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HSBC Life Diamond Prestige IUL III

HSBC Life

Promo
Enjoy up to 12% discount on first premium

Category

Universal Life

Coverage

Death, Terminal Illness

Coverage Term

Whole Life

Overview

HSBC Life Diamond Prestige IUL II is a whole life non-participating universal life insurance plan denominated in United States Dollars (USD). This plan provides coverage on Death and Terminal Illness, along with a General Account that offers a minimum guaranteed crediting rate and opportunity for wealth accumulation via an Index Account, while offering protection from market downturns with a guaranteed minimum floor rate of 0% p.a. for the Index Account

Key Features

  • Allocate your premiums across one or multiple indices in multiples of 5%.
  • All index accounts offer protection from market downturns with a guaranteed floor rate
  • Death benefit instalment option where beneficiaries can receive the Death Benefit as a single lump sum or through an instalment payout option over 2 to 10 years
  • No-Lapse Guarantee Benefit provides safety net by maintaining your Sum Insured for the first 5 years, regardless of policy value fluctuations, provided certain premium requirements are met.
  • Choice of 6 index sub-accounts: S&P 500, Nasdaq-100, S&P Global Diversified, S&P 500 Pro Index, Gold Prestige Index, S&P U.S. Tactical Multi-Asset
  • Loyalty bonus: 13% Loyalty Bonus Multiplier for S&P 500 Pro Index Sub-Account, 6% Loyalty Bonus Multiplier for all other Index Sub-Accounts

Earn up to 45% commission rebates*

*For eligible insurance plans only

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Understanding Universal Life Plan

Universal life plans are a type of life insurance that provide lifelong coverage while building cash value over time, with flexibility to adjust premiums and coverage within certain limits. There are various types of universal life plans, and they can be structured either mainly for protection needs or to generate potential income and wealth accumulation.

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