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Non-Par Term Life (NTL)
Non-Par Term Life (NTL)
NTL is a non-participating term life and provides life protection during the premium payment period. The product features are listed below:
- Death benefit and Total Disability Benefit
Sum assured - Premium Paid Period
10/15/20 years - Age of issuance
10NTL/15NTL 15 years old~60 years old, 20NTL 15 years old~55 years old. - Sum assured
Min. NT$1 Million, Max. NT$60 Million - Protection Coverage
Within the premium payment period
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.
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