The world's local bank
You are here:
- Home
- Personal Homepage
- Insurance
- All Insurance Products
- Biennial Endowment (B1B2)
You are not logged on.
Biennial Endowment (B1B2)
Biennial Endowment (B1B2)
B1B2 is a non-participating 6/10/20-year-premium-paid whole life with biennial coupons payment at the end of 3rd (B1A) policy year and 2nd (B2A) policy year until age 100. The product features are listed below:
- Premium Paid Period
6/10/20 years - Protection Coverage
Until the age of 100 - Death and total disability benefit
Chose maximum of (200% of basic sum assured, Cash Value, or Premium paid deducted coupons received) - Coupon
B1A: 10% of basic sum assured every biennial policy year at the end of 3rd policy year.
B2A: 10% of basic sum assured every biennial policy year at the end of 2nd policy year. - Maturity Benefit
200% of basic sum assured will be paid if insured is alive at age 100.
Products declaration
- HSBC cooperate with HIBT to provide regulator authorized insurance products. Insurance products are not saving products. It was protected by Insurance Stabilization Funds, not by Central Deposit Insurance.
- The related liability of insurance products was fully taken by insurance company, not by HSBC or HIBT.
