HSBC Singapore launches fast online-only life insurance platform | International Investment

"HSBC Insurance (Singapore) has announced the launch of HSBC Insurance Online – offering one of the fastest online insurance application processes in Singapore" continues International Investment.

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HSBC Insurance Online is a digital platform that offers simple and value for money term-based life insurance products online. Customers can complete the process within minutes by answering three simplified underwriting questions and an additional question if critical illness coverage is desired. Furthermore, to reward customers who lead a healthy and balanced lifestyle, HSBC Insurance Online offers certain premium discounts if they answer four additional lifestyle questions.

Carlos Vazquez, CEO of HSBC Insurance (Singapore), said: “HSBC Insurance Online will appeal to time-sensitive, digital-savvy customers who are receptive to investing or buying insurance products online...

HSBC says its Insurance Online is designed to help Singaporeans bridge this gap by helping customers identify the shortfall in their protection needs and the corresponding solutions available to them.
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Source: International Investment