HSBC EarlyIncome Deferred Annuity Plan

Benefit term: Until the annuity period endsPublic source · Checked: 13 Oct 2026Public source · Checked: 13 Oct 2026

Recorded features: Death benefit is subject to the policy terms. / Guaranteed cash value follows the policy schedule. / Certified as a qualifying deferred annuity policy; tax deductions depend on eligibility.Public source · Checked: 13 Oct 2026Public source · Checked: 13 Oct 2026

Policy loans, including previous unpaid borrowing, must not exceed 90% of the stated net cash value before outstanding loans, interest and premiums.Public source · Checked: 13 Oct 2026

Premium payment terms: 5 yearsPublic source · Checked: 13 Oct 2026Public source · Checked: 13 Oct 2026

Minimum premium & basis: HKD 84,100 / Annual / Applicable option / payment term: Depends on issue age and annuity option.Public source · Checked: 13 Oct 2026Public source · Checked: 13 Oct 2026

The included Unemployment Benefit can extend premium-payment grace to 365 days after at least thirty consecutive days of unemployment before age 65, subject to eligibility.Public source · Checked: 13 Oct 2026

Guaranteed / non-guaranteed components: Guaranteed cash value follows the policy schedule.Public source · Checked: 13 Oct 2026

Guaranteed cash value follows the policy schedule.Public source · Checked: 13 Oct 2026Public source · Checked: 13 Oct 2026

Suicide within one year of issue or effective reinstatement, whichever is later, restricts the death benefit to premiums paid less the stated benefit payments.Public source · Checked: 13 Oct 2026

Suicide within one year of issue or effective reinstatement, whichever is later, restricts the death benefit to premiums paid less the stated benefit payments.Public source · Checked: 13 Oct 2026

Early surrender may return less than the premiums paid.Public source · Checked: 13 Oct 2026

The document states a 21-day cooling-off period; cancellation and refund conditions apply.Public source · Checked: 13 Oct 2026

Included Additional Accidental Death Benefit and Unemployment Benefit require no additional premiums but have separate eligibility and provisions.Public source · Checked: 13 Oct 2026

Insurer claims guide · Annuity

1. First contact the insurer through its published complaint channel; retain its written reply.Public source · Checked: 12 Oct 2026

2. Insurance Authority: submit the signed complaint form with supporting documents by email, post or fax. It handles insurer/intermediary conduct; it cannot adjudicate claim disputes or order compensation. Eligible claim disputes can go directly to ICB; an IA referral requires the complainant’s consent.Public source · Checked: 13 Oct 2026

3. Insurance Complaints Bureau: eligible monetary disputes under personal policies with member insurers, up to HK$1,500,000. A policyholder, beneficiary, insured or rightful claimant must file within six months of notification of the insurer’s final decision. Industrial, commercial and third-party insurance and cases undergoing or having completed litigation/arbitration are excluded. Non-claim complaints exclude service quality, underwriting decisions, investment performance and levels of fees, premiums, charges or interest. Similar rejected claims across policies are aggregated; periodic/long-tail claims use a five-year total.Public source · Checked: 13 Oct 2026

ICB accepts written complaints by post, fax or email using its complaint form. Include policy and application documents, claim form, relevant evidence and the insurer’s final written decision; no reception counter service.Public source · Checked: 13 Oct 2026

IA QDAP certification evidence: Certified as a qualifying deferred annuity policy; tax deductions depend on eligibility.Public source · Checked: 13 Oct 2026