CareShield Life to replace ElderShield from 2020: What you need to know

Singaporeans and permanent residents aged 40 years and younger in 2020 need to pay annual premiums using Medisave from the ages of 30 to 67 under the CareShield Life scheme.
Singaporeans and permanent residents aged 40 years and younger in 2020 need to pay annual premiums using Medisave from the ages of 30 to 67 under the CareShield Life scheme.ST PHOTO: JAMIE KOH

SINGAPORE - The Ministry of Health is rolling out a new disability insurance scheme, CareShield Life, to replace the existing ElderShield, for younger people.

Here are the key features.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content