10 questions
CareShield Life Benefits
What will be the rate of premium and payout increment for CareShield Life?
How was the starting payout of $600 per month for CareShield Life decided?
Why do CareShield Life payouts stop increasing once insureds stop paying premiums e.g. when they make a claim or turn 67?
As a pensioner, can I receive any special benefits under CareShield Life?
CareShield Life is still targeted at those with severe disability i.e. unable to perform three or more Activities of Daily Living. Why was this retained?
Why not allow insureds to choose from different CareShield Life plans depending on their ability to pay?
Why can’t CareShield Life automatically reimburse long-term care costs like MediShield Life does for hospital bills?
Can there be lump sum payouts/death benefits/“No-claim Bonus” to incentivise healthy living/two Activities of Daily Living (ADLs) criteria for CareShield Life?
Will my CareShield Life be terminated if I am no longer a Singapore Citizen or Permanent Resident?
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