HSBC's ProtectCare Plan

Take advantage of HSBC's ProtectCare, a convenient and affordable way to secure your family's financial future. HSBC's ProtectCare is an affordable life insurance plan design to provide life and personal accident protection. Depending on your protection needs and financial situation, we have a plan that is suitable for you.

Benefits

  • Flexibility to choose your coverage amount
  • Guaranteed level premium for 10, 15, or 20 years depending on the selected coverage term
  • Hassle free and no medical examination required
  • Easy and no obligation to get a quotation
  • Death/total and permanent disability (due to accidental causes)1
    Pays lump sum cash upon death or total permanent disability due to accidental causes
  • Partial permanent disablement (due to accidental causes)1
    Pays a proportion of the coverage amount depending on the type of disability caused by an accident.
  • Death or total and permanent disability (due to non-accidental causes)2
    Aside from accidental benefits, this plan also offers coverage upon death and total permanent disability due to non-accidental causes.

Coverage term

Premium payment term follow coverage term
Coverage term Accidental death or total and permanent disability (TPD)1 Accidental partial permanent disablement1 Non-accidental death or total and permanent disability (TPD)2
10 years RM200,000 (insured amount) Up to a maximum of RM200,000 RM40,000
15 years RM300,000 (insured amount) Up to a maximum of RM300,000 RM60,000
20 years RM400,000 (insured amount) Up to a maximum of RM400,000 RM80,000

Coverage term

Premium payment term follow coverage term
Coverage term 10 years
Accidental death or total and permanent disability (TPD)1 RM200,000 (insured amount)
Accidental partial permanent disablement1 Up to a maximum of RM200,000
Non-accidental death or total and permanent disability (TPD)2 RM40,000
Coverage term 15 years
Accidental death or total and permanent disability (TPD)1 RM300,000 (insured amount)
Accidental partial permanent disablement1 Up to a maximum of RM300,000
Non-accidental death or total and permanent disability (TPD)2 RM60,000
Coverage term 20 years
Accidental death or total and permanent disability (TPD)1 RM400,000 (insured amount)
Accidental partial permanent disablement1 Up to a maximum of RM400,000
Non-accidental death or total and permanent disability (TPD)2 RM80,000

Things you should know

1Amount payable upon accidental death/accidental TPD/accidental partial permanent disablement is subject to the limit of RM1,000,000 per life.

2Amount payable upon TPD due to non-accidental causes is subject to the limit of RM4,000,000 per life. "Per life" limit is referred to as the maximum amount Allianz will pay collectively under all your policies with Allianz.

Reduced premium is only applicable for the premium payable in the first 12 months of the policy upon enrolment. Starting from 13th month of the policy, the premium payable shall follow the premium amount stated in the policy schedule.

TPD coverage shall expire upon the Policy Anniversary when the Life Assured attains age sixty-five (65) nearest birthday.

If death/TPD/partial permanent disablement of the life assured is due to accident, it must result directly from bodily injury and occurs within ninety (90) days from the date of accident. Please refer to the definition for bodily injury outlined in the policy document. Bodily injury means bodily injury caused directly and independently of all other causes, by accident of which, except in the cause of drowning or of internal injury revealed by autopsy, there is evidence of visible contusion or wound on the exterior of the body. Internal injury is also compensated provided it is proven that the injury is accidental and not due to sickness. All internal injury must be substantiated by an x-ray or other relevant medical report(s).

Issued by HSBC Bank Malaysia Berhad (Company No. 127776-V) ("HSBC Bank"). HSBC's ProtectCare ("this Plan") is underwritten by Allianz Life Insurance Malaysia Berhad (Company No. 104248-X) ("Allianz Life") and HSBC is the intermediary in distributing this Plan. This Plan is exclusively for HSBC Malaysia Credit and Debit Cardholders only.