What happens if I do not pay my Integrated Shield Plan (IP) premiums?
If you do not pay your Integrated Shield Plan (IP) premiums within your insurer’s stipulated Grace Period, your insurer will terminate your IP coverage and you would lose the additional private insurance coverage. However, you would continue to be covered under MediShield Life and pay the lower MediShield Life premiums. You may wish to refer to your IP policy contract for details on the Grace Period.
This information is sourced from CPF
Related questions
What happens to my existing Integrated Shield Plan (IP) when I apply for a new IP?
The Health Insurance Planner shows that I may have insufficient MediSave for my healthcare expenses and insurance premiums. Will I lose my insurance coverage?
My employee is currently covered under MediShield Life. What will happen to their MediShield Life cover if I buy an Integrated Shield Plan (IP) for them?
What if I have an Integrated Shield Plan (IP), does the 30% Additional Premiums apply to my entire IP premiums?
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