Eldercare Insurance in Singapore

Eldercare insurance in Singapore: four questions, then a licensed financial adviser contacts you.

You can go back and change any answer before you send.

Who Are You Planning For?

The national scheme, the older scheme and private top-ups

In Singapore, elder care insurance comes in layers.

CareShield Life is the national long-term care insurance scheme. It pays a monthly cash payout if you become severely disabled. That means being unable to do 3 of the 6 activities of daily living (ADLs). The six are washing, dressing, feeding, toileting, walking or moving around, and transferring.

ElderShield is the original scheme and is closed to new sign-ups. CareShield Life took over for new members from October 2020. ElderShield pays a fixed amount for a limited number of years.

A private supplement is a top-up policy sold by insurers. It sits on top of the national scheme and doesn't replace it. You need to be covered by CareShield Life or ElderShield first. Terms vary by product, insurers may apply health underwriting, and MOH publishes a list of providers.

Which rules apply depends on birth year and health

CareShield Life cover starts automatically at 30 for citizens and permanent residents born in 1980 or later. For them, there's nothing to sign up for.

Anyone born in 1979 or earlier can still join voluntarily. From 1 January 2026, that route is only open to people with no pre-existing disability.

So two people born a year apart, in 1979 and 1980, can get different answers. A pre-existing disability can change the answer too.

If a parent was born in 1970 to 1979 and had ElderShield 400, they may already have been moved across to CareShield Life. That is why question three asks what cover they have now.

The first two questions ask who you're planning for and when they were born. If you don't know, "Not sure" is an option.

What happens after the four questions

You answer four questions: who it's for, when they were born, what long-term care cover they have now, and your main concern. That last one ranges from whether to join CareShield Life to paying for a parent's care right now.

Next, you add your name and email, plus a phone number if you like, and tick a consent box.

Then a licensed financial adviser reaches out.

This page doesn't show plans, prices or a result on screen. It's an introduction, and you can go back and change an answer before you send.

CareCompare is an introducer for its partner advisory firms (currently Phillip Securities Pte Ltd) and may receive a referral fee if you become a client. CareCompare introduces and does not give financial advice.

Which rules apply can turn on a birth year and on any pre-existing disability. Four answers are enough to start that conversation.

Four questions. Go back and change any answer before you send.