August 29, 2012

HSBC enhances Accidental Death and TPD riders

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

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