About ElderShield

What is ElderShield?

1 in 2 healthy Singaporeans aged 65 could become severely disabled in their lifetime, and may need long-term care. We need to plan for our future long-term care needs, but working out how much to save can be difficult given the uncertainty of long-term care costs. Insurance pools our risks together and ensures protection against potentially catastrophic long-term care costs, and helps to provide peace of mind.

ElderShield was introduced in 2002 as a basic long-term care insurance scheme targeted at severe disability, especially during old age. The scheme currently provides cash payouts of $300 or $400 per month, for up to 5 or 6 years. 

4 key benefits you should know 

  • Monthly cash payout. In the event of a severe disability, you will be eligible to receive a monthly cash payout for a period of time, depending on the plan. ElderShield policyholders today have one of two basic ElderShield plans:
       If you joined ElderShield from September 2007 (inclusive)  If you joined ElderShield between September 2002 and August 2007
     ElderShield400  ElderShield300
     Payout Amount  $400 / month  $300 / month
     Payout Duration  Up to 72 months (six years)  Up to 60 months (five years)
  • You are covered for life. Once you start paying premiums, you can make a claim at any age, should you suffer from severe disability. Even after your premium term is completed at age 65, you remain insured for life.
  • Premiums can be fully paid by MediSave. You can use your own MediSave or your family members’ MediSave to pay for your premiums.
  • Premium payment until the policy anniversary after your 65th birthday. Your premium amount is determined at the age of entry and does not increase with age. Premiums are payable annually until the policy anniversary after your 65th birthday or when you make a claim.

What is severe disability?

Severe disability is the inability of an individual to perform three or more Activities of Daily Living (ADLs). This means that the individual will require significant assistance from another person for the ADL.



The ability to wash in the bath or shower (including getting into and out of the bath or shower) or do a sponge/ bed bath.



The ability to put on, take off, secure and unfasten all garments and, as appropriate, any braces, artificial limbs or other surgical or medical appliances.



The ability to feed oneself food after it has been prepared and made available.



The ability to use the toilet or manage bowel and bladder function through the use of protective undergarments such as diapers, or surgical appliances if appropriate.

Walking or Moving Around


The ability to move indoors from room to room on level surfaces.



The ability to move from a bed to an upright chair or wheelchair, and vice versa.

Why do I need ElderShield if I already have MediShield Life?

MediShield Life and ElderShield are insurance plans that serve different purposes:

 MediShield Life is a basic health insurance plan which helps to pay for large hospital bills and selected costly outpatient treatments, like chemotherapy and kidney dialysis treatment.  ElderShield is a long-term care insurance scheme targeted at severe disability which provides monthly payouts of $300 or $400 per month.


MediShield Life Benefits ElderShield
Automatic coverage for all Singapore Citizens and Permanent Residents
*From age 40
Pays for large hospital bills and selected costly outpatient treatments
Cash payouts in the event of severe disability, regardless of care setting
*Continued coverage under ElderShield is dependent on premium payment

Last Updated on 27 Jul 2020