Claim with 1 or 2 ADL
Policies administered by NTUC, Aviva, Great Eastern
Insure
(Careshield)
|
Savings (CPFIS)
Insure(Careshield) | Savings (CPFIS)
Ensuring that you are Insured and Invested.
Disability Insurance (Careshield)
Understanding ADLs
(Claim Definition)
The 6 Activities of Daily Living (ADLs) (Source: Ministry Of Health)
Summary
Duration & Amount
Lifelong, from $600 upwards
Payment via Medisave
Yes, with selected cash top-up options
Insurance Coverage
Includes pre-existing conditions
Underwriter
Singapore Government
Save (CPFIS)
Understanding CPFIS
Summary
Identifying Higher Returns
Buying specific ETFs or Managed Funds
Tax Reliefs
Topping up Medisave / CPF Special Account (SA)
Lower Tax Bracket
Topping up into CPF Supplementary Retirement Scheme (SRS)