There are so many private disability insurance products. When should I buy Supplements?
If you are insured on CareShield Life/ElderShield, you may consider whether the benefits of the current CareShield Life/ElderShield scheme suits your long-term care preferences. If you wish to have additional coverage or benefits on top of the CareShield Life/ElderShield scheme, you may consider purchasing a Supplement plan.
You may refer to careshieldlife.gov.sg (under “Supplements”) for a comparison of Supplement plans offered by private insurers (Aviva, Great Eastern, or NTUC Income). More information about CareShield Life Supplements after the launch of CareShield Life on 1 October 2020.
You may also wish to speak to a financial advisor from one of the private insurers who can share more about their Supplement plans and their implications.
Related questions
How do the CareShield Life premiums and payouts compare against Supplements and other private long-term care insurance plans?
If I am not covered by ElderShield but want to be, how can I receive coverage?
There are so many private disability insurance products. Where can I seek advice on which to buy?
What should I consider before buying a CareShield Life/ElderShield Supplement plan?
