Important notes

• The start-up bonus is applicable in the first 2 policy years only.
• The power-up bonus is applicable during the minimum investment period (MIP) and from the 3rd policy year onwards depending on the selected MIP.
• The loyalty bonus is applicable after the selected MIP.
• Please refer to the product summary for details. You may request a copy from your Financial Planner.
• Premium holidays are allowed while the policy is in force and from the 25th policy month to the end of the MIP, subject to premium holiday charge on the missed regular premium during the MIP. The premium holiday charge will be waived if it falls within the maximum free premium holiday duration of 24 months. In the event the total premium holiday period has exceeded the maximum free premium holiday duration during the premium holiday charge period, the applicable premium holiday charge shall apply. The applicable policy charges due will still be payable during any premium holiday period. No premium holiday charge will be applicable after the MIP.
• Partial withdrawals are allowed while the policy is in force and from the 25th policy month, subject to partial withdrawal charge (PWC) and minimum holding amount (MHA). The minimum amount you may withdraw is SGD250 or USD250 and in multiples of SGD10 or USD10. The total account value of the regular premium account of the remaining units in the policy on the date we receive a request for partial withdrawal must not be less than the amount equivalent to the first 18 months regular premium instalment ('Minimum Holding Amount'). The Company reserves the right to impose a maximum withdrawal limit on each partial withdrawal, vary the minimum withdrawal amount, MHA and PWC from time to time. If you apply for a full surrender within 24 months of making a partial withdrawal, you will incur additional early encashment charge (EEC). However, if the partial withdrawal was made from the top-up account, you will not incur this additional EEC.
• Top-up premiums are allowed, starting from the 13th policy month and before the insured person reaches age 70. The minimum top-up premium amount is SGD5,000 or USD5,000 and in multiples of SGD10 or USD10. Top-up premiums are capped at 2 times the original annualised regular premium through the policy term. Each top-up premium is subject to a 3% premium charge which will be deducted from the ILP sub-funds after allocation of the top-up premium.
• Changes to regular premium are allowed from the 5th policy year onwards depending on the selected MIP. The regular premium can be reduced by a maximum of 25% of the original regular premium committed at the commencement date, subject to the minimum regular premium as determined by us from time to time. No power-up bonus is payable in the subsequent 12 policy months if the regular premium reduction takes place during the MIP. Bonus recovery charge is payable on each regular premium reduction during the MIP. There will not be any backpay of the start-up bonus in the event of an increase in the regular premium.

The start-up bonus is applicable in the first 2 policy years only.

HSBC Life Wealth Voyage is underwritten by HSBC Life (Singapore) Pte. Ltd. (Reg. No.199903512M).

This webpage contains only general information and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. This is not a contract of insurance and is not intended as an offer or recommendation to buy the product. A copy of the product summary may be obtained from our authorised product distributors. You should read the product summary, product highlights sheets and fund summary before deciding whether to purchase the product and subscribe for units in the ILP sub-funds. You may wish to seek advice from a Financial Planner before making a commitment to purchase the product. In the event that you choose not to seek advice from a Financial Planner, you should consider whether the product in question is suitable for you. Please refer to the general provisions for the exact terms and conditions, specific details and exclusion of this product. Investments in this plan are subject to investment risks including the possible loss of principal amount invested. The value of the units may rise as well as fall. Past performance is not necessarily indicative of future performance. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually incurs high cost and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. It is also detrimental to replace an existing life insurance policy with a new one as the new policy may cost more or have fewer benefits at the same cost.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is correct as at 18 November 2024.