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Life Cover

Think of it as love insurance...

Ready to start? Apply online now or through your mobile banking app.

If you’re struggling to pay your Life Cover, Critical Illness Cover or Income Cover monthly premiums because of coronavirus, help is available. Please visit our support page to find out more.

A treat for you and your loved ones

Choose from a family day out, a night away for two or a £75 Argos eGift Card when you buy HSBC Life Cover online.

To qualify for the offer, you must be age 18 or older. Offer T&Cs. HSBC Life Cover is provided by HSBC Life (UK) Limited.

Life Cover can’t save a life, but it can help protect those loved ones who are left behind from unnecessary financial burden.

HSBC Life Cover offers financial peace of mind to your loved ones, paying a lump sum if you were to die or be diagnosed with a terminal illness.

Always remember to check the policy documents for full details as terms, conditions, limitations and exclusions apply. HSBC Life Insurance is provided by HSBC Life (UK) Limited.

Find out more about your policy.

Key benefits

  • Affordable cover

    Cover from as little as £5 a month

  • Single or joint

    Choose the type and level of cover to suit your needs

  • Find out how much you need

    Use our calculator to work out your individual needs

  • Reliable pay outs

    100% claims paid in 2019

  • Quick application

    Get a quote in minutes

  • Instant protection

    You’re immediately covered by our free Accidental Death benefit

Understanding your options

Level or decreasing cover?

With level-term cover, the pay out you receive stays the same throughout the term of the policy. It’s suitable for protecting interest-only mortgages, and also personal loans and debts, university fees for your children, funeral costs and other expenses. Keep in mind the payout does not keep up with inflation.

If you’re looking to protect a capital repayment mortgage, decreasing-term cover could be suitable. Because the insured sum decreases over the term of the policy, this means your monthly payments will be lower than level-term cover. Although the amount you pay will stay the same throughout.

Joint or single cover?

As the name suggests, single cover protects one person. It’s tailored to the insured person's needs and pays out once when they die.

In contrast, joint life cover protects the lives of two people. The same cover amount applies to both of the insured people. And it pays out once when either person dies, at which point the policy ends.

Applying for Life Cover is easy

You’re eligible for Life Cover if you’re:

  • an HSBC current account holder (for joint cover, only one person needs to have an HSBC bank account)
  • a UK resident (not including the Channel Islands or the Isle of Man)
  • over 17 and under 70 years of age


Please note, cover must cease before your 80th birthday

Get a quote in minutes

Use our handy calculator to work out how much cover you need and get a quote. To apply online, you need to be registered for online banking.

Apply in the mobile app

If you're registered for mobile banking, you can get a quote and apply straight from the app.

Frequently Asked Questions

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If you have questions about your policy, here’s how to get in touch.

It’s easy to answer your query online. Visit our Help page to find out how.