We’ve set a new Guinness World Record for the most valuable life insurance policy ever sold, worth US$250 million.
Issued and fully underwritten by HSBC Life, our insurance business in Hong Kong, it was taken out by an individual customer earlier this year.
The plan, a whole-of-life protection policy, will pay out US$250 million to the insured person’s named beneficiary after their death.
It includes features aimed at protecting the individual’s wealth for future generations of the family.