GREAT Protection Link | The Right Protection Plus Investment Solution for Your Future

• Entry Age:
  • Insured: 1 – 70 years  (Next birthday)
  • Policyholder: 18 – 80 years old  (Next birthday)
• Age Calculation Method: Next birthday method 
• Sum insured:  
  • Minimum: Rp. 100,000,000
  • Maximum: based on age and gender
• Insurance Period: Until the Insured is 99 years old
• Premium Payment Period: Until the Insured reaches 98 years of age
• Premium Terms: 
  • Basic Periodic Premium: 
    • Minimum annual basic premium: Rp 20,000,000
    • Maximum Basic Periodic premium follows the applicable risk selection. 
  • Periodic Top Up PremiumPremi Top Up Berkala:
    •     Minimum Regular Top Up Premium:
      • Half a year Rp. 1,500,000
      • Quarterly: Rp. 750,000
      • Monthly: Rp. 250,000    
      • Minimum Single Top Up Premium: IDR 3,000,000 per transaction
  • Invested Premium Allocation
    • Basic Premium Allocation:

      Policy Year	Investment Allocation (%)
      1	60%
      2 and so on	100%

      • Top Up Premium Allocation

      Top Up Premium	Investment Allocation (%)
      Single Top Up	97%
      Regular Top Up	95%

      • Fund Withdrawal
        • Can be done at any time as long as the Policy is active
        • Minimum Partial Withdrawal Amount: IDR 5,000,000 
        • Minimum remaining funds after withdrawal: IDR 10,000,000 of total funds
      • Fund Transfer
        •  Minimum Funds transferred (from one fund): Rp. 1,000,000
          • Transfer of Investment Funds in whole or in part: Permitted 
          • Investment fund transfer instructions submitted simultaneously for the Policy are considered as 1 (one) transaction.
      • Policy Redemption: Can be done at any time
      • Costs
        • Basic Insurance Premium Allocation Fee: The Basic Insurance Premium Allocation Fee is deducted automatically for each periodic Basic Insurance Premium payment, the amount of which is according to the payment year as follows:

        Policy Year	Percentage of Location Cost of Basic Periodic Insurance Premium
        1	40%
        2 dst	0%

        • Top Up Premium Allocation Fee

        Single Top Up	Regular Top Up
        3%	5%

        • Insurance Costs, both Basic Insurance Costs and Additional Insurance Costs (if any): Insurance costs vary according to age and gender and are done by deducting units at each policy anniversary.
        • Administration fee of IDR 30,000 (thirty thousand rupiah) which is deducted every month of the policy.
        • Investment Fund Management Fee:
          • Custodian fee of 0.2% per year of the Investment Fund selected by the Policy Holder; 
          • Investment management fees are in accordance with the Investment Fund selected by the Policyholder, namely:

          • Type of Fund	Annual Cost
            GreatLink Fixed Income Fund	maximum 0.25%
            GreatLink Balanced Fund	maximum 2.25%
            GreatLink Dynamic Equity Fund	maximum 2.25%
            GreatLink Money Market Fund	maximum 0.25%
            GreatLink Intelligence Equity Fund	maximum 2.25%
            GreatLink SusAInability Equity Fund	maximum 2.25%

          • All of the above costs have been taken into account in determining the Net Asset Value (NAV) for each Investment Fund.
        • Investment Fund Switch Fee
          • Free of charge for the first 6 (six) transactions within 1 (one) year for the transfer of Investment Funds, and for the 7th (seventh) transaction in the same year, a fee of IDR 100,000.00 (one hundred thousand rupiah) will be charged. 
          • Free of charge if the investment fund transfer transaction is made through the GoGREAT! Services Customer Portal at the link:  https://gogreat.greateasternlife.co.id/shop/service/form-request
        • Maintenance Fee (Supplementary Charges): 5.5% per year in connection with the maintenance of the Policy which is deducted from the Protection Account Value automatically on each Policy anniversary starting from the Policy issuance period which is imposed for the first 84 (eighty four) months of the Policy. Maintenance Fees will not be applied if the Total Investment Value becomes 0 (zero) after the deduction.
        • Partial Fund Withdrawal Fee: In the event that the Policy Holder makes a Fund Withdrawal, the Policy Fund Withdrawal Fee is determined as follows:

      Year	% of total Investment Value of Protection Account
      1	75%
      2	50%
      3	30%
      4	20%
      5	10%
      6++	0%

      • Entire Policy Redemption Fee: If the Policyholder redeems the entire policy, the Policy Redemption Fee is determined as follows:
      `

      Year	% of total Investment Value of Protection Account
      1	75%
      2	50%
      3	30%
      4	20%
      5	10%
      6++	0%

       
       
       
       

GREAT Protection Link is a life insurance product owned by PT Great Eastern Life Indonesia ("Great Eastern Life Indonesia"), not a product of PT Bank OCBC NISP, Tbk ("Bank") and the Bank is not an insurance agent or insurance brokerage company of Great Eastern Life Indonesia. Great Eastern Life Indonesia is fully responsible for the GREAT Protection Link product and the contents of the insurance policy issued for the GREAT Protection Link product, so the Bank is not responsible in any form for the GREAT Protection Link product and the contents of the policy issued in connection with the GREAT Protection Link product. GREAT Protection Link is not a bank deposit product, thus it is not included in the government guarantee program or the Deposit Insurance Corporation. The premium paid by the Policyholder includes acquisition, administration, fund management, bank commissions and marketing staff commissions. The information in this document must be read and subject to the provisions of the Policy and other provisions related to the GREAT Protection Link product that are currently in effect or any changes thereto in the future.

GREAT Protection Link is a Unit Link insurance product issued by PT Great Eastern Life Indonesia. This product offers lifetime life protection, where the investment benefits received by the policyholder are linked to the performance of the investment fund selected by the policyholder. GREAT Protection Link provides Death Benefits, Total Permanent Disability Benefits, Loyalty Bonus Benefits, and Final Insurance Benefits.

This product has been approved by the Financial Services Authority. For more information about the benefits available in this insurance product, as well as what is not covered by this product, please contact us at the address, phone number, and email address provided or visit www.greateasternlife.com/id .

This information is accurate as of March 30, 2023.