Can lump sum payouts, death benefits or "No-claim Bonus” be provided as incentives for healthy living or meeting the two Activities of Daily Living (ADLs) criteria under CareShield Life/ElderShield?
CareShield Life/ElderShield is designed to provide basic financial protection against long-term care costs through monthly cash payouts to insureds with severe disability to cover their ongoing costs. It is not designed or priced to cover payouts to insureds who remain healthy.
 
If you would like additional coverage such as lump sum payouts and death benefits, you can consider purchasing Supplements from the private insurers.
 

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