HSBC came up with a new promotion to push their life insurance products. Basically it’s a one month free premium promotion on any life insurance plans. The premium promotion is applicable to any regular premium plans, including term life, investment linked, whole life and endowment.

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For those who are looking to get term insurance, they are offering term insurance for $1,000,000 sum assured from as low as $111 per month. (Based on non smoking male turning 30 at next birthday). This amount is actually pretty affordable compared to many other term plans. Term insurance is one of the most affordable ways to get the protection required. For further understanding of life insurance plans, see Understanding Different Types of Life Insurance Policies

The term plan also have the ability to add on critical illness coverage against 30 critical illnesses. There is also a possible waiver of medical examination for selected …