A successful CareShield Life claimant can receive payouts for the entire duration of severe disability (i.e. for as long as he/she remains severely disabled) and continues to be insured under CareShield Life. This is meant to provide better protection against the uncertainty of long-term care costs.

The potential payout starts at $600 per month in 2020, which increases annually until age 67 or when a successful claim is made, whichever is earlier.

For example, if a 30-year-old individual joined CareShield Life in 2020, is severely disabled and makes a claim in 2020, he/she can potentially receive $600 per month, for the entire duration of severe disability. However, if a 30-year-old individual joined CareShield Life in 2020, and becomes severely disabled at age 67 or later, he/she can potentially receive $1,200 per month upon making a successful claim, for the entire duration of severe disability.