HI Cheat Sheet 2026

The 16 highest-yield HI facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. Which six Activities of Daily Living (ADLs) are assessed for CareShield Life disability claims in Singapore? → Washing, dressing, feeding, toileting, mobility, and transferring
2. What is the purpose of 'early-stage critical illness' coverage available from many Singapore insurers? → To pay a benefit when a covered condition is detected at an early or intermediate stage
3. What medical expenses can Medisave NOT be used for in Singapore? → Cosmetic procedures and general outpatient GP visits for non-approved conditions
4. Under the Life Insurance Association (LIA) Singapore's standard critical illness framework, how many severe-stage critical illnesses are covered? → 37
5. Under the CareShield Life scheme in Singapore, policyholders are required to pay premiums from age 30 until which age? → Age 67
6. What are the '3Ms' of Singapore's healthcare financing framework? → MediShield Life, MediFund, and Medisave
7. What was the initial monthly payout amount when CareShield Life launched in Singapore in September 2020? → S$600 per month
8. ElderShield, the predecessor to CareShield Life in Singapore, provided a monthly disability benefit of up to how many months? → 72 months
9. Disability income insurance in Singapore typically replaces what maximum percentage of the insured's pre-disability monthly income? → 75%
10. Which of the following conditions is NOT covered under the LIA Singapore standard critical illness framework? → Severe Influenza with Respiratory Failure
11. Under Singapore insurance practice, disability income insurance is primarily designed to: → Replace a portion of the insured's income when they are unable to work due to disability
12. What is the MediShield Life Scheme's 'lifetime limit' feature? → There is no lifetime limit — MediShield Life has an unlimited lifetime claim amount
13. What are CareShield Life Supplements offered by private insurers in Singapore designed to do? → Provide additional monthly benefits on top of the government CareShield Life payout
14. What is the typical payout structure of a critical illness (CI) insurance policy in Singapore? → A lump sum payment upon diagnosis of a covered condition
15. Which body in Singapore is responsible for issuing standardised definitions for critical illness terms used by all life insurers? → Life Insurance Association (LIA) Singapore
16. The Singapore government provides financial assistance for CareShield Life premiums for lower-income Singaporeans through: → CareShield Life Subsidies and Transitional Subsidies