CareShield Life is a long-term care insurance scheme that provides basic financial support in the event of disability. However, just how sufficient is its coverage? Read on to find out why you should consider applying for a supplementary plan. With an ageing population, the Singapore government has implemented policies such as CareShield Life, a national long-term care insurance scheme to safeguard Singaporeans against the consequences of severe disability. From 6 November 2021 onwards, eligible Singaporeans and permanent residents born in 1979 or earlier, and are not severely disabled, can sign up for CareShield Life. For those born after 1979, this scheme is compulsory and you are signed up by default. How adequate is this scheme when it comes to dealing with the needs of Singaporeans? What are the supplementary options available? Read on as we delve into why you should consider applying for a CareShield Life supplementary plan....