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Wealth Accumulation Plan

A Wealth Accumulation Plan helps your money to work harder for the future, while offering the potential for investment growth.

About the Zurich Wealth Accumulation Plan

Zurich Wealth Accumulation Plan (WAP) allows you to make both regular and single contributions, offers the potential for investment growth, and is adaptable enough to change as your circumstances change. 

What you get with a Zurich Wealth Accumulation Plan

Initial single premiums

Start with a minimum initial single premium and increase your regular contributions to your plan at any time.

Enhanced death benefit

Your loved ones will receive an enhanced death benefit if the last life insured dies in the first 5 or 15 years.[@wealthaccumulation-enhanceddeath]

Flexible premium plans

Flexible payment options of yearly, half-yearly, quarterly, monthly or a single premium.

Flexible investment funds

Switch between investment funds at no extra cost to reflect your changing circumstances.

How it works

A Zurich Wealth Accumulation Plan offers a flexible way to grow your investment potential by allowing you to:

  • Create your own portfolio
  • Choose a portable plan that can move with you [@productportability]
  • Make regular or single contributions
  • Make regular withdrawals or partial surrender at any time

Is a Wealth Accumulation Plan right for you?

A Wealth Accumulation Plan may be suitable if you:

  • Are looking for a flexible way of investing
  • Want access to a wide range of funds
  • Understand and accept the risks of this type of investment
  • Are able to hold the investment for medium to longer term

Things to know

Who can apply?

You can apply for a Wealth Accumulation Plan if you:

  • Are a UAE national or live in the UAE
  • Are aged 21 or over
  • Already bank with HSBC Bank Middle East Limited

How to submit a claim 

Get started

To speak to us about a Wealth Accumulation Plan, fill out your details and someone from our wealth management team will call you back in 1 working day.

We'll get back to you during working hours, Monday to Friday, 09:00 to 16:30. If you contact us outside these times, we aim to get back to you on the next working day. We may record calls to help improve our service to you.

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Additional information

    Disclaimer 

    All life insurance plans are provided and underwritten by Zurich International Life Ltd. 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 and conditions applicable to these products will be of Zurich International Life Ltd, 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.


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