Health Protection

GREAT CARESHIELD
Enhanced disability coverage with payouts, up to a lifetime

20% off
premiums
throughout
your coverage!
T&Cs apply.
#Lifeproof your disability coverage with
payouts, up to a lifetime
Disability – due to accidents or medical conditions – is real and can happen to anyone regardless of
age and lifestyle. Besides lifestyle disruption, disability entails potentially high medical and caregiving
expenses, which may be long term whilst you recover.

GREAT CareShield supplements your CareShield Life’s starting monthly payouts of S$600 in 2020
that increases over time. Your supplementary coverage starts early with additional monthly payouts1
and a lump sum Initial Benefit2 upon the inability to perform just one out of the six Activities of Daily
Living3 (ADLs).

In addition, receive extra monthly payouts from our Caregiver Benefit4 and Dependant Care Benefit5
if you are unable to perform two or more ADLs.

What’s more, GREAT CareShield can be fully payable using your MediSave funds6 to start your
disability coverage with lower premiums whilst you are still young.

Why should you consider this plan?

Disability financial support starts from the inability to perform 1 ADL

Receive monthly payouts and a lump sum Initial Benefit2 up to S$15,000. The Initial Benefit may be payable again
upon future occurrence of disability from a different or unrelated cause. Your future premiums7 are also waived
to better support your finances.

Additional cash benefits for your loved ones to support your recovery
Upon the inability to perform at least 2 ADLs, GREAT CareShield extends additional financial support, whether
for a full-time caregiver, alternative care arrangements or other medical care, by providing additional monthly
payouts of Caregiver Benefit4 and Dependant Care Benefit5.

Utilise your MediSave funds for enhanced coverage

Get disability coverage with no additional cash premium top-ups as GREAT CareShield can be paid with your
MediSave funds, up to a limit of S$600 per calendar year per insured person.
Under GREAT CareShield, all benefits and payouts are in addition to the national CareShield Life scheme so you
will receive maximum financial support when you need it most.

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 1ADL. 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.
How GREAT CareShield enhances your disability coverage

Mike
is a 30-year-old dispatch rider, married with a child.
He decides to supplement his CareShield Life plan with
GREAT CareShield for additional disability protection of up to
S$1,500 Monthly Benefit. He receives a 20% premium discount
throughout his coverage and pays an annual premium of S$573.

Scenario 1 Scenario 2
Unable to perform one ADL3. Unable to perform two ADLs3.

AGE Mike suffers a mild stroke AGE Mike gets into a car accident
32 and is certified as unable to 32 and loses the ability to walk and
perform one ADL3. feed himself.
He receives a lump sum He receives a lump sum
Initial Benefit2 of S$4,500. Initial Benefit2 of S$4,500.
He also receives a He also receives a
Monthly Benefit1 of S$750. Monthly Benefit1 of S$1,500,
Monthly Caregiver Benefit4 of S$900 and
Premium Waiver7 Monthly Dependant Benefit5 of S$450.
Premiums are waived during
the period of disability Premium Waiver7
Premiums are waived during
the period of disability

AGE Mike would have received a total AGE Mike would have received a
47 payout of S$139,500 in 15 years. 47 total payout of S$306,900
He will continue to receive the benefits in 15 years. He will continue
as long as he remains disabled. to receive the benefits
as long as he remains
disabled.

If Mike loses the ability

to perform three or more
ADLs3, he will receive
additional payouts from
his CareShield Life plan.
Table of Benefits

Plan Type GREAT CareShield

Selectable Monthly Minimum: S$300 / Maximum: S$5,000

Benefit (in multiples of S$100)

Initial Benefit2 One lump sum of 3 times the Monthly Benefit payable upon inability to
perform only 1 ADL

Monthly Benefit1 50% of Monthly Benefit payable upon inability to perform only 1 ADL

100% of Monthly Benefit payable upon inability to perform at least 2 ADLs

Caregiver Benefit4 60% of Monthly Benefit payable upon inability to perform at least 2 ADLs,
for up to 12 months

Dependant Care Benefit5 30% of Monthly Benefit payable upon inability to perform at least 2 ADLs,
for up to 48 months

Waiver of Premium7 Premiums are waived upon inability to perform at least 1 ADL

Policy Term Lifetime

Premium Type Level premium8 based on age last birthday at entry

Premium Payment Term Entry age 30 to 47 –

Up to and including the Policy Anniversary when the Life Assured is
67 or 95 (age last birthday)

Entry age 48 to 64 –
Up to and including the Policy Anniversary when the Life Assured is
95 (age last birthday) or 20 Years

8
Premium rates are not guaranteed and they may be adjusted from time to time based on future experience.
#Lifeproof your disability coverage with
payouts, up to a lifetime

Start a conversation with your Great Eastern Financial Representative today and learn how you can enhance
your disability coverage now while you are in your prime.

+65 6248 2211

greateasternlife.com/greatcareshield
wecare-sg@greateasternlife.com

Notes and Disclaimers

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 or ElderShield policyholders. All Supplements are 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.
Protected up to specified limits by SDIC.
GCSP/Ver 3.0/202207

In case of discrepancy between the English and the Chinese versions, the English version shall prevail.
Information correct as at 7 July 2022.

The Great Eastern Life Assurance Company Limited

(Reg No.1908 00011G)
1 Pickering Street, #01-01 Great Eastern Centre, Singapore 048659