HSBC Life has launched a new capital protected product, the second in a series of investment products, being offered under the INCA name, that is Income with Capital protection.

Inca is a unit linked, single premium life assurance policy that offers both capital protection and an attractive potential income stream that rises each year. The minimum investment is e5,000.

The level of income receivable rises up to five per cent in year two and potentially rising up to 6.25 per cent in year seven*. The income in years three to seven is dependent on the performance of a leading European stock market index outperforming a specified benchmark.

“INCA Euro investments provides customers with the opportunity to diversify their portfolios while still achieving attractive returns and protecting their capital,” said Richard Reid, managing director at HSBC Life Assurance (Malta) Ltd.

More information about starting INCA can be obtained by calling Customer Service on 2380 2380, by logging onto www.hsbc.com.mt or from any HSBC branch.

*Capital protection and coupon payments are subject to HSBC Bank plc meeting its obligations. Surrender charges apply and you may not get back the original capital invested if policy is surrendered before maturity. Investment should be based upon the details contained in the brochure, which may be obtained from all branches of HSBC Bank Malta plc. Past performance is not necessarily a guide to future performance and the value of INCA including the currency in which it is denominated may go down as well as up.