Death Benefit Settlement Options (DBSO) Calculator
Leaving a legacy is about more than the wealth you leave behind — it's about how you pass it on to the people who matter most.
Use this calculator to explore different death benefit settlement options and understand how benefits may be paid over time, based on your preferences.
Remarks: Please talk to your relationship manager for details of eligible plan(s). Any other settlement option(s) as may be made available in our prescribed form, are offered by the Company at our sole discretion, and shall be subject to any prevailing rules, terms and conditions as determined by us, from time to time.
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.
STEP 1 OF 2
Select a settlement option
Choose from the 5 options below to see how the payout works.
Please talk to your relationship manager for details of eligible plan(s). Any other settlement option(s) as may be made available in our prescribed form, are offered by the Company at our sole discretion, and shall be subject to any prevailing rules, terms and conditions as determined by us, from time to time.
The beneficiary(ies), at all times, does not have the right to change the Death Benefit settlement option set by the Policyholder.
STEP 2 OF 2
Configure your payout
No option selected yet
Please input an integer between 1,000 and 10,000,000,000.
The initial lump sum payment is calculated based on this percentage of initial Death Benefit.
Range of this percentage: 1% to 99%.
Please input an integer between 1 and 99.
Range: 2 to 30 years
Please input an integer between 2 and 30.
Please input the age between 0 and 100.
Please input the age between 18 and 100.
Max. age difference is 50 years and the age to receive the final lump sum should be older than the age to receive instalments.
#Max of age difference is 50 years for the purpose of this Calculator. The designated beneficiary must have reached the actual age of 18 or above upon the remaining balance being paid.
In case the beneficiary(ies) has/have already reached the designated age before the death of Life Insured in this Policy, such settlement option will be revoked with respect to such beneficiary(ies) and he/she will be entitled to his/her portion of the death benefit in a lump sum payment upon the death of the Life Insured. For the avoidance of doubt, this does not affect the instructions with respect to other beneficiary(ies) who has not reached the designated age before the death of Life Insured.
^If the remaining balance of Death Benefit is insufficient for lump sum payment at the designated age of the beneficiary(ies), all remaining balance amount (if any) will be paid as the last instalment before the designated age of the beneficiary(ies).
Enter a value from 2 to 30 years
Please input an integer between 2 and 30.
+Some features in this calculator may vary across different products. You should refer to product brochures for product features and policy provisions for detailed terms and conditions.
*The non-guaranteed interest rate is not guaranteed and it is determined by HSBC Life at sole discretion from time to time. HSBC Life reserves the right to amend the rates shown at any time without prior notice. Any projected amount is based on the assumption that the non-guaranteed interest rate remains unchanged during the period. Any change in the non-guaranteed interest rate may result in higher or lower projected amount.
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Initial Death Benefit
1,000,000
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
Initial Death Benefit
1,000,000
Instalment period
10 Years
Payout Amount
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
Total growth +$0 (0.00%)
Initial Death Benefit
1,000,000
Instalment period
10 Years
Initial Lump Sum
1,000,000
Payout Amount
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
Total growth +$0 (0.00%)
Initial Death Benefit
1,000,000
Instalment period
10 Years
Instalment Amount
20,000
per year
Final Lump Sum Payment
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
Total growth +$0 (0.00%)
Initial Death Benefit
1,000,000
Instalment period
10 Years
Designated increasing rate (%p.a.)
3%
Initial Payout Amount
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
Total growth +$0 (0.00%)
Initial Death Benefit
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
1,000,000
Initial Death Benefit
Instalment period
Payout Amount
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
10 Years
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
1,000,000
Total growth +$0 (0.00%)
Initial Death Benefit
Instalment period
Initial Lump Sum
Payout Amount
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
10 Years
1,000,000
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
1,000,000
Total growth +$0 (0.00%)
Initial Death Benefit
Instalment period
Instalment Amount
Final Lump Sum Payment
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
10 Years
20,000
per year
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
1,000,000
Total growth +$0 (0.00%)
Initial Death Benefit
Instalment period
Designated increasing rate (%p.a.)
Initial Payout Amount
Total Payout
(non-guaranteed interest rate*: p.a.)
1,000,000
10 Years
3%
1,000,000
(non-guaranteed interest rate: 3.0% p.a.)
1,000,000
Total growth +$0 (0.00%)
Payout overview
Initial Death Benefit
1,000,000
Total Payout (USD)
1,000,000
Payout overview
Initial Death Benefit
1,000,000
Total Payout (USD)
1,000,000
Total growth +$0 (0.00%)
Non-guaranteed interest gained
1,000,000
Projected schedule overview
Year 1 total instalment payout:
1,000,000
Instalment payout from initial Death Benefit:1,000,000
Instalment payout from interest gained:1,000,000
Instalment payout from initial Death Benefit: 1,000,000
Instalment payout from interest gained: 1,000,000
Year 1 total instalment payout:
Detailed results are not yet available for this settlement option.
The real payout logic is currently implemented for the lump sum payment option. Go back to choose that option, or continue once the remaining settlement options are implemented.
Projected schedule overview
Year 1 total instalment payout:
1,000,000
Payout overview
Initial Death Benefit
1,000,000
Total Payout (USD)
1,000,000
Total growth +$0 (0.00%)
Non-guaranteed interest gained
1,000,000
Projected schedule overview
Year 1 total instalment payout:
1,000,000
Instalment payout from initial Death Benefit:1,000,000
Instalment payout from interest gained:1,000,000
Instalment payout from initial Death Benefit: 1,000,000
Instalment payout from interest gained: 1,000,000
Year 1 total instalment payout:
Payout overview
Initial Death Benefit
1,000,000
Total Payout (USD)
1,000,000
Total growth +$0 (0.00%)
Non-guaranteed interest gained
1,000,000
Projected schedule overview
Year 1 total instalment payout:
1,000,000
Instalment payout from initial Death Benefit:1,000,000
Instalment payout from interest gained:1,000,000
The initial lump sum payment will be made in Month 1
Instalment payout from initial Death Benefit: 1,000,000
Instalment payout from interest gained: 1,000,000
Year 1 total instalment payout:
Payout overview
Initial Death Benefit
1,000,000
Total Payout (USD)
1,000,000
Total growth +$0 (0.00%)
Non-guaranteed interest gained
1,000,000
Projected schedule overview
Year 1 total instalment payout:
1,000,000
Regular payout:1,000,000
Accumulation interest:1,000,000
Regular payout: 1,000,000
Accumulation interest: 1,000,000
Year 1 total instalment payout:
Need help deciding?
Our Insurance Specialists can guide you through your options and help you choose what works best for your needs. Book a face-to-face appointment or meet with us over video.
Make an appointmentRemarks: Please talk to your Insurance specialist for details of eligible plan(s). Any other settlement option(s) as may be made available in our prescribed form, are offered by the Company at our sole discretion, and shall be subject to any prevailing rules, terms and conditions as determined by us, from time to time.
*The non-guaranteed interest rate is not guaranteed and it is determined by HSBC Life at sole discretion from time to time. HSBC Life reserves the right to amend the rates shown at any time without prior notice. Any projected amount is based on the assumption that the non-guaranteed interest rate remains unchanged during the period. Any change in the non-guaranteed interest rate may result in higher or lower projected amount.
Projected schedule overview
| Year & Month | Annual Payout |
|---|
The prevailing non-guaranteed interest rate(s)* for accumulating the remaining death benefit proceeds at HSBC Life are set as below according to different policy currencies:
*The non-guaranteed interest rate is not guaranteed and it is determined by HSBC Life at sole discretion from time to time. HSBC Life reserves the right to amend the rates shown at any time without prior notice. Any projected amount is based on the assumption that the non-guaranteed interest rate remains unchanged during the period. Any change in the non-guaranteed interest rate may result in higher or lower projected amount.