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Flexible Savings and Investments Plan (FSIP)

Our Flexible Savings and Investments Plan is a unit-linked life assurance policy that brings together a broad range of global investment opportunities and will give you the opportunity to potentially grow your investment through a mix of equity and bond based investment Funds. A choice of 26 investment funds are available.

Structure your portfolio of investments and balance growth and risk acccording to your personal preferences.

FSIP
Single Premium

Minimum Investment
€7500

Minimum Term
5 years

Investment Choice
26 funds

Structure your portfolio of investments and balance growth and risk according to your personal preferences.

Contact us
Key features and benefits
  • Minimum 18 years of age and maximum 69 years.
  • Be the life assured on the policy or nominate your child as the life assured.
  • A wide choice of unit-linked funds through a number of local and international investment funds based on bond and equity investments.
  • Can invest in a maximum of 5 funds with a minimum allocation of 20% in one fund.
  • Choice of 3 risk-graded strategic in-house funds.
  • Duration of policy can be between 5 to 45 years.
  • Can extend the policy for a minimum 1 year period on maturity.
  • Make premium deposits any time, subject to a minimum of €7500.
  • Can surrender the policy any time.*
Other things you need to know
  • The minimum investment is €7500.
  • Premium Frequency - Lump Sum.
  • Life Cover - A unit-linked life assurance policy providing 101% of the bid value of units in the event of death of the life assured.
  • The facility to make partial withdrawals from your policy subject to holding a minimum of €5000 in the policy account.*
Like some help?

Call our Contact Centre on
+356 2380 2380

We’re here 8:00am to 10:00pm daily
excluding Sundays and Public Holidays

* Policy surrender charges apply in the first five years.

 

FSIP
Regular Premium

Minimum Investment
€100 *

Minimum Term
5 years

Investment Choice
26 funds

Structure your portfolio of investments and balance growth and risk according to your personal preferences.

Contact us
Key features and benefits
  • Minimum 18 years of age and maximum 69 years.
  • Be the life assured on the policy or nominate your child as the life assured.
  • Up to 2 persons can be assured on each plan, with the policy money being paid out on the first death.
  • Can invest in a maximum of 5 funds with a minimum allocation of 20% in one fund.
  • A wide choice of unit-linked funds through a number of local and international investment funds based on bond and equity investments.
  • Choice of 3 risk-graded strategic in-house funds and HLM With-Profits fund.
  • Duration of policy can be between 5 to 45 years.
  • Can extend the policy for a minimum 1 year period on maturity.
  • Make premium deposits any time, subject to a minimum of €7500.
  • Can surrender the policy any time.**
Other things you need to know
  • * Minimum investment is €100 monthly over a minimum period of 10 years and €150 monthly over a minimum period of 5 years and above.
  • Premium Frequency - monthly, quarterly, half-yearly or annually.
  • Life Cover - A unit-linked life assurance policy providing a guaranteed life assurance of €2500 in the event of death of the life assured of 61. ***
  • The facility to make partial withdrawals from your policy subject to holding a minimum of €2500 in the policy account.**

  • Additional benefits
Like some help?

Call our Contact Centre on
+356 2380 2380

We’re here 8:00am to 10:00pm daily
excluding Sundays and Public Holidays

** Policy surrender charges apply in the first five years.
*** In the event of the death of the life assured, the greater of the Guaranteed Life Assurance of €2500 or the value of policy account is paid.

 

Have a question?

Have a question?

Call our Contact Centre on

+356 2380 2380

We're here from 8:00am to 8:00pm excluding Sundays and Public Holidays.

 

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Registered Address: 116, Archbishop Street, Valletta VLT 1444. Company No.:C3177

© HSBC Bank Malta p.l.c. 2017. All rights reserved.

Registered Address: 116, Archbishop Street, Valletta VLT 1444. Company No.:C3177

© HSBC Bank Malta p.l.c. 2017. All rights reserved.

 

Important Information

HSBC Life Assurance is authorised to carry on long term business of insurance in Malta and is regulated by the Malta Financial Services Authority under the Insurance Business Act 1998. HSBC Bank Malta plc is enrolled as a tied insurance intermediary for HSBC Life Assurance (Malta) Ltd. under the Insurance Intermediaries Act 2006.

Important note: A compensation scheme is available under insurance business legislation should the insurer be insolvent in respect of obligations which arise from a policy of insurance issued in Malta subject to such limitations, restrictions and exclusions as may from time to time be prescribed.

Flexible Savings and Investments Plan

Past performance is not necessarily a guide to future performance. The value of funds and hence the value of your Flexible Savings and Investments Plan may go down as well as up. Changes in the rate of exchange of currencies, particularly where overseas securities are held, may also affect the value of your investment.

With the Flexible Savings and Investments Plan you have the opportunity to grow your investment through a mix of equity and bond based investments. Your choice of the underlying funds should be based on the relevant prospectus; a copy of which is available from HSBC Life Assurance (Malta) Ltd upon request.

This information should not be used as a basis for making a decision on your investment but should be used in conjunction with the full Flexible Savings and Investments Plan brochure & Key Features Document and Fund Fact Sheets.

You may be conscious of the fact that over the medium to long term, shares generally produce returns that outperform those offered through traditional savings accounts. However you should be aware that such savings accounts have lower risks when compared to shares.

 

Additional benefits

Additional Life assurance

This benefit pays an additional sum of money, chosen by you, if the life assured passes away before the policy matures. By choosing this benefit you will ensure that your family will be financially protected should the worst happen in the future.

Accidental Death

This option guarantees the payment of an additional sum assured equal to that of the main life cover. It is payable if the life assured passes away due to bodily injuries resulting exclusively from an accident.

Critical Illness

This option guarantees the payment of the selected sum assured if the life assured is diagnosed with any one of the following conditions: heart attack, coronary by-pass, stroke, kidney failure, life threatening cancer, major organ transplant, coma, paralysis, blindness, and severe burns.

Permanent Total or Partial Disability

This option guarantees the payment of the selected sum assured in case of permanent total disability. If the life assured is diagnosed as being partially disabled, the benefit will be a percentage of the sum assured you had chosen for this benefit, depending on the severity of the disability, whilst the cover will remain for the rest of the sum assured.

Waiver of Premium

This option applies only if the policyholder is also the life assured. This option provides you with a waiver of premium if you suffer a disability which causes you to lose your income. In other words, your life policy will continue without you having to pay the premium, until you recover and are able to resume work.

Full details of the above-mentioned benefits are contained in the respective Product Brochures, Key Features Documents, and Policy Terms and Conditions.