Fast‑Food Fumbles & Life‑Insurance Shuffles
It’s that moment when your default “just enough” thought meets the upsell‑prayer: Is it worth a dollar more? After the last bite, you wonder if the feast truly fills the belly and Googles how much that extra cost hurts your early‑retirement dreams.
While the fast‑food dilemma seems trivial, the mindset behind it mirrors a bigger decision: Are you fully protected by your CareShield Life plan?
The Touchscreen Truth
Because we all face first‑world problems (like which burger is better), we’re gaining a foothold into a more serious life‑insurance conversation.
CareShield Life: The Baseline Clamp‑On
“Is the basic coverage from CareShield Life enough?”“Should you ‘upsize’ your CareShield Life coverage with supplements that can raise your payouts by up to five times?”“Which of the supplements from Aviva, Great Eastern or NTUC Income is best for you?”You’ve got questions, and we’ve got answers.
1. The Basic Plan – Is It Enough?
Bottom line: If you’re a young, single adult with minimal dependents, the baseline can be a solid safety net. However, if you’re a family early‑stage provider or a consumer with a high living cost, the basic might fall short.
2. Upsize – The “Quick‑Add‑On” Option
Why consider an upsell?1. Future workload increases.2. Parent with a child in school.3. Elevated health risks.
3. Choosing the Right Supplement
If you’re budget‑tight yet want a splash of extra cover, look at Add-on 1. If you’re aggressively prepping for retirement, Add-on 2 will belt in bigger payouts.
Emotion‑Rich FAQ
Final Word (With a Dash of Humor)
Fast‑food upsells prompt us to crunch numbers—exactly the skill we need to decide if your CareShield Life plan stretches far enough for life’s unexpected turns. Just as you might think about wet‑spooned fries or cheese‑pizza extra cheese, weigh the risk of living without a backup.
Remember: the CareShield Life plan offers a comfortable base. The upsell supplement is like a bonus topping—you get more flavors, but you need to decide whether the extra bite is worth the dollar.
TL;DR: CareShield Life supplements comparison: Aviva vs Great Eastern vs NTUC Income
CareShield Life Supplements – A Quick and Quirky Overview
Ready to dive into the world of care insurance supplements? Strap in and enjoy a breezy tour of the four standout options that come in handy when you need more than the core CareShield Life plan. Below we’ve broken things down in plain English, sprinkled with a touch of humor and a dash of emotional resonance. Let’s go!
Aviva
- Monthly Benefit: From $200 to $5,000 (incremented in $100 steps)
- Disability Payout: 100 % of the monthly benefit if you can’t manage at least two ADLs. If you’re struggling with just one, you still get 50 %.
- Premium Waiver: Future premiums are waived if you’re unable to perform at least one ADL.
- Lump‑Sum Bonus: A one‑off top‑off of 300 % of your monthly benefit when you hit the two‑ADL mark.
- Extra Caregiver Relief: An additional 60 % of the monthly benefit for up to 12 months if you’ve lost some independence.
- Dependent Bonus: 20 % extra for up to 36 months if you have a child under 22.
- Death Benefit: A generous 300 % boost on top of the monthly payout.
- Escalating Options: Choose fixed payouts or a steady 2 % annual increase until your term ends.
- Coverage Span: Lifetime monthly payouts if you remain severely disabled.
- Age Limits: You can get on board from 30 to 64 years old.
- Premium Styles: Up to age 98 OR whichever is later between age 67 or 20 years from entry.
- Discounts: Lifetime 20 % premium cut if you signed up after October 2020.
MyLongTermCare Plus
- Monthly Benefit: Ranges from $300 to $5,000 (in $100 increments).
- Disability Payout: You’ll receive 100 % of the monthly benefit if you’re unable to do at least two ADLs. One ADL? Still 100 %!
- Premium Waiver: All future premiums drop out when you’re hampered by one ADL.
- Lump‑Sum Bonus: 300 % of your first monthly benefit if you can’t manage at least one ADL.
- Extra Caregiver Relief: 60 % of the monthly benefit for up to 12 months if you’re down to two ADLs.
- Dependent Bonus: 30 % extra for up to 48 months if a child under 22 is part of the equation.
- Death Benefit: Om‑page: none.
- Escalating Options: None – fixed payouts only.
- Coverage Span: Lifetime monthly payouts as long as severe disability persists.
- Age Limits: Start at 30 up to 64.
- Premium Styles: Up to age 67 OR up to age 95. Your life, your rules.
- Discounts: No special discount period.
GE Great CareShield
- Monthly Benefit: From $1,200 to $5,000 (also $100 steps).
- Disability Payout: 100 % of the monthly benefit if you’re stuck at two ADLs. Same 100 % if you’re at one ADL.
- Premium Waiver: Future premiums vanish once you’re blocked by two ADLs.
- Lump‑Sum Bonus: 300 % of your first monthly benefit for two ADLs, and 600 % of the same for three ADLs.
- Extra Caregiver Relief: 60 % of the monthly benefit for up to 12 months when you’re down to two ADLs.
- Dependent Bonus: 25 % extra for up to 36 months if you have a child under 22.
- Death Benefit: 300 % extra on top of the monthly benefit.
- Escalating Options: None.
- Coverage Span: Lifetime monthly payouts as long as severe disability lives on.
- Age Limits: 30‑64 ages, same as other plans.
- Premium Styles: Up to age 67 OR up to age 84.
- Discounts: No extra deals.
NTUC Income Care Secure
- Monthly Benefit: Between $200 and $5,000, stepping in $100 increments.
- Disability Payout: 100 % of the monthly benefit once you are blocked by two ADLs.
- Premium Waiver: Future premiums are waived when you can’t do two ADLs.
- Lump‑Sum Bonus: 300 % of the first monthly benefit if you’re stifled by two ADLs.
- Extra Caregiver Relief: None to keep it simple.
- Dependent Bonus: 20 % extra for up to 36 months if a dependent under 22 is your child.
- Death Benefit: 300 % extra on top of monthly payouts.
- Escalating Options: None.
- Coverage Span: Lifetime monthly payouts, as long as severe disability persists.
- Age Limits: 30‑64 age bracket – the usual party size.
- Premium Styles: Up to age 67 OR up to age 95.
- Discounts: No discount period.
And that’s the lowdown! Each supplement comes with its own flavor of benefits, but all share a common goal: giving you peace of mind when surrounded by the daily grind of activities of daily living. When you’re ready to pick one, weigh which plan tickles your wallet and satisfies your family’s needs. After all, the right coverage lets you focus more on laughing with kids and less on worrying about “ADLs.” Happy planning!
What is CareShield Life?
CareShield Life: Your Lifeline When Life Goes Awry
Think of CareShield Life as the trusty heir to the old ElderShield, but with a sassy new twist: a lifetime cash payout when you hit the severe‑disability mark.
What Counts as “Severe Disability”?
- Only if you can’t tackle three of six essential daily tasks (think activities of daily living.)
- Assessment is done by a MOH-accredited expert—they’re the real deal, not the “I felt like it” kind of professional.
The Little‑Known Catch
Here’s the plot twist: if you present with just one or two disabilities—like losing the ability to walk or lean on your toes—you won’t receive the coveted payout. So, weigh your options carefully.
Bottom Line
CareShield Life is designed to provide a safety net, but it’s razor‑sharp about who gets a lifeline. Understand the rulebook, and you’ll be ready if the path gets rocky. Absolutely not a “one‑size‑fits‑all” safety net, but it’s still worth keeping in your insurance toolbox.
CareShield Life Activities of Daily Living (ADLs) criteria
Could you please share the full article (or the paragraph you’d like me to rewrite)? That way I can give you a polished, conversational version that’s ready to publish.
Steady‑Rise Insurance: The Low‑down (and Why You Might Want an Upgrade)
Getting the Numbers in Your Head
Picture this: you’re getting a monthly payout that starts at $600 in 2020. And just because we love a good steady climb, these payouts rise by 2% each year for the first five years—so that’s until 2025 or until you actually file a claim, whichever comes first.
What Happens After 2025?
- Future payouts are no longer locked in. They’ll wiggle with whatever regular adjustments the insurer decides.
- Think of it like an economy that grows in a more flexible way—no fixed “growth rate” at the end of the decade.
Paying the Premiums? No Problem.
- The entire premium can be slid right into your MediSave account.
- If the cost feels a bit steep, government subsidies are ready to help out.
Feel It’s Not Enough? There’s an Option.
- Looking for bigger dos and discounts? Check out CareShield Life supplements.
Key Takeaway
In short, the base policy gives you a guaranteed paycheck that gradually nudges up over the first five years, with possible further growth afterward. If that matches your peace of mind needs, great! If not, you might want to add a little extra safety blanket with a supplement.
Also Read: Insurance claims in Singapore: How they work & what you need to submit – a handy guide to the claim process to keep you fully prepared when the time comes.
What Are CareShield Life supplements? Is it worth it to Get The CareShield Life supplement?
Unlocking Extra Coverage with CareShield Life Supplements
Think of a CareShield Life supplement as the “plus‑size” version of the standard policy. It doesn’t replace the base coverage, but it adds extra muscle where you need it most—especially when the medical bills decide to take a weekend trip.
Why Pick a Supplement?
- Easy Claiming – Reduces the “three out of six ADLs” rule to just one. That means you’re more likely to get the help you actually need.
- Extra Payouts – Slashes the claim threshold and lets you potentially sit on a $5,000 monthly pot.
- It’s for Life – Once you’re in, you stay in. No “sunset policy” worries.
How the Numbers Break Down
Assuming you’re already on the basic CareShield Life plan, you’ll keep that sweet $600 a month payout. Then, for the supplement, you’ll line up another monthly check—ready to hit you wherever your medical claims go.
Premiums—What You Pay
- Use Cash—easy as pie.
- Roll in Medisave—yes, your or your family member’s Medisave (spouse, parents, kids, even great‑grandkids) is accepted, but only up to the $600‑per‑year limit for each insured.
- All premiums stay flat for the whole term of the policy—no surprise hikes as you age.
Boost or Stay Steady? Aviva’s Twist
- Aviva offers a payout‑growth option—your monthly sum climbs over time. It costs a little extra, but the idea is to keep you a bit richer as you get older.
- Even with that option, the premium remains steady. It’s a one‑time upgrade, not a lifetime cost increment.
Who’s Backing These Supplements?
- Aviva – The “growth” flavor.
- Additional Private Insurers – Three other firms are in the mix, each with their own flavor mix of payouts, premiums, and extra benefits.
In short: pull the supplement if you want a smoother, higher payout when life throws you a medical curveball, especially if you already have the basic CareShield Life policy. Keep the premiums low, use Medisave wisely, and enjoy the benefit of easier claims and hefty monthly checks—no matter how long you hold the policy.
CareShield Life supplements comparison: Aviva vs Great Eastern vs NTUC Income
Disability Insurance Showdown: Which Singapore Plan Wins the Heart?
When the unexpected knocks on your door, the right insurance can make all the difference in turning a tough setback into a manageable mess. Below is a friendly rundown of four popular policies—Aviva, MyLongTermCare Plus, GE Great CareShield, and NTUC Income Care Secure—highlighting their pros, quirks, and the sweet spots where they shine.
Aviva (The Classic Choice)
- Monthly Benefit Range: $200 – $5,000 (in $100 steps)
- What You Get: 100 % of your monthly benefit if you can’t manage at least two daily activities; 50 % if you’re struggling with one
- Premium Waiver: Future premiums are waived once you hit one ADL limitation
- One‑Off Lump Sum: 300 % of the first monthly benefit if you’re disabled in two ADLs; 600 % if the situation escalates to three
- Caregiver Support: 60 % of monthly benefit for up to 12 months when you’re limited in two ADLs. (The deal resets once you’re back on track!)
- Dependent Relief: 20 % extra monthly benefit for up to 36 months if you have a dependent under 22
- Extra Death Benefit: 300 % of the monthly benefit—so you’re covered if the worst should happen
- Escalating Payout Option: Choose a fixed increase of 2 % or 3 % per year—or stop when you claim
- Lifetime Pay‑Out: Continuous monthly payouts as long as you’re severely disabled
- Entry Age: 30–64
- Premium Period: Up to age 98, or until age 67 or 20 years from the start (whichever comes later)
- Discount: 20 % off for policies signed post‑October 2020, for life
MyLongTermCare Plus (The Two‑Step Upsell)
- Monthly Benefit Range: $300 – $5,000 (in $100 steps)
- What You Get: 100 % payout if you can’t handle two ADLs
- Premium Waiver: Future payments are forgiven if you struggle with two ADLs
- One‑Off Lump Sum: 300 % of the first monthly benefit when you’re limited in one ADL
- Caregiver Relief: No extra benefit—call this the “bare‑bones” version
- Dependent Relief: 30 % extra monthly benefit for up to 48 months with a child under 22
- Extra Death Benefit: None (you’ll have to rely on the core payment)
- Escalating Payout Option: Not available—stay fixed!
- Lifetime Pay‑Out: Continuous monthly payouts while severely disabled
- Entry Age: 30–64
- Premium Period: Up to age 67—or 20 years from entry, whichever comes first
- Discount: 20 % off for customers who join before Dec 31 2021
GE Great CareShield (The Dedicated Care Plan)
- Monthly Benefit Range: $1,200 – $5,000 (in $100 steps)
- What You Get: 100 % monthly benefit if you can’t do two ADLs
- Premium Waiver: Future premiums are waived when you’re limited in two ADLs
- One‑Off Lump Sum: 300 % of the first monthly benefit if you can’t handle two ADLs
- Caregiver Relief: 60 % extra monthly benefit for up to 12 months when you’re limited in two ADLs
- Dependent Relief: 25 % extra monthly benefit for up to 36 months with a dependent under 22
- Extra Death Benefit: 300 % of the monthly benefit—pretty solid
- Escalating Payout Option: No such option—stay flat!
- Lifetime Pay‑Out: Continuous monthly payouts as long as the disability remains severe
- Entry Age: 30–64
- Premium Period: Up to age 67 or 95 (whichever is later)
- Discount: No ongoing discount offered
NTUC Income Care Secure (The Safety Net)
- Monthly Benefit Range: $1,200 – $5,000 (in $100 steps)
- What You Get: 100 % monthly benefit if you’re limited in two ADLs
- Premium Waiver: Future premiums are waived when you’re stuck with two ADLs
- One‑Off Lump Sum: 300 % of the first monthly benefit when you can’t do two ADLs
- Caregiver Relief: None provided
- Dependent Relief: 25 % extra monthly benefit for up to 36 months if you keep a child under 22
- Extra Death Benefit: 300 % of the monthly benefit—so families stay protected
- Escalating Payout Option: Not available—keep it simple!
- Lifetime Pay‑Out: Continuous monthly payouts while you’re severely disabled
- Entry Age: 30–64
- Premium Period: Up to age 84 or 20 years from entry (whichever comes first)
- Discount: No discount scheme in place
Choosing the Right Fit
Each plan brings its own flavor: Aviva is flexible with optional escalations; MyLongTermCare Plus focuses on affordability; GE Great CareShield offers solid caregiver support; and NTUC Income Care Secure balances reliability with cost.
Think about:
- How many daily tasks you might struggle with
- How important the emergency lump sum is to you
- Whether extra support for caregivers or dependent children matters
- Potential sweeteners like immediate premium waivers and long‑term discounts
Take a moment to weigh each option against your current lifestyle and future hopes—because a great insurance plan isn’t just a safety net; it’s a bridge to peace of mind!
CareShield Life supplements: Aviva vs Great Eastern vs NTUC Income premium comparison
What Your Medisave Will Cover in a Nutshell
Let’s strip away the jargon and dive straight into the numbers that matter — how much you’ll pay for premiums and how much you’ll get paid out each month.
1⃣ Max Monthly Payout If You Stick With Just Medisave
Picture yourself paying ≤ $600 a year entirely with Medisave. Here’s the sweet spot where you get the highest payout without any extra cash:
| Gender | Age (in years) | |||
|---|---|---|---|---|
| 30 | 35 | 40 | 45 | |
| Male | $1,500 | $1,300 | $1,000 | $800 |
| Female | $1,500 | $1,300 | $1,000 | $800 |
These figures come from The Aviva MyLongTermCare Plus, Great Eastern’s GREAT CareShield, and NTUC Income’s Care Secure, each capped at 98, 95, and 84 years respectively.
2⃣ Payouts With Extra Cash — The $1,500 Dream Level
If you’re chasing that blissful $1,500 monthly payout, you’ll need to throw a bit of extra cash into the mix. Here’s how the premiums line up by age and gender:
| Gender | Age (in years) | |||
|---|---|---|---|---|
| 30 | 35 | 40 | 45 | |
| Male | $573.95/year | $683.09/year | $829.46/year | $1,079.66/year |
| Female | $671.30/year | $845.90/year | $1,070.50/year | $1,298.14/year |
All quoted prices include a 7% GST.
Quick Takeaways
- NTUC Income’s Care Secure shows a monthly benefit that excludes the baseline $600 from CareShield Life.
- Great Eastern’s discounted 20% promotion runs until December 31, 2021; Aviva’s offer has no expiry.
- The premium numbers for Great Eastern and Aviva already account for the lifetime discount.
So, choose your journey: stick with Medisave alone for a modest payout, or bring a little extra cash for that top‑tier $1,500 monthly reward. Either way, you’re steering your future toward better financial peace with Singapore’s health safety net. Good luck!
How to choose?
Deciding Made Easy: Pros vs. Cons
Hey, you’ve got that handy table in front of you—now let’s turn it into a crystal‑clear cheat sheet. I’ll lay out the good stuff, the rough patches, and everything in between for each option, so you can pick the one that clicks with you.
Option 1
- Pro: Simple and straightforward—no fuss, no stress.
- Con: May lack a few fancy bells and whistles you might crave.
Option 2
- Pro: Packed with features that make life easier.
- Con: Sometimes feels a bit over‑cooked and pricey.
Option 3
- Pro: Affordable and beginner‑friendly.
- Con: Limited scalability if your needs grow.
Pick your winner and roll on—there’s no right or wrong, just the one that feels right for you.
Aviva’s MyLongTermCare Plus review
Aviva Policy Review: Pros & Cons
What’s Great About It?
- Flexibility – You can tweak coverage to suit your exact needs.
- Customer Support – Friendly agents ready to help, often from the weekend.
- Affordable Rates – Competitive premiums that won’t break the bank.
Things That Could Be Better
- Claim Process – Sometimes a bit slow; patience is key.
- Policy Language – Lacks a splash of plain‑English, so reading it feels like a novel.
- Limited Add‑Ons – Fewer optional extras compared to rivals.
Overall, the Aviva policy offers solid protection with a few bumps—just a matter of weighing those against the pros.
Pros
Aviva Supplement Policy – Big Perks, Tiny Gaps
Looking for a life‑insurance plan that turns your medical setbacks into cash‑back perks? Aviva’s Supplement Policy has some tricks up its sleeve that might just give you more bang for your buck—especially if you’re a woman under 40 using Medisave.
What Makes the Policy Stand Out
- Premium Waiver on Disability: If one out of six Activities of Daily Living (ADLs) becomes a no‑go, your premiums stop paying—no extra fees, just mercy.
- Lifetime 20% Discount: Your premiums are permanently 20 % cheaper. Think of it as a loyalty bonus.
- Escalating Payout Option: Want more money down the road? You can bump up the payout, but remember you’ll pay higher premiums to keep the engine running.
- Extra Death Benefit: An additional safety cushion if the worst happens.
- Valuable for Medisave‑Only Users: When you pair Medisave with cash (or only Medisave), you get more value than many rivals, especially if you’re a woman under 40.
Why It Might Not Be the Big One
- Competitive Gap: Even with all the bells, the extra benefits trail just a smidge behind Great Eastern’s offering.
Guaranteed Issuance Option (GIO) – The Secret Sauce
GIO lets you beef up your monthly benefit by up to ½ (50 %) of the original amount, without any medical checks during the seven life‑stage events Aviva recognizes.
Seven Life‑Stage Triggers
- Buying Property – New home? Sweet!
- Matrimonial Moves – Whether it’s marriage, divorce or being widowed.
- Becoming a Parent – From a newborn to adopting a child under 19 by their next birthday.
- Salary Surge – A jump of 50 % or more since your application.
- Skill Boost – Completing at least a six‑month skills‑development course.
- New Life Cover – Grabbing another Individual Life or a supplementary Aviva benefit, fully underwritten.
- Spouse’s Hardship – A severe disability (unable to manage at least three of the six ADLs) or a tragic death.
When any of those happen, you can crank up your policy’s monthly benefit by paying extra premiums. However, the total boost is capped at 50 % of either the policy’s initial benefit or the benefit you’re pumping up to—whichever is lower.
Who Gets This Feature?
- Only the Standard Life plans have GIO. Check the Product Summary for the nitty‑gritty details.
So, if the sky’s the limit for your life milestones, Aviva’s Supplement Policy may just give you that extra cushion. But remember, it’s only slightly behind the big players in the perks department. Still, for many, the sweet spots—premium waivers, lifetime discounts, and the GIO—make it a solid contender.
Great Eastern GREAT CareShield review
Step Right Up to the Fresh‑Off‑the‑Shelf
Say hello to the all-new Great Eastern GREAT CareShield—the latest policy that’s making waves in the insurance world. It’s designed to give you peace of mind, but as with anything, you’ll want to weigh the good stuff against the not‑so‑glowing bits.
Why It’s Worth Your Attention
- Wide–Ranging Coverage: From accidental injuries to chronic illnesses, you get a blanket of support that’s hard to beat.
- Quick Claim Process: The team promises a streamlined paperwork journey—good news for people who hate paperwork.
- Flexible Premiums: Options to tailor your monthly payments to fit your budget’s rhythm.
Bright Side: The Pros
- Comprehensive protection against various medical events.
- Transparent, straightforward exclusions—no hidden surprises.
- Rewards for maintaining a healthy lifestyle with discounts on premiums.
Not All Sunshine: The Cons
- Premiums can get pricey if you opt for the highest coverage level.
- Some regional hospitals are not part of the network, so you might need to pay more if you go elsewhere.
- Waiting periods for certain treatments can feel like an unwelcome pause before you actually get help.
Bottom Line
Great Eastern’s new GREAT CareShield offers solid coverage and perks that can help keep your finances—and your health—happy. If you’re looking for something that covers a wide range of scenarios and want a fast claim experience, it’s definitely worth a closer look. Just keep an eye on the premium costs and network limitations to see if it matches your lifestyle and budget.
Pros
Life‑Saving Discounts You’ll Actually Love
Sign up before Dec 31, 2021 and you’ll snag a life‑time 20 % off on all premiums. Who wants to pay full price when you could save a chunk of your hard‑earned cash?
Why This Plan Beats the Competition
- More bang for your buck – When you use Medisave (or a mix of cash & Medisave), the premium value is higher than what NTUC typically offers.
- Prices on par – Great Eastern’s coverage is roughly the same as Aviva’s, but if you’re a woman under 40 you’ll find it even more affordable.
- Only plan with a game‑changing payout structure – If you’re unable to complete just one activity of daily living (ADL), you receive 50 % of the monthly benefit. If you’re down for two or more ADLs, you get 100 % of the recurring payout.
- Future premium freeze – Whenever you can’t manage even a single ADL, the policy stops collecting future premiums, freeing your Medisave for other needs.
- Top‑rated extra perks – Outshines Aviva and NTUC’s options in everything from initial lump sums to long‑term dependent support.
Extra Features Worth Mentioning
- Initial lump sum – Gets paid out as soon as you lose your ability to perform one ADL.
- Dependent benefits – Biggest payout amounts, and they keep flowing for a longer period.
Potential Drawbacks
- There is no extra death benefit on top of the standard coverage.
New to insurance? Don’t just tweak a policy—review it every year’s start. Six reasons why: See the full list here.
NTUC Income Care Secure review
Let’s Dive Into NTUC’s Income Care Secure Supplement Policy: The Ups and Downs
We’ll keep it short, sweet, and straight to the point—because who has time for boring insurance jargon?
The Good Stuff (Pros)
- Cash‑in‑a‑Flash Bonus – If you’re stuck without the ability to manage at least two Activities of Daily Living (ADLs), you’ll get a ludicrous 300% of your first monthly benefit as a lump‑sum.
- Double the Damage, Double the Benefit – When you can’t juggle a minimum of three ADLs, that same first monthly benefit becomes a whopping 600% upfront.
- Paying the Price for a Premature Exit – Should you unfortunately pass away while still in the disability payout period (and you’re down for at least two ADLs), you’ll receive 300% of the monthly benefit in a one‑shot dump.
- Family First Bonus – If you’ve got a kid under 22 years old, you’ll enjoy a 25% payout for up to 36 months, provided the two‑ADL rule applies.
The Not‑So‑Great Things (Cons)
- Premium Waiver Waitlist – NTUC only waives premiums if you’re at a minimum of two ADLs, whereas other insurers grant that perk for just one ADL. That’s a HUNDRED‑RED DOWN‑SCALE for you.
- Hybrid Payout “Sharing” Problem – When you can’t function in at least three ADLs, the monthly benefit includes the CareShield Life payout. That means you split the pie with CareShield, which shrinks the amount you actually receive.*
- Price Tag State – Prices here tend to be higher than what you’d find with Aviva or Great Eastern. Your wallet might not be as happy.
* Let’s run the numbers for clarity:
Suppose you pick the lowest monthly benefit amount of $1,200.
- If you’re limited to two ADLs, NTUC takes the whole $1,200 because you’re still not eligible for CareShield. Easy money.
- But if you’re down to three ADLs, NTUC covers half ($600) and CareShield steps in for the other half. That means you receive only $600 from NTUC, with the other $600 falling to CareShield. No big splash!
In plain English: the more you incapacitate, the more your payout becomes a two‑party affair, which can leave you with less.
Bottom Line
NTUC’s Income Care Secure supplement looks like a great offer if you’re aiming for high payouts when you’re severely disabled—but be mindful of the premium waiver differences, mixed payouts, and price gaps. Compare the numbers, jot down your own disability risks, and choose a plan that keeps your wallet and life happy.
How to buy
Curious About Your Premium? Let’s Find Out!
Looking to learn more and maybe snag a better deal? No worries – just give a quick shout to a trusted, licensed financial adviser or head over to the insurer’s website. They’ll hook you up with a quote in a jiffy.
Great Eastern & NTUC Income – Custom‑Made Quotes
- Pick your age – the older you are, the more you’ll likely pay.
- Choose your policy term – a longer term means more coverage but a higher total cost.
- Decide on the monthly benefit amount you want.
All these tweaks are right there in their website’s quick‑quote wizard. Pretty handy, right?
Aviva – One‑Stop, One Step
- Adjust age and policy term just like the others.
- Want to tweak the monthly benefit amount or payout structure? That’s a bit more hands‑on.
To get the finer details sorted, simply send over your info to Aviva. They’ll set up a friendly financial adviser who will touch base and help tailor everything just for you.
— Ready to make an informed move? Dive in, adjust those settings, or speak the friendly folks at the desk. Your policy, your perks, your peace of mind.
What will happen to my ElderShield supplement after joining CareShield Life?
Got an ElderShield Supplement Plan? No Need to Panic!
If you’re already wrapped up in an ElderShield Supplement policy, don’t lose sleep over new coverage stuff. The Ministry of Health has confirmed that your existing plan stays solid.
- No additional drama or paperwork on your part.
- Continued protection for the same great coverage you already enjoy.
- Keep enjoying the peace of mind you’ve built with your current policy.
And that’s the whole news—no extra fuss, no extra costs. Just keep up the good health habits and enjoy the benefits your ElderShield policy already offers.
Do I really need a CareShield Life supplement policies?
Still Unsure About the CareShield Life Supplement?
Hey there, you! If you’re tossing and turning over whether that CareShield Life Supplement is a good fit, why not throw your dilemma into the community basket on Seedly? The folks over there love chatting, sifting through details, and offering honest advice—minus the judgment.
Why Seeds Worth It
- Anonymous, hassle-free chats – type in what you’re worried about, and you’re in!
- Real voices, real opinions – no corporate fluff, just genuine takeaways.
- Humor meets health – a light-hearted crowd that keeps things interesting.
- Clear, actionable feedback – finally decide armed with the right info.
So go ahead, fire off your questions, and see what the Seedly community thinks. Happy decision-making!
