Singlife ElderShield Standard FAQ

• If you become severely disabled, your Singlife ElderShield Standard and Plus policy payouts begin after the deferment period and your subsequent premiums will be waived.

• If you recover from your severe disability, severe disability benefit payouts will stop and premium payments will resume if you have not fulfilled your minimum premium payment term.

• If you have finished paying all required premiums under the limited premium payment term option, no additional premium payment is necessary. You will still continue to enjoy lifetime coverage.

To prevent your policy from lapsing due to non-payment of premiums, you may convert your policy into a paid-up policy with a reduced monthly benefit after a certain minimum number of years, provided that you have sufficient value accumulated under your Singlife ElderShield Standard policy. The monthly benefit amount is dependent on your age and how long your policy has been in force.

In the event there are insufficient value accumulated, the policy will lapse and the cover will cease.

This is applicable to both limited premium payment term and lifetime premium term policies.