Youâve got time on your side. Adjust your lifestyle and get adequately covered to ensure your later years go smoothly!
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Youâve got time on your side. Set up your life to ensure your later years go smoothly! [credit cards]( [life Insurance]( [personal loans]( [Blog]( PAVE THE WAY FOR A MORE COMFORTABLE FUTURE So youâve gone through school, worked for almost a decade, and achieved lots of exciting milestones. Whatâs next? The best thing you can do nowâwhile youâre still youngâis to start paving the way for a more comfortable life in your later years. Here are 3 things to start doing right now. 1. Kick bad habits and lead a healthy lifestyle News flash: your metabolism is slowing down. While late-night trips to McDonald's were fine in your younger years, you need to start re-evaluating your diet and lifestyle choices. Improving your diet can reduce the risk of heart problems or chronic diseases such as diabetes or stroke as you age. 2. Make small steps towards financial independence Youâve worked hard to create your lifestyle for yourself and your loved onesâdonât put it at risk! Start a plan that adequately covers youâeven for a mild disabilityâso you have financial protection against unexpected long-term care expenses. Bonus Sign up for GREAT CareShield now to get 20% off premiums! GREAT CareShield starts paying out benefits as early as the inability to perform any 1 ADL (Activity of Daily Living). You can utilise your MediSave funds to pay for the premiums, up to a limit of S$600 per calendar year per insured person. Psst: GREAT CareShield is the only MediSave-approved plan that gives you up-to-lifetime payouts if you cannot perform any 1 ADL. Its monthly payout starts from the inability to perform any 1 out of 6 ADLs which refers to washing, toileting, dressing, feeding, walking or moving around and transferring. [FIND OUT MORE]( 3. Set your sights afar and prepare yourself for the unexpected Life can be unpredictable. Just take a look at the following stats: The proportion of older adults with 3 or more chronic diseases nearly doubled from 2009 to 2017* The percentage of persons with disabilities increases nearly four-fold with age^ There is a higher prevalence of people suffering from stroke, high blood pressure, and diabetesâ When you have a disability, your living expenses will likely increase due to: Medical Treatment Caregiver or nursing help Medical aids or equipment Whatâs more worrying is that you may suffer a loss of income in the event of a disability and may not have sufficient savings set aside. If that happens, is CareShield Lifeâs starting monthly payout of S$637â¡ (in 2023)- enough to manage your living expenses? The good thing isâyouâre still in the pink of health. Get covered early with lower premiums¹ while youâre young! How can GREAT CareShield help you? The plan offers monthly payouts² and a lump sum initial benefit³ of up to S$15,000, upon the inability to perform any 1 ADL. Add to thatâadditional monthly payouts for your loved ones to support your recovery. Get 20% off premiums throughout your coverage when you sign up today! Want to know more about GREAT CareShield? [FIND OUT MORE]( Sources:
*Transitions in Health, Employment, Social Engagement and Intergenerational Transfers in Singapore Study
^Ministry of Social and Family Development
â Singapore Stroke Registry Annual Report 2018 / Ministry of Health
â¡[CareShield Life | Born in 1980 or Later](
1 Premium rates are not guaranteed and they may be adjusted from time to time based on future experience.
2 Subject to Deferment Period. Payouts of Monthly Benefit are payable for as long as the Life Assured suffers from the applicable number of disabilities, up to a lifetime.
3 The Initial Benefit is a lump sum payment equivalent to 3 times of the Monthly Benefit. In the event the Life Assured fully recovers from the disability, the Initial Benefit may be paid again for subsequent episodes of inability to perform at least 1ADL. However, it is not payable if such subsequent disabilities arise from or are related to the cause of disability(ies) for which there was a previous claim for Initial Benefit. GREAT CareShield is underwritten by The Great Eastern Life Assurance Company Limited. Terms and conditions apply.
This advertisement has not been reviewed by the Monetary Authority of Singapore. The above is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance plan are specified in the policy contract. GREAT CareShield can be purchased by CareShield Life or ElderShield policyholders. All Supplements are regulated under the CareShield Life and Long-Term Care Act 2019. This is only product information provided by us. You may wish to seek advice from a qualified adviser before buying the product. If you choose not to seek advice from a qualified adviser, you should consider whether the product is suitable for you. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy. This policy is protected under the Policy Ownersâ 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 us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg). Information correct as at 24 April 2023. Follow us to browse our bite-sized content pieces and to stay on top of our exclusive promos! [Credit Cards]( [life Insurance]( [Personal Loans]( [Blog]( This email was originally sent to {EMAIL}. You have received this email because you are subscribed to MoneySmart Singaporeâs awesome newsletter. Sent by MoneySmart Singapore Pte Ltd, 8 Commonwealth Lane, #04-02, Singapore 149555, Singapore [Unsubscribe](