Hi ,

Let Me Share a Personal Encounter...

Uncle Lim, my client's father, had his HDB flat fully paid off and decent savings for a nice retirement. He thought his retirement was sorted.

Unfortunately, at 70, stroke came.

He was on the old ElderShield scheme, only receiving a meager $300/month that barely covered a week of nursing home fees.

My client had just upgraded his property and taken up a mortgage. His younger sister had just started working and had to foot parts of Uncle Lim's medical bills.

Family gatherings became tense discussions about medical bills.

This real story from my practice repeats itself in countless families.

Now here is the important update about long-term care coverage (ie. Careshield life) our government had announced.

The government announced enhanced CareShield Life benefits, increasing monthly payouts by 4% annually for the next 5 years. By 2030, payouts will reach $806 monthly instead of the current projected $731.

While this 4% increase is welcome news, Singapore's medical inflation has been running at double-digit rates for years. According to Willis Towers Watson, healthcare costs continue their double-digit surge for the third consecutive year.

The math is sobering:

• Enhanced CareShield Life payout in 2030: $806/month
• Basic nursing home costs TODAY: $2,000 - $3,600/month (before subsidies)
• The gap: A potential shortfall of $1,200 - $2,800 monthly

Why This Matters More Than You Think

CareShield Life claims are triggered when you cannot perform 3 out of 6 Activities of Daily Living (ADLs) basic functions like bathing, dressing, or eating. This is not about minor inconveniences; it's about severe disability requiring long-term care support.

The uncomfortable truth: Even with the enhanced benefits, CareShield Life only provides basic long-term care support. The gap between what you will receive and what you will actually need continues to widen.

The Wise Path Forward

Unless you've conscientiously built a substantial retirement fund specifically earmarked for medical expenses (and honestly, how do you determine "enough"?), insuring yourself properly is the wiser move.

The good news? You have options. Three approved private insurers offer CareShield Life supplements that can bridge this critical gap and provide the comprehensive coverage you truly need.

What Is The Next Step?

Don't let this slip through the cracks like most retirement planning decisions do.

I'm inviting you to take 30 minutes to properly assess your long-term care coverage needs.

In our consultation, we will:

✓ Calculate your potential coverage gap based on your specific situation

✓ Review enhancement options from all three approved insurers

✓ Create a tailored strategy that fits your budget and provides real peace of mind

✓ Ensure you're making informed decisions before the 2026 changes take effect

Simply reply to this email with "ASSESSMENT" and I'll personally reach out within 24 hours.

Best Regards,

Zest Chia

Executive Wealth Consultant | Associate Estate Planning Practitioner |

Licensed General Insurance Advisory

DISCLAIMER;

This message contains privileged and confidential information from Infinity Financial Advisory Pte Ltd. If you are not the intended recipient of this electronic message, please do not disseminate, copy or take any action in reliance on it. We request you notify us immediately before deleting this message. Any views expressed in this message or attachment/s are those of the individual sender and are not necessarily the views of the company. Infinity Financial Advisory Pte Ltd uses virus scanning software and while due care and attention is taken; the company excludes all liability for any loss or damage caused whether directly or indirectly by any computer virus or other defects transmitted with any email and any attachment(s), to the extent permitted by law. It is sent on the strict condition that the user carries out and relies on its own procedures for ensuring that its use will not interfere with the recipient's systems including but not limited to scanning this email and any attachment(s) for viruses and defects before opening or sending them on. The recipient assumes all risk of use and releases the sender from all responsibility and liability for any direct or indirect consequence of use.