Prestige Multiple Critical Illness (PMCI) | OCBC Singapore

Prestige Multiple Critical Illness (PMCI)

Single premium critical illness plan with 100% return of its premium

How this will benefit you

100% return of the premium paid – regardless of whether claims are made – upon maturity of policy or death

Up to 30 claims1 for different critical illnesses

Comprehensive coverage against 36 severe-stage critical illnesses2

Who can apply

Minimum age: 15 days (counted either from birth or discharge from hospital, whichever is later)

Maximum age: 55 years old (age next birthday)

Have us contact you

Our first single premium critical illness plan that – regardless of any claims – fully returns its premium upon policy maturity or death.

Features and benefits
High coverage for up to 30 claims for different illnesses

Get 100% return of the premium paid

Regardless of any claims you make, we will fully return the premium you paid upon maturity of policy or death.

Regardless of any claims you make, we will fully return the premium you paid upon maturity of policy or death.

Full premium payout

Make up to 30 claims for different critical illnesses

This policy is the first in the market to allow up to 30 claims for different severe-stage critical illnesses. Get coverage of up to S$1.2m, or US$1m for each claim2.

This policy is the first in the market to allow up to 30 claims for different severe-stage critical illnesses. Get coverage of up to S$1.2m, or US$1m for each claim2.

Protection against 36 severe stage critical illnesses and death

Be protected from 36 severe-stage critical illnesses and death

Receive coverage for 36 severe-stage critical illness and death.

You will be covered until you are 80 years old (age next birthday). In the event of death, you will receive 100% of the basic single premium you paid.

Receive coverage for 36 severe-stage critical illness and death.

You will be covered until you are 80 years old (age next birthday). In the event of death, you will receive 100% of the basic single premium you paid.

One-time premium payment

Never worry about paying recurring premiums

This is Singapore’s first critical illness insurance plan where you can pay a single premium – say goodbye to paying recurring premiums in the future.

This is Singapore’s first critical illness insurance plan where you can pay a single premium – say goodbye to paying recurring premiums in the future.

Choose your preferred policy currency

Choose your preferred currency – SGD or USD

You have the flexibility to choose the currency denomination you prefer (SGD or USD3) for this plan.

You have the flexibility to choose the currency denomination you prefer (SGD or USD3) for this plan.

  1. We will pay 100% of the Basic Sum Assured up to 30 times, where each claim is for a different critical illness. The diagnosis date of a critical illness must be at least 1 year from the diagnosis date of the critical illness that was last admitted and paid.
  2. Regardless of how many policies and riders a life assured has with Great Eastern, he/she can only receive a total of up to S$3,000,000 in benefits payable for critical illness.
  3. If USD is not your home currency, you will be exposed to foreign exchange volatility risk.

How it works

David, a 35-year old man, purchases Prestige Multiple Critical Illness (SGD) – Standard Multiple at a single premium of S$100,000. As he does not smoke, David is deemed healthy after underwriting. The Basic Sum Assured1 of his policy is thus S$100,000.

Find out how much David will receive when he makes claims for different critical illnesses or makes no claims at all.

Customer profile for Prestige Multiple Critical Illness (PMCI) with multiple claims made
Customer profile for Prestige Multiple Critical Illness (PMCI) with multiple claims made
Customer profile for Prestige Multiple Critical Illness (PMCI) with multiple claims made
Customer profile for Prestige Multiple Critical Illness (PMCI) with no claims made
Customer profile for Prestige Multiple Critical Illness (PMCI) with no claims made
Customer profile for Prestige Multiple Critical Illness (PMCI) with no claims made

All ages specified refer to age next birthday (ANB).

  1. The Basic Sum Assured of this policy will be a multiple of the single premium paid. The multiple depends on the age, health condition and smoker status of the life assured when he/she purchases the policy. This multiple will not change throughout the policy term.
  2. We will pay 100% of the Basic Sum Assured up to 30 times, where each claim is for a different critical illness. The diagnosis date of a critical illness must be at least 1 year from the diagnosis date of the critical illness that was last admitted and paid.

All ages specified refer to age next birthday (ANB).

  1. The Basic Sum Assured of this policy will be a multiple of the single premium paid. The multiple depends on the age, health condition and smoker status of the life assured when he/she purchases the policy. This multiple will not change throughout the policy term.

LET US GUIDE YOU

Find out how much critical illness coverage you need

Get personalised suggestions for each type of coverage in the OCBC app.

Try it now

Try it now

Before you apply

Eligibility requirements

Minimum age

15 days (counted either from birth or discharge from hospital, whichever is later)

Maximum age

55 years old (age next birthday)

Important notes

Prestige Multiple Critical Illness 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.

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 correct as at 4 September 2024.

Policy Owners' Protection Scheme

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).

Common questions
More questions and answers
What is the policy term?

The policy term is till age 85 (age next birthday).

What are the types of critical illnesses covered?

Cancer

  1. Early stage

    • Carcinoma in situ;
    • Early Prostate Cancer;
    • Early Thyroid Cancer;
    • Early Bladder Cancer;
    • Early Chronic Lymphocytic Leukemia;
    • Neuroendocrine tumours;
    • Gastro-Intestinal Stromal tumours; or
    • Bone Marrow Malignancies

  2. Intermediate stage

    Carcinoma in situ of Specified Organs treated with Radical Surgery

  3. Critical stage

    • Major cancer

Heart attack

  1. Early stage

    • Cardiac Pacemaker Insertion
    • Pericardectomy

  2. Intermediate stage

    • Cardiac Defibrillator Insertion
    • Early Cardiomyopathy

  3. Critical stage

    • Heart Attack of Specified Severity

Stroke

  1. Early stage

    • Brain Aneurysm Surgery
    • Cerebral Shunt Insertion

  2. Intermediate stage

    • Carotid Artery Surgery

  3. Critical stage

    • Stroke with Permanent Neurological Deficit

You are advised to read the policy wording for more details.

Will the payout be the same regardless of the type of critical illness?

Yes. You will receive 100% of the sum assured you have chosen, regardless of the type of critical illness.

Is the premium fixed or does it increase over the years?

The premium will increase each year with age. Find out more in the OCBC Digital app.

More questions and answers
VIEW PRICING AND APPLY

Apply for Prestige Multiple Critical Illness today

OCBC Digital app
OCBC Digital app

or

Desktop browser
Get us to contact you

You are leaving the OCBC Bank's website to access Great Eastern's website.

By clicking on "Proceed", you acknowledge the following:

  • You have chosen not to seek advice on the suitability of this product. You should consider if this product is suitable for your financial circumstances or needs.
Proceed

icon_light_bulb_greyBe covered for 36 severe stage critical illness and death

The policy covers the following 36 Critical Illnesses:

  1. Alzheimer's Disease/ Severe Dementia
  2. Benign Brain Tumour
  3. Blindness (Irreversible Loss of Sight)
  4. Coma
  5. Coronary Artery By-Pass Surgery
  6. Deafness (Irreversible Loss of Hearing)
  7. End Stage Kidney Failure
  8. End Stage Liver Failure
  9. End Stage Lung Disease
  10. Fulminant Hepatitis
  11. Heart Attack of Specified Severity
  12. HIV due to Blood Transfusion and Occupationally Acquired HIV
  13. Idiopathic Parkinson’s Disease
  14. Irreversible Aplastic Anaemia
  15. Irreversible Loss of Speech
  16. Loss of Independent Existence
  17. Major Burns
  18. Major Cancer
  19. Major Head Trauma
  20. Major Organ / Bone Marrow Transplantation
  21. Motor Neurone Disease
  22. Multiple Sclerosis
  23. Muscular Dystrophy
  24. Open Chest Heart Valve Surgery
  25. Open Chest Surgery to Aorta
  26. Other Serious Coronary Artery Disease
  27. Paralysis (Irreversible Loss of use of limbs)
  28. Persistent Vegetative State (Apallic Syndrome)
  29. Poliomyelitis
  30. Primary Pulmonary Hypertension
  31. Progressive Scleroderma
  32. Severe Bacterial Meningitis
  33. Severe Encephalitis
  34. Stroke with Permanent Neurological Deficit
  35. Systemic Lupus Erythematosus with Lupus Nephritis
  36. Terminal Illness

For Angioplasty and Other Invasive Treatment for Coronary Artery, the coverage is offered as an Additional Benefit.

The definitions of the covered Critical Illnesses are based on Life Insurance Association Singapore (LIA) Standard Definitions for severe stage of 37 Critical Illnesses: Version 2019.

Are you sure you want to leave our site?

You are leaving the OCBC Bank website and about to enter a third party website that OCBC Bank has no control over and is not responsible for. Before you proceed to use the third party website, please review the terms of use and privacy policy of their website. OCBC Bank’s Conditions of Access and Privacy and Security Policies do not apply at third party websites.
I would like to stayLeave website