HSBC Jubilee Wealth Insurance Plan

HSBC HK
Insurance
Savings and retirement
HSBC Jubilee Wealth Insurance Plan

Build your wealth through diverse asset allocation

Grow your wealth stably and significantly with HSBC Jubilee Wealth Insurance Plan that has a high policy value when the policy begins, and a diversified portfolio strategy including access to private asset classes. You can also fine-tune your plan with several wealth management options, to prepare for a comfortable retirement.

HSBC Premier Elite and Premier customers can contact your Premier Elite Director or Relationship Managers directly to learn more.

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Key benefits

Wealth accumulation

Grow your policy value starting with 85% of the premium paid as Guaranteed Cash Value when policy begins. Plus, get more returns with the Terminal Bonus[@insurance-jwip-tb]

Long term competitive returns

Enjoy competitive returns in the long run with our diversified investment portfolio, which includes private assets classes

Flexible wealth allocation

Option to split your policy into up to 3 new policies with the Policy Split Option[@insurance-jwip-splitpolicy] from the 5^th policy anniversary and flexibly manage different financial needs for different life stages

Transfer the policy coverage

You can change the insured person[@insurance-jwip-lifeinsured] unlimited number of times after the 1^st policy anniversary, or nominate a contingent policyholder to manage any juvenile policies you may have

Special offers — Enjoy up to 4% off

Enjoy up to 4% off your single premium plus an additional 0.15% off for select customers. T&Cs apply.
Enjoy preferential interest rate on time deposit after successfully applied for this plan. T&Cs apply.
Receive an extra 0.6% RewardCash rebate[@insurance-zeropointsix-rc-rebate] of up to $600 RewardCash per policy, by applying for HSBC Life's selected insurance plans using an eligible HSBC Visa credit card. T&C apply.

How to apply

Eligibility

To apply for our HSBC Jubilee Wealth Insurance Plan, you'll need to meet both of these requirements:

The insured person must be aged between 15 days after birth and 75 years[@insurance-jwip-age]
Meet our criteria for nationality (country/region/territory), address and residency – which are subject to change from time to time

HSBC Jubilee Wealth Insurance Plan is a life insurance plan with a savings element, underwritten by HSBC Life (International) Limited ("HSBC Life"). It is not equivalent or similar to a bank deposit. Policyholders are subject to HSBC Life's credit risk and early surrender loss.

Useful documents

Talk with us

HSBC Premier Elite or Premier customer?

Contact your Premier Elite Director or Relationship Manager. HSBC Premier customers can also call us on (852) 2233 3322.

Find out more

Policy summary
	Summary
Issue age[@insurance-jwip-age]	15 days after birth to age 75
Premium payment period	Single premium / 3 years
Policy term	25 years
Policy currency	USD
Minimum policy amount	USD250,000

Policy summary
	Issue age[@insurance-jwip-age]
Summary	15 days after birth to age 75

	Premium payment period
Summary	Single premium / 3 years

	Policy term
Summary	25 years

	Policy currency
Summary	USD

	Minimum policy amount
Summary	USD250,000

This additional benefit will be included in the policy at no extra cost.

Additional lump sum payout for accidental death

If the insured person passes away in an accident before the policy term ends or upon age[@insurance-jwip-age] 80 whichever is earlier, the beneficiaries will get an extra 30% of the total premium paid[@insurance-totalpremiumjwip6] on top of the death benefit payable as an additional accidental death benefit[@insurance-jwip-accidentaldeath]
Pause premium payments if you're unemployed
If you are unemployed for at least 30 consecutive days before the age[@insurance-jwip-age] of 65, our unemployment benefit[@unemploymentbenefitjwip] gives you an extended grace period of up to 365 days on your premium payments without affecting the insured person's full protection under the policy

This plan offers two death benefit settlement options. The beneficiaries listed will receive the death benefit as either:

a lump sum payment; or,
regular instalments (applicable to policies without any assignments only)

The policyholder can choose their preferred option when they apply for the policy or after the policy has been issued.

Please refer to product brochure for more details.

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A single-premium life insurance plan offering the opportunity for long-term capital growth and guaranteed cash value at 85% of the premium paid during the early years

HSBC Paramount Global Life Insurance Plan

A comprehensive policy that offers you life protection, potentially increases your savings and helps you plan your legacy

Jade Universal Life Plans

Customisable universal life insurance plans that help you preserve your wealth and pass on your legacy

Your policy at your fingertips

Get easy access to your policy details, future policy projections, make changes to your policies and more, all via online or mobile banking

Notes

HSBC Jubilee Wealth Insurance Plan is a life insurance plan with a savings element and non-guaranteed returns underwritten by HSBC Life (International) Limited ("HSBC Life") which is authorised and regulated by the Insurance Authority ("IA") to carry on long-term insurance business in the Hong Kong SAR. It is not a bank deposit or bank savings plan. Please refer to the product brochure for detailed features and the policy provisions for the detailed terms and conditions.

HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Group's insurance underwriting subsidiaries. The Hongkong and Shanghai Banking Corporation Limited ('HSBC') is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an agency of HSBC Life for the distribution of life insurance products in the Hong Kong Special Administrative Region. This product is a product of HSBC Life but not HSBC and it is intended only for sale in the Hong Kong SAR. If the policyholder discontinues and / or surrenders the insurance plan in the early policy years, the amount of the benefit he / she will get back may be considerably less than the amount of the premium he / she has paid. Your benefit is subject to the credit risk of HSBC Life. Your premiums paid will form part of HSBC Life's assets. You do not have any rights or ownership over any of those assets. Your recourse is against HSBC Life only.

In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between HSBC and you out of the selling process or processing of the related transaction, HSBC is required to enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the above insurance product should be resolved between HSBC Life and you directly.