![Straits_Alliance[1].png](https://static.wixstatic.com/media/a8f640_cf07c878d7994dfc8d35eda75e6aa586~mv2.png/v1/crop/x_0,y_19,w_2084,h_489/fill/w_243,h_57,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/Straits_Alliance%5B1%5D.png)
Careshield Life Supplement: Upgrade Your Protection
Enhanced disability protection. Greater financial security. Peace of mind for you and your loved ones.
Upgrade your CareShield Life plan with a supplement that offers higher payouts and earlier claims.
At Straits Alliance, we help to compare different insurers to find the plan that best suits your needs.
✅ Request multiple quotes quickly
✅ Compare premiums, coverage, and features
✅ Get recommendations tailored to your needs
WHY UPGRADE YOUR CARESHIELD LIFE PLAN?
Strengthen your financial safety net with higher payouts, earlier claims eligibility, and lifelong protection against severe disability. Certain companies provide coverage such as:
Activities of Daily Living (ADLs)
CareShield Life and its supplements provide coverage based on your ability to perform Activities of Daily Living (ADLs), which include Washing, Feeding, Toileting, Dressing, Mobility, and Transferring.
Claims can be made when you are unable to perform 1 or 2 out of these 6 essential activities, depending on your policy.
MediSave Payable
Applicants will be able to use up to $600 per year from MediSave, under the additional withdrawal limit, to pay for CareShield Life supplement. This is separate from the MediSave limit allocated for Integrated Shield Plan premiums.
Increase Your Protection
Enhance your coverage with monthly payouts of up to $5,000 for life, compared to the base CareShield Life payout of around $600 per month.
COMPARE AND GET QUOTES FROM DIFFERENT
CARESHIELD SUPPLEMENT PROVIDERS
We help you to compare quotes and find the best CareShield supplement that fits your needs.
CARESHIELD SUPPLEMENT UPGRADES
OTHER FEATURES OF CARESHIELD LIFE SUPPLEMENT
CLAIM UPON INABILITY TO PERFORM 1 OR 2 ADLS
Make a claim when you are unable to perform just 1 or 2 out of the 6 Activities of Daily Living, depending on your chosen supplement plan.
SHORTER WAITING PERIOD
Start receiving payouts after just 3 months of certified disability, compared to the typical 6-month waiting period under standard Total and Permanent Disability (TPD) riders.
Lifetime ADLs Coverage
Unlike TPD coverage, which typically ends at age 70, CareShield Life and its supplements provide lifetime coverage based on your ability to perform ADLs.
Additional Dependent Benefit Payout
Receive an extra payout for a limited period if you have dependents when you first become severely disabled.
MPORTANT CONSIDERATIONS WHEN CHOOSING CARESHIELD LIFE SUPPLEMENT
-
GST Impact on Premiums
Your plan is subject to GST charges. If GST rates increase, your total premium payable through Medisave may be affected by the Medisave withdrawal limits. -
Inclusive vs Exclusive Payouts
Understand whether your supplement pays in addition to (inclusive) or offsets (exclusive) the base CareShield Life payout when you are unable to perform 3 out of 6 ADLs. -
Paid-Up Benefit Option
Check if your plan offers a paid-up benefit, allowing you to retain prorated coverage even if you stop paying premiums after a certain number of years.
