HSBC Life – Life Treasure II Review

The complete Pros and Cons on HSBC Life - Life Treasure II

HSBC Life – Life Treasure II (previously known as AXA Life Treasure II) is a whole life insurance plan that protects you against Death, TPD, and Terminal Illness, with an advance payout benefit in the event of disability to perform 2 of 6 Activities of Daily Living (ADLs).

HSBC Life – Life Treasure II product details

  • Life policy – Whole Life Policy
  • Age of Entry
    • 1 month to 65 years Age Next Birthday
  • Flexible Premium Terms
    • Lifetime coverage with premiums payable in 10, 15, 20, 25, or 30 years.
    • Choose to pay premiums on a monthly, quarterly, semi-annual, or annual basis
  • Insurance Coverage
    • Be protected with 100% of Sum Assured against Death, Total and Permanent Disability, and Terminal Illness
  • Guaranteed Insurance Upgrade
    • Choose to increase your coverage at key milestone events such as marriage,  without medical underwriting
  • Disability Benefit
    • Receive an advance disability payout when the life insured is unable to perform 2 of 6 ADLs
  • Optional Riders
    • Multiplier Benefit Rider
      • Receive up to 5x of Sum Assured in case of Death, Total and Permanent Disability, Terminal Illness, and Critical Illness
    • Early Critical Illness Benefit Rider
      • Be covered against 162 early, intermediate, and advanced stage critical illnesses
    • Critical Illness Benefit Rider
      • Be covered against 56 advanced stage critical illnesses
    • Accidental Death Benefit Rider
      • Receive up to 10x of the Sum Assured in the event that life insured meets an accidental death

Read AboutWhole Life Policy: How does it work?

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Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: No

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: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: Yes
Early Critical Illness: Yes

Optional Add-on Riders

Multiplier Benefit
Early Critical Illness
Critical Illness
Accidental Death Benefit

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.

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HSBC Life – Life Treasure II may be suitable if you are looking for

HSBC Life – Life Treasure II may potentially be a good fit if the following matters to you:

  • Initial high protection for Death, Total and Permanent Disability, and Terminal Illness coverage at an affordable premium
  • Initial high Early Critical Illness, Critical Illness coverage with riders
  • Health and Protection coverage due to a shortfall in your Insurance Portfolio

Read About: How much insurance coverage do you really need in Singapore *NEW*

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HSBC Life – Life Treasure II may not be suitable if you are looking for

HSBC Life – Life Treasure II may potentially be a bad fit if the following matters to you:

  • Liquidity or flexibility of withdrawal in your Insurance policy.
  • Access to cash from your policy on a regular basis.
  • Insurance policy with a high surrender value in the early years of the policy.
  • Potentially higher financial returns compared to a pure investment product.

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Further considerations on HSBC Life – Life Treasure II

  • How are the investment returns of HSBC Life – Life Treasure II or HSBC Life – Life Treasure II based on historical performance?
  • How good is HSBC Life – Life Treasure II compared to Whole Life Policy from other insurance companies?
  • Can HSBC Life – Life Treasure II fulfill my financial insurance, health, and protection needs?

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

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

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Compare before you commit

Before committing to a whole life insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies.

Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?

Even worse, to find out you can compare whole life insurance plans here,  100% free of charge on the InterestGuru.sg platform.

INSTANT quotes for Whole Life Plans
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Whole Life Plans

Matching your profile…

Let’s start by filtering out the best whole life plans based on your age and gender. Your gender and age will affect the base premium payable.

Your current age is closest to:

Your gender is:

Male Female
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Whole Life Plans

Understanding your coverage needs…

You whole life plan can provide comprehensive coverage against all 37 major illness. Choose the level of protection you need for yourself and your family.

You require a critical illness (for late stage major illness) coverage of:

You require an early critical illness (for all stages of major illness) coverage of:

100%

Whole Life Plans

Finding you the best whole life plans…

Your annual insurance premium will be lower if you choose to spread out your premium term over a longer period of time.

Your prefer to make payment (premium term) for this whole life plan over a period of:

INSTANT quotes for Whole Life Plans

Is HSBC Life – Life Treasure II suitable for me?

Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.

All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.

*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.

We compare quotations head to head on all leading insurers in Singapore

Personalised whole life plans

Pay for what you need in a whole life plan!

3 easy steps for your customised whole life insurance plan
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Step 1: Getting to know you…

Let's start with a brief introduction of your personal profile. Please note that your current age and gender affects the insurance premium payable for your whole life plan.

Name:

Gender:

Birthdate:

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Step 2: Understanding your coverage needs…

Please select the amount (sum assured) and type of lifetime coverage that is required for this plan:

You need a death coverage (base coverage) amount of?

Do you required critical illness coverage in the event of a major illness (optional)?

100%

Step 3: Finding the best whole life plans for you!

InterestGuru.sg team of financial planners will compare and provide you with the best whole life insurance plans based on your inputs.

Contact:

Email:

Please check your inbox for an e-mail of your financial planning needs. We will be in contact with you within 24 hours.

Personalise your whole life insurance plans

 

Before you go...
HSBC Life - Life Treasure II may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!
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