Returns may vary with different payment modes and application channels. Please refer to the product brochure for details.
Whether you hope to see the world or buy a piece of it, let us help you make your dreams come true with our HSBC FirstSave Insurance Plan.
At maturity, you'll receive1:
Spread your payments over 2 years
Pay using an HSBC HKD bank account or HSBC credit card if you apply online
Protect your loved ones while meeting your saving goals
HSBC FirstSave Insurance Plan (“FirstSave”) is a life insurance plan with savings element underwritten by HSBC Life (International) Limited. It is not a bank deposit or bank savings plan.
See how HSBC FirstSave helps Jenny save while protecting loved ones
You may be also eligible for the following additional benefits, with no additional premiums required.
Your beneficiaries4 will receive an additional 30% of the total premiums paid along with the death benefit if you pass away due to an accident.
If you’re diagnosed with a terminal illness before the age6 of 65, your death benefit can be claimed by you in advance.
If you're unemployed for at least 30 consecutive days, you can defer your premium payments for up to one year and still receive the full protection of your policy.
Please note, 'you' refers to either the life insured or policyholder of the plan.
To apply, you need to:
For detailed product features, please refer to product summary of product brochure.
Please note, for online applications, your premium payments will be made in HKD and your policy will be issued in USD. Hence, fluctuating exchange rates may affect your policy.
Please note, the maximum sum insured/notional amount per life insured via online application is USD100,000. Multiple policies can be taken via different application channels provided that the total sum insured/notional amount for each life insured by HSBC FirstSave does not exceed USD1,625,000.
|Premium payment mode||Original percentage to be received at maturity||Percentage (after discount) to be received at maturity|
|For monthly premium payment (applicable to online application only):||108%||110%
(30% discount off on your first month‘s premium when apply)
|For annual premium payment (applicable to branch and online application):||110%||113% for policies with notional amount of USD100,000 or less
(4.5% discount off on your first year's premium when apply)
114% for policies with notional amount of greater than USD100,000
(6.0% discount off on your first year's premium when apply)
|For aggregate premium (applicable to branch application only)2:||112%||115%
(6.65% discount off on your first year’s premium when apply)