With every new sign ups for our selected regular premium investment-linked insurance plans, you will enjoy free retrenchment premium waiver benefit in addition to your investment-linked insurance plan coverage. This complimentary benefit may help free up your financial commitment on the premiums for 12 months, should you be retrenched during this challenging period.
|Insurance Category||Eligible insurance plans||Benefit Covered|
|Investment-linked||GREAT Life Advantage||
If Policyholder is retrenched from full-time employment and remains unemployed, we will waive off all future premiums from the next due date of any premiums payable for a period of twelve (12) months.
24-month coverage starts from the policy's date of issue.
* Terms and conditions apply.
|GREAT Wealth Advantage|
|Investment-linked Insurance Plan|
For full details on the Free Retrenchment Premium Waiver Benefit, you can refer to:
Read more about our Live #Lifeproof offers.
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 these insurance plans are specified in the policy contract. It is usually detrimental to replace an existing accident and health plan with a new one. A penalty may be imposed for early plan termination and the new plan may cost more, or have less benefits at the same cost.
Investments in GREAT Life Advantage, GREAT Wealth Advantage, Prestige Portfolio and Investment-linked Insurance Plan are subject to investment risks including the possible loss of the principal amount invested. The value of the units in the Fund(s) and the income accruing to the units, if any, may fall or rise. Please refer to Fund Details and Product Highlights Sheet for the specific risks of the Fund(s). Past performance is not necessarily indicative of future performance.
These policies are 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 7 July 2020.