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Smart Life
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With Smart Life, you can now protect the financial future of your family should the unforeseen happen.

Exclusively for OCBC Credit Cardmembers. Smart Life is an affordable term life plan that provides lumpsum cash benefit of up to S$100,000 for your loved ones in the event of Death, Terminal Illness or Total and Permanent Disability. Premium starts from as low as 30 cents per day. Application is fuss-free with no medical examination required! for complete peace of mind, we are extending this offer to your spouse as well.

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 What you need to know about Smart Life

 

Sum Assured Options

Plan 1

Plan 2

S$50,000

S$100,000

Benefits

(All payouts are lumpsum basis)

• 100% Payout upon Death or Total & Permanent Disability

• 200% Payout upon Death due to an accident

• 100% Payout upon diagnosis of Terminal Illness

Geographical Coverage

Worldwide 24-hour Coverage

Medical

Requirement

NO medical examination required

NO health questions asked

Eligibility

Singaporeans and Singapore Permanent Residents

Entry Age (Min/Max)

21 years to 60 years (age next birthday)

Coverage Renewal

Automatic renewal up to 65 years old

Premium Mode

Monthly

 

 Contact Us
For more enquiries, you may call the OAC Hotline 6248 2323 (Monday - Friday, 10am - 5pm excluding public holidays)
 Activate NOW!
Fax the completed Proposal Form to 6532 3478
Or send to the below address:
 
Overseas Assurance Corporation (Reg. No. 192000003W) 
1 Pickering Street
#13-01 Great Eastern Centre
Singapore 048659
Attn: Group Insurance Department

Important Information

Smart Life is underwritten by Great Eastern Life Assurance Company Limited, a wholly-owned subsidiary of Great Eastern Holdings Limited and a member of the OCBC Group, and is not deposits or obligations of, or guaranteed by OCBC Bank. You may wish to seek advice from a financial adviser before making a commitment to purchase a life policy. In the event that you choose not to seek from a financial adviser, you should consider whether the life policy in question is suitable for you.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.

This material is for general information only. It is not a contract of insurance. It does not constitute an offer to buy an insurance product or service. It is also not intended to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. This plan does not have any cash value. A person interested in the insurance policies should read the product summary and benefit illustration (available from OCBC Bank) before deciding whether to buy this product.

No representation or warranty whatsoever in respect of any information provided herein is given by OCBC Bank and it should not be relied upon as such. OCBC Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information  presented is subject to change without notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein.

Policy Owners' Protection Scheme

This plan is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

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