Currently, CareShield Life/ElderShield claimants are contractually required to wait for 90 days from the date of the assessment before receiving the first CareShield Life/ElderShield payout, a typical insurance practice known as the “deferment period”. This is intended to ensure that the severe disability is of a long-term nature before payouts are provided. The Government waives the deferment period for most cases, and selectively impose it where disability statuses are less clear-cut. This practice allows most claimants who develop permanent severe disability to receive their monthly payouts expeditiously, while still ensuring the sustainability of the scheme.

This information is sourced from MOH