Term life insurance details | HSBC

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Term life insurance

To learn more, call 866.586.4722 or email us

Term life insurance offers protection tailored to suit your needs

Visit your local HSBC branch to speak with us about term life insurance for your specific financial strategy. We can help you determine the plan that offers suitable terms, premiums and coverage.

You can rest assured knowing that your term life insurance rate will never change, the coverage cannot be decreased and the policy cannot be canceled due to a change in health.

Insurance protection on your terms

Term life insurance provides efficient protection for your wealth and your financial objectives. When you purchase a term life insurance policy you are insured for a defined amount of coverage, at a fixed premium, over a specific period of time (10, 15, 20, or 30 years). Term life insurance generally offers lower premiums than permanent life, and is ideal for periods of increased risk and exposure. If the conditions of your policy are met, your beneficiaries receive a lump sum equal to the amount of coverage you purchased. Proceeds can be used for:

  • Paying off a mortgage
  • Replacing your income during child-rearing years
  • Paying for a child's college tuition.

You may be able to continue coverage after the original period selected, but at an annually increasing premium.

You may want to consider enhancing your coverage with riders:
  • Dependent child rider: covers all of your eligible dependent children up to age 23
  • Waiver of premium rider: waives your premium during total disability (eligibility requirements apply)
  • Accidental–death benefit rider: the coverage amount of your base policy will double in the event of accidental death.

Call an HSBC financial professional1 at 866.586.4722 or email us to arrange a review that can help you decide what coverage is right for you.

Investment and certain insurance products, including annuities, are offered by HSBC Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. In California, HSI conducts insurance business as HSBC Securities Insurance Services. License #: OE67746. HSI is an affiliate of HSBC Bank USA, N.A. Third party whole life, universal life and term life insurance products are offered through Insurance Agents of HSBC Insurance Agency (USA) Inc., which is a wholly-owned subsidiary of HSBC Bank USA, N.A. Products and services may vary by state and are not available in all states. California license #: OD36843.


Investment, Annuity and 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

All decisions regarding the tax implications of your investment(s) should be made in connection with your independent tax advisor.

1 HSBC Securities financial professional refers to Financial Advisors and Licensed Sales Professionals. Financial Advisors provide a full suite of investment and insurance products that are available with HSBC based on individualized customer financial needs and objectives. Licensed Sales Professionals have access to more simplified product sets created to meet customers' key life-cycle needs, e.g., education, retirement, wealth transfers.

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†† Investments, Annuity and 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
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