CareShield Life is intended to be a universal long-term care insurance scheme and part of Singapore’s social safety net for Singapore Citizens and Permanent Residents. Those who renounce their Singapore Citizenship or Permanent Resident status will lose their CareShield Life cover.

This approach differs from ElderShield scheme as ElderShield is not a universal scheme, and there is no Government support provided in the form of premium subsidies and incentives.

This information is sourced from MOH