HSBC cancelled my husbands life insurance while my husband was in critical condition in the hospital. Our premium was an automatic debit monthly. The month my husband became seriously ill, they stopped taking the payment out of our bank account and cancelled the policy. I contacted our bank to see if there was any reason that the auto payment was not taken and they said none other than HSBC did not debit the account. At no time was there insufficient funds in our account. HSBC claimed the policy was cancelled for non payment.
HSBC Life Insurance Reviews
HSBC cancelled my husbands life insurance while my husband was in critical condition in the hospital. Our premium was an automatic debit monthly. The month my husband became seriously ill, they stopped taking the payment out of our bank account and cancelled the policy. I contacted our bank to see if there was any reason that the auto payment was not taken and they said none other than HSBC did not debit the account. At no time was there insufficient funds in our account. HSBC claimed the policy was cancelled for non payment.