HSBC Family Protector, which comprises the basic plan and any additional benefits of your choice, is a term life insurance plan with no savings element underwritten by HSBC Life (International) Limited. The plan aims to fulfil your need for financial protection against mishaps such as death, and for health care needs to prepare for situations such as critical illness or hospitalisation. It is not a bank deposit or bank savings plan.
Limited time offer: Get your premium waived for up to 8 months
Get up to a 4+4 month premium waiver now! Enjoy a 4-month premium waiver when you apply online for Family Protector before 31 October 2021 with the promo code "4MTHFR"*. Plus, get an extra 1-month premium waiver for every additional benefit you add to your plan – maximum 4 months premium waiver#.
One plan you can tailor to your needs
Whether you've just started your career, you're newly married or you're looking for protection for your children, our HSBC Family Protector offers life protection and flexible options of additional benefits to meet your needs at different life stages.
Life coverage of up to HKD7,000,000 with premiums as low as HKD10.932 per day - no medical examinations needed
Up to 4 additional benefits of your choice on accidental death, critical illness, cancer, child protection, hospital cash, with a total of 84 combinations to choose from!
Premium for your coverage is payable on a monthly basis and guaranteed fixed every 10- year period, for both basic plan and additional benefits3
Easy online application with simple steps
Coverage can be up to age 80 with regular monthly premium payment
Add medical and accidental death coverage of your choice
- Critical illness & cancer protection
- Child protection
- Hospital cash benefit
- Accidental death benefit
Our critical illness & cancer protection helps you prepare for your medical needs in the event of critical illness or cancer. Details of the benefit:
- 2 options of additional benefits, the cancer benefit to offer protection against cancer or the critical illness benefit to offer protection against cancer, heart disease and stroke
- 3 levels of coverage, HKD500,000, HKD1,000,000 or HKD1,500,000
- Premium for your coverage is payable on a monthly basis and guaranteed fixed every 10- year period3
- Coverage can be up to age 80 whilst your monthly premium is met
This is only a general summary. For more details and a full list of exclusions, please refer to our Critical Illness Benefit Policy Provisions and Cancer Benefit Policy Provisions. Chat with us using our Live Chat9 service if you have any questions about the coverage and quotes of the additional benefits.
Critical illness & cancer protection
Hospital cash benefit
Accidental death benefit
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See how people around you are being protected
Sam, a working dad, non-smoker - 'I am the father of a 3-year-old girl and am expecting a second child with my wife. I want my family to be taken care of in case the unexpected happens.'
Tom, a young professional, non-smoker - 'I'm single, living with my elderly mum. I want her to be taken care of if something were to happen to me.'
Lily, newly married, non-smoker - 'I've recently got married and just bought a flat with a mortgage. I want to make sure my husband can continue living in the family home if anything happens to me.'
The stories are illustrative examples and for reference only.
Instant protection in 3 steps
Step 1: Select the amount of life coverage from HKD1,000,000 to HKD7,000,000 according to your needs.
Step 2: Select up to 4 additional benefits to extend the protection for you and your family.
Step 3: Answer a few questions to tell us about your health conditions and personal details.
Are you eligible?
Here's a checklist to see if you can apply. You'll need to:
- be aged17 between 19 and 60 and
- hold an existing HSBC HKD bank account or HKD credit card and
- apply with the HKID you've used to open your HSBC account
How to open an HSBC bank account online with your mobile? See details
Please note, this plan is subject to eligibility restrictions on addresses in US, mainland China and Japan.
Please ensure that you can afford the total amount of premiums and relevant levy for the entire payment term of your basic plan and any additional benefits of your choice, and you will not be refunded the premiums paid if you surrender your policy.
Neither this plan nor any of its additional benefits have any cash or surrender value. Unless you exercise your cancellation right within the cooling-off period, you will not be able to access any funds from your policy by terminating or surrendering it. You should seek source from other sources of liquid assets or cash to meet your present or future liquidity needs.
Ready to apply？
I'm a Personal Internet Banking customer
Frequently asked questions (FAQs)
What if I change my mind after purchasing the policy? Can I cancel my basic plan or the additional benefits?
Will my health condition affect the premiums after the policy is effective?
If I am expecting a baby, can I purchase the child protection for him/her?
What if I have question about my application?
You may also be interested in
HSBC Family Goal Insurance Plan
3-in-1 solution with enhanced protection for the first 20 years , offering life protection, untapped savings appreciation, cancer benefit covering your children*.
*The cancer benefit is applicable to the first 20 policy years. Only one claim can be made by either the life insured or his or her child aged below 18 under this coverage.
Goal Access Universal Life Plan (Protection)
Provides protection and saving features, plus the flexibility to adjust the sum insured to fit your changing needs at different stages of your life.
The above plans are life insurance plan underwritten by HSBC Life (International) Limited. Policyholders are subject to the credit risk of HSBC Life and early surrender loss.
Manage your policy
Manage your policy online
Access your policy details anytime, anywhere on both your HSBC HK Mobile Banking app and our Personal Internet Banking webpage, so you can check your benefits, coverage, premium due dates and much more at your fingertips.
Make a claim
Sometimes life doesn’t go according to plan and you’ll want to make an insurance claim as soon as possible.
Simply call our Tele-Consultants at (852) 3128 0122 who will assist you in preparing your relevant claim request(s).
# This offer applies to both your basic plan and additional benefits after your first month's payment. You can only enjoy this offer if your additional benefits are purchased and approved together with your basic plan.
1 The total sum insured of all the pending and in-force applications or policies issued under HSBC Life (International) Limited ('HSBC Life') for each life insured subject to the simplified underwriting requirements shall not exceed HKD7,000,000 (for life insured aged 50 or below) or HKD3,500,000 (for life insured aged 51 or above). Please note, age refers to the age you'll be on your next birthday. The death benefit equals to the sum insured less outstanding premiums (if any). HSBC Life reserves the right to accept or reject any applications for the plan based on the information provided by the life insured during their application.
2 Based on the sum insured of HKD7,000,000 of a non-smoking female who is 19 years old. Age refers to the age at the next birthday. The figure is subject to rounding adjustment. The actual amount of the premium is decided at the discretion of HSBC Life (International) Limited.
3 Your HSBC Family Protector total monthly premiums, including the basic plan and additional benefits, will stay the same for the first 10 years, then the premiums will be adjusted every 10 years until your policy ends or until you reach the age of 80 - regardless of how the state of your health changes. Please note, age refers to the age you'll be on your next birthday.
5 If any of your nominated beneficiaries fall under the relationship status of grandchildren, grandparents, stepchildren, step parents, step brother, step sister, cohabiting or non-cohabiting partner, you’ll be required to submit the relevant declaration or documents as proof of an insurable relationship between the life insured and the nominated beneficiaries. Please refer to the relevant declaration form for nominating a non-cohabiting partner or the form for all other relationships listed. For more information and requirements you can also visit our 'Love Bonds Us All' page.
8 Disability' or 'disabilities' shall mean injury, sickness, disease or illness and shall include all diabilities arising from the same cause including any and all complications arising therefrom, except that where after 90 days following the latest medical treatment or consultation no further treatment for the said disability is required, any subsequent disability from the same cause shall be considered a separate disability.
10 Based on the protection amount of HKD1,500,000 for the critical illness benefit of a non-smoking female who is 19 years old. Age refers to the age at the next birthday. The figure is subject to rounding adjustment. The actual amount of the premium is decided at the discretion of HSBC Life (International) Limited.
12 Based on the protection amount of HKD1,600 per day of a 19-year-old female. Age refers to the age at the next birthday. The figure is subject to rounding adjustment. The actual amount of the premium is decided at the discretion of HSBC Life (International) Limited.
15 Based on the basic plan sum insured of HKD7,000,000 of a 19-year-old female. The benefit payable for the accidental death benefit is an additional 50% of the basic plan sum insured, which is HKD3,500,000. Age refers to the age at the next birthday. The figure is subject to rounding adjustment. The actual amount of the premium is decided at the discretion of HSBC Life (International) Limited.
HSBC Family Protector, including the basic plan and the additional benefits of your choice, is underwritten by HSBC Life (International) Limited ("HSBC Life") which is authorised and regulated by the Insurance Authority ("IA") to carry on long-term insurance business in the Hong Kong SAR. Please refer to the product brochure for detailed features and the policy provisions for the detailed terms and conditions.
HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Group's insurance underwriting subsidiaries. The Hongkong and Shanghai Banking Corporation Limited ('HSBC') is registered in accordance with the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong) as an insurance agent authorised by HSBC Life. This product is a product of HSBC Life but not HSBC and it is intended only for sale through HSBC in the Hong Kong SAR. Your benefit is subject to the credit risk of HSBC Life. Your premiums paid will form part of HSBC Life's assets. You do not have any rights or ownership over any of those assets. Your recourse is against HSBC Life only.
In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between HSBC and you out of the selling process or processing of the related transaction, HSBC is required to enter into a Financial Dispute Resolution Scheme process with you; however, any dispute over the contractual terms of the above insurance product should be resolved between HSBC Life and you directly.