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December 19, 2022
by Understanding Careshield

The Best Financial Gifts For Our Parents

As our parents' resources and incomes dwindle, it becomes more challenging for them to seek out investment opportunities that would increase their retirement savings and protect them from inflation.Your time and your parents' money are the two things ...

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December 12, 2022
by Understanding Careshield

Planning for Retirement Before the New Year Starts

End the year right by starting planning for your golden years! In retirement, success can be defined in a variety of ways. Possibly, you'll need to shift from a full-time job to part-time work that still fulfills you. Or maybe you plan to spend ...

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December 5, 2022
by Understanding Careshield

The 4 Best Gifts For Our Loving Parents This Christmas

Now that December has arrived, you're just in for the perfect time of the year to express our love to our loved ones through valuable presents, especially to our elderly parents. But what would be the most thoughtful present for our parents' reti ...

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November 21, 2022
by Understanding Careshield

Should I Switch from ElderShield to CareShield Life

CareShield Life was introduced two years ago, and is now mandatory for all adults aged 30–40 years old. However, the CareShield Life team has recently sent out letters to anyone over the age of 40 to notify them of the option to switch from ElderShi ...

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November 14, 2022
by Understanding Careshield

Here’s Why You Should Consider Getting a Long-Term Disability Insurance

If you look around you, you'll realize that disability isn't just a problem that solely affects the elderly; it can happen to anyone. Even young, healthy people can become incapacitated overnight and become fully reliant on others for the most basic ...

2
November 7, 2022
by Understanding Careshield

CareShield Life Supplement: Best Provider & Comparison (2022)

What is Careshield Life? CareShield Life helps in covering long-term care expenses that arise from having a disability. To boost your disability protection and benefits, you can upgrade your CareShield Life with supplements from these three private i ...

1
November 2, 2022
by Understanding Careshield

 3 Things You Didn’t Know About MediShield Life vs. Integrated Shield Plan

Are you aware that if you are a Singapore citizen or a permanent resident, you're automatically covered by MediShield Life? Did you also know that two-thirds of Singaporeans and Permanent Residents have purchased the Integrated Shield Plan? Integrate ...

5
October 4, 2022
by Understanding Careshield

How Much Does It Cost To Hire a Maid Or Housekeeper In Singapore? (2022)

Are you in search of a maid employee in Singapore? If you're a working professional with young children or elderly parents to look after, having someone to lend you some extra hands could bring great relief. Employing a foreign domestic worker (FDW) ...

3
September 28, 2022
by Understanding Careshield

CPF Contribution Rate: Employer Contribution & Retirement Sum (2022)

Are you aware of the percentage of your monthly income that makes it to your pocket and the other portion that goes into your CPF? If you can't fully comprehend what happens to that valuable portion of your paycheck that goes into your CPF accounts, ...

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September 23, 2022
by Understanding Careshield

What’s the Difference Between ElderShield and CareShield Life?

The Ministry of Health (MOH) stated in May 2018 that CareShield Life, a national long-term care insurance program, will replace the current ElderShield scheme on October 1, 2020, for people born in 1980 or later. CareShield Life will make an effort ...

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