Top of main content

HSBC’s Universal Income

A Life Insurance Plan

HSBC's UniversalIncome Plan

Look forward to pursuing your life's passion in retirement.


  • Guaranteed long term retirement income
    Payment of 4% to 10.75% p.a. on total premiums paid up to 88 years old1.
  • Guaranteed issuance offer
    No medical examination.
  • Death benefit of 115% or 105% of total premiums paid
    Depending on your age when you participate in this plan.
  • Short premium payment terms
    Choose either 3 years or 10 years.
  • Guaranteed and flexible retirement income payout age
    Options to start Guaranteed Retirement Income Payment (GRIP) payout either at the age of 55, 60, 65, or 70.
  • Potential investment return of your Universal Life Account value

Have you saved enough for your retirement?

HSBC's UniversalIncome guarantees you a predictable and sustainable long-term monthly income in your retirement2 combining a wealth accumulation and decumulation plan that complements and expands your other sources of retirement income.

Apply in branch

Find your nearest HSBC branch to apply.

Already have an insurance policy with us?

You can access your insurance policy details instantly via mobile banking. Simply go to 'Your insurance overview' in the HSBC Malaysia Mobile Banking app.

Or you can do so on the 'Your insurance policy summary' page in your online banking dashboard. Log on to online banking.

1On % of total premiums paid and is subject to the limited premium payment period chosen, the insured's age when he/she participates in the plan and the payout age selected.

2Guaranteed Retirement Income Payment (GRIP) is payable monthly starting from the first month of the policy year in which you will attain the selected GRIP payout age until termination or maturity of the policy, whichever is earlier.

Issued by HSBC Bank Malaysia Berhad (Company no.127776-V) ("HSBC Bank"). HSBC's UniversalIncome ("this Plan") is underwritten by Allianz Life Insurance Malaysia Berhad (Company no.104248-X) ("Allianz Life") and HSBC Bank is the intermediary in distributing this Plan

The benefit(s) payable under eligible policy is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Allianz Life Insurance Malaysia Berhad or PIDM.

Related products


Retire from work, not life.


Today, relax with total peace of mind.


Create a path to take your loved ones further.

Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.