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Supplements are plans which complement your basic CareShield Life or ElderShield plan by offering additional benefits, such as higher monthly payout amounts, which enhance your coverage. You need to be an existing policyholder under ElderShield or CareShield Life to purchase Supplement plans.
es) for which there was a previous claim. Note (4): For GREAT CareShield Enhanced, if Life Assured suffers from an inability to perform 2 ADLs, policyholder will receive 50% of the monthly benefit. If Life Assured suffers from an inability to perform at least 3 ADLs, policyholder will receive 100% of monthly benefit. For GREAT CareShield Advantage, if Life Assured suffers from an inability to ...
Jun 13, 2023 · CareShield Life helps you with long-term care costs related to disability. To increase your disability protection and payouts, you can upgrade your CareShield Life with supplements from these three private insurers: Great Eastern Life, Singlife and NTUC Income.
You will need to have a basic CareShield Life (CSHL) or ElderShield (ESH) policy before purchasing Singlife CareShield Standard or Singlife CareShield Plus (“Supplements”). Supplements purchased by CSHL policyholders are regulated under the CareShield Life and Long-term Care Act.
Dec 11, 2020 · CareShield Life supplements from private insurers can increase your monthly payouts, and there are currently 3 providers: NTUC Income, Aviva and Great Eastern. Here’s what’s available at the moment.
Jun 26, 2024 · Members insured under CareShield Life and ElderShield can consider purchasing Supplements from private insurers to have additional benefits such as higher payouts or coverage for less severe disability. There are no restrictions on the number of supplement policies one can be covered.
May 6, 2021 · These CareShield Life supplements help to close the gap by providing coverage from 2 ADLs and above, offering monthly payouts (yes, also for life) and other payments that can help your caregivers and even your dependants.
The premium of CareShield Life Supplement can be paid by cash or by using the insured’s own or the insured’s family member’s (e.g. spouse, parents or children, sibling or grandchild) MediSave, up to a limit of S$600 per year.
Jan 19, 2021 · Like its hospitalisation insurance cousin, MediShield Life, supplements to CareShield Life can be bought from private insurers to provide enhanced benefits. Here’s what you need to know about buying CareShield Life supplement plan and what are the additional benefits you can receive.
GREAT CareShield | MediSave-Approved CareShield Life Supplement. All it takes is one. Get up to a lifetime of disability payouts. 20% off premiums throughout your coverage. Recovering from disability takes time, and it comes with long-term medical and caregiving expenses.
