Singlife ElderShield Standard FAQ

Singlife ElderShield Standard and Singlife ElderShield Plus are Eldershield Supplements providing additional coverage and benefits in the event of a severe disability. With an additional premium, you can customize the policy to meet your own personal needs. Singlife ElderShield Standard and Plus lets you choose your:

• Monthly Payout Benefit
  - choose your preferred monthly payout benefit (inclusive of ElderShield benefit) from a minimum of S$600 to a maximum of S$5000 (in increments of S$100).
  
  
• Monthly Payout Duration
  - choose between a fixed 12-year (144 months) duration or unlimited lifetime payout.
  
  
• Payment Term
  - choose between paying until age 66 next birthday, (or for 20 years from entry age, whichever is later) or Lifetime premium payment.

With the rising costs of care and the longer life spans of Singaporeans, this makes Singlife ElderShield Standard and Plus the smart choice as an additional coverage on the specific needs during unexpected situation.

The monthly benefit is payable when the Life Assured is certified as severely disabled and unable to perform at least 3 of the 6 Activities of Daily Living. Once the 90-days deferment period is complete, the benefit payout begins.
 

No. As long as you have an in-force ElderShield policy, you can purchase Singlife ElderShield Standard and Plus.
 

If your basic ElderShield policy is terminated, your Singlife ElderShield Standard and Plus coverage will be terminated as well. In the event that the premiums have been collected for Singlife ElderShield Standard and Plus, the policy(s) will be terminated at the next premium due date.

Your Singlife ElderShield Standard policy will continue to provide severe disability benefits for life (or up to 144 months of benefit payout duration), even if your basic ElderShield benefits have been fully paid.