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Retirement Income II

The future has never looked more promising.

Plan for the retirement you promised yourself and your loved ones

It's a lot easier to dream about your ideal retirement than to prepare for it. And life as a retiree can be every bit as fulfilling as you imagine it to be - if you start planning early.


So whether it's spending quality time with family, seeing the world or perfecting your golf swing, having a regular income leaves you with fewer worries in funding your retirement. HSBC Life Retirement Income II gives you monthly financial support so you can keep the promises you're most looking forward to.

Key Benefits

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Full Flexibility

Retire on your own terms. Tailor your policy so you can get closer to fulfilling your retirement aspirations.  Customise your plan with the following options:

  • Retirement age at 55, 60, 65 or 70
  • Desired Guaranteed Monthly Payout from SGD300
  • Flexible premium term options - Single Premium, 5 or 10 years
  • Income Payout Period with 10, 15, 20 years or to age 99
  • Fund your policy with cash or monies from Supplementary Retirement Scheme account1

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Secure Retirement Plan2

Life can be unpredictable. Complementing your existing government and private retirement plan (if any) with a retirement plan that offers greater security.

  • Unemployment Support Benefit:
    In case of Unemployment3, you have the option to defer premium payments for up to 365 days.
  • Waiver of Premium Benefit:
    All future premiums will be waived if you or your spouse is diagnosed with Total and Permanent Disability, or in the event of your spouse’s death.

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Additional Income

Keep your quality of life high. Receive additional guaranteed payouts should you suffer from unexpected illnesses.

  • Chronic Illness Care Benefit:
    Receive an additional 100% of the Guaranteed Monthly Payout if diagnosed with loss of independence, Idiopathic Parkinson's Disease, Alzheimer's Disease/Severe Dementia or Major Head Trauma.
  • Mobility Care Benefit:
    Receive a single lump sum payout worth 20x the Guaranteed Monthly Payout (up to SGD25,000) if diagnosed with Osteoporosis with Fractures or Severe Rheumatoid Arthritis.

Get in touch

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

For all policy servicing related enquiries, please call (65) 6880 4888.

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 costs 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.

More Information

1This is only applicable to Policies where the Premium is paid in one lump sum (Single Premium payment term).

2The benefits mentioned in this section are not available to Single Premium payment term.

3This is where you are unemployed by reason of your employment contract being terminated by your Employer on the ground of redundancy or by reason of any reorganisation of your Employer or your Employer’s business.


HSBC Life Retirement Income II is underwritten by HSBC Life (Singapore) Pte. Ltd. (Reg. No.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 from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek 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 ( or

Information is correct as at 1 February 2024.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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