I am born in 1979 or earlier. If I choose to remain on ElderShield 300/400, will my premiums change after CareShield Life is implemented?
Existing insured’s ElderShield 300/400 plans will continue as they are, with no change in contractual terms.
CareShield Life premium subsidies and incentives will be extended to Singaporeans (including those on ElderShield 300/400 today) if they join CareShield Life, as these are intended to support the increased benefits under CareShield Life and ensure that CareShield Life premiums remain affordable. There will be no subsidies or incentives for ElderShield 300/400.
Related questions
I am born in 1979 or earlier. I paid ESH300/400 premiums previously but my policy lapsed. Will it affect my CareShield Life premiums?
If I am currently on ESH300/400 and choose to upgrade to CareShield Life, can I withdraw or downgrade back to ESH300/400 subsequently?
I am born in 1979 or earlier. Why are there no subsidies for the catch-up component when it looks so substantial?
What will happen to my current ElderShield and Supplements plans? Will my premiums be lower? Will I receive premium subsidies as well?
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