I have an ongoing monthly GIRO instalment plan. My MediShield Life and/or CareShield Life cover has been renewed and has incurred new outstanding premiums. Will interest be imposed on me?

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Accepted Answer

Interest will not be imposed on the new outstanding MediShield Life and/or CareShield Life premiums while you have an ongoing monthly GIRO instalment arrangement. Your existing GIRO payment plan will be revised to include the new outstanding premiums. You will be notified of the revised instalment to be paid.

I have an ongoing monthly GIRO instalment plan. My MediShield Life and/or CareShield Life cover has been renewed and has incurred new outstanding premiums. Will interest be imposed on me?

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