As one of Asia’s foremost visionaries in the insurance industry, we are continuing to lead all the way.
Great Eastern Life (S&P AA-)* is a leading employee benefit provider in Singapore. Our corporate clients range from small & medium enterprises to large multinational corporations.
For companies with fewer than 25 employees, our Great Employee Benefits package is simple, portfolio rated and cost effective.
*Great Eastern Life Assurance Company Limited has been assigned the financial strength and counterparty credit ratings of 'AA-' by Standard & Poor's since 2010, one of the highest among Asian life insurance companies. Correct as at 1st July 2019..
GEB is a group insurance packaged scheme specially designed for small and medium-sized enterprises (SME). It provides worldwide 24-hour protection for your employees, including the cost of hospitalisation and the consequences of illnesses and accidents, whether they are at work or at home.
Why choose GEB?
GROUP YEARLY RENEWABLE TERM LIFE ASSURANCE
Covers death, total and permanent disability (TPD), extended death/TPD or terminal illness due to any cause.
GROUP LIVING ASSURANCE
Provides protection for the employees by covering them against 37 of the most common major illnesses, including cancer, stroke, heart attack, kidney failure and coronary artery bypass.
GROUP PERSONAL ACCIDENT
Provides cover for accidents that result in the death or disability of employees.
GROUP HOSPITAL AND SURGICAL INSURANCE
Provides for the reimbursement of hospitalization expenses for an employee requiring hospital treatment or surgery. The following are riders that can be added to provide additional coverage:
GROUP SUPREMECARE (3 COVERS IN 1 PRODUCT)
SupremeCare is Great Eastern Life’s flagship managed care solution covering GP, SP and Inpatient hospital treatment. By using our network of more than 500 clinics and specialists, employees can enjoy cost-effective and cashless treatments. Each company can customise the benefits in line with its compensation and benefits philosophy.
GROUP LONG TERM DISABILITY
Provides financial protection for loss of income by an employee who is totally unable to follow his own occupation or any other occupation to which he is suited by reason of training, education or experience, and not following any occupation.
FOREIGN WORKERS GROUP HOSPITAL & SURGICAL
An affordable Group Medical Insurance Plan designed to meet the Ministry of Manpower's (MOM) requirement on compulsory medical insurance for foreign workers (work permit or S-Pass holders). The plan provides the minimum medical coverage of S$15,000 per policy year for eligible expenses incurred in Singapore by an insured foreign worker who requires hospitalisation or surgery. Plans may also be customised according to the company’s insurance plans to fit their corporate compensation and benefit philosophy.