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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.

How our life and critical illness products compare

Meeting your clients’ protection needs

At a glance

We have a selection of protection products for life and critical illness cover, designed to meet the needs of your clients and their families.

  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 of the sum assured on diagnosis of one of the specified Critical Illnesses or when you undergo a specified surgical procedure
Critical Illness Benefit — (additional payment condition) – a specified lump sum payment on diagnosis of one of the specified Critical Illnesses or when you undergo a specific 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 specified 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 specified 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 25% of the sum assured The lower of £30,000 or 50% of the sum assured The lower of £25,000 or 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 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
  • * 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.

HSBC Life Online Health Services

Clients can access a world of healthcare from their phone, anytime, wherever they are

  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

Policy Booklets

Focussed resources