Great Eastern Birthday Insurance Promotion (Purchase of Policy) Terms & Conditions

Birthday Insurance Promotion - Purchase of Policy Terms and Conditions

1. This Promotion is open to:

a) Great Eastern and DPS policyholders whose birthdays fall between 1 February 2023 and 31 December 2023, both dates inclusive (referred to as “eligible Great Eastern policyholders” or “eligible DPS policyholders”), in particular: 

(i) eligible Great Eastern policyholders between the ages of 17 to 55 only (based on age next birthday) who purchase a qualifying plan with a minimum qualifying premium (“Qualifying Plan(s)”) as described below from The Great Eastern Life Assurance Company Limited (“Great Eastern”); or

(ii) eligible DPS policyholders between the ages of 17 to 55 only (based on age next birthday) who purchase a qualifying Accident & Health regular premium plan with a minimum qualifying premium as described below from Great Eastern.

Qualifying Plans              Qualifying Annualised Premium* Per Plan     Rewards                                      
Selected new Life regular premium plans Minimum of S$2,000
10,000 GREAT Dollars (worth S$100)           
Selected Accident & Health regular premium plans    Minimum of S$400
3,000 GREAT Dollars (worth S$30)

* including GST and after any premium discounts (Note: GE Gift Credit is not considered as discounts).


Qualifying annualised premium for Regular Premium plans with less than 10 years payment term, e.g. GREAT Wealth Multiplier 3 (5 years payment term), GREAT Lifetime Payout 2 Special (3 years payment term), will be based on weighted annualised premium.

See below table on how to calculate Weighted Annualised Premium.

Premium payment term (years)
Multiply factor on Annualised Premium
3 30%
4 40%
5 50%
6 60%
7 70%
8 80%
9 90%
10 & above 100%


Plan Annualised Premium
Total Weighted Premium used to calculate rewards amount Rewards
GREAT Wealth Multiplier 3
(5 years payment term)
S$3,000 S$1,500 [50% of S$3000] Not eligible
GREAT Wealth Multiplier 3
(5 years payment term)
S$4,000 S$2,000 [50% of S$4000] S$100 worth of rewards
GREAT Lifetime Payout 2 Special
(3 years payment term)
S$7,000 S$2,100 [30% of S$7000] S$100 worth of rewards

2. The following plans will not constitute as Qualifying Plans for this Promotion:

  • GREAT SupremeHealth series
  • GREAT TotalCare and GREAT TotalCare Plus
  • GoGreat Term Life
  • Government Scheme plans (e.g. CareShield Life, Dependants’ Protection Scheme)
  • CareShield series (e.g. GREAT CareShield)
  • All Single Premium and Recurrent Single Premium Plans

3. Payment frequency for all Qualifying Plans can be on a monthly, quarterly, half yearly or yearly basis.

4. The plan will need to be submitted within the valid promotion period and in force within 14 days from the Birthday Insurance Promotion end date. For example,

Birthday Month Birthday Insurance Promotion Start Date Birthday Insurance Promotion End Date Latest In Force Date
April 1 March 2023 31 May 2023 14 June 2023


5. Each policyholder is only entitled to one reward for each category of Qualifying Plans, regardless of the number of plans purchased.

6. This promotion is not transferrable and not valid with other offers or promotions held by Great Eastern unless otherwise stated.

7. In the event that any duplicate reward is made or if the policy is cancelled within the free-look period, Great Eastern reserves the right to recover the full value of the reward (or duplicate reward, as the case may be) from the policyholder.

8. GREAT Dollars will be credited into the eligible policyholder’s account within 2 months after the Birthday Insurance Promotion end date, and after the 14-day free look period.

9. Eligible policyholders are required to download the Great Eastern Rewards mobile application and register for an account using a valid email address in order to receive the GREAT Dollars.

10. Great Eastern reserves the right to vary the terms and conditions or withdraw this Promotion at any time without prior notice. The decision of Great Eastern on all matters relating to this Promotion shall be final and binding on all customers.

11. The terms and conditions of this promotion 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 updated as at 1 April 2023