Your CareShield Life payouts will increase by 2%* each year, at $649/month in 2024 and will stop increasing when you make a successful claim or turn 67 (whichever is earlier).

For example, if a policyholder starts claiming from CareShield Life in 2024 when he/she is 67 and below, the policyholder will receive $649 per month for as long as he/she has severe disability.

*The payouts will increase at 2% each year until 2025 where it will be reviewed further. 

This information is sourced from MOH