MyCare – Disability Insurance

MyCare – Disability Insurance

Maximise your disability cover with MyCare.

Why do I need to improve my ElderShield cover?

Severe disability can happen to anyone, at any age. Chronic illnesses, accidental injuries or age can all lead to disability which impacts you and your family's lifestyle. When this happens, the care needed can be costly over the long-term. This can become an increasing burden to your loved ones.

ElderShield provides a basic level of protection against severe disability1 and is designed to be a starting point for your needs. With MyCare, a Medisave-approved ElderShield supplement, you can transform your ElderShield cover into lifetime benefits of higher benefit payouts, with premiums that do not increase with age.

So go ahead and plan for your future now with peace of mind!

Transform your ElderShield into lifetime2 benefits with MyCare

  • Lifetime2 or 12 year benefit payouts
    MyCare offers you guaranteed monthly payouts for the rest of your life2, should your Severe Disability1 strike. What’s more, payouts are in cash, so you can use it as you like without any restrictions!
  • Limited premium payment term3 for Lifetime2 or 12 year cover
    MyCare continues protecting you, allowing you to make a claim should Severe Disability1 strike even after you stop paying premiums at 67 (age next birthday)3. As an added benefit to you, premiums are waived for the duration of your benefit payouts.
  • Recover and still receive 50% benefit payouts
    MyCare looks after your needs even during your recovery process after a severe disability claim. If you are still unable to perform 2 Activities of Daily Living, MyCare’s Rehabilitation Benefit4 feature allows you to continue receiving an amount equivalent to 50% of the Severe Disability Benefit5.
  • Extra cash for the ones you care about most
    MyCare will also provide for an additional S$200 per month for up to 36 months if you have any children aged 21 and below.
  • Pay with Medisave
    You can use your Medisave funds of up to S$600 per calendar year per Life Assured6. You also have the flexibility to use the Medisave of your spouse, children, parents or grandchildren.
  • Premiums are level7 and based on age at entry
    Start young to enjoy lower premiums!
  1. Severe Disability shall mean the inability to perform at least 3 of the 6 Activities of Daily Living, which refers to Transferring, Mobility, Toileting, Washing, Dressing, and Feeding. Please refer to the Product Summary for details.
  2. Applicable only if you opt for a Lifetime Benefit Payout duration. Alternatively, you may choose to take up MyCare with a 12-year (144 months) Benefit Payout duration.
  3. If you opt for the limited premium payment term. Alternatively, you may choose to take up MyCare with lifetime premiums.
  4. Rehabilitation Benefit will be payable following a Severe Disability claim for the same benefit payout duration as the Severe Disability Benefit.
  5. Monthly Benefit refers to the applicable Severe Disability Benefit under MyCare
  6. If you have more than one policy, the Medisave limit of S$600 is applicable on the aggregate premiums of all ElderShield Supplement policies.
  7. The premium rates are not guaranteed and these rates may be adjusted by giving you 30 days advance notice, based on future experience.
FIND OUT MORE