Sum Assured Options	Plan 1	Plan 2
	S$50,000	S$100,000
Benefits (All payouts are lumpsum basis)	• 100% Payout upon Death or Total & Permanent Disability • 200% Payout upon Death due to an accident • 100% Payout upon diagnosis of Terminal Illness
Geographical Coverage	Worldwide 24-hour Coverage
Medical Requirement	• NO medical examination required • NO health questions asked
Eligibility	Singaporeans and Singapore Permanent Residents
Entry Age (Min/Max)	21 years to 60 years (age next birthday)
Coverage Renewal	Automatic renewal up to 65 years old
Premium Mode	Monthly

 

 

 

 

Important Remarks

Smart Life is underwritten by Great Eastern Life Assurance Co Ltd, a wholly-owned subsidiary of Great Eastern Holdings Ltd and a member of the OCBC Group, and is not a deposit or obligation of, or guaranteed by OCBC Bank.

This material is meant for general information only. It is not an insurance contract. All pre-existing conditions are excluded. The precise definitions, terms and conditions of this insurance plan are specified in the policy contract. This plan does not have any cash value. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and any surrender value payable may be less than the total premiums paid. You should 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 is suitable for you. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs.

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.