HSBC Life has identified the critical aspects of a top-of-mind need for high-net-worth individuals – legacy planning – and successfully introduced targeted solutions to address them.
HSBC Life has long recognised that legacy planning is one of the most pressing needs for high-net-worth individuals—and has pioneered solutions that transform complex succession challenges into seamless outcomes.
Legacy planning is not simply about deciding where wealth should go. Policyholders may have clear intentions, but execution often requires navigating intricate family and corporate structures, extensive paperwork, and multiple intermediaries. For families managing businesses across jurisdictions and beneficiaries at different life stages, any gap between intention and outcome can determine whether a legacy endures or fades.
As this year’s Best High Net Worth Insurer, HSBC Life goes beyond wealth preservation to empower clients with insurance-driven legacy solutions. Its flagship innovation, the HSBC Infinite Wealth Insurance Plan, launched in June 2025, exemplifies this approach by converting succession intentions into pre-set policy actions. Two standout features set it apart:
Contingent Guardianship—a market first—allows policyholders to appoint a caretaker to manage the policy temporarily if unforeseen events occur, with succession triggered by milestones such as university graduation, marriage, childbirth, adoption, or serious illness.
Enhanced Policy Split and Legacy Split options enable a single policy to be divided among multiple successors, either on a set date or upon the policyholder’s passing, eliminating the need to liquidate assets for distribution.
This plan has rapidly become the cornerstone of HSBC Life’s high-net-worth business. Yet it is only one part of a broader proposition underpinned by unmatched underwriting capacity and financial strength. For example, applications for the Paramount Global Insurance Plan doubled year-on-year following design enhancements and closer collaboration with distributors to address legacy and protection needs.
Customer and intermediary experience is elevated through a blend of relationship-led advice and digital enablement. Brokers benefit from a dedicated sales platform offering one-stop premium quotation, while a specialist middle-office team ensures smooth due diligence and onboarding. Ongoing collaboration, training, and knowledge sharing with Private Banking and broker partners further strengthen delivery.
The results speak for themselves: across HSBC Life’s high-net-worth channels, policy sales rose 45% year-on-year in FY2025, alongside greater diversity in customer origination. Together, these achievements reinforce HSBC Life’s position as a trusted partner for affluent clients and their families across Asia.
