Top of main content

HSBC Wealth Select Protection Linked Plan

An investment-linked assurance scheme designed to provide long-term life protection and a variety of investment choices to suit your needs

Where life protection and potential wealth growth may meet

Our HSBC Wealth Select Protection Linked Plan offers long-term life protection and a variety of investment choices so you can choose the ones that suit your evolving needs and risk appetite. Each investment choice is linked to an underlying fund that is managed by investment managers. The premiums you pay will be allocated to your investment choices, which will form the account value of this policy and be subject to fees and charges.

You can now submit an e-Policy servicing request via online "Application for Investment Choice Arrangement" form to manage your investment choices without any charges.

What's best for your insurance needs? Get tailored guidance from our Wealth Planning Specialists today.

Key benefits

3 levels of sum insured1

Choose from 3 levels of sum insured1 -  150%, 200%, 250% of the total premium payable2, with the option to change3 any time after the 1st policy anniversary (applicable for insured person who is aged4 65 or below)

Guaranteed coverage privilege5

Your policy will stay in force until the policy anniversary immediately after the insured person reaches the end of age4 65, as long as they meet specified conditions5

A variety of investment choices

Select from our wide range of investment choices, switch them any time at no cost. You can also opt in to our Risk Matching and De-Risking Service for de-risking measures in preparation for retirement.  See investment performance

Loyalty bonus

Get rewarded on the last day of the 5th policy year and the last day of every policy year thereafter while the policy is in effect, on a tiered basis, subject to terms and conditions

For details, please refer to "Death benefit", "Guaranteed coverage privilege", "Variety of investment choices for your selection", "Loyalty bonus" under Section A –Plan features in the product brochure of the offering documents. To learn more about the investment choices and the Risk Matching and De-risking Service, please refer to the investment choice brochure of the offering documents.

Special offers— Enjoy up to 18% off

  • Enjoy up to 18% off your first year's premium. Offer ends on 30 June 2024. T&Cs apply (PDF, 686KB)
  • Get up to MOP1,500 shopping coupon upon successful application with designated annualised new premiums. Offer ends on 30 June 2024. T&Cs apply (PDF, 319KB)
  • Get your CASETiFY phone case or MOP200 shopping coupon by booking an appointment online to complete a Financial Check-up with us. Offer ends on 31 December 2024. T&Cs apply (PDF, 268KB)
  • Enjoy preferential interest rate after successfully applied for this plan. Time deposits are products offered by HSBC Bank. T&Cs apply (PDF, 331KB)

Fees and charges

What you need to be aware of

  • There are two types of ongoing fees and charges at the plan level, policy management charge and insurance charge, which are deducted on a monthly basis from your account value throughout the policy term.
  • Outside of the plan level, the underlying funds of the investment choices may have separate fees and charges.
  • If you make any partial withdrawals, or your policy has lapsed or been surrendered, an early encashment charge may apply.

For details, please refer to Section B – Summary of fees and charges of the product brochure in the offering documents.

How to apply

Eligibility

To apply for our HSBC Wealth Select Protection Linked Plan, you'll need to meet both of these requirements:

  • be aged4 19 or above; the insured person can be aged4 between 15 days after birth and 65 years, depending on the premium payment period selected
  • meet our criteria for nationality (country/region/territory), address and residency—which are subject to change from time to time

HSBC Wealth Select Protection Linked Plan is an investment-linked assurance scheme, is a life insurance policy issued by HSBC Life (International) Limited, Macau Branch ("HSBC Life"). This is not a fund authorised by Autoridade Monetária de Macau ("AMCM"). This is also not a bank deposit or bank savings plan. Policyholders are subject to the credit risk of HSBC Life and early surrender loss.

Talk with us

Get personalised support from our Wealth Planning Specialists. Book a face-to-face appointment

Find out more

You may also be interested in

An opportunity for long-term capital growth while enjoying life protection, with the option to transfer your plan according to your wishes.
A comprehensive policy that offers you life protection, potentially increases your savings and helps you plan your legacy.
An annuity plan with steady monthly annuity payments after few years for your retirement years.
Uphold the promises to you and your loved ones with tips on how to protect yourself and your finances.

The above plans are life insurance plan underwritten by HSBC Life (International) Limited, Macau Branch ("the Company"). Investment involves risk. Please refer to the product brochure in the offering documents for details including the risk factors. You should only invest in this plan if you intend to pay the premium for the whole of premium payment term. Policyholders are subject to the credit risk of the Company and early surrender loss.

Notes

1. The death benefit provided is subject to insurance charge.

2. Total premium payable refers to for the purpose of computing the death benefit and insurance charge, the total amount of premiums committed to be paid by policyholders for this plan within the premium payment period selected by policyholder at policy inception, excluding top-up premiums.

3. Increases in the level of sum insured might be subject to the underwriting approval of HSBC Life. Underwriting approval will not be required for a decrease in the level of sum insured. Your monthly insurance charge might also increase/decrease due to a higher/lower level of sum insured respectively and could impact the value of the policy as a result.

4. Age refers to the age of the insured person or policyholder where applicable at the next birthday at policy effective date or policy anniversary. The age will remain the same during the corresponding policy year until next policy anniversary.

5. The policy will not lapse so long as (i) all premiums have been paid by the due date; (ii) no withdrawals from the policy have been made; (iii) this policy has never previously lapsed at any time since its inception, and (iv) no reinstatement has been made. Guaranteed coverage privilege terminates on the policy anniversary immediately after the insured person reaches age of 65, or the date on which the conditions set out above are no longer fulfilled, if earlier. Please refer to the policy provisions for details.

HSBC Wealth Select Protection Linked Plan is an investment-linked assurance scheme which is an insurance policy issued by HSBC Life (International) Limited ("HSBC Life"). The Company is authorised and regulated by the Autoridade Monetária de Macau ("AMCM") to carry on long-term insurance business in the Macau Special Administrative Region. It is not equivalent or similar to any kind of bank deposit or bank savings plan. This product is a product of HSBC Life but not HSBC, it is underwritten by HSBC Life and is intended only for sale in the Macau SAR. The benefit of policyholder is subject to the credit risk of the Company. Your premiums paid will form part of HSBC Life's assets. You do not have any rights or ownership over any of those assets. Your recourse is against HSBC Life only. If the policyholder discontinues and/or surrenders the insurance policy in the early policy years, the amount of the policy values or benefits which may be payable to the policyholder may be considerably less than the total premiums paid. The information shown above is intended as a general summary for your reference only. If you wish to learn more about any of the above insurance plans, please refer to the product offering documents for detailed features and the Policy Provisions for the detailed terms and conditions on the insurance product webpages.

HSBC Life (International) Limited, Macau Branch
HSBC Life (International) Limited, Macau Branch ("the Company", "we" or "us") is a branch incorporated in accordance with Macau laws, and is one of the HSBC Group's insurance underwriting subsidiaries.

Macau Special Administrative Region office
Main office: 1/F, Edf. Comercial Si Toi, 619 Avenida da Praia Grande, Macau
HSBC Life Insurance Planning Centre: Unit AC, Dynasty Plaza, 393 Alameda Dr. Carlos d'Assumpcao, Macau

The Company is authorised and regulated by the Autoridade Monetária de Macau ("AMCM") in carrying on long-term insurance business in the Macau Special Administrative Region. It does not mean this plan is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.

The Autoridade Monetária de Macau ("AMCM") does not take any responsibility for the contents of the offering documents of this plan, makes no representation as to its accuracy or completeness, expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of the offering documents of this plan.

In respect of an eligible dispute (as defined in the admissibility scope in the Mediation Scheme for Financial Consumption Disputes) arising between HSBC Life and you out of the selling process or processing of the related transaction, HSBC Life is required to enter into a Financial Consumption Dispute Mediation process with you; however, any dispute over the contractual terms of the above insurance product should be resolved between the Company and you directly.

Issued by the HSBC Life (International) Limited (Incorporated in Bermuda with limited liability), Macau Branch