HSBC Life | Public and private annuities – know the difference!

March 2020

Buying an annuity early for retirement has been a hot topic recently. But there are public and private annuities, and some are even tax-deductible. Please figure out which plan is right for you before you buy!

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Disclaimer

HSBC Life (International) Limited (incorporated in Bermuda with limited liability) (“HSBC Life”) is authorised and regulated by the Insurance Authority of the Hong Kong SAR to carry on long-term insurance business in the Hong Kong SAR. If you want to learn more about the product details, please refer to the terms and conditions of relevant brochures. HSBC Life will be responsible for providing your insurance coverage and handling claims under your life insurance policy. The Hongkong and Shanghai Banking Corporation Limited is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agent of HSBC Life for the distribution of life insurance products in the Hong Kong SAR. The life insurance plans are underwritten by HSBC Life and are only intended for sale through HSBC in the Hong Kong SAR. For product details and related charges, please refer to the relevant brochures and policy provisions or contact HSBC’s branch staff.

The above examples are hypothetical cases for reference only, they do not constitute sales recommendation or product offer. You should not make any decisions based on the examples and information provided herein. If you are in doubt about the examples or any of the above content, you should seek independent professional advice.

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