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Senior Citizen Pay Life (SC2PL)
Senior Citizen Pay Life (SC2PL)
SC2PL is a non-participating increasing whole life protection. The product features are listed below:
- Increasing sum assured
100% basic sum-assured increased on 2nd , 3rd , and 6th policy year. - Death benefit and Total Disability Benefit
Chose maximum of (Sum assured, policy value, or premium paid) - Premium Paid Period
2 years - Protection Coverage
Whole Life time
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.
