Singlife updates Shield Plan riders to boost healthcare affordability

Product enhancements respond to specific demographic shifts in long-term care.

Singlife has introduced new riders for its Integrated Shield Plans, alongside a Care Collab Benefit, as Singapore moves towards a super-aged society.

The insurer said the updates are aimed at offering a more affordable way for Singaporeans to enhance their healthcare protection, whilst giving access to rehabilitation support.

The new riders are designed to align with the Ministry of Health’s latest requirements. They do not cover deductibles and come with a co-insurance cap of $4,669.5 (S$6,000), allowing for premium reductions of 30% to 84%.

These options provide more affordable premiums for policyholders seeking treatment at B1 and higher wards in both private and public hospitals.

Singlife’s Care Collab Recovery Support Benefit allows customers to access coordinated care services, supporting them through treatment and recovery.

This benefit provides $15,564.9 (S$20,000) in coverage for home nursing care and rehabilitation services in the event of severe disability.

Singapore is expected to become a super-aged society, where at least 20% of the population is aged 65 and above, increasing demand for healthcare and long-term care services.

Singlife said its latest product enhancements are designed to respond to these demographic shifts and provide additional financial protection for policyholders.

($1.00 = S$1.28)

*This article was updated on 7 April, 3:46 PM to reflect a more accurate reporting of the press release.

Follow the link s for more news on

Singlife

insurance

Life insurance

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia