A compulsory national long-term care insurance to provide financial aid to those afflicted with severe disability, will be launched in 2020. Called 'CareShield Life', it will replace the current optional Eldershield plan. 

How does it work and who will it benefit? Money FM 89.3's Yasmin Jonkers speaks with Christopher Tan, CEO of Providend for more details. 

<p>A compulsory national long-term care insurance to provide financial aid to those afflicted with severe disability, will be launched in 2020. Called 'CareShield Life', it will replace the current optional Eldershield plan.&nbsp;</p>
<p>How does it work and who will it benefit? Money FM 89.3's Yasmin Jonkers speaks with Christopher Tan, CEO of Providend for more details.&nbsp;</p>

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