Lifetime Boost | OCBC Singapore

LIFETIME BOOST

A boost for today, a legacy for tomorrow

Why you will love this

Pay premiums for just 5 years and enjoy yearly payouts starting from the end of Policy Year 3

Preserve the wealth you've built with capital guarantee1 and protection against Death and Terminal Illness

Seamless transfer of wealth across generations with the Universal Wealth Transfer Option2

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Features and Benefits

Short payment term

Pay premiums for just 5 years. Start now from S$4,500 a year.

Enjoy yearly payouts that grow

After 3 years, start receiving yearly payouts of up to 2.30% p.a.3, increasing to up to 3.35% p.a.3, from end of policy year 9 onwards until policy year 100. Choose to withdraw the payouts or let them accumulate4 for potentially higher returns.

Capital guaranteed

Capital guaranteed from as early as end of policy year 61. Stay protected with Death and Terminal Illness protection5.

Build a legacy that transcends generations

Pass your policy to your loved ones with the Universal Wealth Transfer Option2, sustaining your wealth across generations.

This is not a fixed or savings deposit. It is a whole of life insurance plan which provides insurance coverage for death and terminal illness as long as this policy is effective.

YOUR WEALTH, ACROSS GENERATIONS
What is the Universal Wealth Transfer Option (UWTO)?

The Universal Wealth Transfer Option lets you pass your policy to your loved ones, allowing unlimited generational transfer once all yearly premiums have been paid, for up to 100 years from original policy commencement date.

Subject to the corresponding terms and conditions and at any time after the free look period has passed and while the Policy is in force, the Current Policyholder may request in writing to exercise the Universal Wealth Transfer Option while the Policy is in force as follows:

Option 1: To effect a Conversion while the Current Policyholder is still alive; or

Option 2: To appoint a Policy Successor, whereby the Conversion shall be effected upon the death of the Current Life Assured.

Terms and Conditions governing UWTO:

  • Current Policyholder and Current Life Assured must be the same natural person
  • Policy must not be subject to trust ownership
  • No beneficiary nomination should exist at the point of exercising UWTO
  • Conversion remains subject to Company approval
HOW IT WORKS

Michael, age 40, is planning for his retirement and legacy. He wants a simple way to enjoy future income while preserving wealth for the next generation.

Michael invests S$100,000 in Lifetime Boost.
Total premiums paid over 5 years: S$20,000 x 5 = S$100,000

Total yearly payouts received:

S$70,750

By Michael

S$70,750

By Michael

S$167,500

By his niece

S$167,500

By his niece

+
+

S$83,750

By his grandnephew

S$83,750

By his grandnephew

+
+

S$115,062

Total maturity benefits received by his grandnephew

S$115,062

Total maturity benefits received by his grandnephew

+
+

Total illustrated benefits

S$437,062

4.37X

of total premiums paid

All figures in the above illustration are based on illustrated investment rate of return of the participating fund at 4.25% per annum and are subject to rounding. The total illustrated benefits received by Michael’s family includes total guaranteed and non-guaranteed death benefit plus remaining declared but unpaid cash bonus and non-guaranteed interest earned on unpaid monthly cash bonus. Please refer to the policy illustration for the exact values. Based on illustrated investment rate of return of 3.00% per annum, the total yearly payouts received by Michael, Sarah and Ethan are S$46,686, S$108,900 and S$54,450 respectively. The total benefits received by Michael, Sarah and Ethan throughout the policy term, comprising yearly payouts and maturity benefit, are S$318,592 (3.19× total premiums paid) if Michael transfers the policy ownership and life assured status to Sarah through the Universal Wealth Transfer Option (UWTO), and Sarah subsequently transfers the policy ownership and life assured status to Ethan. This rate is not guaranteed and can be changed from time to time. The actual benefits payable may vary according to the future experience of the participating fund.

Total yearly payouts received:

S$121,000

Total yearly payouts received

S$121,000

Total yearly payouts received

S$106,000

Total death benefit received

S$106,000

Total death benefit received

+
+

Total illustrated benefits

S$227,000

2.27X

of total premiums paid

=
=

All figures in the above illustration are based on illustrated investment rate of return of the participating fund at 4.25% per annum and are subject to rounding. The total illustrated benefits received by Michael’s family includes total guaranteed and non-guaranteed death benefit plus remaining declared but unpaid cash bonus and non-guaranteed interest earned on unpaid monthly cash bonus. Please refer to the policy illustration for the exact values. Based on illustrated investment rate of return of 3.00% per annum, the total yearly payouts received by Michael are S$79,356, the death benefit received by Michael's family is S$103,700, and the total illustrated benefits received are S$183,056 (1.83× total premiums paid). This rate is not guaranteed and can be changed from time to time. The actual benefits payable may vary according to the future experience of the participating fund.

Before you apply

Eligibility requirements

Minimum age

15 days from birth or discharge from hospital, whichever is later

Minimum age

70 years old (age next birthday)

Footnotes

1 Capital is guaranteed from the end of Policy Year 6 for policies with annual premiums of S$20,000 and above, or from the end of Policy Year 8 for policies with annual premiums below S$20,000, on the condition that all premiums are fully paid and no policy alterations have been made.

2 Subject to policy terms and conditions, and provided all premiums payable for the policy over the entire premium term have been fully paid, you may request to transfer policy ownership and life assured status during your lifetime or appoint a Policy Successor through the Universal Wealth Transfer Option (UWTO), subject to the company's approval. If successfully exercised, the policy will continue based on the original date of commencement. The policy matures 100 years from the date of commencement.

3 Yearly payouts comprise guaranteed Survival Benefits and non-guaranteed Cash Bonuses. The illustrated yearly payout is up to 2.30% p.a. of the total premiums payable over the 5-year premium term from the end of Policy Year 3 to the end of Policy Year 8, and up to 3.35% p.a. of the total premiums payable over the 5-year premium term from the end of Policy Year 9 onwards, based on an annual premium of S$20,000 and above and an IIRR of 4.25% p.a. Based on an IIRR of 3.00% p.a., the illustrated yearly payouts are 1.61% p.a. and 2.18% p.a. respectively. As bonuses are not guaranteed, actual benefits payable may vary according to the future performance of the Participating Fund.

4 The prevailing accumulation interest rate is 3.00% p.a. based on an IIRR of 4.25% p.a. and 1.50% p.a. based on an IIRR of 3.00% p.a.. This rate is not guaranteed and may be changed from time to time.

5 Protection against death and terminal illness is provided while the policy remains in force, subject to policy terms and conditions.

More information

Important notice

Policy Owners' Protection Scheme

or contact us at 1800 363 3333

Our hotline is available 24 hours a day.
Calling from overseas? Please contact +65 6363 3333.

Important notice

Lifetime Boost is underwritten by Great Eastern Life Assurance Company Limited, a wholly owned subsidiary of Great Eastern Holdings Limited, part of the OCBC Group. This plan is not a bank deposit and OCBC Bank does not guarantee or have any obligations in connection with it.

This document does not take into account your particular investment and protection aims, financial situation or needs. You may want to seek advice from a financial adviser before committing to buy the product. If you choose not to seek advice from a financial adviser, you should consider whether the product is suitable for you.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

This document is for general information only. It is not a contract of insurance or an offer to buy an insurance product or service. It is also not meant to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. If you are interested in the insurance policy, you should read the product summary and policy illustration (available from us) before deciding whether to buy this product.

No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) 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.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Information presented as at 6 October 2026.

Policy Owners' Protection Scheme

This policy 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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