Understanding CareShield Life and GREAT CareShield

  CareShield Life GREAT CareShield
What is it?               National long-term care insurance scheme that provides lifelong monthly cash payouts to help with basic financial support if you develop a severe disability. Long-term care insurance add-on to enhance CareShield Life for earlier financial support and customisable monthly payouts from S$300 to S$5,000. 
Payouts  Payouts start from 3 ADLs  Payouts start from 1 ADL 
Great careshield

Understand the details before buying

1 Subject to Deferment Period of 90 days. 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, up to S$15,000. 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 Subject to Deferment Period, and for as long as the Life Assured continues to suffer from the disability.  

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

5 Dependant Care Benefit is 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 Premium rates are not guaranteed and they may be adjusted based on future experience.

* Limited to 2 assessments per GREAT CareShield policyholder. Please refer to the full terms and conditions here.

^ Great Eastern GREAT CareShield claims data payable up until 31 May 2026.

# Up to and including Policy Anniversary when the Life Assured is age 95 last birthday. Premium includes the prevailing rate of GST. The prevailing rate of GST is subject to change.

 Based on a 180-month period (15 years) after the Deferment Period ends.

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 terms, conditions and exclusions of this insurance plan are specified in the policy contract.

GREAT CareShield can be purchased by CareShield Life or ElderShield policyholders. All Supplements are regulated under the CareShield Life and Long-Term Care Act 2019.

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).

In case of discrepancy between the English and Chinese versions, the English version shall prevail.

Information correct as at 17 August 2026.

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