1. What are the benefits of GREAT Maternity Care 2?
GREAT Maternity Care 2 is a 3-year, non-participating, single premium maternity term plan that offers protection for life assured (mother) and insured child(ren). Life assured (mother) must be between 13th to 36th weeks of pregnancy to be able to apply for this plan. Below are the benefits covered:
Members
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Benefits
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Benefit Limit and Expiry
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Life Assured (Mother)
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Death or Total and Permanent Disability (TPD) Benefit
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100% of the Basic Sum Assured is payable once. Covers up to end of policy term.
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Pregnancy and Childbirth Complications Benefit
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100% of the Basic Sum Assured is payable once. This benefit expires 120 days from the date of birth of the insured child(ren).
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Hospital Care Benefit
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2% of the Basic Sum Assured is payable per day, up to a maximum of 30 days. This benefit expires 120 days from the date of birth of the insured child(ren).
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Psychological Consultations Benefit
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S$100 per consultation, up to a maximum of 3 consultations. This benefit expires 120 days from the date of birth of the insured child(ren).
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Mum Again Benefit
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Eligible, subject to terms & conditions
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Guaranteed Insurability Benefit
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Eligible, subject to terms & conditions
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Insured Child(ren)
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Death Benefit
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100% of the Basic Sum Assured is payable once. Covers up to end of policy term.
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Congenital Illness Benefit
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100% of the Basic Sum Assured is payable once. Covers up to end of policy term.
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Juvenile Illness Benefit
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100% of the Basic Sum Assured is payable once. Covers up to end of policy term.
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Hospital Care Benefit
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2% of the Basic Sum Assured is payable per day, up to a maximum of 30 days. Covers up to end of policy term.
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Major Organ Benefit
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50% of the Basic Sum Assured is payable once. Covers up to end of policy term.
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Guaranteed Insurability Benefit
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Eligible, subject to terms & conditions
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In the event that the life assured (mother) is pregnant with more than one foetus in the same pregnancy, the benefits will apply to each insured child separately.
2. I am pregnant with multiple babies, can I buy this plan?
GREAT Maternity Care 2 provides coverage up to 2 foetuses (twins).
In the event that the life assured (mother) is pregnant with twins, she only needs to purchase one GREAT Maternity Care 2 policy and the benefits will apply to each of the twins separately.
3. Will my plan terminate after a claim is paid?
Each benefit is payable up to its respective benefit limit or benefit expiry date.
After a claim under a benefit is made, the remaining benefits for the life assured (mother) and the insured child(ren) will continue up to the respective benefit limit or benefit expiry date, whichever comes earlier.
The policy will only terminate on the earliest of the following dates:
(a) when the life assured (mother) dies and this results in the death of the foetus(es);
(b) when the death benefit for the life assured (mother) and all insured child(ren) are paid;
(c) when all the benefits are fully paid;
(d) when the policy term expires; or
(e) when we receive your written request for termination of the policy.
However, do note that as this product has no savings or investment feature, there is no cash value if the policy ends or if the policy is terminated prematurely.
4. What is Mum Again Benefit?
Mum Again benefit provides the life assured (mother) with the option to purchase an eligible maternity plan that provides similar benefits made available by us, on herself without medical underwriting for her subsequent pregnancy, subject to all the conditions below:
(a) the current GREAT Maternity Care 2 policy which is issued to life assured (mother) has been medically underwritten;
(b) this benefit is to be exercised within 5 years from the commencement date of the medically underwritten GREAT Maternity Care 2 policy;
(c) no claim was made on the life assured under the current medically underwritten GREAT Maternity Care 2 policy; and
(d) the life assured, at the point of exercising the benefit,
(i) is between 18 to 40 years of age next birthday;
(ii) has a pregnancy that is at less than or equal to 16 weeks of gestation;
(iii) conceived naturally with no more than 2 foetuses; and
(iv) no pre-natal genetic testing was conducted on the pregnancy.
Do note that only policyholders of GREAT Maternity Care 2 that have been medically underwritten by us are eligible to utilise the Mum Again Benefit to purchase an eligible maternity plan that provides similar benefits.
5. What is Guaranteed Insurability Benefit (GIB) option?
GIB option gives the life assured the option to purchase on her own life and/or the insured child(ren) an eligible plan (which we make available from time to time at our discretion) that provides:
(a) Death benefit;
(b) TPD benefit;
(c) Terminal illness benefit; and/or
(d) Critical illness benefit
without medical underwriting.
To exercise the GIB option, the following conditions need to be adhered to:
(a) The GIB option is to be exercised before the end of 90 days from the birth of the insured child(ren), which is the benefit expiry date;
(b) The GIB-issued policy must be on the life assured’s own life and/or the insured child;
(c) The GIB option can only be exercised once for the life assured and once for each insured child. In the event that the life assured is pregnant with more than 1 foetus in the same pregnancy, the GIB option can be exercised once for each insured child; and
The eligible plans and maximum sum assured limits per life per plan that the life assured and/or the insured child can purchase under the GIB option will be determined by us. The list of eligible plans and their sum assured limits may change from time to time at our discretion.
