GREAT SP Series 3

^* Guaranteed survival benefit equivalent to 1.55% of the single premium will be payable annually on survival of the life assured at the end of each of the three policy years.

^† If the life assured dies or suffers from Total and Permanent Disability (TPD), we will pay 105% of the single premium, or the surrender value of the policy, whichever is higher, less any indebtedness under the policy.  Presumptive TPD is applicable for the whole of the policy term. For other forms of TPD, the TPD must occur before the policy anniversary on which the life assured is age 65 next birthday. Please refer to the product summary for details on presumptive TPD and other forms of TPD.

^‡ The minimum single premium amount will depend on the entry age (as of next birthday) of the life assured and the payment method.

The figures used in the illustration are for illustrative purposes only and are subject to rounding. Please refer to the policy Illustration for exact figures.

^§ Based on the prevailing accumulation interest rate of 3.00% p.a. on cash payout.  At accumulation interest rate of 1.50% p.a. on cash payout, the total illustrated payout at maturity is S$104,720 with an illustrated yield at maturity of up to 1.55% p.a..  These rates are not guaranteed and can be changed from time to time.

^ǁ This figure is subject to rounding and is based on the prevailing accumulation interest rate of 3.00% p.a.. This accumulation interest rate is not guaranteed and can be changed from time to time.

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. The precise terms and conditions of this insurance plan are specified in the policy contract. 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.

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.

This plan is available for a limited period only. Availability is on a first-come-first-serve basis with premiums fully paid to The Great Eastern Life Assurance Company Limited. The Great Eastern Life Assurance Company Limited reserves the right to reject an application and refund the single premium.

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 is correct as at 25 March 2021.