Mortgages
From 3% down, with the rate and the closing costs set out before you sign
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Wealth
Life, home & auto insurance
Coverage you can claim on from the app, with the turnaround published
Overview
Life, disability and final expense insurance, plus home and auto coverage, offered through HBI Insurance Agency and claimable directly in the app.
We publish our claims turnaround and settlement ratio every quarter, because an insurer that will not tell you how often it pays is telling you something.
Why HBI
One relationship, one fee, in writing
Wealth clients deal with one named banker across banking, credit, investments and fiduciary matters. That person knows your full position and does not need to be briefed each time you call.
We charge a single annual fee stated in dollars, take no commission from product providers, and manage every portfolio to a mandate you have read and signed.
What you get
Everything that is included
The full list, not the highlights. If something is not here, it is not included.
Features
- Term and permanent life insurance up to $5 million, with accelerated underwriting below $1 million
- Disability income insurance replacing up to 60% of income, with waiting periods from 30 days
- Critical illness coverage paid as a lump sum
- Final expense coverage from $5,000 to $25,000, with payment within 48 hours of a valid claim
- Homeowners, renters and umbrella coverage
- Auto insurance with a deductible you choose
What you need to qualify
- Aged 18 to 65 for life and disability coverage
- Medical underwriting above $1 million of life coverage
- Homeowners insurance requires a replacement cost estimate
- Auto coverage requires a valid driver’s license and is not available in every state
Not sure you qualify?Speak to a banker before applying. A conversation costs nothing and does not touch your credit report.
Pricing
Pricing
Published here, and the same figure you will see in your quotation.
| Product | Claims paid | Average decision time |
|---|---|---|
| Life insurance | 98.2% | 1.8 business days |
| Disability income | 91.4% | 3.2 business days |
| Critical illness | 89.7% | 4.1 business days |
| Final expense | 99.1% | 7 hours |
| Auto | 94.6% | 2.4 business days |
Fees and rates are reviewed annually and published at least 30 days before any change takes effect. Terms and conditions apply.
Good to know
How we look after you
Three commitments that apply to every wealth product, this one included.
Reported after fees
Performance is shown quarterly, net of every fee, against the benchmark in your mandate. Gross figures sit beside it so you can see what the fee costs.
Held in your name
Investments are registered to you with an independent custodian. They are not on our balance sheet and are not available to our creditors.
Reviewed on a schedule
Your mandate is reviewed every year and your will and structures every two, or sooner after a marriage, a death, a sale or a move abroad.
Questions
Questions clients actually ask
If yours is not here, a banker will answer it directly.
Most declined claims involve non-disclosure at application or a specific policy exclusion. The most effective thing you can do is disclose fully when you apply, even where it raises the premium.
Not for life insurance below $1 million in most cases — accelerated underwriting uses a questionnaire. Above that, or with certain declared conditions, a medical exam is required.
Yes. An HBI account is not required for any insurance product, though premiums collected from an HBI account carry a small discount.
No. Insurance products are not deposits, are not FDIC insured, are not guaranteed by the bank and may lose value. Policies are issued by licensed insurance carriers.
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Wealth
Ready to take this further?
Apply online in about ten minutes, or ask a banker to call you at a time that suits.