HSBC Life Jade Ultra Legacy Universal Life
HSBC Life
Category
Universal Life
Coverage
Death, Terminal Illness
Coverage Term
Whole Life
Overview
HSBC Life Jade Ultra Legacy Universal Life is a Universal Life plan designed for HNW individuals to provide high life insurance protection and potential wealth accumulation. This plan is available in USD, AUD, and GBP, and has a minimum sum assured requirement of USD 5,000,000 or it's currency equivalent.
Key Features
- Guaranteed Minimum Crediting rate
- Change of Life Insured option - two times for individual plans, unlimited for corporate plans
- Loyalty bonus at end of policy year 10, 15, and 20
- Optional: No-lapse guaranteed (NLG) up to Age 100
- Optional: Guaranteed Crediting Rate lock
Universal life plans are a type of life insurance that provide lifelong coverage while building cash value over time, with flexibility to adjust premiums and coverage within certain limits. There are various types of universal life plans, and they can be structured either mainly for protection needs or to generate potential income and wealth accumulation.
