HSBC's UniversalTreasure Plus Plan
Benefits
- Increasing annual guaranteed income in the form of guaranteed cash payment (GCP)1
- Guaranteed maturity benefit1 of total premiums paid
- Protection upon death
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Issued by HSBC Bank Malaysia Berhad (Company no.127776-V) ("HSBC Bank"). HSBC's UniversalTreasure Plus ("this Plan") is underwritten by Allianz Life Insurance Malaysia Berhad (Company No.104248-X) ("Allianz Life") and HSBC 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.
1The percentage of Guaranteed Cash Payment (GCP) shall depend on the chosen premium payment term (Single Premium or Regular Premium) and type of GCP (immediate GCP or deferred GCP). The type of GCP shall be selected at the inception of the policy. The GCP and Guaranteed Maturity Benefit will only be payable provided that all premiums due and any interest charged on late premiums and any other indebtedness to Allianz Life are paid.
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