Parents of special needs children now able to futureproof their long-term financial needs through SNTC collaboration with Great Eastern

Excerpts from SNTC’s joint news release with Great Eastern:

Parents of special needs children can now multiply their financial provisions for them well into the future, through a partnership between SNTC and Great Eastern.

Amounts which parents put into a trust arrangement with SNTC for their special needs child can be augmented through Great Eastern Cares Term Plan, developed as a response to the needs of this community, as part of the insurer’s mission of helping to improve lives through financial inclusion. This plan makes affordable insurance coverage accessible to parents of SNTC beneficiaries so they can provide better for the cost of long-term care for their special needs children in future.

Parents who open a trust account with SNTC for their child, can choose to purchase the Great Eastern Cares Term Plan. Through the trust, they can ensure their children receive the gifts willed to them according to their wishes, such as insurance policies, CPF savings nominated and others. Proceeds from these can then help finance their needs in their lifetime after the parent’s demise.

Learn more from the Joint News Release on our website.

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