HSBC's credit insurance offer

Customers taking a home loan with HSBC Bank Malta will benefit from substantially reduced rates when taking up a home loan credit insurance policy. The Home Loan Credit Insurance now benefits from a 35 per cent reduction on original rates.

This policy, which protects the home loan repayment against accident, sickness and unemployment, has now been enhanced to also offer a 24-month cover for the accident and sickness benefit. This is an extension of another 12 months, which is unique in the market, and means that a customer will be protected for twice the period in the case of a claim resulting from an accident or sickness.

"Customers entering into a long-term financial commitment want peace of mind on their borrowing. The home loan credit insurance product provides just that, at an advantageous rate while offering the best protection available in the market," said Richard Jones, managing director of HSBC Life Assurance (Malta) Ltd.

HSBC offers also credit insurance cover with its personal loans, providing protection against death, accident and sickness, and unemployment. Both credit insurance plans are optional with the loans taken.

For more information visit www.hsbc.com.mt.