Current Promotion
A real-life protection series
If all you've wanted is more bang for your buck, this is it. Get started on a small plan that provides flexible protection at a low cost when you sign for Group Term Life Flexi.
PROTECTION FROM JUST S$50 PER ANNUM
Get started on protecting your life for drama. From just S$50/year, less is more with Group Term Life Flexi as it provides you with comprehensive and flexible coverage. But this is more than just a starting point. When you get protected early, you'll also enjoy less expensive premiums as compared to premiums purchased at a later stage in life. Check out the next episode to explore our extensive coverage for you. Premiums may vary according to plan and age group.
Episode 2: Know your options
Insurance may seem like a big world, but you don't have to know it all - just what's important to you. As your needs change, we encourage you to pick from our four riders, or increase your coverage. With basic coverage, for death, total and permanent disability and terminal illness, with the option to include additional coverage for personal accident, critical illness, disability income and medical expenses.
The plot thickens: Full Coverage of Group Term Life Flexi
Unfortunately, even most exciting dramas have some less-than-exciting bits. And we're no different. Find out all the details on how comprehensive coverage keeps you protected below.
Group Term Life
Group Critical Illness (Acceleration)
Provides a lump sum payout upon diagnosis of any of the 37 covered critical illnesses. After claiming for critical illness, the sum assured covered under Group Term Life shall automatically be reduced by the amount of critical illness benefit payment.
Upon death, a lump sum amount of S$3,000 (in addition to the Group Term Life sum assured) shall be payable, provided no claim has been paid for any one of the critical illnesses.
The Life Insurance Association Singapore (LIA) has standard definitions for 37 severe stage critical illnesses. You may refer to www.lia.org.sg for the standard definitions.
| Group Critical Illness (Acceleration) | Sum Assured | ||
|---|---|---|---|
| Plan A | Plan B | Plan C | |
| Coverage for (i) 37 critical illnesses and (ii) Death | |||
| Eligible Member/Spouse | S$20,000 | S$15,000 | S$10,000 |
| Child | N.A. | ||
Group Critical Illness (Acceleration)
Provides a lump sum payout upon diagnosis of any of the 37 covered critical illnesses. After claiming for critical illness, the sum assured covered under Group Term Life shall automatically be reduced by the amount of critical illness benefit payment.
Upon death, a lump sum amount of S$3,000 (in addition to the Group Term Life sum assured) shall be payable, provided no claim has been paid for any one of the critical illnesses.
The Life Insurance Association Singapore (LIA) has standard definitions for 37 severe stage critical illnesses. You may refer to www.lia.org.sg for the standard definitions.
| Group Critical Illness (Acceleration) | Sum Assured | ||
|---|---|---|---|
| Plan A | Plan B | Plan C | |
| Coverage for (i) 37 critical illnesses and (ii) Death | |||
| Eligible Member/Spouse | S$20,000 | S$15,000 | S$10,000 |
| Child | N.A. | ||
Group Personal Accident
Provides a lump sum payout upon death due to accident or any specified permanent disabilities.
| Group Personal Accident | Sum Assured | ||
|---|---|---|---|
| Plan A | Plan B | Plan C | |
| Coverage for (i) Accidental death and (ii) Accidental total or partial permanent disability | |||
| Eligible Member/Spouse | S$100,000 | S$75,000 | S$50,000 |
| Child | S$20,000 | S$15,000 | S$10,000 |
Group Disability Income
Pays a monthly income benefit up to 24 months, or up till 65 years old (attained age), whichever is earlier, if you are unable to perform any gainful occupation (including your own occupation) due to sickness or injury. The maximum monthly benefit limit is 70% of the average monthly income over the last 24 months or sum assured limit, whichever is lower.
There is a deferred period of 180 days from the date of disability, during which no benefits are payable.
| Group Disability Income | Sum Assured | ||
|---|---|---|---|
| Plan A | Plan B | Plan C | |
| Eligible Member/Spouse | S$750 per month | S$500 per month | S$250 per month |
| Child | N.A. | ||
Eligibilty
Eligible Member/Spouse: Between 16 and 65 years old (age next birthday)
Child: Between 2 and 15 years old (age next birthday)
Calculate my annual premium
-
1
Who do you want to insure?
Add coverage for:
-
2
Enter date of birth
-
3
Select plan type
Optional add-ons:
-
4
Your total premium
(per annum, inclusive of 7% GST)
Total premium per annum
S$0.00
Group Term Life S$ 0.00Group Critical Illness (Acceleration) S$ 0.00Group Personal Accident S$ 0.00Group Disability Income S$ 0.00Group Medical S$ 0.00Please note that premium rates for the policy are not guaranteed. These rates may be adjusted based on future experience. Great Eastern may amend the premium rates at any time with at least 30 days' notice before the premium due date at which the amended rates will apply. The amended rates will apply according to the age next birthday of the insured life at the date of commencement of assurance under the policy.
Get proper advice
Talk to a certified financial planner
Many people are quite clueless about how much coverage they actually need. This is where a financial planner can help. They can look at your cash-flow, risk, investments, retirement, etc, then advise the best course of action.
As long as you have money, no matter how little you think you have, a financial plan is a must. Your financial planner can help you understand which insurance plan is suitable and how much coverage you need.
.
Make an appointment
Once you submit your details, the OCBC Insurance Team will call you back to arrange for a suitable time and place to meet you.