Join our savings quest! Every time your child grows their savings by at least S$10 each month, they will earn a S$1 reward in that month. Have at least S$300 in OCBC MyOwn Account to get started. Valid from 1 March to 31 August 2025.
T&Cs apply. Insured up to S$100k by SDIC.
Get a Welcome Bonus1 of up to 40% of your invested amount for the first policy year! T&Cs apply. Learn more
Get a Welcome Bonus1 of up to 40% of your invested amount for the first policy year! T&Cs apply. Learn more
Stack 3 types of bonuses to fuel your investment journey:
Plus, enjoy the following benefits with Investment-linked Insurance Plan 2.
Choose from 2 investment plans (Choice 5 or Choice 10) based on your goals and the amount of premiums you wish to commit.
Choose from 2 investment plans (Choice 5 or Choice 10) based on your goals and the amount of premiums you wish to commit.
Our fund managers have curated a list of funds, including dividend-paying funds4, for various risk appetites.
Our fund managers have curated a list of funds, including dividend-paying funds4, for various risk appetites.
You can change the life assured5 to that of a loved one.
You can change the life assured5 to that of a loved one.
You will receive a lump sum payout in the event of Death, Total & Permanent Disability (TPD) and Terminal Illness6.
You will receive a lump sum payout in the event of Death, Total & Permanent Disability (TPD) and Terminal Illness6.
We offer optional cash-paying riders to enhance your protection against critical illnesses.
We offer optional cash-paying riders to enhance your protection against critical illnesses.
This is not a savings or fixed deposit account, or a pure protection insurance product – it is an investment-linked insurance plan with risks. The value of your policy will vary depending on the performance of the underlying GreatLink funds you invest in. Your investments are not guaranteed and are subject to investment risks, including the potential loss of your capital. If you are only looking for insurance coverage, you should consider if other insurance products may be more appropriate for you.
When 35 years old, David purchases Investment-linked Insurance Plan 2 – Choice 10 with an annual premium of S$12,000.
At age 55, David surrenders his policy to fund his retirement. The total surrender value of his policy is S$447,828* – 1.86 times the total premiums he paid over 20 years (i.e. S$240,000).
All ages specified above are David’s age at that particular time with the addition of 1 year (i.e. age next birthday).
*All figures illustrated above are calculated based on an illustrated investment rate of return (IIRR) of 8% p.a. and a fund management charge of 1.50% p.a. The figures may have been rounded up or down. Based on an IIRR of 4% p.a., David will receive S$289,512 – 1.20 times the total of the premiums he paid (i.e. S$240,000) – when he surrenders his policy at age 55. This surrender value is equal to the value of his policy minus the surrender charge (if any).
The two IIRRs used (i.e. 4% p.a. and 8% p.a.) are purely illustrative and do not represent the lower and upper limits of investment performance respectively. The benefits you receive will depend on the actual performance of the underlying assets of the funds. The performance of the funds is not guaranteed and your policy’s surrender value may be less than that of the total premiums paid.
Minimum age
15 days (counted either from birth or discharge from hospital, whichever is later)
Maximum age
65 years old (age next birthday)
Our colleague from this branch will contact you.
By submitting this form, I hereby consent for Overseas-Chinese Banking Corporation Limited and its related corporations (collectively, the “OCBC Group”) to collect, use and disclose the personal data I submitted through this form for the purposes of contacting me about the afore-mentioned product (including – upon request – sharing information about any related products or services offered by OCBC Group) in accordance with OCBC’s Data Protection Policy.
By submitting this form, I hereby consent for Overseas-Chinese Banking Corporation Limited and its related corporations (collectively, the “OCBC Group”) to collect, use and disclose the personal data I submitted through this form for the purposes of contacting me about the afore-mentioned product (including – upon request – sharing information about any related products or services offered by OCBC Group) in accordance with OCBC’s Data Protection Policy.
All ages specified refer to age next birthday.
Investment-linked Insurance Plan 2 is underwritten by The Great Eastern Life Assurance Company Limited, a wholly owned subsidiary of Great Eastern Holdings Limited and a member of the OCBC Group. This plan is not a bank deposit and OCBC Bank does not guarantee or have any obligations in connection with it.
This document does not take into account your particular investment and protection aims, financial situation or needs. You may want to seek advice from a financial adviser before committing to buy the product. If you choose not to seek advice from a financial adviser, you should consider whether the product is suitable for you.
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.
Investments in this 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.
This document is for general information only. It is not a contract of insurance or an offer to buy an insurance product or service. It is also not meant to provide any insurance or financial advice. The specific terms and conditions of the plan are set out in the policy documents. If you are interested in the insurance policy, you should read the product summary and policy illustration (available from us) before deciding whether to buy this product.
We do not guarantee, represent or warrant that any of the information provided in this document is accurate and you should not rely on it as such. We do not undertake to update the information or to correct any inaccuracies. All information may change without notice. We will not be liable for any loss or damage arising directly or indirectly in connection with or as a result of you acting on the information in this document.
OCBC Bank, its related companies, their respective directors and/or employees (collectively “Related Persons”) may or might have in the future interests in the investment products or the issuers mentioned herein. Such interests include effecting transactions in such investment products, and providing broking, investment banking and other financial services to such issuers. OCBC Bank and its Related Persons may also be related to, and receive fees from, providers of such investment products.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information presented as at 23 April 2024.
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).
1 The Welcome Bonus varies according to your choice of plans and the basic regular premium payable on an annual basis. 40% Welcome Bonus is applicable to Investment-linked Insurance Plan 2 – Choice 10, with a minimum annual basic regular premium of S$12,000. The Welcome Bonus is payable in the form of extra units, upon receipt of each basic regular premium payable for the first policy year. It will not be paid while the policy is on premium holiday. Single premium top-ups are not applicable for Welcome Bonus.
2 The Loyalty Bonus payable annually from the end of the 10th policy year onwards is equal to 0.30% of the account value as at the end of each policy year. The Loyalty Bonus will be paid annually in the form of extra units. Payment of the Loyalty Bonus for each policy year is subject to no partial withdrawal(s) of the account value during that policy year for which the Loyalty Bonus is being paid for. Please refer to the product summary for more details.
3 The Premium Bonus payable is equal to 2% of each payment of the basic regular premium in respect of the policy years stipulated below depending on your choice of plan. Payment of Premium Bonus is subject to all the basic regular premium being paid up to date and there are no partial withdrawal(s) of the account value within 12 months prior to the date on which the premium bonus is being paid for.
| Choice of Plan | Premium bonus payable from the start of |
|---|---|
| Investment-linked Insurance Plan 2 - Choice 5 | 6th policy year |
| Investment-linked Insurance Plan 2 - Choice 10 | 11th policy year |
4 The payment of dividends may reduce the net asset value of the fund which is used to calculate the fund value and the benefits payable under your policy. The dividend rate and frequency varies according to the chosen dividend paying funds. The dividend distributions are not guaranteed and are determined by the relevant fund manager in its absolute discretion.
5 You may request for a change in the life assured from the second policy year onwards while the policy is in force, up to two times during the policy term. Please refer to the product summary for more details.
6 The Death Benefit will be payable in one lump sum as follows, if the life assured dies: (a) 101% of total basic regular premiums paid plus 101% of total single premium top-ups paid (if any), less 101% of total withdrawals (if any, including any withdrawal charges); or
(b) the account value,
whichever is higher, less any debt owed under the policy.
If the life assured is diagnosed with a Terminal Illness or Total and Permanent Disability (TPD), the Death Benefit will be paid in one lump sum.
7 For TPD that takes the form of total and irrecoverable loss of the sight in both eyes; the use of two limbs at or above the wrist or ankle; or the sight in one eye and the use of one limb at or above the wrist or ankle, coverage will be for the whole of the policy term. For other forms of TPD, it must occur before the policy anniversary on which the life assured is age 65. You are advised to refer to the policy contract for more details on TPD definitions.
| Plan | Premium Bonus to be paid out with each basic regular premium* paid from |
|---|---|
| Investment-linked Insurance Plan 2 - Choice 5 | The start of the 6th policy year |
| Investment-linked Insurance Plan 2 - Choice 10 | The start of the 11th policy year |
*The basic regular premium refers to the premium you have to pay regularly for your basic plan. This excludes riders, if any.
