With the recent passing of the bill for Careshield Life in parliament, I have been receiving some questions regarding CareShield Life. So I decided to do up a 2-part series to highlight the key points about CareShield Life and how it will affect Singaporeans and PRs.
If you are turning 30-40 next year 2020, this article is for you as you will be the first batch who will be affected. (Do stay tuned for part 2 of the series meant for those aged 40 and above, coming soon! ;)
Come 2020, all Singaporeans and PRs turning 30-40 will be automatically enrolled in CareShield Life and participation is compulsory.
What exactly is CareShield Life?CareShield Life is a national long-term care insurance scheme to help Singaporeans and PRs cope with the costs of severe disability care.
What is long term care and why is it important to me?According
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