Top of main content

Legacy planning

Mapping your journey

The beauty of legacy planning

Scenario : Mr. and Mrs. Chan’s total estate assets worth HK$20 million with HK$8 million as their business. They would like to enjoy the retirement and ensure their children receive an equal share of their estate after they pass away.


Without Legacy Planning:

Mr. and Mrs Chan have to ensure they spend no more than HK$8 million during their retirement such that HK$12 million will be available in their will or business for their children's inheritance. 

 

 

With Legacy Planning: 

A HK$8 million worth lift insurance policy can be bought by either Mr. or Mrs. Chan assuming HK$2 million to be paid as a single premium. This will make HK$10 million available for Mr. and Mrs. Chan's retirement - 25% more than the scenario with no legacy planning. Besides, without the need to split the business, each of their children will inherit HK$8million worth of their estate. 

Mr. Chen’s estate planning

1The sum assured varies from product to product based on a given premium amount, and the premium amount is based on life insured’s gender, age, smoking habit, sum assured and underwriting considerations. Please refer to relevant product materials for the details.

Benefits:

  1. Provides long term financial security - protects yourself and your heirs financially and sustainably.
  2. Maximises your liquidity with insurance planning - Helps to ensure liquidity during retirement and surplus can be transferred to your heirs or for charity purposes

 

Understanding your needs

 
about understanding your needs This link will open in a new window

Legacy planning

 
about legacy planning This link will open in a new window

Get started

Future Planner

Want to review your future planning and see if you're on track to achieving your goals? Get started with Future Planner to gain insights into your planning and see what areas may need more attention.

Start now

Risk Profiling Questionnaire

Want to understand your investment needs and risk appetite? Please log on to HSBC Personal Internet Banking or the latest version of HSBC HK Mobile Banking app, and it will take you just a few minutes to complete the Risk Profiling Questionnaire.

Access now about risk profiling questionnaire This link will open in a new window

Contact us

By phone

(852) 2233 3733

At an HSBC branch

  Find your nearest branch about finding your nearest branch
Make an appointment about making an appointment

Frequently asked questions

What should I do to start financial planning? 

How do I determine my risk tolerance? 

Disclaimer 

The information as shown on this page is not for sales purpose and it is hypothetical and for illustration only. It is not intended to constitute a recommendation or advice to any prospective customers and is not intended as a substitute for professional advice. You should not act on any information on this page without seeking specific professional advice. 
Products and services referred to in this website are offered only in jurisdictions where and when they may be lawfully offered by The Hong Kong and Shanghai Banking Corporation Limited. The material on these pages are not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to local law or regulation.
Note: Investment involves risks. Past performance is no guide to future performance. Investors must refer to the respective fund's offering documents for further details of the fund and the risks involved.
Your benefit is subject to the credit risk of the Company. Your premiums paid will form part of the Company's assets. You do not have any rights or ownership over any of those assets. Your recourse is against the Company only. This product is a product of the Company but not HSBC and it is intended only for sale in the Hong Kong SAR.
HSBC Life (International) Limited is incorporated in Bermuda with limited liability, and is one of the HSBC Group's insurance underwriting subsidiaries.