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HSBC Life Variable Annuity

An extraordinary variable annuity plan for an extraordinary retirement.

Dedicate your life to your greatest pursuits

And do it with the peace of mind that comes with a secured future.


HSBC Life Variable Annuity is a capital guaranteed1 retirement solution that is designed to provide you with a stream of guaranteed monthly retirement income.


A one-time investment in US dollars, this plan helps to boost your retirement income by giving you the chance to benefit from market upside performance and protect against downside risk.

Key features

  • Capital guaranteed - HSBC Life Variable Annuity retirement solution keeps your capital safe while you stay invested.
  • Benefit from market upsides / Protection when market falls - Your Guaranteed Payout Base (GPB) is locked-in based on the higher account value, whenever it increases on every monthiversary2 of your policy. It will never decrease once it is locked-in3.
  • Receive a stream of guaranteed monthly payouts and potential lump sum at the end of the policy term to fund your retirement.
  • High liquidity - access your account value4 any time without charge!

Unique benefits

A family having breakfast.

Access to HSBC Life FlexConcept Fund (USD) specially managed by Hauck & Aufhäuser Fund Services S.A..

How it works

Get in touch

To know more about Variable Annuity you can speak to any of our authorised distributors listed below :

Availlis Financial logo.

Avallis Financial Pte Ltd

Call  : (65) 62205333

Visit :

Financial Alliance logo.

Financial Alliance Pte Ltd

Call  : (65) 62221889
Visit :

Finexis logo.

Finexis Advisory Pte. Ltd

Call : (65) 6341 5300
Visit :

Gen Financial Advisory logo.

GEN Financial Advisory Pte Ltd

Call  : (65) 6589 8388
Visit :

Infinitum logo

Infinitum Financial Advisory Pte. Ltd

Call  : (65) 6681 5785
Visit :

IPP Financial Advisers logo.

IPP Financial Advisers Pte Ltd

Call  : (65) 65118800
Visit :



Call  : (65) 6622 7741
Visit :

PFP logo


Call  : (65) 6470 9393
Visit :

Phillip Securities logo

Phillip Securities Pte Ltd

Call  : (65) 6531 1555
Visit :

PIAS logo.

Professional Investment Advisory Services Pte Ltd

Call  : (65) 6372 5700
Visit :

Promise Land logo.

Promiseland Independent Pte Ltd

Call  : (65) 6505 4100
Visit :

SG Alliance logo

SG Alliance Pte Ltd

Call  : (65) 6866 3113
Visit :

Synergy Financial Advisers logo.

Synergy Financial Advisers Pte Ltd

Call  : (65) 66541888
Visit :


Call HSBC on 1800-4722-669

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. It's 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

1Your capital is guaranteed only if you hold the policy to the end of the policy term and provided you have not made any partial withdrawals. The total amount of the monthly payout that you will receive will at least be equal to the amount of your invested capital.

2Monthiversary refers to the day falling on monthly intervals, starting on the issue date of the policy.

3The highest monthly account value "lock-in" feature ("ratchet" feature) retains the market upside performance (i.e. lock-in the highest monthly account value which will not be adjusted downward subsequently) during the chosen Policy term. The locked-in value will then determine the monthly payout amount during the payout period selected. If you hold this Policy until maturity, the aggregate monthly payout received is guaranteed to be at least 100% of the single premium paid. The Guaranteed Payout Base (GPB) is only used to determine the monthly payout amount and if you surrender your Policy before maturity or make any partial withdrawal during the policy term, you will only receive the prevailing account value (and not the GPB amount).

4A full withdrawal of units is considered a surrender of your Policy and your Policy will terminate. Any partial withdrawal will reduce your Policy account value accordingly and the Guaranteed Payout Base, monthly payout and Sum Insured proportionately. If you surrender your Policy before maturity or make any partial withdrawal during the policy term, you will only receive the prevailing account value (and not the GPB amount).


HSBC Life Variable Annuity is underwritten by HSBC Life (Singapore) Pte. Ltd. (Reg. No.199903512M).

This webpage contains general information only and does not have regard to the specific investment objectives, financial situation and 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 exclusions of this product.

HSBC Life (Singapore) Pte. Ltd. reserves the right to review and amend the subscription of units and fees including the Asset Management Fee/Accounting and Valuation Fee by giving you at least 30 days' advance notice.

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 2023.

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

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