Care Secure (CareShield Life Supplement)

Footnotes

1. The Burden of Disease in Singapore, 1990 – 2017, www.moh.gov.sg/resources-statistics/singapore-burden-of-disease-report-2017
2. Ministry of Health, Population and Vital Statistics, www.moh.gov.sg/resources-statistics/singapore-health-facts/population-and-vital-statistics
3. Moderate disability or moderately disabled means your inability to perform two ADLs, which means requiring significant assistance from another person throughout the entire activity.
   
   Severe disability or severely disabled means your inability to perform at least three ADLs, which means requiring significant assistance from another person throughout the entire activity.
4. During the waiting period, we do not pay any claim except claims resulting from an accident. If you become disabled during the waiting period (other than due to an accident), your policy will end and you will receive a full refund of your premium.
   
   In order to claim under Care Secure, a certification by an approved assessor under the Relevant Act that you are suffering from disability must be sent to us. Relevant Act means the Central Provident Fund Act (Chapter 36) or CareShield Life and Long-Term Care Act 2019, and subsidiary legislations as amended, extended or re-enacted from time to time.
   
   If you become and continue to be disabled, we will pay a monthly disability benefit for life. If you become moderately disabled, we will pay 100% of the disability benefit. If you become severely disabled, we will pay 100% of the disability benefit, less the CareShield Life benefit that applies to you. If you are receiving CareShield Life benefit, we will automatically consider you to be severely disabled.
   
   We will pay the first benefit payment immediately after the deferment period. Deferment period means the 90-day period from the claim date (inclusive). We treat the claim date as the date on which the claim form for your policy is certified by an approved assessor under the Relevant Act.
   
   If you have recovered from a disability but become disabled again from the same cause within 180 days, we will not enforce the deferment period for the new claim. If you suffer disability arising from the same cause after the 180-day period, or suffer a disability arising from a different cause, the deferment period of 90 days applies for the new claim.
   
   The CareShield Life payout (if any) will be administered by the Singapore Government.
5. You can purchase Care Secure at monthly benefit levels from $1,200 to $5,000 in multiples of $100.
6. If you become and continue to be disabled, we will pay the support benefit. If you become moderately disabled, we will pay 300% of the disability benefit. If you become severely disabled, we will pay 600% of the disability benefit. If you are receiving CareShield Life benefit, we will automatically consider you to be severely disabled. The maximum support benefit we will pay is 600% of the disability benefit.
   
   If you become moderately disabled and then recover, you can only make another claim for the remaining amount of support benefit if you later become severely disabled. To avoid doubt, if you recover from moderate disability, and become moderately disabled again, we will not pay this benefit.
   
   We will pay the support benefit immediately after the deferment period.
7. Dependants are: 
   - Your child (or children);
   - Your husband or wife;
   - Your parents (biological parents, step-parents, or parents who legally adopted you); and
   - Your parents-in-law.
   
   Child means your biological child or stepchild, or legally adopted child, who has not reached the age of 21 years on the claim date.
8. Dependant benefit depends on the following conditions:
   - If you recover from the disability and you have not fully used the amount under this benefit, you may make another claim for the remaining amount if you become disabled again as long as we have not paid for more than 36 months in your lifetime.
   - If the child is no longer considered a child (because of their age or otherwise) at any time after we have begun paying this benefit, we will continue to pay this benefit until your death or you recover from the disability. The payment will then end.
   
   We will start paying the dependant benefit after the deferment period. If you recover from the disability or die after we have started paying disability benefit, support benefit or dependant benefit, the dependant benefit will end immediately on the date of your recovery or death (as the case may be).

Important Notes

This is for general information only. You can find the usual terms and conditions of this plan in the policy conditions. All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance advisor. Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you want. If you find that this plan is not suitable after purchasing it, you may terminate it within the free-look period, and obtain a refund of premiums paid.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Income Insurance or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

Information is correct as at 9 September 2025.