We're here to help you protect your loved ones today, so you don't have to worry about tomorrow.
HSBC Life Cover offers financial support for your loved ones, paying a lump sum if you were to die or be diagnosed with a terminal illness - or a critical illness if you take out extra cover.
Cover is provided by HSBC Life (UK) Limited. Please check the policy documents for full details as terms, conditions, limitations and exclusions apply.
Find out more about your policy.
Know that your payments will never go up
Single or joint
Choose the type of cover that's right for you
Work out how much individual cover you need
Choose from a £75 John Lewis eGift Card or a £75 Argos eGift Card when you buy a new HSBC Life Cover policy. Offer ends 4 August 2022.
To qualify, you must be 18 or older and be registered for online banking and/or mobile banking. HSBC Life Cover is provided by HSBC Life (UK) Limited. Offer terms and conditions (PDF, 61KB)
Level or decreasing cover?
Joint or single cover?
As the name suggests, single cover protects one person. It’s tailored to the insured person's needs and pays out once when they die.
In contrast, joint life cover protects the lives of two people. The same cover amount applies to both of the insured people. And it pays out once when either person dies, at which point the policy ends.
Critical Illness Cover
Available as an optional add-on, Critical Illness Cover can help you with bills and day-to-day expenses, or you could use it to fund private medical care.
Critical Illness Cover pays a lump sum on diagnosis of one of 35 illnesses and surgical procedures including, cancer (excludes less advanced cases), heart attack, stroke and dementia. In 2021, HSBC Critical Illness Cover paid 95.5% of claims received.
With this add-on, if you cancel your Critical Illness policy or make a successful claim, your Critical Illness policy will end but your Life Cover policy will continue. If you cancel your Life Cover policy or make a successful Life Cover claim, your Critical Illness Cover will end.
This add-on is only available as level cover. If you need Critical Illness Cover that reduces over time (known as decreasing cover), or a standalone Critical Illness policy without life cover, speak to one of our advisers.
You’re eligible for Life Cover if you’re:
- an HSBC current account holder (for joint cover, only one person needs to have an HSBC bank account)
- a UK resident (not including the Channel Islands or the Isle of Man)
- over 17 and under 70 years of age at the time the policy starts
Please note, Life Cover must cease before your 80th birthday. If you need Critical Illness Cover after your 75th birthday, please speak to a protection adviser.
Get a quote in minutes
Use our handy calculator to work out how much cover you need and get a quote. To apply online, you need to be registered for online banking.
Things to know
Policy documents and forms
Frequently Asked Questions
What is life insurance?
Which policy is right for me?
Does life insurance cover suicide?
Can I cancel my life cover?
What's the difference between life insurance and life assurance?
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