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Participating Endowment - 6P10E/10P15E/15P20E (PE)
Participating Endowment - 6P10E/10P15E/15P20E (PE)
PE is a series of products of certain years participating endowment with premium paying period of another certain years, with Cash dividends, Terminal Dividends and Maturity Dividends. The product features are listed below:
6P10E, PAR, 10 years endowment product with premium paying period of 6 years (6P10E)
10PE15, PAR, 15 years endowment product with premium paying period of 10 years
15PE20, PAR, 20 years endowment product with premium paying period of 15 years
- Death benefit
10% simple increment on basic sum-assured annually during premium payment period and level afterwards. - Total Disability benefit
10% simple increment on basic sum assured annually during premium payment period and level afterwards.
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.
