What happens to my premium discounts if I switch my Integrated Shield Plan (IP) or terminate my existing IP?
If your redeemed premium discounts have already been used for your MediShield Life (MSHL) premiums before you switched Integrated Shield Plan (IP), no further action would be required. Any unused premium discounts or premium discounts redeemed after you switched IP, will be carried forward and used for your MSHL premiums at your next policy renewal, so long as they remain valid (premium discounts are valid for one year from the date of redemption).
This information is sourced from CPF
Related questions
Can I use my redeemed premium discounts for my Integrated Shield Plan premiums?
How will the MediShield Life premium discounts I have redeemed be used for my MediShield Life premiums?
I have redeemed my Healthpoints on the Healthy 365 app for MediShield Life premium discounts. Can I use it to pay for my dependant’s MediShield Life or Integrated Shield Plan premiums?
What happens to my existing Integrated Shield Plan (IP) when I apply for a new IP?
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