un-conditional
Providing for your family is non-negotiable. No matter who depends on you, you can help give them financial security. Having the right amount of coverage is critical, and HSBC Insurance can help you get it right here, right now.*
Couple with children
Today's "nuclear family" is anything but average. Education ambitions, activities, and the every day cost of house and home continue to rise. Consider how much your spouse would have to sacrifice trying to manage alone.
A term life policy can give you the coverage you need at each stage in your family's life. From the time your children are toddlers, through high school, into college and beyond, your coverage can grow to keep pace with the financial demands of a maturing family. And adding an optional Child Rider can help provide even more financial protection by insuring your dependent children who are between the ages of 15 days and 23 years old. The Needs Assessment Calculator can help you determine how much insurance you need at this stage of your life.
Single parent
Provider, caregiver, homemaker, and mentor, you put every minute of every day into making a good life for your children. They depend on you for so much. HSBC Insurance can help ensure they keep the life you made for them should anything happen to you.
Because term life premiums are lower than permanent insurance premiums for the same amount of coverage, term life can better fit your budget and still provide substantial benefits. You may also want to consider the benefit of an optional Child Rider which insures your dependent children between the ages of 15 days and 23 years old. The Needs Assessment Calculator can help you find the right coverage that best fits your needs, and the straightforward online application can have you approved and covered in no time.*
Couple (no kids)
Together you and your spouse have made the life you live every day. Together you share the financial commitment to secure this lifestyle for each other tomorrow.
Life insurance is key to this commitment. Term life offers a good way to help achieve the level of coverage you need. And because both of you can have a policy, both of you can help ensure the other will be taken care of the way you would want.
Life stage considerations
You are a stay-at-home parent
You play a big role in your family's lifestyle. The childcare and home care you provide all add up to expenses saved from the family budget. Term life insurance can help provide the coverage your family would need should something happen to you before your children are off on their own. And an optional Child Rider can help offer additional financial protection should something tragic happen to your child.
You have changed jobs
More and more, people are moving to new jobs. Often these career changes leave a gap in life insurance coverage for dependents. You can get the consistent coverage your family needs by purchasing a term life policy. With fixed lower premium costs and a fixed time commitment, term life will keep you covered as you find your new career.
You have a change in marital status
After a marriage, death of a spouse or divorce, you need to reevaluate your financial picture. If you have dependents, you'll want to make sure they're protected for the future. You'll also want to make sure that your financial resources are controlled the way you want them to be even after you're gone. Term life from HSBC Insurance can help ensure stability in your financial foundation.
You are responsible for others
Today, it's common for people to be responsible for their aging parents even as they themselves reach retirement. Or, you may have a member of your extended family that needs ongoing medical care. Your financial plans need to include not just your spouse and children, but also the potential of sustaining care for anyone else who depends on you. Term life can help provide a perfect way to have the coverage you need as long as you need it.
