Dedicate your life to your greatest pursuits
And do it with the peace of mind that comes with a secured future.
HSBC Life Variable Annuity is a capital guaranteed1 retirement solution that is designed to provide you with a stream of guaranteed monthly retirement income.
A one-time investment in US dollars, this plan helps to boost your retirement income by giving you the chance to benefit from market upside performance and protect against downside risk.
- Capital guaranteed - HSBC Life Variable Annuity retirement solution keeps your capital safe while you stay invested.
- Receive a stream of guaranteed monthly payouts and potential lump sum at the end of the policy term to fund your retirement.
- High liquidity - access your account value4 any time without charge!
Access to HSBC Life FlexConcept Fund (USD) - specially managed diversified fund managed by MEAG - one of world's leading asset management companies with EUR270 billion assets under management as of 30 June 2019.
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's 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.
1Your capital is guaranteed only if you hold the policy to the end of the policy term and provided you have not made any partial withdrawals. The total amount of the monthly payout that you will receive will at least be equal to the amount of your invested capital.
3The highest monthly account value "lock-in" feature ("ratchet" feature) retains the market upside performance (i.e. lock-in the highest monthly account value which will not be adjusted downward subsequently) during the chosen Policy term. The locked-in value will then determine the monthly payout amount during the payout period selected. If you hold this Policy until maturity, the aggregate monthly payout received is guaranteed to be at least 100% of the single premium paid. The Guaranteed Payout Base (GPB) is only used to determine the monthly payout amount and if you surrender your Policy before maturity or make any partial withdrawal during the policy term, you will only receive the prevailing account value (and not the GPB amount).
4A full withdrawal of units is considered a surrender of your Policy and your Policy will terminate. Any partial withdrawal will reduce your Policy account value accordingly and the Guaranteed Payout Base, monthly payout and Sum Insured proportionately. If you surrender your Policy before maturity or make any partial withdrawal during the policy term, you will only receive the prevailing account value (and not the GPB amount).