Plan a retirement that fits your life
HSBC UniversalIncome Plus is an insurance plan that supports your retirement with a steady income and flexible payout options. It also protects you against death and critical illness. With only a few years of payments, you can build a secure foundation for your retirement.
Built for certainty - today and tomorrow
Get guaranteed acceptance, lifetime protection and a reliable monthly retirement income - on your terms.
- Our guaranteed issuance offer (GIO) offers protection with no medical check up or health questions. We guarantee acceptance with a coverage of up to RM4,000,000 in total premiums paid per life[@insurance-universalincomeplus-premiums-paid].
- Enjoy a monthly guaranteed retirement income payment (GRIP) based on your Total Basic Premiums Payable (TPP). You can choose when your payments begin (as early as age 55) so your plan matches your goals and lifestyle.
- Your policy stays active even if your account value is low. As long as you pay all due premiums (including interest on late payments) your protection is guaranteed, and will not lapse.
Get more than just protection
Protect your present and strengthen your future with a monthly income during critical illness, potential investment growth and long-term death coverage.
- If you’re diagnosed with a covered critical illness[@insurance-universalincomeplus-critical-illness-conditions], you’ll get a monthly income starting the next month regardless of whether you have reached your chosen GRIP payout age. These payments will continue until the policy year ends at age 88 or age 100, as long as all premiums and outstanding amounts are paid.
- Grow your long-term savings with potential investment returns[@insurance-universalincomeplus-potential-upside-return]. You can also reinvest your GRIP payout to increase your account value and build a more secure future.
- Additionally, you're protected through our death coverage. You can choose how long the coverage lasts – up to age 88 or 100 – giving your loved ones added financial security and peace of mind.
Are there any eligibility requirements?
To apply for HSBC UniversalIncome Plus plan:
- you'll need to be between 18 and 100 years old (nearest birthday); and,
- the insured person needs to be between 30 and 70 years old
Apply for HSBC’s UniversalIncome Plus today!
Find your nearest HSBC branch to apply.
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Embark on a journey to financial prosperity and a happy retirement.
Get insured today and secure your loved ones' financial future