Anyone opt out of Eldershield..another PAP tactic to wipe out your Medisave

[potter]

Can share what is the Great eastern email address to send to terminate? i intend to terminate my Dependant protection scheme too...

http://www.greateasternlife.com/sg/en/index.jsp

http://www.moh.gov.sg/content/moh_web/home/costs_and_financing/schemes_subsidies/ElderShield.html

 

[ginfreely]

Why opt out? It's paid by your Medisave. You don't need it now, but when you are in your 60-70s, you think you can be as agile as now?

Hard to claim? Who says? You probably don't know you can upgrade to inability to perform 2 daily activities then can claim already. You can get up to $1,500/month for lifetime without using any cash to upgrade.

Do the maths. You just need to claim for 1 year, you'd breakeven. Anything more than that you'd gain.

Eldershield is a good scheme but is insufficient. I upgraded mine with Avia, paid more using CPF and around $100 cash.

If I kanna Disable, monthly payment is S$2000 till I mati.

Can share how much is the yearly premium to be able to claim $1500 or $2000 per month for life?

 

[ginfreely]

http://www.greateasternlife.com/sg/en/index.jsp

You mean need to login?

 

[potter]

You mean need to login?

Got Hotline there. Think carefully b4 u opt out e scheme.

E eldershieldxxx like petrol grade..lol.

 

[ginfreely]

Got Hotline there. Think carefully b4 u opt out e scheme.

Ok thank you.

 

[potter]

Ok thank you.

Np. If u think 30k is small, then x 2.56. :p

 

[GOD IS MY DOG]

the premiums paid yearly to age 65............so if older than that, no need to pay still got coverage ?

 

[potter]

the premiums paid yearly to age 65............so if older than that, no need to pay still got coverage ?

http://www.moh.gov.sg/content/moh_w...ng/schemes_subsidies/Medishield/Premiums.html

U may check w their website for more info.

 

[eErotica69]

Can share how much is the yearly premium to be able to claim $1500 or $2000 per month for life?

I only remember I pay $100 plus in cash. The rest use Max CPF.

Chech this out. http://www.aviva.com.sg/life-and-health/for-individuals/disability.html#elderShield-and-mycare

 

[GOD IS MY DOG]

I only remember I pay $100 plus in cash. The rest use Max CPF.

Chech this out. http://www.aviva.com.sg/life-and-health/for-individuals/disability.html#elderShield-and-mycare

what is MAX CPF?

premiums must be damn expensive for 1.5k a month for life...........

I thought they give 400 for 72 mths ?

 

[ginfreely]

I only remember I pay $100 plus in cash. The rest use Max CPF.

Chech this out. http://www.aviva.com.sg/life-and-health/for-individuals/disability.html#elderShield-and-mycare

Thanks for the link, roughly checked the premiums from there, the premium very expensive and much higher for female vs male...

 

[Rushwind]

Can share what is the Great eastern email address to send to terminate? i intend to terminate my Dependant protection scheme too...

Hi

I emailed my letter to opt out to [email protected] with the email subject as Request to opt out of Eldershield.

 

[eErotica69]

what is MAX CPF?

premiums must be damn expensive for 1.5k a month for life...........

I thought they give 400 for 72 mths ?

I just checked. Max is S$600 CPF. So premium per year is $700 plus.

 

[rushifa666]

sure or not..........a lot of people here say not worth leh........

terrible scam . put your money elsewhere. the retard is confusing rejecting a ponzi scheme and totally rejecting coverage

 

[DollarsNoSense]

whatever the decision, the reality is that the policy will change… or new clauses added as time goes by. I think the best thing to do, if you are still not sure, is to go to CPF Board, sit down with an officer and ask him/her everything you need to know.

 

[ginfreely]

Hi

I emailed my letter to opt out to [email protected] with the email subject as Request to opt out of Eldershield.

Thanks for the email.

 

[ginfreely]

I just checked. Max is S$600 CPF. So premium per year is $700 plus.

these are the premium rates for anyone interested to find out the premium amount and also the brochures below...

http://www.aviva.com.sg/pdf/MyCare_Premium_Table_Booklet.pdf
http://www.aviva.com.sg/pdf/MyCarePlus_Premium_Table_Booklet.pdf

http://www.aviva.com.sg/pdf/mycare_brochure.pdf
http://www.aviva.com.sg/pdf/mycareplus_brochure.pdf

 

[tonychat]

Who cares? Only morons can't tell that it is a rip you off scheme

Just opt out and you be fine. See how those PAP losers come in to defend their well thought out plan to rip you off.

That sinkie low life even give you an example to buy and paid more for it to lower your guard against it. Such an amateur way of brainwashing others. Why PAP recruit incompetent shit to work for them.

This is the example:

Eldershield is a good scheme but is insufficient. I upgraded mine with Avia, paid more using CPF and around $100 cash.

If I kanna Disable, monthly payment is S$2000 till I mati.

 

[potter]

U can wait till sg gov give u free med care. WaitLongLong
u maybe wounded by 1st med opns.
More than tat, u can start to sell yr assets..

 

[Froggy]

Opted out since day 1. Already bought my "$8 heart-bypass" type of insurance with AIA no need this anymore.