GREAT CareShield

^* Ministry of Health, Why do you need to plan for your future long-term care needs? www.moh.gov.sg/careshieldlife/long-term-care-financing

^†  Mild disability means your inability to perform one ADL and will require significant assistance from another person when carrying out the activity.

Moderate disability means your inability to perform two ADLs and will require significant assistance from another person when carrying out the activities.

Severe disability means your inability to perform at least three ADLs and will require significant assistance from another person when carrying out the activities.

^‡ Subject to Deferment Period and for Advantage Plan type only, and "mild disability" is the inability to perform 1 Activity of Daily Living (ADL).  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 mild disability.  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.

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

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

^¶ Premium rates are not guaranteed and they may be adjusted from time to time based on future experience.

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 13 October 2020.