Realising your promises with Life Protect Advantage II
A simple participating whole life plan, HSBC Life Protect Advantage II is designed to help you keep your promises to your family despite life's unexpected changes.
It offers flexibility to enhance your coverage with exclusive riders throughout the policy term, and also to accumulate policy cash value with guaranteed and non-guaranteed bonuses, which may be declared from time to time.
Death and Terminal Illness up to age 99.
Total and Permanent Disability up to age 70.
Flexible Premium Term
Choose from 10, 15, 20 or 25 years.
Life Advantage Multiplier II
Boost coverage by up to 5x the sum insured until age 70.
Enjoy greater coverage with these one-of-a-kind benefits:
Guaranteed Family Waiver
Dealing with the death of a family member is stressful. During these times, the least we can do is to reduce your financial burden. Guaranteed Family Waiver is a unique feature in the market that promises that all your future premiums will be waived after the unexpected loss of your spouse or parent1.
Life Extender Multiplier
The economy can be unpredictable due to market volatility. Life Extender Multiplier ensures that you are well covered until the end of your policy term, by giving you the flexibility to keep your multiplier up to age 99. You can opt for this option every 5th policy anniversary or during specific life stages before age 60. Fund it with additional premiums or request a policy loan.
Guaranteed Insurability Option
As you journey through different life stages, your needs evolve. With Guaranteed Insurability Option, you are eligible to buy any life insurance plan2 offered by us, without having to undergo any medical underwriting.
Early Critical Protect Advantage II
Covers early, intermediate and advanced stages of critical illnesses.
Critical Protect Advantage II
Covers advanced stage of critical illnesses.
Critical Wavier Protect Advantage II
Waives future premiums upon diagnosis of advanced stage of critical illnesses.
To know more about HSBC Life Protect Advantage II and the riders available, you can speak to any of our authorised distributors listed below:
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. 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.
HSBC Life Protect Advantage II is underwritten by HSBC Insurance (Singapore) Pte. Limited (Reg. No. 195400150N).
This webpage contains general information only 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 adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. Please refer to the policy contract for the exact terms and conditions, specific details and exclusion of this product.
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 LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
Information is correct as at 28 June 2021.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Savings Protector II
Commitment is staying true to your goals for the future.