It’s easy to think a disability is not going to happen to you, at least not while you are young and healthy. But disability does not discriminate against age and the cost of long-term care in the future is uncertain so it is important to plan ahead.
To supplement your CareShield Life coverage, GREAT CareShield offers you enhanced protection with payouts to help in the event of loss of income or to cover your long-term care costs due to a disability, at affordable premiums.
Protect what matters most to you. Sign up for GREAT CareShield and enjoy 20% savings on premiums for the first year.
|Eligible insurance plans||First year premium savings|
|GREAT CareShield Enhance plan||20% off first year premiums|
|GREAT CareShield Advantage plan|
Terms and conditions apply.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
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.
The above is for general information only. It is not a contract of insurance. The precise terms and conditions of these insurance plans are specified in the policy contract.
These policies are 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 correct as at 13 January 2021.