to choose from
of monthly retirement income
MaxRetire Income is a regular premium endowment insurance plan designed to let you retire in comfort by providing a steady stream of monthly retirement income.
Do note MaxRetire Income is not a fixed or savings deposit, but an endowment insurance plan.
Mrs. Tan, age 45, a non-smoker, plans to retire at 65 years old. She would like to receive a guaranteed monthly retirement income of S$1,000 for 20 years till she is 85 years old. She selects MaxRetire Income and will pay her premiums annually for 10 years.
The figures used are for illustrative purposes only and age refers to age next birthday. Please refer to the policy illustration and product summary for the exact values. The non-guaranteed bonuses are based on an illustrated investment rate of return of the participating fund at 4.75% p.a. Based on an illustrated investment rate of return at 3.25% p.a., the total retirement benefits for payout ages of 65, 67 and 70 will be S$281,950, S$299,051 and S$321,088 respectively. The total illustrated yield at maturity for the payout age of 65 is 2.81% p.a. The actual benefits payable will vary accordingly to the future performance of the participating fund.
Call us at
(65) 6722 2293
Operating hours are from 9am to 6pm, Monday to Friday (Excluding public holidays)
MaxRetire Income is provided by The Great Eastern Life Assurance Company Limited, a wholly owned subsidiary of Great Eastern Holdings Limited and a member 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.
We do not guarantee, represent or warrant that any of the information provided in this document is accurate and you should not rely on it as such. We do not undertake to update the information or to correct any inaccuracies. All information may change without notice. We will not be liable for any loss or damage arising directly or indirectly in connection with or as a result of you acting on the information in this document.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
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).