HSBC Life Privilege Wealth VUL Review

The complete Pros and Cons on HSBC Life Privilege Wealth VUL

HSBC Life Privilege Wealth VUL is an insurance solution that can build your wealth and fulfill your estate planning needs.

HSBC Life Privilege Wealth VUL product details

  • Life policy – Universal Life Insurance/Investment-linked policy
  • Single premium.
  • Protection for lifetime.
    • Ensure a high sum assured that covers you for a lifetime.
  • Plan for the second generation together.
    • Choose up to 2 policyholders and 2 life insureds under joint-life.
  • Fund your policy using own assets.
    • Fund your premium either in cash and/or bankable unencumbered assets.
  • Retain investment strategy.
    • Manage your assets on your own or engage a professional asset manager.
  • Take advantage of free additional premium benefit.
    • Boost your policy fund value with additional top-ups into your account without premium charge.
  • Free withdrawal benefit.
    • Withdraw your policy value without impacting your coverage and at no surrender charge.
  • Multiple currency options.
    • Select from 7 specified currencies: USD, SGD, CHF, EUR, GBP, JPY, AUD.

Read About3 things to consider before taking up a new financial product

Features of HSBC Life Privilege Wealth VUL at a glance

Cash and Cash Withdrawal Benefits

Cash value: Yes
Cash withdrawal benefits: Yes

Health and Insurance Coverage

Death: Yes
Total Permanent Disability: No
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

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

Nil

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 AboutEffects of compounding returns

Is HSBC Life Privilege Wealth VUL 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.

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    Before you go...
    HSBC Life Privilege Wealth VUL 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.
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