How our life and critical illness products compare
Adviser area– If you’re a customer please visit the customer section
Meeting your clients’ protection needs
-
Click to view page: Protecting your clients with families
Helping your clients, including younger families to protect their financial needs today and tomorrow in the event of a serious illness or an early death
-
Click to view page: Protecting your self-employed clients
With no sick pay, how long would your clients manage if they we're unable to work due a serious illness?
-
Click to view page: Home owners with mortgages
Protecting the outstanding repayments of a mortgage in the event of your client’s early death
-
Click to view page: People in company schemes
For those looking to add to their company’s Death in Service benefits
-
Click to view page: Later life estate planning
For older clients looking to leave assets or legacies after their death
-
Click to view page: Health & Wellbeing Centre
For additional peace of mind your clients will also have access to HSBC Life Online Health Services
-
CI product enhancements update
We’ve made several enhancements to our CI products that will mean we are there to financially assist more people who are facing difficult health diagnoses.
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
Terminal Illness Benefit
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Critical Illness Benefit
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Critical Illness Benefit
HSBC Life Protection
HSBC Critical Illness
The lower of £25,000 or 25% of the sum assured
The lower of £25,000 or 25% of the sum assured
HSBC Critical Illness Plus
The lower of £50,000 or 50% of the sum assured
The lower of £50,000 or 50% of the sum assured
HSBC Life and Critical Illness
The lower of £25,000 or 25% of the sum assured
The lower of £25,000 or 25% of the sum assured
HSBC Life and Critical Illness Plus
The lower of £50,000 or 50% of the sum assured
The lower of £50,000 or 50% of the sum assured
Increase policy cover amount
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Interim Cover
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Hospitalisation benefit due to accidental injury
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Free Cover
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Children’s Critical Illness Benefit (i)
HSBC Life Protection
HSBC Critical Illness
The lower of £25,000 or 50% of the sum assured
The lower of £25,000 or 50% of the sum assured
HSBC Critical Illness Plus
The lower of £50,000 or 50% of the sum assured
The lower of £50,000 or 50% of the sum assured
HSBC Life and Critical Illness
The lower of £25,000 or 50% of the sum assured
The lower of £25,000 or 50% of the sum assured
HSBC Life and Critical Illness Plus
The lower of £50,000 or 50% of the sum assured
The lower of £50,000 or 50% of the sum assured
Children’s Critical Illness Benefit (i)
HSBC Life Protection
HSBC Critical Illness
The lower of £25,000 or 25% of the sum assured
The lower of £25,000 or 25% of the sum assured
HSBC Critical Illness Plus
The lower of £30,000 or 50% of the sum assured
The lower of £30,000 or 50% of the sum assured
HSBC Life and Critical Illness
The lower of £25,000 or 25% of the sum assured
The lower of £25,000 or 25% of the sum assured
HSBC Life and Critical Illness Plus
The lower of £30,000 or 50% of the sum assured
The lower of £30,000 or 50% of the sum assured
Children’s Hospital Benefit (i)
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Children’s Bereavement Assistance (i)
HSBC Life Protection
HSBC Critical Illness
£5,000
£5,000
HSBC Critical Illness Plus
£10,000
£10,000
HSBC Life and Critical Illness
£5,000
£5,000
HSBC Life and Critical Illness Plus
£10,000
£10,000
Separation benefit
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Top Up Payments
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
Pregnancy Complications
HSBC Life Protection
HSBC Critical Illness
HSBC Critical Illness Plus
HSBC Life and Critical Illness
HSBC Life and Critical Illness Plus
| 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 or, where applicable, when you are placed on the NHS waiting list for surgery | |||||
| 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 or, where applicable, when you are placed on the NHS waiting list for surgery | 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 lump sum payment of £50,000 or 50% of the Sum Assured at the time of claim (whichever is lower) following an accident that results in physical injury which requires the Life Insured to stay in hospital for 30 or more consecutive days | |||||
| Free Cover — Cover from the date we receive your application, for up to 90 days or until we accept, postpone or decline the application, whichever is earliest. | |||||
| 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 or, where applicable when placed on the NHS waiting list for surgery 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 or, where applicable when placed on the NHS waiting list for surgery 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 (i) — £100 per day where a dependent child is required to stay in hospital between 7 and 30 consecutive nights | |||||
| Children’s Bereavement Assistance (i) — 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 | |||||
Top Up Payments — a payment, in addition to the sum assured of £200,000 or the sum assured (whichever is lower) if the customer suffers with one of the following before age 60.
| |||||
| Pregnancy Complications — A lump sum payment of £5,000 to the life assured, if they or their partner are diagnosed by a consultant obstetrician with one of the 7 specified conditions. | |||||
| Optional benefits | |||||
| Total Permanent Disability — Provides a lump sum payment upon diagnosis, before age 65, of the Life Assured’s Loss of physical or mental ability through an illness, which results in them not being able to undertake the main duties of their own occupation ever again. If over age 65, claims are assessed against the ‘Activities of Daily Living’ criteria. | |||||
| Waiver of Premium — Min and max ages of 17 – 69, with deferred period of 26 weeks. Claims basis: ability to undertake Own Occupation if employed, or if not, Activities of Daily Living criteria. Claims can continue until the end of the policy term or aged 71 if earlier. | |||||
- (i) Children’s Critical Illness Benefit covers any Child of a Life Insured (including natural, step and legally adopted Children of the Life Insured).
(i) Children’s Critical Illness Benefit, Hospital Benefit and Bereavement Assistance covers any Child of a Life Insured (including natural, step and legally adopted Children of the Life Insured)up to age 21 under Critical Illness and age 23 under Critical Illness Plus.
Please note: The above 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, exclusions and limitations, 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.
Watch our Online Health Services video
Available for all existing and new policies, your clients will enjoy access to a world of healthcare from your phone, anytime, wherever you are.
Who can benefit?
| HSBC Life Protection | HSBC Critical Illness / HSBC Life and Critical Illness | HSBC Critical Illness Plus / HSBC Life and Critical Illness Plus | Your partner | Your dependent under the age of 16 | Your dependent between 16 and 23 | Yearly benefit allowance limits | |
|---|---|---|---|---|---|---|---|
| Digital GP and Prescription Services | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | Unlimited |
| Second Medical Opinion | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | 2** |
| Remote Physiotherapy | ✓ | ✓ | ✓ | ✓ | 8** | ||
| Health Check | ✓ | ✓ | ✓ | ✓ | 1* | ||
| Mental Health Support | ✓ | ✓ | ✓ | ✓ | ✓ | 8** |
*The Health Check allowance for a joint policy is one per year for each policyholder. For a single policy, the 1 per year allowance can be used by either the policyholder or their partner, but not both.
**Allowances can be shared between all family members who have access.
Policy Booklets
Click to view page: HSBC Life Protection
Download the Policy Booklet to find out more about cover options and benefits
Click to view page: HSBC Critical Illness
Download the Policy Booklet to find out more about cover options, conditions covered and benefits
Click to view page: HSBC Life and Critical Illness
Download the Policy Booklet to find out more about cover options, conditions covered and benefits
Click to view page: HSBC Life Online Health Services
A full summary of the 6 key services is in our Adviser Factsheet