DIRECT – HSBC Life Protector II

Your benefits at a glance:

Call us on (65) 6880 4888 or visit us at our Customer Service Centre located at 38 Beach Road #03-11, South Beach Tower Singapore 189767.

Buying a life insurance policy is a long term commitment. An early termination of the policy usually incurs a high cost and the surrender value payable may be less than the total premiums paid.

The policyowner has to be the life insured and not a third party (e.g. parent or spouse).

¹The total and permanent disability benefit payable on all policies issued by HSBC Life (Singapore) Pte. Ltd. and other insurance companies for a life insured is capped at an aggregate of S$3,000,000 per life.

²The maximum sum insured that HSBC Life (Singapore) Pte. Ltd. can issue in respect of the same life insured for Direct Purchase Insurance products is capped at S$400,000, with a sub-limit of S$200,000 cap for DIRECT – HSBC Life Protector II.

³The reversionary and terminal bonuses are not guaranteed. With regard to the reversionary bonus, once declared it forms part of the guaranteed benefits of your policy.

⁴The DIRECT - Critical Illness Benefit II payable on all policies issued by HSBC Life (Singapore) Pte. Ltd. and other insurance companies for a life insured is capped at an aggregate of S$2,000,000 per life.

DIRECT – HSBC Life Protector II is underwritten by HSBC Life (Singapore) Pte. Ltd. (Registration number 199903512M).

This webpage contains only general information and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. This is not a contract of insurance and is not intended as an offer or recommendation to buy the product. A copy of the product summary may be obtained from our authorised product distributors. You should read the product summary before deciding whether to purchase the product. You may wish to seek advice from a Financial Planner before making a commitment to purchase the product. In the event that you choose not to seek advice from a Financial Planner, you should consider whether the product in question is suitable for you. Please refer to the general provisions for the exact terms and conditions, specific details and exclusion of this product. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually incurs high cost and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. It is also detrimental to replace an existing life insurance policy with a new one as the new policy may cost more or have fewer benefits at the same cost.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association Singapore (LIA) or Singapore Deposit Insurance Corporation (SDIC) websites: (www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is correct as at 1 August 2024.