CareShield Life is a national long-term care insurance scheme administered by the Singapore government, providing lifetime monthly payouts upon severe disability with age-based premium adjustments.
Clients can enhance this foundational coverage by purchasing a CareShield Life Supplement from private insurers, which offers higher or customised benefits, earlier disability definitions, and additional support options.
Together, CareShield Life and its Supplement provide a more comprehensive and flexible safety net for long-term care needs.
GoalsMapper automatically manages CareShield Life projections and calculations to ensure accuracy in financial planning.
Careshield Life Basic
Refer to https://support.goalsmapper.com/hc/en-us/articles/52533809424537-CareShield-Life-Basic
Careshield Life Supplement Plan
Refer to https://support.goalsmapper.com/hc/en-us/articles/52534604531865-CareShield-Life-Supplement-Plan