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What happens if my Healthcare GIRO application is rejected or my MediShield Life/ CareShield Life/ ElderShield GIRO deductions was unsuccessful for two or more consecutive months?
If your Healthcare GIRO application is rejected, you may re-apply by clicking on Setting up GIRO arrangement.
In the event of unsuccessful GIRO payment for your renewal premiums, the premiums will be deducted from MediSave. If your monthly GIRO deductions fail for two consecutive months, your payment plan will be suspended and you will need to write to us to request reactivation, which will be assessed on a case-by-case basis.
We will impose new interest and penalties on your outstanding MediShield Life and/or CareShield Life premiums if your GIRO application is rejected or GIRO deductions are suspended.
This information is sourced from CPF.
Related questions
What if my GIRO account does not have sufficient funds to pay for my MediShield Life/ CareShield Life/ ElderShield premiums?
I am currently paying outstanding MediShield Life and/or CareShield Life premiums through monthly GIRO instalments. Can I continue this arrangement to pay my future premiums?
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Can I pay my MediShield Life and/or CareShield Life premiums by instalment through GIRO?
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How do I apply for GIRO for my/my dependant's MediShield Life, CareShield Life and ElderShield premiums?
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