HSBC Wealth Goal Insurance Plan III

• Enjoy up to 23% off your first year's premium. Offer ends on 31 March 2025. T&Cs apply (PDF, 1.93MB) 
• Get up to HKD1,500 Travel Gift Voucher upon successful application with designated annualised new premiums. Offer ends on 31 December 2025. T&Cs apply (PDF, 697KB)
• Get MOP200 shopping coupon by booking an appointment online to complete a Financial Check-up with us. Offer ends on 31 December 2025. T&Cs apply (PDF, 426KB)
• Enjoy preferential interest rate after successfully applied for this plan. Time deposits are products offered by HSBC Bank. T&Cs apply (PDF, 366KB)

To apply for our Wealth Goal Insurance Plan III, you'll need to meet both of these requirements:

• the insured person is aged between 15 days after birth and 70¹ , depending on the premium payment terms you select
• meet our criteria for nationality (country/region/territory), address and residency, which are subject to change from time to time

HSBC Wealth Goal Insurance Plan III is a long-term participating life insurance plan with a savings element, underwritten by HSBC Life (International) Limited, Macau Branch ("HSBC Life"). It is not equivalent or similar to a bank deposit. Policyholders are subject to HSBC Life's credit risk and early surrender loss.

Sometimes life doesn't go according to plan and you'll want to make an insurance claim as soon as possible.

Simply call the policy and claim service hotline (853) 2821 6133 and our professional claims team will help you deal with your claim.

The above plans are life insurance plan underwritten by HSBC Life (International) Limited, Macau Branch ("the Company"). Policyholders are subject to the credit risk of the Company and early surrender loss.

1. This refers to the policy anniversary at which the insured person or the policyholder will be of the specified age on their next birthday.

2. 'Cash value' is calculated using the current assumed investment returns. It includes projected guaranteed cash value and projected special bonus which is non-guaranteed. The rate of return as shown above is therefore not guaranteed and is shown for illustration only. In this example, it is assumed that the insured person is a 40-year-old male paying an annual premium of USD40,000 for 3 years—and his return after 30 years. In conclusion, the actual cash value under the policy at a future point in time may be higher or lower than the amount quoted in this example.

3. While the policy is in force, you may choose your Designated Person and specify the Designated Percentage (10% to 50% of the aggregate cash value), by submitting a written request to us in a form as prescribed by us and subject to our prevailing rules and conditions, without any policy administrative charges. For details, please refer to the Incapacity Protection Service flyer.

4. Starting from the 3rd policy anniversary or when the policy is fully paid at the end of the premium payment period (whichever is later), if there is no indebtedness¹², you may request to withdraw cash value from this policy in annual or monthly frequency. Please refer to section "Product Summary" of this product brochure for more details.

5. After your 20th policy year, you may be able to lock in a portion of the net cash value if there are no outstanding policy loans or premiums.
The amount you choose to lock in is guaranteed upon exercising the policy value management option. It will be allocated to the policy value management balance to accumulate at a non-guaranteed interest rate which will be adjusted from time to time at HSBC Life's discretion. Being able to choose this option is subject to minimum amount requirements on both the:
-net cash value to be allocated per transaction
-policy amount after exercising this option
These requirements may be determined by HSBC Life from time to time without prior notice to the policyholder. For details, please see the product brochure.

6. Each policyholder is entitled to the change of life insured of policy for unlimited times after the first policy year or after the end of the premium payment period provided all premiums are fully paid when due, whichever is later. Change of life insured is subject to evidence of insurability and approval by HSBC Life which is based on the underwriting conditions of the life insured. Any such request will be assessed on case-by-case basis and is at our discretion, with consideration of multiple factors, including but not limited to the change in underlying claim risk, change in policy term, latest economic outlook; and is at our discretion.

7. If you choose the monthly payments mode for a policy year, please note that your total premiums payable for that policy year will be higher than that in the annual payment mode.

8. The total basic plan premiums paid refers to the total amount of premiums due under your basic plan—whether or not actually paid—as of the date of death for the insured person. Please refer to the policy provisions for detailed terms and conditions.

9. The additional accidental death benefit will terminate when the insured person reaches the age¹ of 80 or upon the payout of this benefit or when the policy is terminated (whichever is earlier), subject to a maximum benefit limit of USD3,000,000 or its equivalent per insured person across all additional accidental death benefit issued by HSBC Life. Please refer to the policy provisions of the supplementary benefits for detailed terms and conditions of coverage and exceptions.

10. The unemployment benefit is applicable to policyholders aged¹ between 19 and 64 who hold a Macau Identity Card. This benefit will terminate when the policyholders attains the age¹ of 65 or all due premiums have been paid or the policy is terminated (whichever is earlier). Such benefit is not applicable to single premium policy. Please refer to the policy provisions of the supplementary benefits for detailed terms and conditions of coverage and exceptions.

11. The death benefit settlement option 2, 3 and 4 are only applicable to policies without any assignment. Option 3 and 4 are available only to the policy with single beneficiary. Please refer to the policy provisions for detailed terms and conditions.

12. Indebtedness means the sum of all outstanding policy loans or automatic premium loans advanced in accordance with the Policy, any accrued interest on such loans, and any outstanding premiums or payments under this policy.

13. It is not a bank deposit or bank savings plan. For further details including the product features and policy provisions for the detailed terms and conditions, please refer to the offering documents.

14. Investment involves risks. For further details including the product features and risks involved, please refer to the offering documents.