Long
Term GoldenCare Deferred Annuity
Just because you’ve stopped earning after retirement doesn’t
mean you should give up the standard of living you’ve become
used to. Plan for a continuous stream of income to sustain you through
the years with Great Eastern Life’s Long Term GoldenCare Deferred
Annuity – the first and only plan that increases your annuity
benefit should you require long-term care.
If you are between 55 to 61 years old, you can plan ahead by
using your CPF or cash to purchase this plan. Your monthly annuity
benefits will begin to be paid to you once you reach retirement
age.
For this initial lump-sum investment, you’ll get an income
for as long as you live, with total returns guaranteed to exceed
the capital invested. Should you require long-term care because
you’re unable to perform at least 2 out of 6 activities
of daily living (bathing, dressing, feeding, continence, mobility,
transferring), your benefits will increase and you’ll receive
a one-time initial benefit of 300% of your monthly annuity benefit.
