CareShield Life

Older CareShield Life policyholders could enjoy lower premiums as criteria tightens from 2026

From 2026, those born in 1979 or earlier who have mild and moderate disabilities will no longer be allowed to opt in to CareShield Life.

CareShield Life not meant to cover entire cost of long-term care: Experts

From 2026, the process and assessment of related long-term care grant schemes will be streamlined.

Disability insurance schemes, grants help siblings caring for sick elderly parents

Mr Alvin Yap (from right) stays with his father Mr Ron Yap, and mother Mdm Cecilia Wong. His sister, Ms Kimberly Yap, also visits everyday to care for their parents. The family receives $1,800 of financial aid from the government each month, which helps in the management of the long-term care costs.

ST Explains: How will the 2026 CareShield Life changes affect me?

There are more than 1.9 million CareShield Life policyholders in Singapore

CareShield Life to offer higher payouts from 2026; $570m in subsidies to offset premium increases

The payout growth rate will rise from the current 2 per cent per annum to 4 per cent a year from 2026 to 2030.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.