Insurance
Consider our estate planning solutions for your wealth protection and distribution needs.
Estate Planning
You have accumulated substantial wealth and your next priority is to ensure that this wealth remains protected for your next generation, while you enjoy the lifestyle you have worked hard to achieve. However, there are many aspects to consider in the protection and enjoyment of your wealth.
If preserving your wealth and leaving your legacy behind are some of your top priorities, consider our estate planning solutions for peace of mind. We have two plans for you that are specially designed to meet your financial and estate planning needs.
PremierLife Heritage
A non-participating, single premium universal life insurance plan denominated in US dollars1, PremierLife Heritage provides life insurance coverage2 and opportunities for cash value accumulation.
MaxLife Legacy
A Singapore dollar-denominated, single premium participating whole life insurance plan that provides financial protection in the event of death.
Our Estate Planning solutions can help you:
Additional Notes
1As PremierLife Heritage is a US dollar plan, the Singapore dollar return on this plan will depend on prevailing exchange rates which may be highly volatile.
2The standard monthly insurance charge will be deducted from the Account Value and will vary according to the Net Sum Assured (defined as Sum Assured less Account Value) and Life Assured’s gender, smoker status, country of residency at inception, age as of last birthday at the policy anniversary prior to the deduction date at the beginning of each policy month.
To find out more
You have accumulated substantial wealth and your next priority is to ensure that this wealth remains protected for your next generation, while you enjoy the lifestyle you have worked hard to achieve. However, there are many aspects to consider in the protection and enjoyment of your wealth.
If preserving your wealth and leaving your legacy behind are some of your top priorities, consider our estate planning solutions for peace of mind. We have two plans for you that are specially designed to meet your financial and estate planning needs.
PremierLife Heritage
A non-participating, single premium universal life insurance plan denominated in US dollars1, PremierLife Heritage provides life insurance coverage2 and opportunities for cash value accumulation.
MaxLife Legacy
A Singapore dollar-denominated, single premium participating whole life insurance plan that provides financial protection in the event of death.
Our Estate Planning solutions can help you:
- Create an instant estate effectively
- Distribute your estate with more ease
- Preserve your assets and wealth for your next generation
- Enlarge your retirement funds
- Bequeath your wealth to a charity or trust of your choice
Additional Notes
1As PremierLife Heritage is a US dollar plan, the Singapore dollar return on this plan will depend on prevailing exchange rates which may be highly volatile.
2The standard monthly insurance charge will be deducted from the Account Value and will vary according to the Net Sum Assured (defined as Sum Assured less Account Value) and Life Assured’s gender, smoker status, country of residency at inception, age as of last birthday at the policy anniversary prior to the deduction date at the beginning of each policy month.
To find out more
Simply call our Premier Hotline 1800-PREMIER (773 6437), or visit any OCBC Premier Centres.
If you are an existing OCBC Premier Banking client, you may contact your Relationship Manager.
If you are an existing OCBC Premier Banking client, you may contact your Relationship Manager.
Important Notice
PremierLife Heritage is an insurance plan underwritten by The Great Eastern Life Assurance Company Limited. MaxLife Legacy is an insurance plan underwritten by The Overseas Assurance Corporation Limited. Both companies are wholly-owned subsidiaries of Great Eastern Holdings Limited and members of the OCBC Group. They are not bank deposits or obligations of, or guaranteed by OCBC Bank. Terms and conditions apply. MAX is a registered trademark of The Overseas Assurance Corporation Limited.
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 may be less than the total premiums paid.
You may wish to seek advice from a financial adviser before making a commitment to purchase a life policy. In the event that you choose not to seek advice from a financial adviser, you should consider whether the life policy in question is suitable for you.
The above is for general information only. It is not a contract of insurance. It does not constitute an offer to buy an insurance product or service. It is also not intended to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. A person interested in the insurance policies should read the product summary and benefit illustration (available from OCBC Bank) 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.
PremierLife Heritage is an insurance plan underwritten by The Great Eastern Life Assurance Company Limited. MaxLife Legacy is an insurance plan underwritten by The Overseas Assurance Corporation Limited. Both companies are wholly-owned subsidiaries of Great Eastern Holdings Limited and members of the OCBC Group. They are not bank deposits or obligations of, or guaranteed by OCBC Bank. Terms and conditions apply. MAX is a registered trademark of The Overseas Assurance Corporation Limited.
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 may be less than the total premiums paid.
You may wish to seek advice from a financial adviser before making a commitment to purchase a life policy. In the event that you choose not to seek advice from a financial adviser, you should consider whether the life policy in question is suitable for you.
The above is for general information only. It is not a contract of insurance. It does not constitute an offer to buy an insurance product or service. It is also not intended to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. A person interested in the insurance policies should read the product summary and benefit illustration (available from OCBC Bank) 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.
 |