How could a disability affect you financially?

Disability can affect anyone, any time. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Disability can affect anyone, any time [credit cards]( [online brokerage]( [personal loans]( [Blog]( The cost of disability in Singapore On average, disability can cost $2,324 per month* for things like medical fees, mobility aids, caregiver fees, etc. There could also be loss of income if your disability prevents you from working. [Learn More]( *Based on Aviva’s Long-Term Care Study 2020 4 things you need to know about disability 1 in 2 healthy Singaporeans aged 65 could become severely disabled in their lifetime (according to the Ministry of Health) CareShield Life payouts start from $600 in 2020 to give Singaporeans financial support for long-term care costs in the event of severe disability 4 years is the median length of time a Singaporean lives with severe disability 3 in 10 could be severely disabled for 10 years or more *Severe disability is when a person is unable to perform 3 out of 6 Activities of Daily Living (ADL) - washing, dressing, feeding, toileting, walking or moving around, transferring. Supplemental long-term care insurance like Aviva’s long-term care plans can help ease your financial strain. Benefits of Aviva’s long-term care plans Additional payouts $200 to $5,000/month on top of CareShield Life Premiums are waived If you’re unable to perform at least 1 ADL Reduce your cash outlay Use MediSave for annual premiums up to $600 per year Extra support Lump Sum Benefit, Rehabilitation Benefit^, Dependant Care Benefit, Caregiver Relief Benefit and Death Benefit ^Only applicable for MyLongTermCare Receive payouts If you’re unable to perform at least 3 out of 6 ADL (MyLongTermCare) *For MyLongTermCare Plus: if you're unable to perform at least 2 out of 6 ADL [Get a Quote]( This policy is underwritten by Aviva Ltd. This material is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. A copy of the Product Summary may be obtained from Aviva Ltd and the participating distributors' offices. You should read the Product Summary before deciding whether to purchase the product. You may wish to seek advice from a financial adviser representative before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you. Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs. This is not a contract of insurance. Full details of the standard terms and conditions of this policy can be found in the relevant policy contract. Information is accurate as at 24 September 2021. Protected up to specified limits by SDIC. Follow us to browse our bite-sized content pieces and to stay on top of our exclusive promos! [credit cards]( [online brokerage]( [personal loans]( [Blog]( This email was originally sent to {EMAIL}. You have received this email because you are subscribed to MoneySmart Singapore’s awesome newsletter. Sent by MoneySmart Singapore Pte Ltd, MoneySmart Singapore Pte Ltd, 8 Commonwealth Lane, #04-02, Singapore 149555, Singapore [Unsubscribe](