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MaxTriple Care
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MaxTriple Care can help to protect you and your family financially, should you become ill, disabled or pass away prematurely. This comprehensive plan covers Death and Total and Permanent Disability and advance cash payout upon diagnosis of any of the 3 Critical Illnesses - Major Cancers, Heart Attack or Stroke. In addition, following the diagnosis of any of the Critical Illness, your future premiums would be waived.

 Benefits

Covers Death and Total & Permanent Disability (TPD)* for 15 years.
* Death or TPD benefit covers Death and TPD due only to accidents for the first policy year. Thereafter, it covers Death and TPD due to accidents or illnesses. Please refer to policy contract for exceptions.

Covers 3 Critical Illnesses - Major Cancers, Heart Attack or Stroke, 50% of Basic Sum Assured will be accelerated and payable in one lump sum.

Future premiums will be waived upon diagnosis of any one of the 3 Critical Illnesses and the policy will continue with the remaining 50% of the Basic Sum Assured covering Death & TPD.

 Eligibility

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

MaxTriple Care is only available via Direct Marketing .

Important Notes:

MaxTriple Care is a non participating regular premium 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. Please refer to www.ocbc.com/wealth for more details. 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.

It is usually detrimental to replace an existing accident and health policy with a new one. A penalty may be imposed for early policy termination and the new policy may cost more or have less benefits at the same cost.

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.

Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs.

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. 

 

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