Insurance
A Comparison of Private CareShield Life Insurance Supplements
By Singapore's Budget Babe  •  May 30, 2021
Which CareShield Life supplement should I buy? Among the 3 insurers (Aviva, Great Eastern and NTUC Income), who has the lowest premiums? Lots of folks (myself included) have been tempted to go for Aviva because they are currently offering an attractive 20% perpetual (lifetime!!) discount off total premiums, but I couldn't help but wonder...could it be because Aviva's total premiums are higher than the other 2 insurers in the first place? CareShield Life is still fairly new, so there has been some confusion over the supplementary plans offered by private insurers in the market as well. In this article, I delve into a deep comparison of the benefits vs. premiums payable across all 3 insurers, so you can make your own informed decision on which plan you feel will suit you better. The Ministry of Health has provided a generic comparison table among the 3 CareShield Life supplements here, which Seedly has also used for their guide here....
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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