HSBC Life Insurance has the backing of the global HSBC brand. Life insurance is just one of the many products offered by this company, and HSBC can become a one-stop shop for many of your insurance and financial needs. From pet insurance to car insurance to banking services, HSBC can provide you with the services you want and need and do it in a way that’s convenient and beneficial.
There are many different options when it comes to HSBC Life Insurance. Here are some of the most popular offerings this company has today:
- LifeChoice. This type of cover will provide your beneficiaries with a lump sum payout of cash in the event that you die or are given a life expectancy of 12 months or less. This is the basic “fixed term” life insurance policy that you can get from any number of different providers, and is the base product on which many of the other HSBC Life Insurance family of products is based.
- SicknessChoice. This is one of the products that differentiates HSBC Life Insurance from many of its competitors. This cover will give you as much as half of your monthly gross salary in the event that you have an illness or injury that will keep you from working more than 30 days. The illness or injury must be certified by a medical doctor, and certain conditions aren’t eligible.
- UnemploymentChoice. This cover will pay you up to half of your gross salary if you find yourself out of work for more than 30 days.
- TraumaChoice. This type of cover is designed to help you if you get a terminal disease. This includes things like cancer, heart attack, MS, stroke, coronary artery disease and a number of other health conditions that are considered to be life-threatening.
One of the nice things about HSBC Life Insurance is that you can combine their various product offerings to suit your specific situation. For example, you might combine unemployment and sickness coverage along with your life insurance policy. You can tailor your insurance cover to your specific needs.
However we always recommend to shop around for the best deal as life insurance premiums can vary depending on your lifestyle and age. We compare the life insurance market to find you the best value deal, which is right for you. Get a quote today and discover your potential savings.