Mortgage Protector / MortgageCare family
Generations of decreasing-term mortgage cover, incl. OCBC/OAC-era plans. No longer on Great Eastern’s current term-life page — existing policies continue on their original contract terms.
Great Eastern's register preserves one of the deepest mortgage-term lineages in Singapore: Mortgage Protector (regular- and single-premium, plus an Advantage variant), Mortgage Protect and Mortgage Protect Advantage, the MortgageCare family (with Living Assurance CI riders and joint-life options), OCBC-OAC Mortgage Protector tranches from the Overseas Assurance Corporation era, and generic Reducing Mortgage Assurance plans in 5–30-year terms.
These are decreasing-term plans whose sum assured was designed to track an amortising loan. Holders who have refinanced, repriced or partially repaid since buying should check whether the reducing schedule still matches their actual outstanding balance — a mismatch in either direction is common. Note that today's 'GREAT Home Protect' is home-contents general insurance, not mortgage term.
What’s publicly known
What isn’t published
- Individual plan benefit definitions, eras and premium structures — the register confirms names, not contract detail
- Whether MortgageCare remains quotable through advisers today — unspecified publicly
Still holding a Mortgage Protector / MortgageCare family policy?
An adviser can help you:
- Read your original policy contract and confirm exactly what it still covers
- Compare keeping it against replacing it — legacy plans are sometimes worth keeping
- Check whether current Great Eastern plans fill any gaps it leaves
Sources
Legacy-plan information is compiled from limited public materials and third-party overviews — never rely on it for a decision about an in-force policy. Your policy document is the only authoritative description of your cover. Confirm with Great Eastern or a licensed financial adviser.