HSBC Life Diamond Prestige IUL II
HSBC Life's flagship IUL offers multiple index choices and strong legacy customisation.
HSBC Life Diamond Prestige IUL II is an indexed universal life plan built for wealth accumulation, life protection and multi-generation legacy planning. It offers whole-life coverage for death and terminal illness, access to an Index Account and General Account, and index choices including S&P 500, Nasdaq-100, S&P Global Diversified and S&P U.S. Tactical Multi-Asset indices. The plan includes flexible premiums, death benefit instalments, change of life insured, a no-lapse guarantee benefit, guaranteed minimum surrender value and loyalty bonus from policy year 11. Entry age is stated as 0 to 80 for the life insured.
Diamond Prestige IUL II is a polished private-client style product with one of the more comprehensive feature sets among Singapore IULs. The breadth of index choices is useful for clients who do not want a single-index design, and HSBC Life's service infrastructure makes it easier to access than some boutique HNW-only propositions. The honest trade-off is complexity: floor rates, participation rates, caps, charges and allocation decisions all shape the real outcome, so the plan needs a careful illustration review rather than headline index comparison.
It ranks highly for a broad index menu, strong legacy controls, established HSBC Life support and useful safeguards such as no-lapse and minimum surrender value features.