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Pros & Cons of Great Eastern ElderShield Comprehensive

Great Eastern ElderShield Comprehensive is an Eldershield supplement issued by Great Eastern. It aims to provide lifetime protection against severe disability by providing a monthly benefit when the insured is unable to perform the minimum number of activities of daily living. The 6 activities of daily living are:
  1. Washing – The ability to wash in the bath or shower (including getting into and out of the bath or shower) or wash by other means.
  2. Dressing – The ability to put on, take off, secure and unfasten all garments and, as appropriate, any braces, artificial limbs or other surgical or medical appliances.
  3. Feeding – The ability to feed oneself food after it has been prepared and made available.
  4. Toileting – The ability to use lavatory or manage bowel and bladder function through the use of protective undergarments or surgical appliances if appropriate.
  5. Mobility – The ability to move indoors from room to room on level surfaces.
  6. Transferring – The ability to move from a bed to an upright chair or wheelchair, and vice versa.

Great Eastern ElderShield Comprehensive Claim Condition

  • Unable to perform 2 out of 6 activities of daily living

Great Eastern ElderShield Comprehensive offer lifetime coverage. There is a 90 deferment period in which the benefit will be paid out 90 days after the disability. The premium can be paid by cash or MediSave (up to $600/year). The insurance premium is waived in the event of a claim.

Great Eastern ElderShield Comprehensive

Image is taken from greateasternlife.com

Pros of Great Eastern ElderShield Comprehensive

  1. The benefit payout is on top of the basic ElderShield
  2. Limited payment term till age 80

Cons of Great Eastern ElderShield Comprehensive

  1. Lower coverage with the same premium compared to other insurer’s ElderShield enhancement that provides coverage for 2 out of 6 activities of daily living

To find out more about the Pros & Cons of Great Eastern ElderShield Comprehensive.

To evaluate if Great Eastern ElderShield Comprehensive is suitable for your needs.

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Besides Great Eastern ElderShield Comprehensive, you may also want to read about a similar ElderShield upgrade from Aviva here

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