Cynthia signs up for a Singlife CareShield Standard plan to enhance her CareShield Life and get additional payouts for severe disability.
Singlife Dementia Cover benefits
Follow Cynthia’s journey below to understand how Singlife Dementia Cover can help provide support at different stages of cognitive decline.
38 years old
40 years old
Cynthia purchases Singlife Dementia Cover with a selected benefit amount of $1,000, to complement her Singlife CareShield Standard plan and boost her long-term care protection against cognitive decline.
42 years old
She prepares for her future by applying for a Lasting Power of Attorney via SimplyWills, a Singlife Care Collab partner offering preferential rates to Singlife Dementia Cover policyholders. This allows her to appoint a trusted person to make decisions for her if she loses mental capacity.
60 years old
Cynthia is diagnosed with early dementia and receives the Mental Care Benefit payout of $5,000 a year for five years. Meanwhile, her children begin looking for caregiving resources through Singlife Care Collab.
61 years old
She develops depressive disorder and receives the Emotional Resilience Benefit lump-sum payout of $5,000.
70 years old
Her condition progresses to late-stage dementia and she starts to receive the Cognitive Care Benefit payout of $5,000 a year for 10 years and she stops paying premiums.
73 years old
Cynthia suffers a hip fracture from a fall and receives the Medical Expense Benefit lump-sum payout of $5,000.
79 years old
She receives her last Cognitive Care Benefit payout when her policy terminates at this age.
SOURCE: SINGLIFE