HSBC's UniversalIncome Plan
Benefits
- Guaranteed long term retirement incomePayment of 4% to 10.75% p.a. on total premiums paid up to 88 years old1.
- Guaranteed issuance offerNo medical examination.
- Death benefit of 115% or 105% of total premiums paidDepending on your age when you participate in this plan.
- Short premium payment termsChoose either 3 years or 10 years.
- Guaranteed and flexible retirement income payout ageOptions to start Guaranteed Retirement Income Payment (GRIP) payout either at the age of 55, 60, 65, or 70.
- Potential investment return of your Universal Life Account value
Have you saved enough for your retirement?
HSBC's UniversalIncome guarantees you a predictable and sustainable long-term monthly income in your retirement2 combining a wealth accumulation and decumulation plan that complements and expands your other sources of retirement income.
Apply in branch
Find your nearest HSBC branch to apply.
Ready to stay on top of your policies more easily?
See your policies with just a few taps on the HSBC Malaysia Mobile Banking app.
Simply log on and go to 'Home', find 'Your insurance overview' and select 'View more'.
Alternatively, you can access the dashboard in HSBC Online Banking instead – log on now.
Once you've logged on, go to 'Our products', then select 'Insurance'. Or you can go to 'Quick links' and choose the 'Allianz Insurance Dashboard' icon.
Scan the QR code to get the app now.
1On % of total premiums paid and is subject to the limited premium payment period chosen, the insured's age when he/she participates in the plan and the payout age selected.
2Guaranteed Retirement Income Payment (GRIP) is payable monthly starting from the first month of the policy year in which you will attain the selected GRIP payout age until termination or maturity of the policy, whichever is earlier.
Issued by HSBC Bank Malaysia Berhad (Company no.127776-V) ("HSBC Bank"). HSBC's UniversalIncome ("this Plan") is underwritten by Allianz Life Insurance Malaysia Berhad (Company no.104248-X) ("Allianz Life") and HSBC Bank is the intermediary in distributing this Plan
The benefit(s) payable under eligible policy is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Allianz Life Insurance Malaysia Berhad or PIDM.
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