Mortgage Protect Advantage
Enjoy greater security with mortgage reducing term cover
Secure your family and safeguard your home with our comprehensive mortgage insurance plan.
Mortgage Protect Advantage
A regular premium plan that offers a full refund of your total premiums paid if no claims are made by the end of the policy term.
A regular premium plan that offers a full refund of your total premiums paid if no claims are made by the end of the policy term.
This is not a fixed or savings deposit, but a term insurance plan.
Eligibility requirements
Age (next birthday)
18 to 65 years old
Important notices
Policy Owners' Protection Scheme
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).
35 critical illnesses
- Major Cancers
- Heart Attack of Specified Severity
- Stroke
- Coronary Artery By-pass Surgery
- Kidney Failure
- Aplastic Anaemia
- Viral Encephalitis
- End Stage Lung Disease
- End Stage Liver Failure
- Coma
- Deafness
- Heart Valve Surgery
- Loss of Speech
- Major Burns
- Major Organ/Bone Marrow Transplantation
- Multiple Sclerosis
- Muscular Dystrophy
- Progressive Scleroderma
- Parkinson's Disease
- Surgery to Aorta
- Alzheimer's Disease/Severe Dementia
- Fulminant Hepatitis
- Motor Neurone Disease
- Primary Pulmonary Hypertension
- Apallic Syndrome
- HIV due to blood transfusion and occupationally acquired HIV
- Benign Brain Tumor
- Bacterial Meningitis
- Major Head Trauma
- Blindness (Loss of Sight)
- Paralysis (Loss of Use of Limbs)
- Systemic Lupus Erythematosus with Lupus Nephritis
- Other Serious Coronary Artery Disease
- Poliomyelitis
- Loss of Independent Existance
Important notes
Mortgage Protect Advantage is provided 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.
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.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Information presented as at 28 July 2021.