Great Eastern ElderShield Comprehensive product details
- Non-participating policy – Disability Income Insurance
- Automatic coverage for Singapore Citizens and Permanent Residents with Medisave accounts for ElderShield at age 40. In the event of losing the ability to perform at least 3 out of 6 Activities of Daily Living (ADLs), you will receive S$400 Monthly Benefit payouts for up to six years
- ElderShield Comprehensive is designed to supplement basic ElderShield by providing higher benefits while stretching coverage up to a lifetime
- You can be assured of early care as ElderShield Comprehensive 2 ADLs accelerates Monthly Benefit payouts when you are unable to perform 2 out of 6 ADLs
- You can also choose Monthly Benefit payouts of between S$300 to S$3,000 on top of your basic ElderShield
- Option to choose the plan type to receive the Monthly Benefit for up to 10 years or up to a lifetime
- Receive a lump sum Initial Benefit on top of your Monthly Benefit payouts upon your first claim
- In the event of death while receiving your Monthly Benefit payouts, ElderShield Comprehensive also provides a lump sum equivalent to three times the Monthly Benefit, and this can help with final expenses
Read About: 3 things to consider before taking up a new financial product
Features of Great Eastern ElderShield Comprehensive at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
NA
Additional Features and Benefits
Yes.
For further information and details, refer to Great Eastern website. Alternatively, fill up the form below and let us advise accordingly.
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