Growth Cultivator

Investment-linked insurance - make the most of opportunities

Growth Cultivator - Life doesn't stop at one stage. Your insurance plan shouldn't either

Whether you are just starting your first investment or building on an existing portfolio, Growth Cultivator can meet your needs.

Growth Cultivator is a single premium investment-linked insurance plan that caters to your investment needs at different life stages, while protecting you from life’s unpleasant surprises.

This plan also comes with Harvester, a payout option that allows you to convert part or all of your accumulated investment into a ready stream of income. This flexible option offers you liquidity whenever you need it most.

Benefits at a glance

Choose from a wide range of funds to meet your needs
Depending on your investments objectives, you can take your pick from numerous funds, whether single country, regional or themed funds, that have been specially handpicked by professional fund managers.

Reap the fruits of your investment with Harvester
Harvester is an option that allows you to convert part or all of your accumulated investment into cash whenever you need it the most, while the remaining portion of your investment continues to stay invested.
Enjoy loyalty bonus of up to 3%
Receive up to 3% in bonus units* on the Accumulated Premium^# by the second policy anniversary, if your investment value is S$50,000 or more.
Take control with enhanced flexibility
As your income or lifestyle changes, you have the flexibility to increase your investment through top-ups or switching amongst funds to help you achieve your financial goals. The best part is that there is no cost involved when you switch from one fund to another.
Receive capital protection upon death or terminal illness
You can ensure a secure and more stable future for your loved ones with the death or terminal illness benefit, which is equivalent to at least 101% of your Accumulated Premium^#.
Add on extra protection to suit your lifestyle
As you cannot predict what may happen, it always pays to be extra careful. Simply add riders to further increase your coverage on life, disability or critical illness protection.
Sign up without any hassles
Signing up for the basic plan is easy as you do not need any underwriting requirements.

How it works

Plan details
Minimum single premium amount	S$5,000 (with subsequent investments in multiples of S$100)
Minimum Recurrent Single Premium (RSP) amount	S$100 per month (available only for GIRO)
Minimum top-up premium amount (ad-hoc or annual)	S$500
Bid offer spread	5%
Administrative charge	S$150 if initial investment amount is less than S$10,000
Bonus units*	Investment amount	Bonus units applicable
	S$18,000 and above;	1% on total investment at policy inception
	S$50,000 and above	1% on Accumulated Premium^# on first policy anniversary
		1% on Accumulated Premium^# on second policy anniversary
Withdrawal⁺	Partial withdrawal allowed (subject to a minimum of S$250 per withdrawal and minimum balance of S$1,000)
Payment mode	Cash, cheque or GIRO
Harvester option
Minimum investment value in HSBC's S$20,000 Growth Cultivator to activate Harvester	S$20,000
Payout options^	1. Fixed amount - regular withdrawal of a fixed amount of the accumulated investment**
	2. Fixed percentage - regular withdrawal of a fixed percentage of the accumulated investment**
	3. Fixed term - regular withdrawal of a part of the accumulated investment based on the chosen tenor of payout**
Payout modes	Monthly or annually
Monthly or annually	S$5 per payout

Act now

Phone: 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas.
Make an appointment with us today

^* Bonus units credited on second policy anniversary will be clawed back if there is full/partial withdrawal before the third policy anniversary.
^# Accumulated Premium = Single Premium + Top up + Recurring Single Premium - Withdrawals.
⁺ Surrender penalty applies to full/partial withdrawal before the second policy anniversary.
^{^} Surrender penalty applies if the Harvester payout option commences before the second policy anniversary. Bonus units credited to the Policy (on the second policy anniversary, if any), will be clawed back if the Harvester payout option commences before the third policy anniversary. The surrender penalty and the bonus units to be clawed back (if any) will be deducted from the Harvester options's payout amount.
^** Withdrawal amount must be greater than or equal to S$250 per payout.

Important notes
Growth Cultivator and Harvester payout option are underwritten by HSBC Insurance (Singapore) Pte. Limited (Reg. No. 195400150N), 21 Collyer Quay #02-01 Singapore 049320. 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 HSBC Insurance (Singapore) Pte. Limited or visit the LIA or SDIC web-sites (www.lia.org.sg or www.sdic.org.sg).

HSBC Insurance (Singapore) Pte. Limited’s authorised agents and 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 representation as to the accuracy, correctness, reliability or otherwise of the content of this webpages. Under no circumstances, including, but not limited to negligence, shall the Agents or any party involved in creating, producing or delivering the webpage 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 webpages, 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.