| | | Ans: Smart Life is a group term life plan underwritten by Great Eastern Life Assurance Co Ltd which provides a lump sum benefit of 100% of sum assured upon death, total and permanent disability (TPD) or upon diagnosis of a terminal illness. If death is due to an accident, a lump sum of 200% of the sum assured is payable. |
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| 2: | How many levels of sum assured can I choose from? |
| | | Ans: There are 2 plan levels which you can choose from: Sum Assured S$50,000 or S$100,000. |
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| | | Ans: OCBC credit cardholders who are residents of Singapore or Permanent Residents, are eligible to apply for this cover. |
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| 4: | Are there any age criteria? |
| | | Ans: OCBC credit cardholders must be from 21 to 60 years old (age next birthday) to apply. Smart Life is automatically renewable up till 65 years old. |
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| 5: | How many units of Smart Life can I apply for? |
| | | Ans: A customer can only buy 1 unit of either S$50,000 or S$100,000 sum assured plan. |
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| 6: | Who can I contact at Great Eastern LIfe for more information? |
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| 7: | How do I apply for Smart Life? |
| | | Ans: You can call 6248 2323 from Monday to Friday, 10am to 5pm. Alternatively, you can email to groupMM@lifeisgreat.com.sg stating your contact details. We will call you back to enroll you into the plan. |
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| 8: | When can I receive the policy documents? |
| | | Ans: Your application will be processed in about 7 working days, upon the receipt of full application details, including your credit card details. |
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| 10: | Do I have to renew the policy every month? |
| | | Ans: This policy is automatically renewed, up to the maximum age of 65 years old, so you do not need to renew the policy every month.
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