Benefits
Why you'll want an International Term Assurance
- Life Insurance plans with critical illness, disability and income protection from Zurich International Life1
- Portable plans that could move with you2
- Life Coverage: Beneficiaries will get a cash sum in the event of your death3
Critical Illness Coverage:
You will get a cash sum if you are diagnosed with a critical illness during the time period covered by the policy
Permanent and Total Disability Coverage:
You will get a cash sum if you suffer from a disability and are unable to work
- Single, life of another or joint lives first death
- Get high levels of coverage for relatively low premiums, based upon your circumstances. The minimum monthly premium is $30
- You can add any combination of additional covers Including critical illness, permanent and total disability, and waiver of premium benefit
- Plan term from 5 to 35 years
- Cover starts from $100,000 and goes up to $20,000,000
Are you eligible?
You can apply for an International Term Assurance if you:
- are a UAE national or resident
- are between 21 and 74 years old
- you are an existing customer of HSBC Bank Middle East Limited
Things you should know
Zurich International Term Assurance policy provide you with life cover that will pay a cash sum if:
- you die during the term of the policy
- you are diagnosed with a terminal illness and have less than 12 months to live, provided that the diagnosis occurs before the last 18 months of the policy term
- critical illness benefit is chosen, Zurich will pay you a cash sum if you are diagnosed with one of the 34 critical illnesses covered by the policy during the policy term
- permanent and total disability benefit is chosen, Zurich will pay you a cash sum if you become permanently and totally disabled during the policy term
- waiver of premium benefit is chosen, Zurich will pay your policy premiums if you are unable to work through illness or accident
| Profile | Coverage requirements | International Term Assurance premium |
|---|---|---|
| 45 year-old age next birthday, male and non-smoker | Sum assure of AED1,000,000 up to age 60 | Annually: AED3,165 Daily: AED8.6 |
| 35 year-old age next birthday, female and non-smoker | Sum assure of AED 1,000,000 up to age 60 | Annually: AED 1,318 Daily: AED 3.6 |
| Profile | 45 year-old age next birthday, male and non-smoker |
|---|---|
| Coverage requirements | Sum assure of AED1,000,000 up to age 60 |
| International Term Assurance premium |
Annually: AED3,165 Daily: AED8.6 |
| Profile | 35 year-old age next birthday, female and non-smoker |
| Coverage requirements | Sum assure of AED 1,000,000 up to age 60 |
| International Term Assurance premium |
Annually: AED 1,318 Daily: AED 3.6 |
The figures are for illustration purposes only. Insurance eligibility and premiums are subject to underwriting.
How to apply
By Phone
Our representative will call you back in one working day4 to proceed with your request.
Notes
1The life insurance plans are provided and underwritten by Zurich International Life (Zurich). Product terms and conditions and exclusions apply.
2If your country or region of residence changes, you must tell us and Zurich as soon as possible, as this may impact what products and services will be available, or continue to be available, to you in accordance with applicable laws and regulations. HSBC Bank Middle East Limited in the U.A.E. is only a distributor of Zurich's insurance products and is not responsible for claims, processing or otherwise. Buying a life insurance plan is a long-term commitment. An early termination of the plan usually incurs high cost and the surrender value payable (if applicable) may be less than the total premiums paid.
3Terms and conditions and exclusions apply.
4Our wealth management team is available from Monday to Friday, 9:00 to 16:30. If your form is submitted outside of these times, we will call you back on the next working day.
All Life Insurance plans are provided and underwritten by Zurich International Life. This is only general information and does not constitute an offer to buy or sell an insurance product or service. It is also not intended to provide any insurance or financial advice. A person interested in this product should read and consider the Product Brochures, Product Summary and Benefit illustration in deciding whether to buy this product. You can ask for these documents from any of our Branches. Buying a life insurance plan is a long-term commitment. An early termination of the plan usually incurs high cost and the surrender value payable (if applicable) may be less than the total premiums paid.
Product terms and conditions, exclusions and eligibility criteria apply. The terms & conditions applicable to these products will be of Zurich International Life and HSBC will not be responsible for claims, processing or otherwise. For the avoidance of doubt, HSBC does not provide tax advice and you should seek your own external tax advice in relation to this product.
