Advertisement
Anonymous
I would like to find out more about Careshield coverage but am not sure. Any suggestion will be helpful. Thanks!
3
Discussion (3)
Learn how to style your text
Elijah Lee
23 Nov 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
Reply
Save
Jiayee
23 Nov 2020
Salaryman at some company
Are you referring to this? https://www.careshieldlife.gov.sg/careshield-li... This one seems to be fixed...
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Hi anon,
Careshield coverage is fixed. What isn't fixed, is the amount of additional coverage that you can get. It really depends on you.
I'll link you to this article for a bit more details:
https://www.poems.com.sg/market-journal/what-yo...
In summary, you can opt to strictly stay below the Medisave limit of $600/yr, or if you felt you needed a bit more, you can go a little above and cash outlay can still be minimal.
There's no right or wrong here. It's what you feel would be a suitable amount of cover.