Great Eastern GREAT CareShield Advantage Review

Benefits of Great Eastern GREAT CareShield Advantage

Great Eastern GREAT CareShield Advantage is a complementary plan for CareShield Life, receive up to S$5,000 a month for a lifetime as long as you remain severely disabled.

Great Eastern GREAT CareShield Advantage product details

  • Non-participating policy – Disability Income Insurance
  • Coverage
    • Receive Monthly Benefits from S$300 up to S$5000 upon disability and making a successful claim for disability
  • Initial Benefit
    • Receive 3x the Monthly Benefit up to S$15,000 upon disability to perform 1 of 6 ADLs
  • Disability Monthly Benefit
    • Receive 100% of Monthly Benefit upon disability to perform 2 of 6 ADLs
    • Receive Monthly Benefits for as long as you remain as disabled until the end of your life
  • Premium Waiver
    • Future premiums are waived upon disability to perform 1 of 6 ADLs
  • MediSave Fundable
    • Premiums can be paid with MediSave up to $600 per month

The lesser coverage version is Great Eastern GREAT CareShield Enhanced

Read also: An Introduction To Disability Income Insurance Policies

Features of Great Eastern GREAT CareShield Advantage 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.

Read Also: No budget for financial planning?

Read alsoGuide on Retirement Planning in Singapore

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Is Great Eastern GREAT CareShield Advantage suitable for me?

Contact InterestGuru using the form below. Our panel of Independent financial planners will advise accordingly, based on your financial profile and protection needs.

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Financial Solutions Enquiry Form

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For which event do you wish to be protected for?

DeathTotal and Permanent DisabilityCritical Illness (Early stage)Critical Illness (Advance and Late stage)Income in the event of Disability

How many year are you willing to make payment for?


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Would you expect to do partial withdrawal in the short term for this sum of money?

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Before you go...
Great Eastern GREAT CareShield Advantage may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.
Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!
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