Singlife CareShield Standard and Plus

Two government-approved supplement plans that boost your CareShield Life or ElderShield payouts so that you can get the care you need during unexpected events in life.


Image

Key Features & Benefits

 
 



Footnotes

All ages mentioned refer to age next birthday (ANB).

* Activities of Daily Living (ADLs) refer to washing, toileting, feeding, dressing, transferring around and walking or moving around.

1. You are unable to perform at least two (for Singlife CareShield Plus) or three (for Singlife CareShield Standard) of the six Activities of Daily Living (ADLs).

2. Add-on Benefit payouts start when you're unable to perform 2 ADLs for Singlife CareShield Standard and 1 ADL for Singlife CareShield Plus.

3. There are two ways to pay for a limited time; the later of the two options will apply. The two ways are:

a) The Life Assured may pay up to the policy anniversary after they turn 68
b) The Life Assured may pay for 20 years from entry age (if Life Assured joins at age 49 or older)

4. MediSave use is applicable to an amount of up to S$600, per calendar year, per life assured. Premiums exceeding this limit will have to be paid in cash. If there are insufficient funds in the designated MediSave account, cash payment will be required for the difference.

5. The monthly benefit refers to the monthly payout when the Life Assured suffers from a Severe Disability, as defined in the plan.

6. The Life Assured may receive an additional 20% of their monthly benefit - for up to 36 months - while they're receiving their monthly benefit or rehabilitation benefit.

7. The Life Assured may receive an additional 60% of their monthly benefit - for up to 12 months - while they're receiving their monthly benefit or rehabilitation benefit.

8. A lump sum benefit will be payable if the Life Assured dies due to any accident or sickness while receiving either the Severe Disability Benefit or the Rehabilitation Benefit. The Death Benefit will amount to 3 times of the last paid Severe Disability Benefit or the Rehabilitation Benefit, whichever is applicable.

9. The policyholder may exercise this option, without providing further evidence of insurability at any of the following life stage events, when the Life Assured:

a) purchases a property;
b) marries, divorces or is widowed;
c) becomes a parent by having a newborn child or by adopting a child below 19 years old
d) salary increases by 50% or more from application;
e) completes a skills development course of at least six months;
f) purchases a new individual life insurance policy or a Supplementary Benefit from us, with full underwriting at standard terms; or
g) spouse suffers a Severe Disability (with the inability to perform at least three of the six ADLs) or dies.

This option allows the policyholder to increase the policy's monthly benefit with extra premium payable. The total monthly benefit that can be increased under this option is limited to 50% of the policy’s initial monthly benefit, as agreed at policy inception or at the date this option is exercised – whichever is lower. This option is extended to standard life only. Please refer to the Product Summary for more details.

Receive the Care You Need During Unexpected Events in Life

Both plans offer enhanced support for severe disabilities in addition to the existing government schemes, so you can have better assurance for you and your loved ones.

Buy Now

Buy Singlife CareShield Standard/Plus


Need Advice?

Meet Your #ChooseIndependent
Financial Adviser Representative


HADI WIJAYA

SENIOR FINANCIAL SERVICES MANAGER

About HADI WIJAYA

My mission is to serve and help people to grow their money in a sustainable and realistic way through carefully selected stocks/ETFs, tailor-made using a proprietary system, combining the power of Fundamental Analysis and unconventional Technical Analysis. High hurdle rate is applied to ensure clients receive first, before giving any remuneration to me (give first, take later approach). People who typically approach me are those tired and disappointed at poor performance of Unit-Trust due to its upfront high cost and the fact that clients were still charged despite losing money. My principle is that it is only right to charge clients after they make relatively high percentage of return.

I love to work together with friends from all walks of life, particularly:

  • Those who appreciate the risk-adjusted return concept, aiming 7-8% per annum portfolio performance over 3-5 years (extra percentage will be a bonus)
  • Professionals such as doctors, lawyers, or software engineers who are busy doing things that they love and are great at
  • Those who regard me as their partner in driving them safely towards their life goals
  • Retirees who are looking for better cashflow/passive income without taking extra risk

Feel free to speak to me or Whatsapp me at +65 80641990. I would love to hear your aspirations in life!