Glossary beginning with E

Insurance Glossary

ElderShieldsearch for term
  • ElderShield is a national severe disability insurance scheme that provides insurance coverage to Singaporeans who require long-term care. From age 40 years and beyond, it provides basic financial protection and helps defray out-of-pocket expenses in the event of you suffering from severe disabilities.
Endowment Policysearch for term
  • Provides a combination of protection and savings.
  • Covers you for a set period of time.
  • Pays a maturity benefit at the end of the period, or a death benefit if death takes place during the set period of time or you become totally and permanently disabled.