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Father kayaks with child; image used for HSBC Insurance DIRECT – ValueTerm

DIRECT - ValueTerm

Insurance to give you the flexibility to plan while ensuring your budget isn't stretched

DIRECT - ValueTerm

A good family protection plan needs to be flexible enough to meet your evolving needs and enable you to continue fulfilling your aspirations without worry. DIRECT - ValueTerm gives you the flexibility to plan while ensuring your budget isn't stretched.

  • Flexibility to protect your lifestyle needs

    Flexible options of insurance cover1 term to choose from, either a 5 years renewable term, 20 years fixed term or a term of up to age 65 years.

  • Affordable protection

    The plan provides financial protection for you and your loved ones against untimely death, terminal illness and total permanent disability2.

  • Enhance your protection cover

    Include the optional benefit, DIRECT - Critical Illness benefit3 to enhance your protection cover and peace of mind.

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

Apply online

Get a quote and apply today.

For all policy servicing related enquiries please call (65) 6225 6111.

What else should I know?

As buying a life insurance policy is a long term commitment, an early termination of the policy usually involves high cost and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

More information

1The maximum sum insured that HSBC Insurance (Singapore) Pte. Limited can issue in respect of the same Life Insured for Direct Purchase Insurance products (DIRECT - ValueTerm and DIRECT - LifeProtector) is capped at S$400,000, with a sub-limit of S$200,000 cap for DIRECT - LifeProtector.

2The Total and Permanent Disability Benefit payable on all policies issued by HSBC Insurance (Singapore) Pte. Limited and other insurance companies for a Life Insured is capped at an aggregate of S$3,000,000 per life.

3The DIRECT - Critical Illness benefit payable on all policies issued by HSBC Insurance (Singapore) Pte Limited and other insurance companies for a Life Insured is capped at an aggregate of S$2,000,000 per life.


DIRECT - ValueTerm is underwritten by HSBC Insurance (Singapore) Pte. Limited (Reg. No. 195400150N).

This webpage contains only general information. It does not constitute an offer to buy or sell an insurance product or service. Copy of the product summary in relation to the product offered is available and can be obtained on this website. A person interested in this product should read the relevant product summary for details before deciding whether to buy this product as this product is sold online without any advice. Please also refer to the exact terms and conditions, specific details and exclusions applicable in the policy document.

Policy Owners' Protection Scheme

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 (LIA) or SDIC websites: or


Information is correct as at 31 May 2021.
This advertisement has not been reviewed by the Monetary Authority of Singapore.

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