Why not allow insureds to choose from different plans depending on their ability to pay?
CareShield Life is intended to provide better protection for basic long-term care needs, when payouts are taken together with other long-term care financing sources.
If insureds wish to have additional coverage beyond what CareShield Life provides, they can consider purchasing Supplements from private insurers.
Related questions
May I upgrade CareShield Life to get better coverage?
Can there be lump sum payouts / death benefits / “No-claim Bonus” to incentivise healthy living / 2 ADL criteria for CareShield Life?
How do the CareShield Life premiums and payouts compare against Supplements and other private long-term care insurance plans?
CareShield Life is still targeted at those with severe disability . Why was this retained?
Need more help?
Get in touch