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Life Insurance Guide

A guide to choosing life insurance

The HSBC guide to choosing life insurance details key considerations for every stage of your life, so you can make informed decisions about your insurance options. In addition, our holistic life-cycle planning approach can help you integrate insurance into a larger wealth-management strategy.

Comprehensive life stage planning

Insurance solutions address different needs depending on where you are in life. For young families, life insurance can help replace income after the loss of a breadwinner. As your income and personal assets increase with career success and growing earning power, the role of insurance coverage can change. For example, during retirement, life insurance can become a key part of a tax-deferred investment and estate-preservation strategy.

In addition to the information in this guide, your HSBC financial professional1 can discuss your life goals and needs to help you make informed decisions. We can help you create an insurance strategy for your current and future life stages, as part of your overall financial plan. Most frequently used for wealth protection and transfer, insurance may also be used for accumulation and distribution. We'll help you focus your strategy across four categories:

Wealth accumulation

Set assets aside for important goals and plan to build wealth through investment compounding, which can include cash value inside insurance.

Wealth protection

Take action with the goal of preserving wealth and planning ahead to help protect your family against setbacks. Insurance is frequently used for this function as part of a larger financial strategy.

Wealth distribution

Use your wealth to enjoy the lifestyle you would like in retirement years and help others during your lifetime. Insurance is often a key component of supplemental retirement planning and income distribution.

Wealth transfer

Arrange for the efficient transfer of your wealth to your beneficiaries. Insurance is ideal for the tax-free or tax-deferred transfer of funds to your heirs without costly delays or probate.

Life-stage planning with professional support

If you would like personal support for your insurance planning, our knowledgeable financial professionals provide:

  • Strategic insurance planning and counsel
  • Thorough knowledge of insurance options for a wide variety of needs
  • Friendly and helpful client service
  • Connections to our global network and expertise


Investment, annuities, and variable life insurance products 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. Whole life, universal life, term life, and other types of insurance are offered by HSBC Insurance Agency (USA) Inc., 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.

Investments, Annuity and Insurance Products:


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


Research backgrounds of brokers and firms for free by visiting FINRA's BrokerCheck website

Environmental, Social and Governance (“ESG”) Customer Disclosure

At this time in the United States, there is no standard definition of, or measurement criteria for, environmental, social and governance (“ESG”) factors or impact.  ESG-related measurement criteria is highly subjective and may vary significantly across and within different sectors.  There is no guarantee that: (a) the nature of the ESG investment, or the ESG impact or measurement criteria of an investment, will be aligned with any particular investor’s ESG goals; (b) the stated or targeted ESG level will be achieved; or (c) an investment approach that considers ESG factors will produce returns similar to those that don’t, or that they won’t diverge from traditional market benchmarks.

HSBC Securities (USA) Inc. and HSBC Insurance Agency (USA) Inc. (collectively “HSBC”) may rely on metrics or measurement criteria devised and/or reported by third party providers or issuers.  HSBC does not always conduct its own specific due diligence in relation to ESG metrics or measurement criteria.

ESG investing is an evolving area and new regulations may come into effect which may affect how an investment is categorized or labeled. An investment that is considered to fulfil ESG criteria today may not meet those criteria at some point in the future.

Please consider the investment’s specific ESG impact measurement criteria in the prospectus or other offering documents prior to investing.

Financial professional refers to Financial Consultants (FCs), Investment Counselors (ICs), and High Net Worth Relationship Managers (HNWRMs). All offer bank products through HSBC Bank (USA) N.A, investments, annuities, and variable life insurance products through HSBC Securities (USA) Inc. and traditional insurance products through HSBC Insurance Agency (USA) Inc.

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