Starts from the 6th Policy year, with an Extra Sum Assured of up to 204% of the Basic Sum Assured.
Provides terminal illness benefit, death benefit and maturity benefit
Single and regular premium options with 3 or 5 premium payment periods.
Total Sum Assured will be paid at end of insurance period.
Insurance period until the Insured reach 100 years old.
PT Great Eastern Life Indonesia
Related information about GREAT Legacy Assurance
Monthly Premium: 0,09% x Yearly Premium
GREAT Legacy Assurance is an Insurance product owned by PT Great Eastern Life Indonesia (“Great Eastern Life Indonesia”), It is not a product of PT Bank OCBC NISP Tbk (“OCBC/Bank”) and Bank is not an insurance agent or insurance brokerage company of Great Eastern Life Indonesia.
Great Eastern Life Indonesia will take full responsibility over the GREAT Legacy Assurance product and the content of the insurance policy published for such insurance product, so therefore Bank will not be liable in any form for the GREAT Legacy Assurance product and the content of insurance policy published for such insurance product. GREAT Legacy Assurance product is not a saving product of the Bank, thus is not included in the government guarantee program or Indonesia Deposit Insurance Corporation (LPS).
Premium paid by the Policyholder are including cost of insurance, supplementary, fund management, bank commission and marketing staff commission (if any). The information in this document should be read and subject to the policy provisions and other provisions that are related to the GREAT Legacy Assurance product as per current as well as their changes thereto in the future.
Frequently Asked Questions about GREAT Legacy Assurance
Medical check up is required under certain conditions based on underwriting terms & conditions
(i) The Policyholder chooses to pay Premium by means of automatic debit via savings account; (ii) The Policyholder chooses to send and receive correspondence via email; (iii) The Policyholder chooses the electronic version of the Policy book; (iv) If the Policyholder has chosen the Premium payment method by automatic debit via credit card or savings account in SPAJ, the Policyholder should not make any changes to the Premium payment method during the Insurance Period; (v) Since the Policy Effective Date, no Premium has been settled after the expiry of a Grace Period; and (vi) The Policyholder has never changed the Policy into a Reduced Paid-Up Policy
Autodebit via OCBC Bank saving account
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