Great
Eastern is proud to be awarded the ElderShield contract by the Ministry
of Health.
"We
are excited to be part of this initiative by the Ministry to offer
financial protection for Singaporeans who require long-term care.
We decided to participate in this scheme because it is in line with
our strategy to be a market leader in the retirement security market.
We share the Government's concern that many elderly Singaporeans
are underinsured for long-term care if they suffer from severe disabilities.
"
Mr. Tan Beng Lee
Group Chief Executive Officer
Great Eastern Holdings
“Great
Eastern is committed to providing full support to ElderShield. It
is an important government initiative to ensure that our ageing
population has sufficient financial protection against severe disability.
We want to encourage our policyholders to upgrade to the new ElderShield
Basic Plan and also to consider taking up our ElderShield Supplements
in order to enjoy higher and longer duration of benefit payouts."
Mr. Tan Hak Leh
Managing Director (Singapore)
Great Eastern Holdings
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