{ "generated_at": "2026-06-05T12:32:40.774Z", "site_base": "https://lifeinsurance.com.sg", "insurer": { "slug": "great-eastern", "name": "Great Eastern", "legal_entity": "The Great Eastern Life Assurance Company Limited", "mas_license_type": null, "mas_fi_directory_url": null }, "product": { "slug": "direct-great-life-2", "name": "DIRECT - \n GREAT Life II", "status": "active", "positioning_summary": null, "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/190800011G/PS(EN)_DIRECT%20GREAT%20Life%20II%2070_85_(SG)_v5.0.pdf" }, "wording": { "wording_version": "2026-06-05", "effective_from": null, "ingested_at": "2026-06-05T12:16:20.327913+00:00", "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/190800011G/PS(EN)_DIRECT%20GREAT%20Life%20II%2070_85_(SG)_v5.0.pdf", "pdf_hash": "814377b940a4445e013db355eeeba604aa462bb69a0377380edd9dae68327b05", "page_count": null }, "facts": { "free_look": { "period_days": 14, "source_page": 9, "refund_basis": "we will refund you the premiums you have paid, less any medical fees and other expenses, such as payments for medical check-ups and medical reports, incurred by us." }, "exclusions": [ { "text": "We will not pay the death benefit if the life assured dies due to suicide, while sane or insane, within 1 year from the date of issue of the policy or from the date of any reinstatement, the policy will be rendered void and we will refund all premiums paid.", "source_page": 3 }, { "text": "We will not pay the TPD benefit for TPD resulting from: (a) self-inflicted injury, while sane or insane; (b) bodily injury sustained while the life assured is in or on an aircraft other than: (i) as a fare-paying passenger or a crew member on an aircraft licensed for passenger service and operated by a regular airline on a scheduled route; or (ii) as a member of the armed forces travelling as a passenger in a military transport aircraft; or (c) any pre-existing condition.", "source_page": 3 }, { "text": "We will not pay the terminal illness benefit for: (a) terminal illness in the presence of Human Immunodeficiency Virus (HIV) infection; or (b) terminal illness resulting from any pre-existing condition.", "source_page": 3 } ], "cash_values": { "has_cash_value": true, "non_guaranteed_bonus": { "text": "The future bonuses which have yet to be declared are not guaranteed and are dependent on the performance of the participating fund. We will decide the level of bonus to be declared each year as approved by the board of directors, taking into account the written recommendation by the appointed actuary.", "available": true, "bonus_types": [ "reversionary", "terminal" ], "source_page": 4, "par_fund_name": "Great Eastern Life Participating Fund" }, "guaranteed_surrender_value": { "basis": "Payable when policy is surrendered after at least 3 full policy years of premiums paid and policy has been in force for at least 3 years. See table of deductions in the policy illustration.", "available": true, "source_page": 2 } }, "grace_period": { "days": 30, "source_page": 7 }, "product_type": "whole-life", "underwriting": { "source_page": 8, "pre_existing_treatment": "We may reject your claim if the life assured has a pre-existing condition and: has not declared it in the proposal form as required for a new policy (if applicable); or has not declared it in the reinstatement form as required for a reinstatement (if applicable); or has not declared it in the application form as required for an increase in the sum assured (if applicable)." }, "policy_basics": { "minimum_entry_age": { "basis": "as-stated", "years": 0, "source_page": 2 }, "maximum_coverage_age": "whole-of-life" }, "premium_terms": { "payment_modes": [ "annual", "semi-annual", "quarterly", "monthly" ], "premium_term_options": [ { "label": "DIRECT – GREAT Life II 70 — premium term up to age 70", "description": "Up to age 70", "source_page": 1 }, { "label": "DIRECT – GREAT Life II 85 — premium term up to age 85", "description": "Up to age 85", "source_page": 1 } ], "premium_review_clause": { "text": "No. The premium rates for this plan are guaranteed and will not be changed.", "reviewable": false, "source_page": 3 } }, "reinstatement": { "conditions": "you may reinstate the policy within 3 years from the date it lapsed and usual reinstatement conditions apply.", "source_page": 7, "window_years": 3 }, "non_forfeiture": { "source_page": 7, "automatic_premium_loan": { "text": "If you do not pay your premiums on time, your policy may lapse (after 30 days grace period) depending on the net surrender value. If the policy has enough net surrender value, you will be given an automatic premium loan (APL).", "available": true } }, "suicide_clause": { "source_page": 3, "payout_within_period": "We will not pay the death benefit if the life assured dies due to suicide, while sane or insane, within 1 year from the date of issue of the policy or from the date of any reinstatement, the policy will be rendered void and we will refund all premiums paid.", "exclusion_period_months": 12 }, "document_metadata": { "wording_version": "PS Version 5.0", "product_full_name": "DIRECT – GREAT Life II", "insurer_legal_entity": "The Great Eastern Life Assurance Company Limited (Registration No. 1908 00011G)", "product_summary_pdf_url": "https://www.greateasternlife.com" }, "terminal_illness_benefit": { "available": true, "source_page": 2, "acceleration_percent": 100, "qualifying_definition": "an illness that is expected to result in the life assured's death within 12 months of the diagnosis. We require this diagnosis to be supported by a specialist and confirmed by our appointed doctor." } }, "confidence_tier": "verified" }