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HSBC Big Promise Non-Participating Whole Life Insurance ( LPP)
HSBC Big Promise Non-Participating Whole Life Insurance ( LPP)
Benefit items : Death / Funeral Expense / Total Permanent Disability/Maturity Benefit.
FSC Approval / Use & File Number : 96.09.03 HSBC Life 07002
This product is a non-participating insurance product. It neither participates in policy dividend nor has policy dividend benefit.
Before purchasing the product, customers should read all sales documents carefully.
To fully understand the loading or other related information about the product, please contact our sales representatives, service center (toll-free service hotline: 0800-661311) or visit our website at http://www.hsbcinsurance.com.tw so as to protect your rights.
“HSBC Big Promise Non-Participating Whole Life Insurance” is a solid foundation upon which to build a long-term financial plan because it guarantees lifetime protection for your family or business.” It not only provides you with lifetime protection by giving you and your family a financial safety net in times of need but also allows you to save towards your financial goals.
Benefits at a Glance:
- Lifetime protection until age 99
- Complete your whole life protection with one polic
- Flexible premium payment periods that suit your needs
- Fixed premium payment amount.
- Safe financial planning - Guaranteed savings during the term
- Option to add rider for more comprehensive coverage.
Underwriting Rules:
- Sum assured amount:
Minimum : NT$0.5MM
Maximum : NT$ 60MM ( NT$2MM for age below 14) - Premium payment term and insuring age
Insurance Period | Issue Age |
10 | 0~65 |
15 | 0~60 |
20 | 0~55 |
Up to 65 | Up to 65 |
Up to 99 | 0~65 |
HSBC Big Promise Non-Participating Whole Life Insurance ( LPP) | |||||||
| Surrender Value to Accumulative Premium Payable Ratio Premium Payment Period：20 Year | |||||||
| Policy Year | Age 14 Male | Age 35 Male | Age 50 Male | Age 14 Female | Age 35 Female | Age 50 Female | |
| 1 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| 2 | 31.24% | 30.30% | 28.90% | 32.11% | 31.52% | 30.72% | |
| 3 | 42.71% | 41.68% | 39.65% | 44.18 | 43.41% | 42.23% | |
| 4 | 49.25% | 48.33% | 45.86% | 51.26% | 50.39% | 48.95% | |
| 5 | 54.01% | 53.09% | 50.26% | 56.36% | 55.43% | 53.76% | |
| 10 | 70.05% | 68.44% | 63.90% | 73.21% | 71.81% | 69.08% | |
| 15 | 73.80% | 71.20% | 65.75% | 77.06% | 74.96% | 71.39% | |
| 20 | 76.33% | 72.90% | 67.28% | 79.57% | 76.82% | 72.82% | |
| According to the table above, surrendering the policy during the premium paying period is unfavorable to customers. | |||||||
Important Notice:
- This product is a non-participating insurance product. It neither participates in policy dividend nor has policy dividend benefit.
- The product is reviewed by qualified signatories of HSBC Insurance that the product complies with general actuarial principles and insurance laws and regulations. To ensure yout rights, based the principle of equity and reciprocity for both insurance company and customers, you should read and understand policy provisions and related documents and select insurance products carefully. The insurance company and its responsible persons are subject to legal responsibility if there is any incompliance with regulations or mis-representation of the product.
- Surrendering the policy or discontinuing premium payments may be unfavorable to customers. Please carefully choose insurance products based on your needs.
- All detailed rights and obligations of insurance contracts are listed in policy provisions. Customers must read and understand them. Besides, customers should take advantage of the free look period (10 days after receipt of the policy).
- Before purchasing the product, customers should read all sales documents carefully. To fully understand the loading or other related information about the product, please contact our sales representatives, service center (toll-free service hotline: 0800-661311) or visit our website at http://www.hsbcinsurance.com.tw so as to protect your rights.
- The product is an insurance product and is protected by life Insurance Stabilization Fund. It is not a deposit and not protected by deposit insurance.
- The product brochure is for reference only. For product details and changes, please refer to the policy provision, HSBC insurance underwriting, policyholder service and other related administration rules at the time of application.
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.
