There is a ton of information out there on Careshield Life but if you are looking for a simplified version, something more layman, this post is for you. Careshield life is a form of LONG TERM CARE insurance. It pays you CASH benefits on a monthly basis if successfully claimed
Do you also have these questions on this topic?
Questions 1: Is Careshield Life similar to Total permanent disability (TPD) or critical illness insurance?
Question 2: My IP plan covers outpatient care, do I still benefit from Careshield Life?
These answers will be a lot clearer once you understand the causes for claims Number 1 cause of claims for long term care (like careshield life) is STROKE About 1/3 of long term care claims (source from AVIVA) are from stroke patients. Stroke is a very common condition and the following part can help you answers some questions above. Stroke can