Protection products
You can’t choose your family, but you can choose how to protect them
If you’re struggling to pay your Life Cover monthly premiums because of coronavirus, help is available. Please visit our Frequently Asked Questions page for more information. Alternatively, please contact our HSBC Life Protection Plan Support team at Support@lifeprotectionplan.hsbc.co.uk or 0333 207 5563 to find out more.
You can’t choose your family, but you can choose how to protect them
Our cover can’t save a life or cure you of a critical illness, but it can help protect you and your loved ones from unnecessary financial burden.
Helping families to protect their finances today and in the future in the event of suffering a critical illness or upon death
Protecting the outstanding repayments of a mortgage in the event of your death or you suffering a critical illness
If you need access to medical professionals or the current thinking on health and wellness issues
How long would you manage if you were unable to work due to a critical illness, without sick pay?
If you are looking to add to your company’s Death in Service benefit, we are here to help
Any time you have a new life event – your first mortgage, getting married, children, moving on
Discover our selection of Life and Critical Illness products to see what meets your individual requirements. Whether it’s protecting your mortgage or looking to leave assets or legacies, we are here to help.
HSBC Life Protection | HSBC Critical Illness | HSBC Critical Illness Plus | HSBC Life and Critical Illness | HSBC Life and Critical Illness Plus | |
---|---|---|---|---|---|
Death Benefit — a lump sum payment on death | |||||
*Terminal Illness Benefit — a lump sum payment on earlier Diagnosis of a Terminal Illness | |||||
Critical Illness Benefit — (full payment condition) – a lump sum payment on diagnosis of one of the specified Critical Illnesses or when you undergo a specified surgical procedure | |||||
Critical Illness Benefit — (additional payment condition) – a specific lump sum payment on diagnosis of one of the specific Critical Illnesses or when you undergo a specific surgical procedure | The lower of £25,000 or 25% of the sum assured | The lower of £50,000 or 50% of the sum assured | The lower of £25,000 or 25% of the sum assured | The lower of £50,000 or 50% of the sum assured | |
Increase policy cover amount — option to increase your cover amount in specified circumstance without the need for further underwriting | |||||
Interim Cover — if you are taking the Policy out in connection with a UK residential mortgage, free cover is provided until your policy commences | |||||
Hospitalisation benefit due to accidental injury — a £5,000 lump sum payment following an accident that results in physical injury which requires the Life Insured to stay in hospital for 30 or more consecutive days | |||||
Children’s Critical Illness Benefit (i) — (full payment condition) – a specific lump sum payment upon diagnosis of a specified Critical Illnesses or a specified surgical procedure relating to a dependent child | The lower of £25,000 or 50% of the sum assured | The lower of £50,000 or 50% of the sum assured | The lower of £25,000 or 50% of the sum assured | The lower of £50,000 or 50% of the sum assured | |
Children’s Critical Illness Benefit (i) — (additional payment condition) – a specific lump sum payment upon diagnosis of a specified surgical procedure relating to a dependant | The lower of £25,000 or 25% of the sum assured | The lower of £30,000 or 50% of the sum assured | The lower of £25,000 0r 25% of the sum assured | The lower of £30,000 or 50% of the sum assured | |
Children’s Hospital Benefit — £100 per day where a dependent child is required to stay in hospital between 7 and 30 consecutive nights | |||||
Children’s Bereavement Assistance — a lump sum payment to assist with costs in relation to the death of any dependent Child/Children during the Policy term | £5,000 | £10,000 | £5,000 | £10,000 | |
Separation benefit — in the event that the Lives Insured separate, under this benefit a joint Policy can be split into two single Policies without the need for any further medical information, allowing the Lives Insured the option to continue their cover independently | |||||
Optional benefit | |||||
Total Permanent Disability |
*Note: Terminal Illness claims for our HSBC Life Protection Policy cannot be made within the last 18 months of the Policy term.
(i) Children’s Critical Illness Benefit covers any Child of a Life Insured (including natural, step and legally adopted Children of the Life Insured).
Please note: This table is for illustration purposes only and does not replace the full product terms and conditions. These, along with full details of the policy features and benefits, can be found in the Policy Booklet.
Access a world of healthcare from your phone, anytime, wherever you are. Your options will depend on which type of HSBC Life cover you have taken out. These services are available for existing and new policies.
HSBC Life Protection | HSBC Critical Illness | HSBC Critical Illness Plus | HSBC Life and Critical Illness | HSBC Life and Critical Illness Plus | |
---|---|---|---|---|---|
Second Medical Opinion | |||||
Remote GP Consultation | |||||
Prescription Services | |||||
Physiotherapy | |||||
Mental Health Support | |||||
Health MOT |
Download the Policy Booklet to find out more about cover options and benefits
Download the Policy Booklet to find out more about cover options, conditions covered and benefits
Download the Policy Booklet to find out more about cover options, conditions covered and benefits
Get the full details of the 6 key services from our customer guide
Find out more about our tax-efficient, low-cost way to invest for growth, to supplement an income, or pass assets to your family or pass on assets when you’re gone.
Click to view page: Onshore Investment Bond Guide