From 1 Oct onwards, CareShield Life will be launched and made compulsory for all Singapore residents born between 1980 to 1990. It is a national long-term care insurance scheme that provides basic financial support should Singaporeans become severely disabled. Despite his refusal to accept how old he is, he cannot escape the fact that he falls within this age band. Therefore, he will automatically be included and start paying for its premiums. Since he belongs to the affected group, he had a quick chat with his insurance agent to comprehensively understand how CareShield Life will affect his insurance coverage.


CareShield Life is the latest iteration of ElderShield. It provides a payout upon the diagnosis of severe disability. Severe disability is defined as being unable to perform 3 out of the 6 activities of daily living (‘ADL’) as shown in Diagram 1.

Diagram 1: The 6 Activities of Daily Living (Source: Ministry of Health)