Keyman Insurance

HSBC's Keyman Insurance is a protection plan that ensures the continuity of your business by providing comprehensive coverage for your key executives.

From small firms to large companies, nearly every business insures their physical assets be it premises, machinery or stock inventory to mitigate any potential financial losses.

However, not all companies cover themselves against loss of their most vital asset - key executives of the company.

Loss of key executives can potentially result in serious financial consequences that eventually hinder the day-to-day operations of the business, and even the survival of the company.

Ensure the continuity of your business with Keyman Insurance

To run a business, you have to develop business strategies, build a loyal client base, manage the logistical efficiencies, hire and retain staff, and many more. The challenges are endless. However, dealing with uncertainties should not be one of them.

If your company has key executives who are critical to the company, and the loss of the key executives' skills, knowledge, experience and contacts would impact the company adversely, HSBC's Keyman Insurance plan is the ideal business solution for you.

HSBC's Keyman Insurance provide death, total and permanent disability and/or critical illness coverage for key executives of your company.

The payout from this plan will compensate the company for its financial losses which may result from a reduction in profitability, interruption of business operations or failure to service contractual commitments.

HSBC's Keyman Insurance safeguards your company, and ensure the continuity of your business.

Tailored to meet your business needs

HSBC's Keyman Insurance provides a choice of policy terms and coverage levels to fit every business' needs. All you need to do is:

Identify the key executives in your business

Executives who are vital to the success of your business.
Executives who are responsible for the profitability of your business.

Access the financial contributions of the key executives and determine the following

Level of protection
Type of protection
Tenure of protection

Benefits at a glance

HSBC's Keyman Insurance provides:

Protection for the company from financial losses resulting from death or incapacitation of key executives
Continuity of the business
Possible tax benefits to the company*

* Tax benefits apply to selected plans only. Please refer to your company's tax consultant for further advice.

Important notes

Keyman Insurance is underwritten by HSBC Insurance (Singapore) Pte. Limited, 10 Eunos Road 8 #11-01 Singapore Post Centre Singapore 408600. It is not an obligation of, deposit in or guaranteed by The Hongkong and Shanghai Banking Corporation Limited.

This webpage contains only general information. It does not constitute an offer to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. A person interested in this product should read and consider the Product Summary and Benefit Illustration in deciding whether to buy this product. You can ask for the Product Summary from our authorised agents or distributors, including The Hongkong and Shanghai Banking Corporation Limited.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually includes high cost and the surrender value payable may be less than the total premiums paid.

HSBC Insurance (Singapore) Pte. Limited's authorised agents or distributors, including The Hongkong and Shanghai Banking Corporation Limited (together "the Agents") are neither underwriter nor broker for the customer. To the fullest extent permissible pursuant to applicable law, the Agents make no warranties or representations as to the accuracy, correctness, reliability or otherwise of the content of this webpage. Under no circumstances, including, but not limited to neglience, shall the Agents or any party involved in creating, producing or delivering the webpage be liable to you for any direct, incidental, consequential, indirect, or punitive damages that result from the use of, or the liability to use, the information in this webpage, even if the Agents have been advised of the possibility of such damages.

The Agents and/or their employees will receive a commission from HSBC Insurance (Singapore) Pte. Limited in respect of this transaction. The Agents are not suppliers of the products and services and will not accept liability in relation thereto.

Issued by The Hongkong and Shanghai Banking Corporation Limited, which is incorporated in the Hong Kong SAR with limited liability.