Anonymous
Anyone has made a comparison to the 3 different insurers' Careshield life supplementary plans? Which one is more worth it in terms of premium and coverage and still within the $600 budget?
Aviva's 20% perpetual discount is very attractive. And other benefits, which I'm confused as to are they really necessary. GE's 1 ADL and waiver of 90 days deferment period also very attractive. But I am curious under what circumstances would a person only have 1 ADL? It's usually accompanied by another ADL at least (based on my personal experience of my uncle currently receiving Eldershield payout).
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YewFong Chua
19 Jan 2021
Security Engineer at Fujitsu Asia Pte Ltd
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Hi,
If you're looking at the benefits for coverage of 3 ADLs, I'd go for Great Careshield / Aviva MyLongTermCare. If you're more inclined towards coverage of 2 ADLs, I'd suggest NTUC Care Secure.
You should talk to one or few advisors to determine which one suits your circumstances better.
Hope this helps.
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Hi,
I am not the expert here. But you can take a look at the seedly comparison between the three insurance companies. (Great Eastern, NTUC income and AVIVA)
https://blog.seedly.sg/careshield-life-suppleme...