• Singaporean, Singapore PR, Foreigners
• Minimum sum assured of S$5,000
This is NOT a fixed or savings deposit. It is an endowment insurance plan.
1Age is based on Age Next Birthday (ANB).
2The non-guaranteed bonuses are based on a Projected Investment Rate of Return of 4.75% p.a.
*Accumulated bonuses from age: 42 to 60
You are covered for Death and Total & Permanent Disability (TPD). In the event of Death or TPD, a lump sum will be paid out and the policy will terminate.
You will receive the higher of:
Note: Total standard annual premium, or single premium, is the premium of the basic policy without any extra loadings or discounts.
Within the free-look period (14 days after you have received your policy document), you can cancel your policy by writing to us. In this case, premiums paid less medical fees (if applicable) incurred in assessing the risk under your policy will be refunded.
If you surrender your policy after the free-look period, you may lose part or all of the premiums paid if the surrender value payable is less than the total premiums paid.
No medical declaration is required.
|PREMIUM PAY TERM||60||65||70|
|Pay for 10 years||✔||✔||Not available|
|Pay until 5 years before payout age||✔||✔||Not available|
Operating hours are from 9am to 6pm, Mondays to Fridays
(excluding public holidays)
MaxRetirement 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.
You may want to seek advice from a financial adviser before committing to buy the product. If you choose to not seek advice from a financial adviser, you should consider if the product is suitable for you.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable may be 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 benefit 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 document may be translated into the Chinese language. If there is any difference between the English and Chinese versions, the English version will prevail.
This plan is protected under the Policy Owner’s 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)