Get 20% perpetual premium discount* when you buy our CareShield Life Supplement. Learn more.
What is long-term care?
Long-term care is the help you'll need for personal tasks like feeding and moving around should you become severely disabled.
What is severe disability?
What causes severe disability?
What's the cost of living with a severe disability?
Understanding CareShield Life
To help you prepare better for your future long-term care needs, the government launched CareShield Life - a new national long-term care insurance scheme - on 1 October 2020.
Get the care you deserve
When it comes to securing adequate long-term care coverage, you need a plan that goes further and caters for unknowns, because long-term care can be unpredictable.
The good news is we've got a plan that truly cares and will support you for the long haul. If you hold a CareShield Life or ElderShield policy, you can enhance your coverage with MyLongTermCare or MyLongTermCare Plus for greater financial assurance.
Premiums of up to S$600 per calendar year per Life Assured can be paid using MediSave1.
Higher monthly payouts for a lifetime
On top of your CareShield Life payouts, choose to receive additional S$200 to S$5,000 per month when you're unable to perform at least 2 out of 6 ADL2.
Receive a Lump Sum Benefit, Rehabilitation Benefit3, Dependant Care Benefit, Caregiver Relief Benefit and Death Benefit.
Premiums waived when it matters
Future premiums are waived for as long as you're unable to perform at least 1 ADL.
Enjoy enhanced coverage with greater financial assurance
Whether you choose MyLongTermCare or MyLongTermCare Plus, you'll get the freedom to pick different coverage options according to your needs. Here's how they work:
|Features||CareShield Life||MyLongTermCare||MyLongTermCare Plus|
|Severe Disability2 definition||Inability to perform at least 3 out of 6 ADL||Inability to perform at least 2 out of 6 ADL|
|Monthly benefit4 duration ||Lifetime |
(for as long as you're unable to perform at least 3 out of 6 ADL)
(for as long as you're unable to perform at least 2 out of 6 ADL)
|Monthly benefit4 amount||Starting at S$600 per month in 2020|| |
S$200 to S$5,000 per month (in increments of S$100)
|Availability of increasing payouts||Payouts increase at 2% per annum5 (p.a.) |
until age 67, or when a claim is made,
whichever is earlier
Choice of fixed payouts or increasing payouts at a fixed rate of 2% or 3% p.a.
|Premium term|| |
Pay up to age 676 (inclusive of the year you turn 67)
Note: Premiums will increase over time to support payout increases
a. Pay up to the policy anniversary after your 97th birthday (98 Age Next Birthday (98 ANB))
b. Pay for a limited period:
• up to the policy anniversary after your 67th birthday (68 ANB) or
Note: Premiums will increase at 2% or 3% p.a., the same rate you choose for your increasing payout.
Additional care benefits
|Benefits||Condition for payout||Details of benefit, frequency and duration|
|Lump Sum Benefit||When you're severely disabled2||A one-time benefit that is 3 times of your first monthly benefit4|
|Rehabilitation Benefit||When your condition improves but you're still unable to perform 2 ADL|| |
50% of your last monthly benefit4, for as long as you’re unable to perform 2 ADL
|Dependant Care Benefit|| |
When you’re receiving the monthly benefit4 or Rehabilitation Benefit
|An additional 20% of your monthly benefit4, for up to 36 months |
|Caregiver Relief Benefit||When you're receiving the monthly benefit4 or Rehabilitation Benefit||An additional 60% of your monthly benefit4, for up to 12 months |
|Waiver of Premium||When you're unable to perform at least 1 ADL||Future premiums are waived, for as long as you’re unable to perform at least 1 ADL|
|Death Benefit||When death occurs while you're receiving the monthly benefit4 or Rehabilitation Benefit||One-off payout of 3 times of your last paid monthly benefit4 or Rehabilitation Benefit|
|In addition, we understand that as you go through key milestones in life, your protection needs may increase. With the Guaranteed Issuance Option7, you have the flexibility to increase your monthly benefit4 without further health underwriting at key life stage events.|
Note: Deferment Period applies for selected benefits8.
20% perpetual premium discount
With a minimum annual premium of S$500, you can enjoy 20% perpetual premium discount on MyLongTermCare and MyLongTermCare Plus!
*Terms and conditions apply.
Terms and conditions
Important notes regarding Additional Premium Support (APS) Policy
Enhance your coverage with Aviva today!
If you're 30 and above and eligible for CareShield Life or you're an existing ElderShield policyholder, leave us your details to find out more about how to enhance your long-term care coverage.
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You will need to have a CareShield Life (CSHL) or ElderShield (ESH) policy before purchasing MyLongTermCare or MyLongTermCare Plus (“Supplements”).
Supplements purchased by CSHL policyholders are regulated under the CareShield Life and Long-term Care Act. Supplements purchased by ESH policyholders before the transfer of ESH to Government administration are considered ESH Supplements, which are regulated under the Central Provident Fund (Withdrawals for ElderShield Scheme) Regulations. After the transfer, they are considered CSHL Supplements, regulated under the CareShield Life and Long-term Care Act.
This policy is underwritten by Aviva Ltd.
This is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. A copy of the Product Summary may be obtained from Aviva Ltd and the participating distributor's offices. You should read the Product Summary before deciding whether to purchase the product. You may wish to seek advice from a financial adviser representative before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you. Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs. This is not a contract of insurance. Full details of the standard terms and conditions of this policy can be found in the relevant policy contract.
This advertisement has not been reviewed by the Monetary Authority of Singapore. Information is accurate as of 1 October 2020.
This policy is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Aviva Ltd or visit the Life Insurance Association or SDIC websites (www.lia.org.sg or www.sdic.org.sg).