Compare death benefits settlement options with our quick calculator

June 2026

3 min

Most people focus on how much they will leave behind for their loved ones. Yet an equally important question is often overlooked: HOW should that wealth be passed on?

Different people may need support in different ways. Some may prefer immediate access to cash while others may need financial support over time. At HSBC Life, we offer different Death Benefit Settlement Options (DBSO), giving you flexibility in how your wealth is passed on to your loved ones.

One size does not fit all

We understand that the people you care about may need support in different ways. That's why we offer five Death Benefit Settlement Options (“DBSO”), giving you flexibility in how death benefit proceeds are paid to your loved ones.

Whether your loved ones need immediate access to funds, regular financial support over time, or a combination of both, DBSO allows you to flexibly set the payout amount, method and timing that helps your loved ones to manage the assets wisely and pass wealth on to future generations.

	Option 1 A lump sum payment
	Option 2 Annual or monthly instalments paid over 10, 20 or 30 years
	Option 3 First payment in a lump sum, followed by annual or monthly instalments over the tenor (2 to 30 years) chosen by you
	Option 4 Annual or monthly instalments until the designated age^{^} of the designated beneficiary(ies) as specified by you, followed by a lump sum payment of the balance
	Option 5 Increasing payment by instalments (2 to 30 years) on an annual or a monthly basis, increasing at the designated default rate of 3%, 5% or 10% per annum

Remarks:
^ The actual age of designated Primary Beneficiary(ies) must be attained age of 18 years old or above upon the remaining balance being paid.

Introducing the new DBSO Calculator

To help you explore different settlement options, we've introduced the new DBSO Calculator.

This interactive tool lets you model different payout arrangements and instantly see the total instalment payout and projected schedule overview based on your inputs. By bringing different scenarios to life, it can help you better understand how benefits may be paid over time, so you can make decisions with greater clarity.

Start exploring

Why use the DBSO Calculator?

Easy to explore

In just 2 guided steps, you can generate the total payout and projected schedule overview.

Easy to compare

Compare different settlement options and see which may best suit your needs.

Tailored to you

Projections are generated based on your inputs, helping you explore scenarios that are relevant to your situation.

Support when you need it

If you'd like to learn more, you can easily connect with an HSBC Insurance Specialist for personalised guidance by clicking “make an appointment”.

How to use the DBSO Calculator

The DBSO Calculator is designed to be simple and intuitive.

Step 1: Choose a settlement option

Select from the 5 Death Benefit Settlement Options.

Step 2: Configure your payout preferences

Enter the relevant information based on your chosen option, such as the instalment period and payout frequency.

Step 3: Review your simulated results

Results are generated instantly. Explore the payout details and adjust your inputs as needed.

Helpful tips

Tip 1: Compare different options side by side

Add another scenario and switch between tabs to compare different settlement options.

Tip 2: Download a PDF summary

Download a PDF summary showing the payout overview and projected schedule overview for future reference.

Plan ahead for the people who matter most

The right settlement option looks different for every family. By planning ahead, you can take a more thoughtful approach to passing on your wealth and supporting your loved ones at different stages of life.

The DBSO Calculator is a simple place to start. If you'd like personalised guidance, our HSBC Insurance Specialists are always here to help you understand your options and discuss what may work best for you and your loved ones.

Explore the DBSO Calculator

Try it now

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Disclaimer:

The death benefit settlement options are subject to the Company's prevailing rules and conditions and the terms of the Policy. For details on the terms of the death benefit settlement options, please refer to the product brochure for product features and policy provisions for detailed terms and conditions.
Should you have any queries on the non-guaranteed interest rate or Death Benefit Settlement Option, please contact your Relationship Manager for more details.
This Death Benefit Settlement Option Calculator (“Calculator”) aims to provide users a brief introduction of the death benefit settlement options. Not for policy illustration purpose and any information herein shall not form part of a policy.
The content of this webpage is not insurance advice and does not constitute any offer or solicitation to offer or recommendation of any insurance product.
Please note that the simulation provided in the Calculator is indicative, may differ from the figures illustrated in benefit illustration or may differ from the actual death benefit that can be received and for reference only. It does not take into individual factors including but not limited to the age of beneficiary(ies) or the life insured, or the actual economic circumstances such as the inflation rate. You should not act on or place reliance on any information on this page alone or without seeking specific professional advice.

Issued by HSBC Life (International) Limited (Incorporated in Bermuda with limited liability)

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