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If I reside overseas, why should I be made to join CareShield Life? Can overseas Singaporeans suspend their premium payment?
CareShield Life will provide cash payouts in the event of severe disability. Today, overseas Singaporeans are able to file ElderShield claims from abroad and receive payouts to support their care costs wherever they may be. This applies even for those who have permanently relocated abroad. This will continue to apply for CareShield Life. Hence, premium payments for overseas Singaporeans cannot be suspended.
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