ElderShield is a long-term care insurance scheme targeted at severe disability, especially in old age. ElderShield provides monthly payouts of $300 or $400 per month, for up to 72 months. Your plan's benefits depend on when you joined ElderShield.
Table 1: Payouts for ElderShield
| If you joined ElderShield from September 2007 (inclusive) | If you joined ElderShield between September 2002 and August 2007 |
| ElderShield 400 | ElderShield 300 |
| Payout Amount | $400/month | $300/month |
| Payout Duration | Up to 72 months (six years) | Up to 60 months (five years) |
If you are also covered under ElderShield Supplements, you will receive additional benefits.
