HSBC highlights improvements in the Accidental Death Benefit and Total Permanent Disability riders
Accidental Death Benefit (ADB) Rider
HSBC Insurance's ADB rider offers global coverage for you and your loved ones if you meet with an accident that may eventually lead to death. Accidental death refers to any bodily injury caused solely and directly by an unexpected, unforeseen and unintentional event, which results in death within 90 days of the injury sustained.
Total Permanent Disability (TPD)2 Rider: Now with Lump Sum Payment
With effect from 4 June 2012, all initial Total and Permanent Disability claims will be converted from existing instalment payout to lump sum payment. The improvement in the extension of ADB coverage and the conversion to lump sum payment for the TPD benefit comes at no additional cost to you.
Source: http://www.insurance.hsbc.com.sg/1/2/sghi/foresight/enhancement
August 29, 2012
Disclaimer
This website is intended to provide general information, news summary and share author's personal views only and should not be taken as a base for a financial advise. It has been prepared without taking into account any particular person's objectives, financial situation or needs. Investors should, before acting on any of information in this website, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain financial advice specific to their situation before making any financial investment or insurance decision.