GREAT CareShield | Enhanced CareShield Life Protection

Hospitalisation income: To receive a cash benefit for each day you spend in  hospital, consider Supreme MediCash.

Critical illness: For continued coverage against all stages of critical illness, consider GREAT Life Advantage with its Complete MultiPay CI Plus Advantage Rider.

Wealth Accumulation: To multiply your savings with a regular premium endowment plan that grows with you, consider GREAT Wealth Multiplier II. 

¹ Subject to Deferment period. Payouts of Monthly Benefit are payable for as long as the Life assured suffers from the applicable number of disabilities, up to a lifetime.

² The Initial Benefit is a lump sum payment equivalent to 3 times of the Monthly Benefit. In the event the Life Assured fully recovers from the disability, the Initial Benefit may be paid again for subsequent episodes of inability to perform at least 1 ADL. However, it is not payable if such subsequent disabilities arise from or are related to the cause of disability(ies) for which there was a previous claim for Initial Benefit.

³ Activities of Daily Living (ADLs) are: washing, toileting, dressing, feeding, walking or moving around and transferring.

⁴ Subject to Deferment Period and payable for up to a maximum of 12 months (whether consecutive or not) per Policy Term.

⁵ Applicable if the Life Assured has a Child who is below 22 years old (age last birthday) as at the Claim Date; subject to Deferment Period and payable for up to a maximum of 48 months (whether consecutive or not) per Policy Term.

⁶ Subject to cap of S$600 per calendar year per insured person.

⁷ Subject to Deferment Period, and for as long as he continues to suffer from the disability.

⁸ Total Benefits refer to benefits payable after Deferment Period and are calculated based on Monthly Benefit of S$750 x 12 months + one-time Initial Benefit of S$4,500.

All ages specified refer to age last birthday.

Figures illustrated are rounded down to the nearest dollar.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

The above is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance plan are specified in the policy contract.

GREAT CareShield can be purchased by CareShield Life (CSHL) or ElderShield (ESH) policyholders. If purchased by ESH policyholders before the transfer of ESH to Government administration, GREAT CareShield will be considered as an ESH Supplement regulated under the CPF (Withdrawals for ElderShield Scheme) Regulations. If purchased by ESH policyholders after the transfer of ESH to Government administration or by CSHL policyholders, GREAT CareShield will be considered as a CSHL Supplement regulated under the CareShield Life and Long-Term Care Act.

This is only product information provided by us. You may wish to seek advice from a qualified adviser before buying the product. If you choose not to seek advice from a qualified adviser, you should consider whether the product is suitable for you. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs.

If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy.

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).

Information is correct as at 01 October 2021.