GREAT SP SERIES 3

Guaranteed returns of 1.55% per annum at the end of 3 years

Why you will love this

Short 3-year commitment

100% capital guaranteed after 3 years

Apply online in less than 10 minutes

Who can apply

Online:
Singaporeans and Singapore PRs between 19 and 75 years old (age next birthday)

At OCBC branches:
Anyone between 1 and 75 years old (age next birthday)

A 3-year single premium insurance plan. Limited time only. Sign up now!

Features and benefits

Guaranteed returns of 1.55% per annum after 3 years

100% capital guaranteed after 3 years

Pay using cash or your Supplementary Retirement Scheme (SRS) funds

No medical check-up required

Insurance coverage for Death and Total & Permanent Disability

Yearly payout option

This is not a fixed or savings deposit. It is a non-participating endowment insurance plan.

How it works

If you choose to leave the guaranteed payouts with us to earn additional non-guaranteed interest:

The figures used are for illustrative purposes only and are subject to rounding. Please refer to the policy illustration for the exact values. The non-guaranteed payout is based on an illustrated accumulation interest rate of 3.00% per annum. Based on an illustrated accumulation interest rate of 1.50% per annum, the total payout at the end of year 3 will be 52,360 SGD. The accumulation interest rate is not guaranteed and can be changed from time to time.

Before you apply
Common questions
Is GREAT SP Series 3 a regular premium plan? How much money do I need to set aside?

GREAT SP Series 3 is a single premium plan. You only need to make a one-time payment. The minimum premium amount will depend on the entry age and the payment method.

Age next birthday Cash Supplementary Retirement Scheme (SRS) funds
65 and below 10, 000 SGD 10, 000 SGD

For 66 to 75 years old (age next birthday), the minimum premium will be slightly higher, depending on the payment method selected.

What is the minimum one-time payout that I will receive at the end of 3 years?

Yes, you can buy multiple policies.

Based on accumulation option, at the end of 3 years, your one-time payout will consist of 3 components:

  1. Full money back: Get back the full amount of money which you had set aside.
  2. Guaranteed payout: Receive 1.55% guaranteed yearly payout of the money which you had set aside.
  3. Accumulated interest: This refers to the additional non-guaranteed interest on the yearly payout. The accumulation interest rate is non-guaranteed and may be changed from time to time.

    The accumulation interest rates of 3.00% per annum and 1.50% per annum are meant for illustrative purposes and do not represent the upper and lower limits of the accumulation. The current accumulation interest rate is at 3.00% per year.

You can also choose to receive yearly guaranteed payouts at the end of years 1, 2 and 3. To opt for yearly payouts, please apply on desktop browser or visit any OCBC branch.

Can I buy more than 1 GREAT SP Series 3 policy?

Yes, you can buy multiple policies.

Can I buy GREAT SP Series 3 policy for my spouse or child?

Yes, you can apply at any OCBC branch. Our OCBC Personal Financial Consultant will help you with the application.

Eligibility requirements

Apply online

Singaporeans and Singapore PRs between 19 and 75 years old (age next birthday)

Apply at OCBC Branches

Anyone between 1 and 75 years old (age next birthday)


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