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Grandfather and grandson playing video games at home; image used for HSBC Singapore Life Retirement Income.

HSBC Life Retirement Income

The future has never looked more promising

Plan for the retirement you promised yourself and your loved ones

It's a lot easier to dream about your ideal retirement than to prepare for it. But life as a retiree can be every bit as fulfilling as you imagine it to be – if you start planning early.


So, whether it's spending quality time with family, seeing the world, or perfecting your golf swing, having a regular income leaves you less worries in funding your retirement. HSBC Life Retirement Income gives you monthly financial support so you can keep the promises you’re most looking forward to.

Key Benefits

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Full Flexibility

Retire on your own terms. Tailor your policy so you can get closer to fulfilling your retirement aspirations.  Customise your plan with the following options:

  • Retirement Age at 55, 60, 65
  • Desired Guaranteed Monthly Payout from S$300
  • Flexible premium term options - Single Premium, 5 or 10 years
  • Income Payout Period with 10, 15, 20 years or to age 99
  • Fund your policy with cash or monies from Supplementary Retirement Scheme account1

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Secure Retirement Plan2

Life can be unpredictable. Complementing your existing government and private retirement plan (if any) with a retirement plan that offers greater security.

  • Unemployment Support Benefit:
    In case of Unemployment3, you have the option to defer premium payments for up to 365 days.
  • Waiver of Premium Benefit:
    All future premiums will be waived if you or your spouse is diagnosed with Total and Permanent Disability, or in the event of your spouse’s death.

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Additional Income

Keep your quality of life high. Receive additional guaranteed payouts should you suffer from unexpected illnesses.

  • Chronic Illness Care Benefit:
    Receive additional 100% of the Guaranteed Monthly Payout if diagnosed with Loss of Independence, Parkinson’s Disease, Alzheimer’s Disease/ Severe Dementia or Major Head Trauma.
  • Mobility Care Benefit:
    Receive a single lump sum payout worth 20 times Guaranteed Monthly Payout (up to S$25,000) if diagnosed with Osteoporosis with Fractures or Severe Rheumatoid Arthritis.


Get in touch

Call us on 1800-4722-669 or find your nearest branch to apply in person.

For all policy servicing related enquiries, please call (65) 6225 6111.

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 costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. It is also detrimental to replace an existing life insurance policy with a new one as the new policy may cost more or have fewer benefits at the same cost.

More Information

1This is only applicable to Policies where the Premium is paid in one lump sum (Single Premium payment term). 

2The benefits mentioned in this section are not available to Single Premium payment term.

3This is where you are unemployed by reason of your employment contract being terminated by your Employer on the ground of redundancy or by reason of any reorganisation of your Employer or your Employer’s business.


HSBC Life Retirement Income is underwritten by HSBC Insurance (Singapore) Pte .Limited (Ref.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 Life Insurance Association (LIA) or SDIC websites: or

Information is correct as at 31 May 2021.

This advertisement has not been reviewed by the Monetary Authority of Singapore.