What will happen to my premiums that I paid should I pass away before claiming? Will the monies be returned to my family?
There is no death benefit for CareShield Life. As such, there will be no payouts upon insureds’ passing. If you wish to obtain insurance that provides death benefits, you may purchase Supplements that provide this option.
Related questions
Can there be lump sum payouts / death benefits / “No-claim Bonus” to incentivise healthy living / 2 ADL criteria for CareShield Life?
What will happen to my current ElderShield and Supplements plans? Will my premiums be lower? Will I receive premium subsidies as well?
What will happen to my CareShield Life premiums that I paid should I pass away before claiming?
What will happen to my CareShield Life premiums that I paid should I pass away before claiming?
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