Irene Quay on CareShield Life and Long-Term Care Bill

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Irene Quay on CareShield Life and Long-Term Care Bill

(Updated: )

NMP Irene Quay would like to see a fellow of the Singapore Actuarial Society on the CareShield Life Council. Speaking in Parliament on Monday (Sep 2) on the CareShield Life and Long-Term Care Bill, she said such a representative would be conversant in the financial management of long-term insurance and help to ensure the scheme is robust. She said the viability of CareShield Life depends on how appropriate the premiums are, as well as how adequate the assets are to support the benefits promised.

 

 

 

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