LifeEnrich

* The revised premium quoted under FlexiPay is based on a guaranteed interest rate of 1.8% per annum. As and when the plan's original premiums are due, the FlexiPay premiums collected including any accumulated interest will be deducted to pay for the plan. Any premium not deducted will accumulate at a guaranteed interest rate of 1.8% per annum. An early withdrawal of FlexiPay usually involves high costs and the FlexiPay surrender value payable may be less than the total FlexiPay premiums paid. Any withdrawal of FlexiPay will result in the interest earned to be less than 1.8% per annum. The illustration is based on the assumption that premiums for FlexiPay are paid promptly. Any late payments on FlexiPay may render the interest credited under FlexiPay insufficient to pay for future premiums on the original plan. FlexiPay is applicable only for applicants from 30 years of age if the retirement age of 55 years is opted for, and 37 years of age if the retirement age of 62 years is opted for.
^# The prevailing interest rate is currently at 2.5% per annum. This interest rate is not guaranteed and is subject to change periodically. All accumulated interest will be paid out on the final payout.
⁺ The monthly premium quoted is based on HSBC's LifeEnrich plan for a 30-year old male non-smoker who makes payments throughout the whole policy term. Payment term can range from one year to 20 years if FlexiPay is opted for. The monthly premium amount ofS$324.70 would be revised to S$878.50 if the eight-year payment term is opted for.

Important notes

LifeEnrich 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 incurs high cost and the surrender value payable may be less than the total premiums paid.

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 your insurer or visit the LIA or SDIC web-sites (www.lia.org.sg or www.sdic.org.sg)

The Agents are neither underwriter nor broker for you. To the fullest extent permissible pursuant to applicable law, the Agents make no warranties or representation as to the accuracy, correctness, reliability or otherwise of the content of this marketing material. Under no circumstances, including, but not limited to negligence, shall the Agents or any party involved in creating, producing or delivering the marketing materials to 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 web site, 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 hereto.

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