MaxEndowment Insurance

Your 10-year wealth building and protection plan

Pay premiums for only the first 5 years of the policy term

Enjoy a 5% premium discount on the lump sum upfront payment

Eligibility

  • Minimum age: Exactly 1 month old or older
  • Maximum age: 65 years old (age nearest birthday)

Your 10-year wealth building and protection plan

Pay premiums for only the first 5 years of the policy term

Enjoy a 5% premium discount on the lump sum upfront payment

Eligibility

  • Minimum age: Exactly 1 month old or older
  • Maximum age: 65 years old (age nearest birthday)

What is MaxEndowment Insurance?

MaxEndowment Insurance is a participating endowment insurance plan with regular premium payments.
The policy term is 10 years. This plan allows you to grow your wealth while receiving protection.

This is not a fixed or savings deposit. It is an endowment insurance plan. 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, if any, may be less than the total premiums paid.


How can MaxEndowment Insurance benefit you?

  • Payment options

    Pay yearly premiums only for the first 5 years of the 10-year policy term or enjoy a 5% premium discount on the lump sum upfront payment.

    Regardless of the choice of payment option, receive a maturity benefit at the end of the policy term, which includes your sum assured (guaranteed) and non-guaranteed bonuses.

  • Protection

    Receive coverage for Death, Total and Permanent Disability (TPD) and Terminal Illness (TI) throughout the 10-year policy term.

  • Guaranteed Issuance Offer

    No medical checkup required.

How it works

Here’s an example of MaxEndowment Insurance

Mr Lee is a 40-year-old (age nearest birthday) non-smoker. He buys MaxEndowment Insurance with an annual premium of S$11,189.50 and assured sum of S$50,000. He will receive coverage for Death, TPD and TI throughout the 10-year policy term.

maturity_chart maturity_chart

The non-guaranteed bonuses are based on a projected investment rate of return of 4.75% p.a. and the actual benefits payable will depend on how the participating fund performs in the future.

The figures used are for illustrative purposes only. Please refer to the policy illustration and product summary for the exact values.

An annual premium is paid for the first 5 years and the premium for the remaining policy years will be offset. This is made possible with the guaranteed Survival Benefit, which will pay off 100% of the annual premium upon survival on each of the policy anniversary starting from the 5th policy anniversary to a year before maturity.

Build with MaxEndowment Insurance
 
Get up to S$2,000 cash reward
Safeguard with a Protection Insurance Plan
 
Get up to S$400 cash reward



For a limited time only, receive additional cash rewards of up to S$88 when you complete the OCBC Life Goal Planner with us and purchase a MaxEndowment Insurance plan at any branch.

Apply now

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