HSBC Life Flexi Protector Review

For $100 per month, HSBC Life Flexi Protector (previously known as AXA Life Flexi Protector) is an investment linked policy that provides coverage against Death, Total and Permanent Disability, and Death with an optional rider further protecting you against CI

HSBC Life Flexi Protector product details

• Life Policy – Investment-linked policy
• Age of entry
  • Life Assured: 1 month old to 70 years old
    Policyholder: 18 to 70 years old
• Premium
  • Start from as low as $100 per month
• Coverage
  • Be covered up to $350,000 against Death, Total and Permanent Disability, and Terminal Illness

• Investment Options
  • Wide range of expertly chosen local and global funds to invest in
• Additional Bonus Unit
  • Up to 0.3% per annum of the account value
• Life Replacement Option
  • You can transfer this policy to your spouse or child
• Optional Add-on
  • Super CritiCare Benefit Rider
    
    

Read about: Investment-Linked Policy: Is it the best option?

Read about: 6 best Investment Linked Policies in Singapore (Updated)

Features of HSBC Life Flexi Protector at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No (yes with rider)
Early Critical Illness: No (yes with rider)

Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
Super CritiCare Benefit Rider

Additional Features and Benefits
Yes.

For further information and details, refer to HSBC Life website. Alternatively, fill up the form below and let us advise accordingly.

Read about: Effects of compounding returns on your investments

HSBC Life Flexi Protector may be suitable if you are looking for

HSBC Life Flexi Protector may potentially be a good fit if the following matters to you:

• To participate in the long-term financial returns of investing.
• Liquidity or flexibility of withdrawal in your Insurance policy.
• Able to take investment risks and comfortable with financial market volatility.
• Potentially higher financial returns compared to traditional Endowment and Whole Life Policy.
• Insurance options without medical underwriting
  
  

Read about: An introduction to Investment Linked Policy

HSBC Life Flexi Protector may not be suitable if you are looking for

HSBC Life Flexi Protector may potentially be a bad fit if the following matters to you:

• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Guaranteed financial returns in the long-run.
• Insurance policy with a high surrender value in the early years of the policy.
• Expecting an urgent need for withdrawal during a financial market downturn.
  
  

Further considerations on HSBC Life Flexi Protector

• How is HSBC Life or HSBC Life Flexi Protector investment returns based on historical performance?
• How does HSBC Life Flexi Protector compare with Investment-Linked Policies from other insurance companies?
• Can HSBC Life Flexi Protector fulfill my financial, insurance, health, and protection needs?
  
  

The above information may not fully highlight all the product details and features of HSBC Life Flexi Protector. Talk to us or seek advice from a financial adviser before making any decision about HSBC Life Flexi Protector.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering taking up.

Is HSBC Life Flexi Protector suitable for me?