School Plan and OCBC MaxEdu Plus
Start saving for your children's education with our specially designed protection and education plans. Enjoy exclusive Cash Rewards on the School Plan and OCBC MaxEdu Plus.
Free insurance for OCBC Children Development Account – CDA/ CDA Extra trustees Insurance provider is Great Eastern Life Assurance Co Ltd. The amount of insurance coverage on CDA/CDA Extra trustees is dependant on whether the trustee has made any contributions into the CDA or CDA Extra from the time the account was opened, i.e. not depending on balances at the point of claim (death or total and permanent
disability due to accident).
The coverage with effect from 01 June 2009
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Personal Accident Coverage for
Trustee
on OCBC CDA or CDA Extra |
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S$20,000 coverage
if there is contribution
to the CDA or CDA extra
from account opening
(max 3 CDAs per Trustee^)
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S$0 coverage
if zero contribution*
from Trustee
Into CDA/CDA Extra
from account opening date
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Terms and Conditions
* Note: The amount of contribution into the OCBC CDA/CDA Extra is with reference to the funds credited into the account since the account opening date in OCBC Bank.
^ The coverage is S$20,000 per Trustee per account, up to a maximum of 3 accounts.
Claims Processes
Click here for details on the process for death claims.
Click here for details on the process for Total & Permanent Disability claims. |