Cover you and your spouse's life, for a little cost. You or the named beneficiary be paid a cash sum, in the event of death, critical illness or personal and total disability* cover with Term Life insurance. Life assurance.
Life cover - pays a cash sum if you pass away
Critical Illness cover - pays a cash sum if you are diagnosed with a critical illness during your policy
Permanent and Total Disability Cover - pays a cash sum if you suffer from a disability and are unable to work
Get high levels of cover - for relatively low premiums based on your circumstances
Option to add extra benefits, including critical illness, permanent and total disability
What is Critical Illness Cover?
Guaranteed level term life insurance
It pays a cash sum if, during the cover term, the insured is first diagnosed with a specified Critical Illness that meets the policy definition.
What options are available when setting it up?
One chooses how much Life cover, Permanent and Total Disability or Critical Illness Cover one needs and how long one wants it to last.
One can set it up on one's life so the cover is paid if, during the cover term, one dies, or is first diagnosed with a Critical Illness or Disability that meets the policy definition. Alternatively, One can set it up on two lives so the Life or Earlier Critical Illness Cover is paid if, during the cover term one of the lives assured dies or is first diagnosed with a Critical Illness or Disability that meets the policy definition, whichever happens first.
When does Critical Illness Cover pay out?
The cover will be paid if, during the cover term, the insured is first diagnosed with a Critical Illness that meets the policy definition.
Can my premiums change in the future?
The premium amount is guaranteed for the life cover throughout the term while the premium for Critical Illness will be reviewed at certain points in time within the term of the policy by the insurance provider.
Do I get my money back at the end on the policy term?
No, there will be no cash value
Ready to apply?
Start the process using any of the following options
This Life Insurance plan is provided and underwritten by Zurich International Life.
How to start a life insurance policy
This is only general information and does not constitute an offer to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. A person interested in this product should read and consider the Product Brochures, Product Summary and Benefit illustration in deciding whether to buy this product. You can ask for these documents from any of our Branches.
Buying a life insurance plan is a long-term commitment. An early termination of the plan usually incurs high cost and the surrender value payable (if applicable) may be less than the total premiums paid. The terms & conditions applicable to these products will be of Zurich International Life and the applicant or the plan holder will not hold HSBC responsible for processing, claims or otherwise.
For the avoidance of doubt, HSBC does not provide tax advice and you should seek your own external tax advice in relation to this product.