1 Start-up bonus = applicable start-up bonus rate x regular premium for the 1st policy year applicable start-up bonus rates:
2Policy-up bonus is dependent on the MIP selected and the regular premium selected. There will be no power-up bonus given to the policy in the subsequent twelve (12) policy months if the policyholder has made a partial withdrawal, gone on premium holiday or done a premium reduction.
3Loyalty bonus is dependent on the MIP selected. There will be no loyalty bonus given to the policy in subsequent twelve (12) policy months if the policyholder has made a partial withdrawal.
Please refer to the product summary for more details.
HSBC Life Wealth Accelerate is underwritten by HSBC Life (Singapore) Pte. Ltd. (Reg. No. 199903512M).
This webpage contains only general information and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. This is not a contract of insurance and is not intended as an offer or recommendation to buy the product. A copy of the product summary may be obtained from our authorised product distributors. You should read the product summary, product highlights sheet(s) and fund summary before deciding whether to purchase the product and subscribe for units in the ILP sub-fund(s). You may wish to seek advice from a Financial Planner before making a commitment to purchase the product. In the event that you choose not to seek advice from a Financial Planner, you should consider whether the product in question is suitable for you. Please refer to the policy general provisions for the exact terms and conditions, specific details and exclusion of this product. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. It is detrimental to replace an existing life insurance policy with a new one as the new policy may cost more or have fewer benefits at the same cost.
Policy Owners' Protection Scheme
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
Information is correct as at 3 July 2023.
This advertisement has not been reviewed by the Monetary Authority of Singapore.