HSBC Life has launched the HSBC Paramount Global Insurance Plan, targeting high-net-worth and ultra-high net-worth clients and offering long-term capital growth potential in the form of guaranteed cash value and special bonus. The minimum sum insured is US$2 million (HK$15.6 million). In the event of accidental death of the life insured, the embedded benefit rider will pay out an additional 30 percent of the total premium paid.
Source: The Standard October 19, 2020 01:52 UTC