Introduction
As Singaporeans enjoy one of the longest life expectancies in the world, the risk of disability and need for long-term care becomes increasingly important. Care Secure, a supplement to CareShield Life, offers enhanced protection against the financial impact of disability. This innovative product by Prudential and Income provides lifetime coverage and comprehensive benefits, designed to strengthen your long-term healthcare security. With Care Secure, you can enjoy greater peace of mind knowing that you have additional support for your disability care needs.
🤔 Insurance Needs Calculator
Discover how much insurance coverage you might need based on your financial situation.
No personal information required.
Eligibility and Coverage
Care Secure is designed to provide comprehensive coverage for eligible individuals, with specific requirements and options to suit various needs. Let's explore the key aspects of eligibility and coverage under this plan.
Age Requirements
Care Secure is available to individuals aged 30 to 64 years old (last birthday). This wide age range ensures that many working adults can benefit from this supplementary coverage.
Citizenship Status
The plan is open to Singapore Citizens and Permanent Residents. This eligibility criterion ensures that long-term residents of Singapore can access this valuable protection.
Coverage Amount
You can choose monthly benefit levels ranging from S$1,200 to S$5,000, in multiples of S$100. This flexibility allows you to select a coverage amount that best suits your financial needs and budget.
Payout Structure
Care Secure offers a comprehensive payout structure designed to provide financial support in the event of disability. The plan takes into account different levels of disability and provides benefits accordingly. Let's examine the key features of the payout structure.
Monthly Disability Benefit
Care Secure provides a lifetime monthly payout if you become disabled. The benefit amount depends on your chosen monthly disability benefit level and your disability status.
Disability Classifications
The plan recognizes two levels of disability: moderate (inability to perform two Activities of Daily Living) and severe (inability to perform three or more ADLs). For moderate disability, you receive 100% of the disability benefit. For severe disability, you receive 100% of the disability benefit minus the CareShield Life benefit.
Waiting Period
There is a 90-day deferment period from the claim date before benefit payments begin. However, if you recover and become disabled again from the same cause within 180 days, the deferment period is waived for the new claim.
Fill in your details to get started
or
By filling this out, you agree to allow us to contact you about insurance related information.
Riders and Additional Benefits
Care Secure goes beyond basic disability coverage by offering a range of additional benefits to provide comprehensive support. These benefits are designed to address various aspects of care and financial needs that may arise due to disability. Let's explore the key additional benefits offered by Care Secure.
Support Benefit
Receive a support benefit of up to 600% of the disability benefit. For moderate disability, you get 300% of the disability benefit, while for severe disability, you receive 600% of the disability benefit.
Dependant Benefit
If you become disabled and have at least one dependant, you'll receive 25% of the disability benefit as a dependant benefit every month for up to 36 months in your lifetime. This ensures your loved ones are taken care of during challenging times.
Death Benefit
In the event of your death while receiving disability benefits, Care Secure will pay 300% of the disability benefit. This provides an additional layer of financial protection for your beneficiaries.
Premium Waiver
Future premium payments for the policy will be waived if you become disabled. This ensures that your coverage continues without the burden of premium payments during disability.
Integration with Other Policies
Care Secure is designed to complement and enhance the coverage provided by CareShield Life, which is a basic long-term care insurance plan administered by the Singapore government. While CareShield Life provides a foundation for long-term care coverage, Care Secure offers additional benefits and higher payout amounts to ensure more comprehensive protection. The integration allows for a seamless claims process, where Care Secure's benefits are calculated after taking into account the CareShield Life payout. This complementary approach ensures that you have a robust safety net in place for potential long-term care needs, combining the strengths of both government and private insurance solutions.
Policy Term and Renewability
Care Secure offers lifetime coverage, providing long-term protection against disability. The policy is designed to complement CareShield Life, ensuring continuous coverage throughout your life. Let's explore the key aspects of the policy term and renewability options.
Entry Age
Care Secure is available for individuals aged 30 to 64 years old (last birthday). This wide entry age range allows many adults to secure this valuable coverage.
Coverage Duration
The policy provides lifetime coverage, ensuring that you remain protected against disability throughout your life. This long-term approach aligns with the potential long-term care needs that may arise as you age.
Automatic Renewal
Care Secure is designed to complement CareShield Life, which means it continues for life without the need for manual renewals. This ensures uninterrupted coverage and peace of mind.
Fill in your details to get started
or
By filling this out, you agree to allow us to contact you about insurance related information.
1170+
Suggestions Facilitated
11+
Insurance Brands Represented
154+
MAS Licensed Advisors
Claims and Customer Service
To file a claim under Care Secure, you need to submit a certification by an approved assessor under the relevant Act stating that you are suffering from disability. The claim date is considered as the date on which the claim form is certified by the approved assessor. Prudential and Income have established a straightforward claims process to ensure timely payouts. For any inquiries or assistance with claims, customers can contact Prudential's customer service at 1800 333 0 333. It's important to note that the CareShield Life portion of the payout (if any) will be administered separately by the Singapore Government.
Conclusion
Care Secure by Prudential and Income is an excellent choice for Singapore Citizens and Permanent Residents aged 30 to 64 who want to enhance their CareShield Life coverage. It's particularly suitable for individuals concerned about potential long-term care needs, those with dependents who want additional financial protection, and those seeking comprehensive disability coverage with lifetime benefits. The plan's flexibility in choosing benefit levels and its additional features like support benefit and dependant benefit make it a valuable consideration for many Singaporeans planning for their long-term financial security.
, giving you a broader perspective on your insurance choices. Plus, by participating, you'll be entered into our 'Premiums On Us' quarterly draw, where you could win your quarterly insurance premiums paid by Whatins. Don't miss this opportunity to make an informed decision about your long-term care coverage while potentially saving on your premiums!
Fill in your details to get started
or
By filling this out, you agree to allow us to contact you about insurance related information.