Supplementary Upgrades For Our National Scheme -Careshield Life

What does Careshield Life covers?

Careshield Life was launched on 1 October 2020 as an extension of the existing ElderShield scheme. CareShield Life provides basic long-term medical insurance for persons who cannot perform at least three of six Activities of Daily Living (ADLs) on their own. These include washing, feeding, dressing, walking around, using the washroom, and transferring between a bed to an upright chair. If you are a Singapore citizen or Permanent Resident (PR) who meets these conditions, you will be eligible to claim monthly payouts under CareShield Life.

What are Careshield Life Supplements?

CareShield Life Supplements are add-ons that can help to cover costs that go beyond the scope of the basic CareShield Life plan. CareShield Life Supplements provide higher monthly payouts which can help to relieve higher medical costs. The premiums can also be deducted using Medisave up to $600 per year.

Why upgrade your Careshield Life?

In line with the government’s stance that there should be no free lunch, CareShield Life’s benefits are extremely basic. $600 a month doesn’t go very far for someone who is severely disabled, needs a caregiver and in all likelihood cannot work.