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Father and son sharing a pinky promise , image used for HSBC savings protector insurance plan

Savings Protector

Seal your commitments to your loved ones.

Savings Protector Insurance Plan

Our Savings Protector plan provides assurance to your loved ones that they can count on the commitment you make. Seal your commitments with our Savings Protector which will not only protect your savings but provides flexibility to potentially earn higher returns.

Features & benefits

  • Protecting your commitments

    Whether it is planning for a comfortable retirement or providing for your children's education, our Savings Protector can help you to seal your goals. This plan is suitable if you wish to have a higher protection coverage to protect your financial goals.

  • Guarantee through thick and thin

    Our Savings Protector plan guarantee your capital1 at the end of the policy term even during a market downturn. You can also potentially enjoy higher payouts through non-guaranteed reversionary2 and terminal3 bonuses on maturity.

  • Flexibility to meet your goals 

    Our Savings Protector plan can be tailored to best fit your needs.

You can choose:

  1. Premium payment terms from 3 to 5 years to suit your financial situation.
  2. To draw out coupons4 (2.5% of the sum insured) every six months from the end of the third policy year to enjoy a steady income, or to reinvest the coupons to enjoy potentially higher return and yield at maturity.

Get in touch

Call us

Call 1800-HSBC NOW (4722 669)

For all policy servicing related enquiries, please call HSBC insurance cutsomer care hotline at (65) 6225 6111.

Find a branch

Visit us at any HSBC branch and talk to us in person.

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 cost and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

More information

1Capital is guaranteed at maturity through the guaranteed maturity benefit (inclusive of total guaranteed coupons) upon policy expiry without any claims. The guaranteed maturity benefit excludes any additional premiums paid for optional supplementary benefits.

2Reversionary bonuses are not guaranteed but once declared, it forms part of the guaranteed benefits of your policy.

3Terminal bonuses are not guaranteed and may be payable from the end of policy year 8.

4Coupons deposited will accumulate at the prevailing interest rate and is subject to change from time to time.


Savings Protector  is underwritten by HSBC Insurance (Singapore) Pte. Limited (Reg. No. 195400150N) and distributed by HSBC Bank (Singapore) Limited (“HSBC”). It is not an obligation of, a deposit in, or guaranteed by HSBC.

This webpage contains only general information and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. It does not constitute an offer to buy or sell an insurance product or service. A copy of the Product Summary is available and can be obtained from HSBC. A person interested in this product should read the relevant product summary for details and seek advice from your Relationship Manager before deciding whether to buy this product. Please also refer to the exact terms and conditions, specific details and exclusions applicable in the policy document.

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.


This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information is correct as at 1 June 2020.
This material is issued by HSBC Bank (Singapore) Limited.