Grow your wealth with GREAT SP Special, a 2-year endowment plan that offers guaranteed returns of 1.30% p.a.* and a capital guarantee upon maturity.
Apply online with single premium starting from S$10,000# using Cash or Supplementary Retirement Scheme (SRS) funds. Don't miss the opportunity to lock in attractive guaranteed returns.
GREAT SP Special is a non-participating single premium endowment plan with a 2-year policy term. It provides financial protection against death and accidental death until the end of the policy term. It also pays a maturity benefit at the end of the policy term.
This plan pays a guaranteed survival benefit of 1.30% of the single premium at the end of each policy year up to and including the final policy year.
The objective of the plan is to provide stable returns together with insurance protection.
GREAT SP Special provides you with financial protection against death and accidental death.
Death Benefit - We will pay the following if the life assured dies during the term of the policy:
(a) 101% of the single premium; or
(b) the surrender value of the policy,
whichever is higher, less any debts under the policy.
Accidental Death Benefit - We will pay the following if the life assured dies by Accident¶ during the term of the policy:
(a) 105% of the single premium; or
(b) the surrender value of the policy,
whichever is higher, less any debts under the policy.
¶ Accident refers to an event that results in a sudden, unforeseen and involuntary injury, and that event occurs independently of an illness, disease or any other cause.
We will pay a guaranteed survival benefit of 1.30% of the single premium on the survival of the life assured at the end of each policy year.
We will pay a maturity benefit of an amount equal to 100% of the single premium when the policy matures, if the life assured is still surviving at the end of the policy term.
For example, if the single premium for your GREAT SP Special policy is S$100,000, you will receive S$1,300 at the end of each policy year as the survival benefit and S$100,000 at the end of the policy term as the maturity benefit. At the end of 2 years, the total guaranteed payout that you will receive will be S$102,600.
GREAT SP Special can only be purchased by customers who hold at least one life insurance policy with Great Eastern that has matured or will mature between 1 January 2026 and 31 December 2026 (both days inclusive). Eligibility is subject to the Company’s discretion. You may check your eligibility by clicking “Buy Now” on the product webpage and furnishing your details accordingly.
Yes. You can choose to have your survival benefit paid out to you at the end of the first policy year, or to accumulate your survival benefit with us to earn non-guaranteed interest until the end of your policy term. Please note that the rate of the non-guaranteed interest is subject to change without prior notice.
The maximum entry age for GREAT SP Special is 85 age next birthday.
If you surrender your policy after the 14-day free-look period, you may lose part or all of the premiums paid. This is because the surrender value, if any, that is payable to you may be zero or less than the single premium paid.
The illustrated surrender value you will receive is reflected in your policy illustration.
When you invest in this plan using funds from your Supplementary Retirement Scheme (SRS), the plan will be managed in compliance with the SRS regulations as amended from time to time. If the terms and conditions are inconsistent with those regulations, then the regulations shall prevail.
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* Guaranteed survival benefit equivalent to 1.30% of the single premium will be payable on the survival of the life assured at the end of the 1st and 2nd policy year.
^ Subject to terms and conditions. Exclusive to customers with maturity payouts in 2026.
# The minimum single premium amount will depend on the entry age of the life assured and the payment method.
† If the life assured dies, the company will pay, less any indebtedness under the policy, either 101% of the standard single premium or the surrender value of the policy (whichever is higher), or in the case of accidental death, 105% of the standard single premium or the surrender value of the policy (whichever is higher). You are advised to refer to the product summary for more details.
‡ The illustration is based on a prevailing accumulation interest rate of 3.00% p.a.. At an accumulation interest rate of 1.50% p.a., the total illustrated payout would be S$102,619. This rate is not guaranteed and can be changed from time to time.
All figures used are for illustrative purposes only and are subject to rounding.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
The above is for general information only. It is not a contract of insurance or a recommendation to buy an insurance product or service. This document does not take into account the specific investment and protection aims, financial situation or particular needs of any particular person. You may wish to seek advice from a financial adviser before making a commitment to purchase this product. If you choose not to seek advice from a financial adviser, you should consider whether this product is suitable for you.
The terms, conditions and exclusions of this insurance plan are specified in the policy contract. If you are interested in the insurance product, you should read the product summary and policy illustration (available from us) before deciding whether to buy this product.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
Information correct as at 22 April 2026.
GREAT SP Special Campaign (“Campaign”) Terms and Conditions
1. This Campaign is open to qualifying policyholder(s) who hold at least one life insurance policy with The Great Eastern Life Assurance Company Limited (“GELS”) where such policy has matured or will mature between 1 January 2026 and 31 December 2026 (both days inclusive) (“Maturing Policy”).
2. Policyholders who are interested to purchase GREAT SP Special are to check as to their eligibility for the Campaign by furnishing their details in the purchase journey which can be entered by clicking “Buy Now” on this website for the Campaign.
Policyholders who are eligible for the Campaign (“Qualifying Policyholder(s)”) may then apply to purchase GREAT SP Special in accordance with the terms and conditions as set out within.
3. The Qualifying Policyholder must be the policyholder for both the Maturing Policy as well as the GREAT SP Special policy which is being applied for.
4. Only first party policies will be allowed for purchase of GREAT SP Special through this website for the Campaign, that is, the Qualifying Policyholder must also be the life assured for the GREAT SP Special policy.
5. Purchase of each GREAT SP Special policy is subject to the single premium being a minimum of such amount as stipulated by GELS at the point of application.
6. There is no limit as to the number of GREAT SP Special policies which may be applied for by a Qualifying Policyholder through this website for this Campaign.
7. Submission of application and payment of premium for GREAT SP Special does not guarantee acceptance by GELS of that proposal. GELS reserves the right at its discretion to:
(a) approve the life assured for the policy (in relation to third party policies, where applicable);
(b) subject the application to further internal assessment including but not limited to, financial underwriting;
(c) withdraw or suspend without prior notice the availability of GREAT SP Special, which is a limited tranche product, including but not limited to, whenever the tranche limit is reached,
and may accept or reject the application accordingly.
8. The premium for GREAT SP Special can be paid by cash, funds from Supplementary Retirement Scheme account (subject to eligibility requirements) or maturity proceeds. If maturity proceeds are to be used to pay the premium for GREAT SP Special, the application for GREAT SP Special through this Campaign would have to be submitted to GELS within the period of 14 to 90 days prior to the expiry of the Maturing Policy.
9. This Campaign is not valid with any other offers or promotions held by GELS, unless otherwise specified by GELS.
10. GELS reserves the right to vary the terms and conditions or withdraw this Campaign at any time without prior notice. The decision of GELS on all matters relating to this Campaign shall be final and binding.
11. Notwithstanding anything herein, GELS has the absolute discretion to determine the eligibility of any person to participate in this Campaign. If GELS subsequently determines that a person is in fact not eligible, for any reason whatsoever, GELS may at its discretion, disqualify such person and not issue or void the issuance of the GREAT SP Special policy without prior notice and refund the premium paid without interest (after deducting any outstanding debt, and any benefits and/or bonuses paid in respect of that policy).
12. By participating in this Campaign, you agree and consent to GELS and its related corporations (collectively, the "Companies"), as well as their respective representatives, agents, the Companies' authorised service providers and relevant third parties (the Companies and all the other foregoing parties, collectively, “Great Eastern Persons”), collecting, using, disclosing, and/or sharing amongst themselves your personal data, for purposes reasonably required by the Companies to conduct and administer this Campaign, evaluate your proposal and to provide the products or services which you are applying for (including any policy renewals and policy upgrades, substitutions or replacements) and such other purposes as described in Great Eastern's Privacy Statement (collectively, the “Purposes”) which is accessible from Great Eastern Singapore’s website at https://www.greateasternlife.com, which you confirm you have read and understood.
Your consents herein supplement but do not supersede nor replace any other consents you may have previously provided to Great Eastern Persons, and your consents herein are cumulative and additional to any rights which any of the Great Eastern Persons may have to collect, use, and/or disclose your personal data, with or without your consent, to the extent permitted under applicable law.
In addition, where personal data of any person is disclosed by you, you further confirm and represent that you have obtained the consent of the individual concerned for the Purposes, unless such consent is not required under applicable laws: (i) to collect such personal data; (ii) for the disclosure of such personal data to the Great Eastern Persons; and (iii) for the Great Eastern Persons’ collection, use and/or disclosure of such personal data.
13. The terms and conditions of this Campaign shall be governed by and interpreted in accordance with Singapore law. The courts of Singapore shall have exclusive jurisdiction over any disputes arising from the terms and conditions, including the validity and enforceability thereof.
Information correct as at 22 April 2026.
