【HSBC Pure Life Insurance】Pay just 25% of the first-year premium! Covers not only death, but also lets you customise additional protection.

As you enter stages of life such as getting married, buying a property and starting a family, the responsibilities you need to take on continue to grow. HSBC LifeHSBC Life has specially launched the high-value pure life insurance plan with no savings component, HSBC Family Protector. Apply with the promotional code 「DEFP09」 to enjoy 25% of the first-year premium^, with premiums as low as HK$2 per day for HK$1,000,000 of life cover (Note 1).

HSBC Family Protector is available to applicants aged 19 to 60 (referring to the insured person's age at next birthday), with coverage continuing until age 80. The entire application process can be completed online, without the need for a medical examination, making it simple and convenient. Notably, premiums are payable monthly and guaranteed to remain unchanged for each 10-year period, covering both the basic plan and supplementary benefits (Note 2).

In addition to providing life cover of up to HK$7,000,000, HSBC Family Protector also offers 4 supplementary protection options (Note 3), including children’s protection, critical illness and cancer protection, Hospital Cash Benefit and accidental death protection, allowing you to combine them flexibly to build your own safety net:

Children’s protection: Provides comprehensive protection for all the insured person’s children (Note 4, including unborn children), including death (a death benefit of HK$500,000 for each child), cancer (cancer cover of HK$500,000 for each child) and Children’s Hospital Cash Benefit (for a continuous hospital stay of six hours or more, each child can receive HK$400 per day, Note 5).

Critical illness and cancer protection: Cancer protection focuses specifically on cancer cover, whereas critical illness protection covers cancer, heart disease and stroke. The insured person must choose one of the two. 3 levels of cover are available: HK$500,000, HK$1,000,000 or HK$1,500,000.

Hospital Cash Benefit: The insured person must be admitted to hospital for a continuous period of six hours or more. Two levels of Hospital Cash Benefit are available, with daily amounts of HK$800 or HK$1,600 respectively. The insured person must choose one of the two. For the treatment of covered illnesses or injuries, the product provides Hospital Cash Benefit for up to 730 days. The daily Hospital Cash Benefit will be doubled if the insured person receives intensive care or is hospitalised overseas; it will be halved if the insured person is admitted to a hospital in Mainland China.

Accidental death protection: If the insured person dies as a result of an accident, the beneficiary (Note 6) will receive an additional accidental death benefit equal to 50% of the sum assured under the insured person’s basic plan.

Take Sam as an example: a 35-year-old non-smoker and father who is paying off a mortgage. He has one daughter and is expecting his second child. As the sole breadwinner of the family, Sam hopes to maintain his family’s financial stability even if he or his children suffer an unfortunate event in the future. He therefore decides to purchase the basic plan of HSBC Family Protector for life protection, and add Critical Illness Benefit and Children’s Benefit, with the required premium being less than HK$900 per month (see Table 1).

If Sam unfortunately passes away, the basic plan of HSBC Family Protector will pay a lump sum of HK$7,000,000 to his family to repay the mortgage and cover his children’s education expenses. In addition, if Sam is unfortunately diagnosed with cancer, heart disease or stroke, the plan’s Critical Illness Benefit (an optional benefit) will also pay a lump sum of HK$1,500,000, allowing him to focus on his recovery.

Furthermore, if Sam’s children, including his unborn second child, are unfortunately diagnosed with cancer, the Children’s Benefit (an optional benefit) will pay a lump sum of HK$500,000. It will also provide a daily Hospital Cash Benefit of HK$400 if his children require hospitalisation for a covered injury or illness.

Table 1: Coverage and premiums of 「HSBC Family Protector」 for Sam, a working father

Life is full of uncertainties. HSBC Family Protector provides comprehensive protection, including life protection and optional benefits, to help you face them with confidence. Protect yourself and your loved ones—don’t hesitate. Visit the HSBC Family Protector website to learn more.

Want to improve your health and earn rewards while enjoying protection? Join the Well+ 「身．心．財」Health Rewards Programme and earn up to $2,000 in RewardCash (Note 7). Visit the Well+ website to learn more.

Notes: 
^Subject to the terms and conditions. 
*, 1. Based on a 19-year-old non-smoking female with a sum assured of HK$1,000,000. Age refers to age at next birthday. Figures have been rounded, and the actual premium amount is determined at the discretion of HSBC Life (International) Limited (「HSBC Life」). 
2. Regardless of any changes in your health condition, the total monthly premium for your 「HSBC Family Protector」﹝including the basic plan and optional benefits﹞will remain unchanged for the first 10 years. Thereafter, the premium will be adjusted every 10 years until the policy ends or you reach age 80. By continuing to pay the premiums monthly, your protection can remain in force until age 80. Please note that age refers to age at next birthday. 
3. Optional benefits must be purchased separately. 
4. All biological children, stepchildren or legally adopted children aged from 15 days to 18 years from birth. Age refers to the age at next birthday of the insured’s child. 
5. Arrangements for the Hospital Cash Benefit under the Children’s Benefit: (1) the daily Hospital Cash Benefit will be doubled if intensive care or hospitalisation overseas is required; (2) the daily Hospital Cash Benefit will be halved if the child is hospitalised in Mainland China; (3) a daily Hospital Cash Benefit will be provided for up to 730 days for the treatment of a covered injury or illness. 
6. If any beneficiary you nominate has a relationship with you as a grandchild, grandparent, stepchild, stepparent, stepsibling, cohabiting or non-cohabiting partner, you will need to submit the relevant declaration or documents proving that an insurable interest exists between the insured and the nominated beneficiary. Please refer to the relevant declaration form to nominate a non-cohabiting partner or any other relationship. For more information and the relevant requirements, please visit https://retailbank.hsbc.com.hk/ins/zh-hk/diversities/main/. 
7. This programme is jointly operated by HSBC Life (International) Limited (a company incorporated in Bermuda) (「HSBC Life」) and The Hongkong and Shanghai Banking Corporation Limited (a company incorporated in the Hong Kong Special Administrative Region (「Hong Kong SAR」)) (「HSBC」), and is offered in the Hong Kong SAR. The opportunity to earn up to $2,000 in 「RewardCash」 is only available to HSBC customers holding a valid HSBC Life policy. Please refer to the relevant terms and conditions and frequently asked questions (FAQ) on the Well+ website and the HSBC HK Mobile Banking app for details. 
8. The information in this article is provided by HSBC Life for general reference only. It does not take into account any individual needs or suitability and should not be regarded as sales advice. Before taking out a policy, you should discuss an insurance plan suitable for you with a licensed insurance adviser and refer to the information provided by the insurance company. 
9. The premium information above was updated on 23 May 2022 and does not include the premium levy charged by the Insurance Authority. 
10. Last updated: 23 May 2022.

「HSBC Family Protector」is a pure life insurance plan without a savings element. Optional benefits may be added. It is available online only and is not a bank deposit or bank savings plan. The plan is underwritten and issued by HSBC Life (International) LimitedHSBC人壽保險（國際）有限公司. Policyholders are subject to its credit risk. No premiums paid will be refunded if the policy is surrendered after the cooling-off period. The above plan information is for general reference only. For the complete terms and conditions, please refer to the product brochure and policy provisions: https://bit.ly/3jyeK8Y

This English version of this article has been generated by machine translation powered by AI. It is provided solely for reference purposes. In the event of any discrepancy or inconsistency between this translation and the original Chinese version, the Chinese version shall prevail.