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I am born in 1979 or earlier. If I paid ElderShield 300/400 premiums previously but my policy lapsed due to non-payment of premiums, how will my CareShield Life premiums be affected?
As your ElderShield 300/400 policies have lapsed due to non-payment of premiums, you are no longer covered under ElderShield 300/400. Your premiums for CareShield Life will be based on the premiums for an uninsured individual.
Those who need assistance with their premium payment after subsidies and incentives will receive Additional Premium Support, and no one who joins CareShield Life will lose coverage due to financial difficulties.
This information is sourced from CPF.
Related questions
I am born in 1979 or earlier. Will the premiums I had already paid under ElderShield be taken into account when I join CareShield Life?
Will I receive any premium subsidies as an ElderShield 300/400 insured if I upgrade to CareShield Life?
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