Search results
CareShield Life premiums are pre-funded, with premiums paid during your working years, and risk-pooled within your generation to cover your generation’s current and future claims. Covered for life. Premiums are paid from the age you join until age 67, but you remain covered for life. Premiums are waived once you make a successful claim.
Check My Premium. Use this e-Service to check your CareShield Life premiums. Change Premium Payer. Use this e-Service to start premium payment for your own and/or your family member (s)’ CareShield Life/ElderShield premiums.
There are 2 key premium features: 1. ElderShield premiums are fully payable by MediSave. You may use your own MediSave to pay your premiums. Family members (i.e. spouse, parents, children, siblings or grandchildren) can also use their MediSave to help you pay your premiums on your behalf.
How much are your CareShield Life premiums? CareShield Life premiums are pre-funded, with premiums paid during your working years and risk-pooled within your generation to cover your generation's current and future claims.
Enhance your CareShield Life or ElderShield coverage with Singlife CareShield Standard or Plus to enjoy 20% lifetime premium discount! Terms and Conditions apply. Find out more
CareShield Life premiums start from $206 for men and $253 for women and you can expect your premium to increase by 2% every year until you turn 67 years old. Given that you can pay for your premiums using MediSave, it makes it pretty affordable.
Aug 28, 2020 · Premium Calculator. Complete the form to estimate your CareShield Life premiums before and after any Government subsidies or incentives. 1. What is your birth year?2. 2. Are you. Female. Male. 3. Citizenship Type. Singapore Citizen. Permanent Resident. 4. What is your monthly per capita household income (PCHI)? Unsure how to calculate your PCHI?
How CareShield Life works. It’s important to plan early for our future long-term care needs, but it’s difficult as the costs of long-term care is uncertain. CareShield Life pools our risks together and ensures protection against potentially catastrophic long-term care costs, providing peace of mind. Eligibility.
Sep 22, 2020 · CareShield Life premiums are payable annually, and it will be automatically deducted from your MediSave Account within 1 month from your policy anniversary. You can use the CareShield Life Premium Checker to check how much exactly are your premiums.
CareShield Life is a long-term care insurance scheme launched on 1 October 2020 which provides basic financial protection should an individual become severely disabled, especially during old age, and need care for a prolonged duration.
