ValueTerm Protection - HSBC SG Insurance

ValueTerm

Greater peace of mind shouldn't come at a price you'd lose sleep over. Give your loved ones the reassurance with ValueTerm, an affordable and flexible life insurance plan that provides comprehensive coverage against death and total and permanent disability.

Download brochure (PDF, 678 KB) for ValueTerm insurance. This will open in a new window. This link will open in a new window

Benefits

Affordable protection

Enjoy life insurance coverage up to 90 years of age and secure the financial future of your loved ones if something unforeseen happens to you. This peace of mind is yours to enjoy at an affordable amount.

Insurance coverage is available for a term of 10 to 30 years or until age 55, 60, 65, 70, 75, 80, 85 or 90. You can choose the term of your insurance cover according to your needs.
Disability coverage

Total and permanent disability coverage before you turn 65 years of age to help pay for medical and rehabilitation treatments.

Level premiums

Be assured that as you grow older and the need for life insurance coverage grows, the premium amount on your ValueTerm plan stays the same as the day that you start to pay your first premium - guaranteed.
Flexibility to enhance your coverage

ValueTerm gives you the option to add a critical illness rider, in which the benefit accelerates the Sum Assured of the Policy upon diagnosis of one of the 37 covered critical illnesses, the accelerated portion of the basic sum insured is paid in one lump sum. Thereby helping to focus on recovery without having to worry about medical costs, incomes loss or other expenses.

How it works
Profile	Coverage requirements	ValueTerm premium
45 year-old age next birthday, male, and non-smoker	Sum assured of $1,000,000 up to age 65	Annually: S$2,650 or daily: S$3
35 year-old next birthday, female, and non-smoker	Sum assured of $1,000,000 up to age 65	Annually S$1,120 or daily: S$3

How it works
Profile	45 year-old age next birthday, male, and non-smoker
Coverage requirements	Sum assured of $1,000,000 up to age 65
ValueTerm premium	Annually: S$2,650 or daily: S$3

Profile	35 year-old next birthday, female, and non-smoker
Coverage requirements	Sum assured of $1,000,000 up to age 65
ValueTerm premium	Annually S$1,120 or daily: S$3

Get in touch

Call us on 1800-4722-669 or find your nearest branch to apply in person.

Find a branch to apply for ValueTerm in person

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.

More information

Disclaimer

ValueTerm is underwritten by HSBC Insurance (Singapore) Pte. Limited (Reg. No. 195400150N), 21 Collyer Quay #02-01 Singapore 049320 and distributed by HSBC Bank (Singapore) Limited ("HSBC"). It is not an obligation of, a deposit in, or guaranteed by, HSBC.

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. It does not constitute an offer to buy or sell an insurance product or service. A copy of the Product Summary in relation to ValueTerm is available and can be obtained from our authorized product distributor. A person interested in this product should read the relevant product summary for details before deciding whether to buy 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 Life Insurance Association of Singapore (LIA) or SDIC websites: www.lia.org.sg or www.sdic.org.sg.

Information is correct as at 29 May 2019.
This material is issued by HSBC Insurance (Singapore) Pte. Limited.
This advertisement has not been reviewed by the Monetary Authority of Singapore.