HSBC Serious Illness Cover

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HSBC Serious Illness Cover. Fact! If you don't compare serious illness cover quotes you will not get the best deal. Compare and save £1000's.

Peace of mind by protecting yourself against life’s uncertainties is an important decision. Just imagine how would you be able to settle your utility bills, car payments or even a travel card if you lose your job or become seriously ill?

Critical or Serious Illness Cover provides payment to cover the unfortunate circumstances of critical illness or becoming disabled and the resulting lack of income. Stop worrying because all that matters is you so protect yourself with this Serious Illness Cover.

History

HSBC Holdings plc has a unique international pedigree. A number of their principal companies opened for business over 100 years ago. The founding company from which HSBC took its name, the Hongkong and Shanghai Banking Corporation, was founded in 1865 to finance trade between China and Europe. In the UK, Midland Bank, which merged with HSBC in 1992, was founded in Birmingham in 1836.

HSBC has 7,500 offices in 87 countries & territories across Africa, Asia, Europe, North America and South America with around 100 million customers. The company has over 306,300 employees worldwide. As of 30 June 2010, it had total assets of $2.418 trillion, of which roughly half were in Europe, a quarter in the Americas and a quarter in Asia.

HSBC is listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, and shares in HSBC Holdings plc are held by around 221,000 shareholders in 127 countries and territories. Today, HSBC remains the largest bank in Hong Kong, and has returned it to that part of its roots by recent expansion in mainland China, where it is now the largest international bank.

Types of Cover Available

You can build your own protection package with HSBC LifeChoices. As long as your aged between 18 and 60 you can pick 'n' mix which combinations and level of cover suit your lifestyle protection needs. The policy benefits are currently paid tax free. These are the types of cover available: Unemployment Cover, Sickness Cover, Life Cover and Serious Illness Cover.

Three of the top rival companies of HSBC are Barclays PLC from London, United Kingdom, Citigroup Inc. from New York, NY and The Royal Bank of Scotland Group plc from Edinburgh, United Kingdom. Industries Where HSBC Holdings plc Competes include Money Center Banks, Private Banking, Financial Services, Large-Market Investment Banking and Banking – Canada.

Reviews of HSBC Serious Illness Cover

Real community of people who voiced out their opinions on Review sites is stating that the main advantage of HSBC Serious Illness Cover is that it pays out for your mortgage if you become ill but the disadvantage is that it has many clauses. HSBC banking rates 2.1 stars out of 5 in reviewcentre.com

Before buying out a policy like this one, make sure you understand the exact nature of the condition covered and that these medical conditions have to be of a specified severity to qualify for a payout on the terms and conditions of the policy. For policy holders, you can perhaps share your experiences with other consumers. You can leave reviews at ReviewCentre.com.

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