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HSBC Flourish Income Annuity Plan

An annuity plan with 3 years' premium payment period and steady monthly annuity payments after 1 or 3 years for your retirement years

Enjoy both flexibility and potential capital growth in your retirement

Choose to pay your premium over just a few years and receive annuity payments every month for up to 25 years or till the age[@birthdaydefinition] of 99. Accumulate wealth while enjoying the flexibility to plan according to your retirement needs.

 HSBC Flourish Income Annuity Plan is underwritten by HSBC Life, the no.1 provider of new annuity business in Hong Kong[@no1annuityprovider]—we're well-placed to attend to a broad range of your retirement needs.

 What's best for your insurance needs? Get tailored guidance from our Insurance Specialists today.

Key benefits

Adapt to your liquidity needs

Choose to get monthly annuity payments[@monthlyannuitypayment2] after as little as 1 year, or accumulate savings by leaving the annuity payments in the policy to earn non-guaranteed interest 

Effective capital growth

Get a 3% annual increment on monthly guaranteed annuity for the first 10 years of the annuity period, plus monthly non-guaranteed annuity supported by accumulated dividends starting from the 11th year of the annuity period to cope with inflation 

Long-term income stream

Monthly annuity payments for 25 years or until age[@birthdaydefinition] 99 allow you to enjoy a more secure retirement 

Option to protect against dementia

For an additional premium, you can get extra coverage for yourself and your family against financial worries in the event of severe dementia[@dementiaprotection2] 

Special offers — Enjoy up to 7.5% off

  • Enjoy up to 7.5% off your first year's premium. T&Cs apply.
  • Enjoy preferential interest rate on time deposit after successfully applied for this plan. T&Cs apply.
  • Enjoy first-year premium waiver on HSBC VHIS Flexi Plan when you apply for this plan with designated premium amount. T&Cs apply.

Dementia protection

Dementia is a major cause of disability and dependency among the elderly[@dementiareference]. It financially impacts those living with the condition and family members who act as their carers. You can enhance your basic plan with this supplementary benefit at an additional premium to better protect yourself and your family against the financial consequences of dementia.

If the insured person is diagnosed with severe dementia:

  • during the accumulation period: you can obtain a refund of all the premiums you've paid for this benefit
  • during the annuity period: you'll receive an additional 100% of the monthly guaranteed annuity payments[@monthlyannuitypayment2] under the basic plan paid to you or your designated benefit recipient, until the insured person passes away or reaches age[@birthdaydefinition] 99, whichever is earlier

How to apply


To apply for the HSBC Flourish Income Annuity Plan, you'll need to meet both of these requirements:

  • be aged[@birthdaydefinition] between 19 and 75, depending on the annuity period you select
  • meet our criteria for nationality (country/region/territory), address and residency—which are subject to change from time to time


The HSBC Flourish Income Annuity Plan is a life insurance plan with a savings element underwritten by HSBC Life (International) Limited ("HSBC Life"). It is not equivalent or similar to a bank deposit. Policyholders are subject to HSBC Life's credit risk and early surrender loss.

Talk with us

Get personalised support from our Insurance Specialists. Book a face-to-face appointment or meet with us over video.

Or call us on (852) 2233 3130. Lines are open 11am to 7:30pm, Mondays to Fridays except public holidays.

HSBC Premier Elite or Premier customer?

Contact your Premier Elite Director or Relationship Manager. HSBC Premier customers can also call us on (852) 2233 3322.

Find out more

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Get easy access to your policy details, future policy projections, make changes to your policies and more, all via online or mobile banking 


    HSBC Flourish Income Annuity Plan is a life insurance plan with a saving element 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. It is not equivalent or similar to any kind of bank deposit. 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 agency of HSBC Life for the distribution of life insurance products in the Hong Kong Special Administrative Region. This product is a product of HSBC Life but not HSBC and it is intended only for sale in the Hong Kong SAR. If the policyholder discontinues and / or surrenders the insurance plan in the early policy years, the amount of the benefit he / she will get back may be considerably less than the amount of the premium he / she has paid. 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.