK Life Insurance has partnered with a mortgage securities company to launch the \"Policy Reverse Mortgage Plan\" and the \"Elderly Mortgage Plan,\" providing customers with new options for retirement wealth management. This collaboration aims to address the aging population issue in Hong Kong and meet the growing demand for retirement protection. Executive Director of CHOW TAI FOOK Life Insurance, Eddie Wu, stated that this plan will provide customers with a stable source of income, helping them better plan their retirement life. The mortgage securities company also looks forward to promoting the program through this collaboration to facilitate the development of Hong Kong's silver economy" datetime: "2026-04-01T08:42:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281331294.md) - [en](https://longbridge.com/en/news/281331294.md) - [zh-HK](https://longbridge.com/zh-HK/news/281331294.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281331294.md) | [繁體中文](https://longbridge.com/zh-HK/news/281331294.md) # CHOW TAI FOOK Life Insurance collaborates with mortgage securities companies to refer reverse mortgage and elderly mortgage plans Chow Tai Fook Life Insurance announced today a collaboration with a mortgage securities company to provide an additional option for clients' wealth management needs during retirement through the referral of the "Policy Reverse Mortgage Plan" and the "Elderly Mortgage Plan." This collaboration combines Chow Tai Fook Life Insurance's retirement financial products with the mortgage securities company's reverse mortgage solutions to create a comprehensive retirement planning scheme that meets clients' financial needs at different stages. As Hong Kong's population rapidly ages, the demand for retirement protection is increasing day by day. According to the latest population estimates from the Census and Statistics Department, the proportion of elderly people aged 65 and above in Hong Kong will rise from 20.6% in 2021 to 36% in 2046, indicating a significant aging trend. With citizens living longer, the retirement period is correspondingly extended, leading to increased living expenses, and the demand for stable and sustainable retirement income and financial arrangements is also growing. Chow Tai Fook Life Insurance actively responds to the government's encouragement for citizens to plan for retirement early and promote the silver economy, collaborating with the mortgage securities company to jointly promote the "Policy Reverse Mortgage Plan" and the "Elderly Mortgage Plan," providing clients with stable income to enhance their retirement quality of life and create diversified, flexible, and secure retirement financial solutions. Chow Tai Fook Life Insurance Executive Director and CEO Ye Wenjie stated, "In the face of Hong Kong's rapidly aging population, retirement planning requires a more comprehensive solution. We are pleased to partner with the mortgage securities company to provide clients with a stable income source and an additional financial management option during retirement through the referral of the 'Policy Reverse Mortgage Plan' and the 'Elderly Mortgage Plan,' assisting them in building a more complete retirement plan and fulfilling our commitment to creating new value in insurance." Mortgage Securities Company Executive Director and President Bao Keyun stated, "The 'Policy Reverse Mortgage Plan' and the 'Elderly Mortgage Plan' assist retirees in converting life insurance policies or residential properties into a stable monthly income, thereby enhancing their quality of retirement life. We are pleased to collaborate with Chow Tai Fook Life Insurance to promote these solutions to a broader client base, in line with the government's response to the challenges of an aging society and to promote the development of Hong Kong's silver economy." 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