Long-Term Care Insurance

1 in 2 healthy Singaporeans aged 65 could become severely disabled in their lifetime, and may need long-term care.

Get rebates of up to 50% of first-year basic commissions

About Long-Term Care Insurance

It may seem difficult to picture now, but according to the Ministry of Health, 1 in 2 healthy Singaporeans aged 65 and above could become severely disabled in their lifetime, and require long-term care.

You may need help with daily tasks ranging from bathing and dressing to feeding yourself – all forms of long-term care not typically provided by health insurance. Long-term care insurance will help you cover the costs of that care, whether provided at your own home, in a nursing home or at assisted living facilities.

How Long-Term Care Insurance Benefits You

Prepare Early

1 in 2 healthy Singaporeans aged 65 could become severely disabled in their lifetime. It’s best to shield yourself early when premiums will be more affordable.

Choose Quality Care

The quality of your care will depend on how much you can spend on facilities and resources. Give yourself a wider range of options with financial backing from your long-term care insurance.

Protect Your Savings

By paying out a monthly benefit, long-term care insurance protects your retirement savings. These payouts complement national schemes like CareShield Life and ElderShield, and can help sustain your financial security.

How to Get Insured Through MoneyOwl

1

Compare

Compare quotes from our database of 500,000+ quotes and save money doing so.

2

Get Advice

Our expert Client Advisers will contact you to clarify any questions you have.

3

Apply

Buy through MoneyOwl by meeting or videoconferencing with our licensed Client Advisers.

1

Learn

Find out what coverage you need and whether you have enough. Get straightforward and unbiased advice in minutes.

2

Compare

Compare quotes from our database of 500,000+ quotes and save money doing so.

3

Get Advice

Our expert Client Advisers will contact you to clarify any questions you have.

4

Apply

Buy through MoneyOwl by meeting or videoconferencing with our licensed Client Advisers.

Get the Best of MoneyOwl With Your Free Account

Not sure what coverage you might need? Create your MoneyOwl account within seconds, and we’ll assess your financial situation and point you in the right direction. With a MoneyOwl account, you can:

Promotions

Take advantage of current insurance promotions at MoneyOwl.

From 1 August -
31 October 2022

MoneyOwl Promotions

Secure your world of happiness

Insurance

Protect yourself and your loved ones against life’s eventualities

Insurance

Protect them as they PLAY

Insurance

Receive up to 6% premium cashback for Selected Singlife Life Insurance Plans

Insurance

Start saving in 2021 with attractive discounts!

Insurance

Discover Manulife extensive range of special discounts, offers, bonuses and rewards designed just for you!

Insurance

As an NTUC Union Member, enjoy promotional deals with MoneyOwl such as higher insurance commission rebates and lower fees for financial planning!

NTUC Union Member

Specially designed for young adults (between 25 to 30 years old) who have just entered the workforce; are busy and are unsure of what insurance to buy.

Bundle Plans

Specially designed for new mums and dads who would like to get sufficient coverage for your precious little ones.

Bundle Plans

Invest in the Safety Net Provided by Long-Term Care Insurance

Compare over 500,000 insurance quotes through MoneyOwl’s database and find the ideal coverage for your needs.

Learn More About Insuring You and Your Loved Ones

Explore our collection of insurance articles for all you need to know about coverage, premiums and more.

What are the differences between multi-pay and single-pay critical illness plans? We examine the benefits and trade-offs
23 Sep 2022

Critical Illness Insurance

With changes to the cancer coverage for Medishield Life taking effect this month, find out how you can navigate them and minimise out-of-pocket expenses.
9 Sep 2022

Insurance

Compare different term insurance premiums and buy the insurance that fits your needs with MoneyOwl's latest insights.
1 Sep 2022

Insurance

Recommended Next Steps

Secure your life insurance plan today. Compare quotes, get personalised advice or find out what coverage you need to get started.

Protect Your Well-Being in Retirement

Invest in long-term care insurance to secure the necessary care for yourself in your senior years.

Call Me Back

Get unbiased advice from a qualified MoneyOwl client adviser.

Assess My Insurance Needs

Evaluate the coverage you need and whether you are sufficiently protected.