HSBC will celebrate 20 years of providing life insurance this week to customers across the whole of the UK.

The company which was launched in 1988 have almost 850,000 customers on its books benefiting from life policy's.

Robert Lang, CEO, HSBC Life, said: "Insurance has come a long way in the UK over the last 20 years and we're delighted to have been able to help so many of our customers with offerings that cater for their changing needs. Our strong product portfolio together with our global resource and in-depth customer knowledge means that we are able to offer customers exactly what they need, when they need it."

Clive Bannister, MD, HSBC Group Insurance said: "Twenty years of a successful life business in the UK marks an important milestone for us as, over the medium term, we seek regulatory approval to roll-out similar businesses in markets around the world."