ElderShield provides lifetime coverage to its insureds. You will be covered under ElderShield once you start paying your premiums. Coverage continues for the rest of your life upon completion of all premium payments under the Regular Premium Plan or a lump sum premium under the Single Premium Plan. You can submit a claim if you develop severe disability, so long as your total claims have not exceeded 60 months (for ElderShield 300) or 72 months (for ElderShield 400).