Cover for Death and Total & Permanent Disability (TPD)

If an unfortunate event (either Death or TPD) happens to you, the below cash benefits will be payable:

• Cash benefits of $300 per month – up to $ 3,600 per year for the first 16 years if policy term is 21 years

• Cash benefits of $500 per month – up to $ 6,000 per year for the next 2 years if policy term is 21 years

• Cash benefits of $1,000 per month – up to $ 12,000 per year for the last 3 years if policy term is 21 years

Premium rates are guaranteed and will not increase as you get older. Premiums are based on age of your child and your age at the time of application.

No medical examination is required.
If you can attest to the Health Declaration on the Application and are in good health, you will not be turned down for coverage.

Only available to individuals between 18 to 50 years old. (Age is defined as age last birthday).

Only available to Singaporean & Singapore Permanent Resident.

MaxEdu Care is only availabe for Direct Marketing.

Notes

MaxEdu Care is a regular premium decreasing term insurance plan and is underwritten by Overseas Assurance Corporation Ltd, a wholly-owned subsidiary of Great Eastern Holding Ltd and a member of the OCBC Group, and is not a deposit or obligation of, or guaranteed by OCBC Bank. 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.

This material 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 information (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.

OCBC Bank, its related companies, their respective directors and/or employees (collectively "Related Persons") may have positions in, and may affect transactions in the products mention herein. OCBC Bank may have alliances with the product providers, for which OCBC Bank may receive a fee. Product providers may also be Related Persons, who may be receiving fees from investors. OCBC Bank and the Related Persons may also perform or seek to perform broking and other financial services for the product providers.