Key Person Life Insurance | HSBC Business Direct

 

Business Insurance

Key Person Life Insurance

Think about the critical employees at the heart of your business. Is there anyone else with the expertise to do their job if something happened to them? Key Person Life Insurance can help a business recover from the loss of key employees.

'Fisherman on ship.

Safeguard your business from unnecessary hardship

A policy on the life of a key employee can help protect your business against:
  • Disruption of management
  • Reduction in earnings
  • Impairment of credit
  • Possible loss of customers to competition
Policy cash values and/or death benefits may be available to assist in defraying the costs of replacing key employees:
  • Executive candidate search
  • Hiring process
  • Training a replacement

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1 Customer service hours of operation are 6:00AM ET to 12:00AM ET.

Insurance Agents of HSBC Insurance Agency (USA) Inc., a wholly-owned subsidiary of HSBC Bank USA, N.A., and an indirectly wholly-owned subsidiary of HSBC Holdings plc offers Insurance products issued by third-party insurance carriers. Products and services may vary by state and are not available in all states.

Insurance Products:
ARE NOT A BANK DEPOSIT OR OBLIGATION OF THE BANK OR ANY OF ITS AFFILIATES ARE NOT FDIC INSURED ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY ARE NOT GUARANTEED BY THE BANK OR ANY OF ITS AFFILIATES MAY LOSE VALUE

United States persons (including entities) may be subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons and entities should consult a tax advisor for more information.

HSBC Business Direct is a trademark of HSBC Bank plc used under license by HSBC Bank USA, N.A.

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Learn more about Key Person Life Insurance.

Contact Us

Or call our dedicated Business Banking Customer Service1 at
877.472.2249

TTY/TTD:
800.898.5999

Have a question?

Call our dedicated Business Customer Service Center at
877.472.2249

We're here from 6:00AM to 12:00AM ET

TTY/TTD: 800.898.5999
Mon - Fri (6am to 10:30pm ET)
Sat & Sun (7am to 10:30pm ET)