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The Government is introducing CareShield Life, a national long-term care insurance scheme designed to provide basic protection against long-term care costs, from 2020. Click the following links to find out more about CareShield Life features and how the Government will ensure that CareShield Life premiums are affordable for you.
Find out how CPF CareShield Life provides basic protection and assurance for your long-term care needs. Scheduled Maintenance: CPF digital services will not be available on 3 Nov 2024, from 12am to 8am.
CareShield Life is intended to be a universal long-term care insurance scheme and part of Singapore’s social safety net for Singapore Citizens and Permanent Residents. Those who renounce their Singapore Citizenship or Permanent Resident status will lose their CareShield Life cover.
CareShield Life is a long-term care insurance scheme that provides basic financial support should an insured develop severe disability, especially during old age, and need personal and medical care for a prolonged duration (i.e. long-term care).
5 days ago · Singaporeans born in 1980 or later: You are automatically covered under CareShield Life from 1 October 2020, or when you turn 30, whichever is later. You will receive a letter about 2 months before your 30th birthday, and your personalised CareShield Life premiums will be made available closer to your 30th birthday here.
Learn about CareShield Life premiums, as well as the subsidies and support available. Scheduled Maintenance: CPF digital services will not be available on 3 Nov 2024, from 12am to 8am. A Singapore Government Agency Website
CareShield Life is a long-term care insurance which provides financial protection against long-term care costs of Singaporeans in the event of severe disability. CareShield Life will provide you with better protection and assurance for basic long-term care needs with: 1.
1. Base Premium. All Singaporeans born in 1979 or earlier and who join CareShield Life will pay a base premium. Base premiums are paid from the age you join until age 67 (inclusive of the year you turn age 67), or for a period of 10 years for those who join CareShield Life at age 59 or older from 6 November 2021 onwards.
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.
Jun 19, 2024 · If you are a Singapore Citizen or Permanent Resident born in 1980 or later, you will automatically join CareShield Life on 1 October 2020 or when you turn 30, even if you have any pre-existing conditions or disabilities.
