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Can I opt-out from CareShield Life?

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Please select the age group you belong to. 

You selected: I am a Singapore Citizen or Permanent Resident born in 1980 or later

If you are a Singapore Citizen or Permanent Resident born in 1980 or later, CareShield Life will be universal and mandatory for you. You will not be able to opt out. 

CareShield Life is a long-term care insurance which provides financial protection against long-term care costs of Singaporeans in the event of severe disability. CareShield Life will provide you with better protection and assurance for basic long-term care needs with:

  1. 1. Lifetime cash payouts, for as long as the insured is unable to do three or more Activities of Daily Living (ADLs);  
  2. 2. Increasing monthly payouts, starting at $600/month in 2020 and increases annually until age 67 or when a successful claim is made, whichever is earlier; 
  3. 3. Government subsidies to make it affordable, with no one losing coverage if they cannot pay premiums;
  4. 4. Premiums can be fully paid by MediSave.

You selected: I am a Singapore Citizen or Permanent Resident born in 1979 or earlier

If you are a Singapore Citizen or Permanent Resident born between 1970 and 1979, you have been automatically enrolled in CareShield Life from 1 December 2021, if you were covered under the ElderShield 400 scheme and have not developed severe disability at the point of auto-enrolment. You can opt out of CareShield Life by 31 December 2023 if you do not wish to join the scheme. 

To opt-out of CareShield Life, you may access the Opt-out of CareShield Life e-Service and log in using Singpass to complete the application by 31 December 2023 if you were auto-enrolled in 2021. Your ElderShield will be automatically reinstated, subject to successful collection of ElderShield premiums (if any). You will not be able to opt-out from CareShield Life after 31 December 2023.

If you were not auto-enrolled and had chosen to join CareShield Life, you may opt-out of CareShield Life by accessing the Opt-out of CareShield Life e-Service. Log in using your Singpass to complete the application Please complete the application within the 60 days free-look period from your CareShield Life cover commencement date. If you were covered under ElderShield prior to your joining of CareShield Life, your ElderShield will be automatically reinstated after you have opted-out of CareShield Life, subject to successful collection of ElderShield premiums (if any).

You will not be able to opt-out from CareShield Life after the 60 days free-look period.

If you are a foreigner who become a Singapore Citizen or a Permanent Resident from 1 October 2020 onwards, is born in 1979 or earlier and have not developed severe disability, CareShield Life will be mandatory for you.

This information provided here is sourced from the MOH website.


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