• Life insurance products could protect your mortgage, other borrowing commitments and your’s and your family’s lifestyle.

  • Expand your life insurance with Critical Illness Cover for 39 medical conditions.

  • Combine life cover with our enhanced critical illness policy for more comprehensive Critical Illness protection, covering 50 medical conditions and surgeries.

Reasons Why

  • We’re proud that our Life and Critical Illness products are regularly commended with industry awards

  • Our online processes make it simpler to get covered, and our claims service is award-winning

  • Access health checks and medical experts with HSBC Life Online Health Services

Products Comparison Table

Note: the ‘sum assured’ is the amount of money you would receive in the event of a claim, as agreed when you take out the policy. 

Death Benefit — A lump sum payment on death

  • Included
    HSBC Life Protection
  • Not Included
    HSBC Critical Illness
  • Not Included
    HSBC Critical Illness Plus
  • Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Terminal Illness Benefit* — a lump sum payment if you are diagnosed with a terminal illness

  • Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Critical Illness Benefit — (full payment condition) – a lump sum payment if you are diagnosed with a specified critical illness or you undergo a specified surgical procedure

  • Not Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Critical Illness Benefit — (additional payment condition) – a lump sum payment if you are diagnosed with a specified Critical Illness or you undergo a specific procedure

  • Not Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
    The lower of £25,000 or 25% of the sum assured
  • Included
    HSBC Critical Illness Plus
    The lower of £50,000 or 50% of the sum assured
  • Included
    HSBC Life and Critical Illness
    The lower of £25,000 or 25% of the sum assured
  • Included
    HSBC Life and Critical Illness Plus
    The lower of £50,000 or 50% of the sum assured

Increase policy cover amount — the option to increase your cover amount in certain circumstances. No need for a review with our underwriting team.

  • Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Interim Cover — if you are taking the Policy out in connection with a UK residential mortgage, you gain free cover until your policy starts

  • Included
    HSBC Life Protection
  • Not Included
    HSBC Critical Illness
  • Not Included
    HSBC Critical Illness Plus
  • Not Included
    HSBC Life and Critical Illness
  • Not Included
    HSBC Life and Critical Illness Plus

Hospitalisation benefit due to accidental injury — receive £5,000 if the person insured is injured in an accident and stays in hospital for 30 or more consecutive days

  • Not Included
    HSBC Life Protection
  • Not Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Not Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Children’s Critical Illness Benefit (i) — (full payment condition) –payment if your child is diagnosed with a specified critical illness or has a specified surgical procedure

  • Not Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
    The lower of £25,000 or 50% of the sum assured
  • Included
    HSBC Critical Illness Plus
    The lower of £50,000 or 50% of the sum assured
  • Included
    HSBC Life and Critical Illness
    The lower of £25,000 or 50% of the sum assured
  • Included
    HSBC Life and Critical Illness Plus
    The lower of £50,000 or 50% of the sum assured

Children’s Critical Illness Benefit (i) — (additional payment condition) –payment if your child is diagnosed with a specified critical illness or has a specified surgical procedure

  • Not Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
    The lower of £25,000 or 25% of the sum assured
  • Included
    HSBC Critical Illness Plus
    The lower of £30,000 or 50% of the sum assured
  • Included
    HSBC Life and Critical Illness
    The lower of £25,000 or 25% of the sum assured
  • Included
    HSBC Life and Critical Illness Plus
    The lower of £30,000 or 50% of the sum assured

Children’s Hospital Benefit — £100 per day where a dependent child stays in hospital for 7 to 30 consecutive nights

  • Not Included
    HSBC Life Protection
  • Not Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Not Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Children’s Bereavement Assistance — a lump sum payment to assist with costs in relation to death of any dependent Child/Children

  • Not Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
    £5,000
  • Included
    HSBC Critical Illness Plus
    £10,000
  • Included
    HSBC Life and Critical Illness
    £5,000
  • Included
    HSBC Life and Critical Illness Plus
    £10,000

Separation benefit — should you and your partner separate, a joint Policy can be split into two single Policies without the need for any further medical information

  • Not Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Total Permanent Disability Provides a lump sum payment upon diagnosis, before age 65, of the Life Assured’s Loss of physical or mental ability through an illness, which results in them not being able to undertake the main duties of their own occupation ever again. If over age 65, claims are assessed against the ‘Activities of Daily Living’ criteria.

  • Not Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus

Waiver of Premium Benefit  Min and max ages of 17 – 69, with deferred period of 26 weeks. Claims basis: ability to undertake Own Occupation if employed, or if not, Activities of Daily Living criteria. Claims can continue until the end of the policy term or aged 71 if earlier. Not available via comparison sites.

  • Included
    HSBC Life Protection
  • Included
    HSBC Critical Illness
  • Included
    HSBC Critical Illness Plus
  • Included
    HSBC Life and Critical Illness
  • Included
    HSBC Life and Critical Illness Plus
 HSBC Life ProtectionHSBC Critical IllnessHSBC Critical Illness PlusHSBC Life and Critical IllnessHSBC Life and Critical Illness Plus
Death Benefit — A lump sum payment on death Included Not Included Not Included Included Included
Terminal Illness Benefit* — a lump sum payment if you are diagnosed with a terminal illness Included Included Included Included Included
Critical Illness Benefit — (full payment condition) – a lump sum payment if you are diagnosed with a specified critical illness or you undergo a specified surgical procedure Not Included Included Included Included Included
Critical Illness Benefit — (additional payment condition) – a lump sum payment if you are diagnosed with a specified Critical Illness or you undergo a specific procedure Not Included The lower of £25,000 or 25% of the sum assured The lower of £50,000 or 50% of the sum assured The lower of £25,000 or 25% of the sum assured The lower of £50,000 or 50% of the sum assured
Increase policy cover amount — the option to increase your cover amount in certain circumstances. No need for a review with our underwriting team. Included Included Included Included Included
Interim Cover — if you are taking the Policy out in connection with a UK residential mortgage, you gain free cover until your policy starts Included Not Included Not Included Not Included Not Included
Hospitalisation benefit due to accidental injury — receive £5,000 if the person insured is injured in an accident and stays in hospital for 30 or more consecutive days Not Included Not Included Included Not Included Included
Children’s Critical Illness Benefit (i) — (full payment condition) –payment if your child is diagnosed with a specified critical illness or has a specified surgical procedure Not Included The lower of £25,000 or 50% of the sum assured The lower of £50,000 or 50% of the sum assured The lower of £25,000 or 50% of the sum assured The lower of £50,000 or 50% of the sum assured
Children’s Critical Illness Benefit (i) — (additional payment condition) –payment if your child is diagnosed with a specified critical illness or has a specified surgical procedure Not Included The lower of £25,000 or 25% of the sum assured The lower of £30,000 or 50% of the sum assured The lower of £25,000 or 25% of the sum assured The lower of £30,000 or 50% of the sum assured
Children’s Hospital Benefit — £100 per day where a dependent child stays in hospital for 7 to 30 consecutive nights Not Included Not Included Included Not Included Included
Children’s Bereavement Assistance — a lump sum payment to assist with costs in relation to death of any dependent Child/Children Not Included £5,000 £10,000 £5,000 £10,000
Separation benefit — should you and your partner separate, a joint Policy can be split into two single Policies without the need for any further medical information Not Included Included Included Included Included
Optional benefits
Total Permanent Disability Provides a lump sum payment upon diagnosis, before age 65, of the Life Assured’s Loss of physical or mental ability through an illness, which results in them not being able to undertake the main duties of their own occupation ever again. If over age 65, claims are assessed against the ‘Activities of Daily Living’ criteria. Not Included Included Included Included Included
Waiver of Premium Benefit  Min and max ages of 17 – 69, with deferred period of 26 weeks. Claims basis: ability to undertake Own Occupation if employed, or if not, Activities of Daily Living criteria. Claims can continue until the end of the policy term or aged 71 if earlier. Not available via comparison sites. Included Included Included Included Included

*  (i) Children’s Critical Illness Benefit covers any Child of a Life Insured (including natural, step and legally adopted Children of the Life Insured). 

Please note: This table is for illustration purposes. It does not replace the full product terms and conditions. These, with full details of the policy features and benefits, exclusions and limitations, can be found in the Policy Booklet. 

How to buy

There are two ways to buy our life and critical illness products 

Existing customers

  • Visit the HSBC Access portal to view your cover details, get your documents and manage your policy.

  • Here’s how to get in touch

    Phone: 0333 207 5563 (9am to 5.30pm – Monday to Friday, excluding public holidays)

    Email: support@lifeprotectionplan.hsbc.co.uk

    Write to us: Customer Services Centre HSBC Life (UK) Limited, PO Box 1053, St. Albans, Hertfordshire, AL1 9QG

    Please remember to include:
    – Full name and address
    – Email address
    – Contact number and best time to get in touch
    – Policy/account number

Frequently Asked Questions