Does it make sense to enhance Careshield life, or should i consider other options that'd enable me to provide for my family in case of unforeseen circumstances?

It makes sense as it helps to provide disability income for the policyholder if unable to perform 3 out of 6 ADLs without enhancement. However, the Aviva careshield only provides payout upon 2 out of 6 ADLs. If you have looked into GE careshield, it provides a 300% initial payout with 1 out of 6 ADLs and monthly 50% monthly payout. This is the only plan in the market right now having such coverage.

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If you would like to discuss it in detail, I would love to connect with you!

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Hey! There are sooooo many unforeseeable circumstances that can happen to us, e.g. sudden job loss, sudden death, illness, accidents, breakups.. Its good to start thinking about the ones we can manage. Before you start upgrading your careshield life coverage you should look at getting better covered for hospitalisation costs, the number 1 bank breaker. Afterwhich you can consider a combination of income protection insurance which includes term, wholelife and careshield life supplement to cover situations like suddent death, disability or critical ilness. Check out the comparision tables here for shield, careshield life supplement and life insurance. https://plannerbee.co/best-careshield-life-supp... https://plannerbee.co/best-integrated-shield-in... https://plannerbee.co/best-integrated-shield-in... Lastly, keep some spare funds to invest, cos chancea of living a long life is also really high, so we need some retirement funds =)