How does the new CareShield Life benefit you?
The Government has accepted the recommendations of the ElderShield Review Committee to enhance the ElderShield scheme into the new “CareShield Life” scheme.
CareShield Life will feature higher payouts that increase over time with no cap on payout duration, to provide better protection against the uncertainty of long-term care costs if you become severely disabled. To find out more about CareShield Life, you can download the key recommendations of the Committee and full report here.
You may also view the following video for a brief introduction of CareShield Life features.