ElderShield Supplement
If you are 40 and above then you most likely already have an ElderShield insurance plan. The ElderShield scheme is designed to offer basic insurance protection for people who become severely disabled. Depending on when you turned 40 you may be in a plan that provides $300 per month for a period of 60 months or $400 per month for a period of 72 months, should you become severely disabled. However, you may find you want higher coverage for a longer period.
What is ElderShield Supplement- Aviva MyCare?
MyCare from Aviva converts the basic ElderShield cover into lifetime cover with higher benefits and level premiums. The basic ElderShield cover provides $400 a month up to 6 years to severely disabled policyholders, and MyCare can help enhance this.

Source: Aviva Ltd
You can add MyCare to your basic ElderShield cover, supplementing you with higher benefits, regardless of your original ElderShield insurer. MyCare benefits remain in force even after the maximum ElderShield benefits are paid. Diagram above illustrate how Mycare can enhance our basic ElderShield Coverage.
Why should you opt for MyCare now?
Premiums are based on age at entry, so starting early saves you money. In addition, MyCare allows you to stop paying premiums at the age of 67 next birthday (subject to a minimum of 20 years), without giving up the right to file a claim in the event of disability. Moreover, premiums are waived during benefit payouts.
How do you make payments?
Payment is hassle-free as you can use Medisave funds up to $600 per year per life assured. You also have the flexibility to use the Medisave of your spouse, children, parents or grandchildren.
Are there additional benefits?
Some additional benefits that could meet your needs are:
- Benefit amount as high as $2,000 per month (inclusive of basic ElderShield benefit)
- Choice of benefit payout duration - Lifetime or 12 years
- Tax-free cash payouts
- 24 hours worldwide coverage
- Guaranteed renewable

Source: Aviva Ltd
Contact dollarDEX for more information and to plan your financial needs.
The information above is only a brief overview of the benefits of ElderShield and MyCare, and not a contract of insurance. The detailed terms and conditions of this plan are provided in the relevant policy contract. dollarDEX is affiliated with Aviva but dollarDEX does not receive any preferential rates for Aviva products as a result of this relationship.
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Page last updated 17 Mar 2009