What should I do if my application for suspension of MediShield Life premium collection is approved and I do not renew my permanent residency permit in my country of residence in future?
Please inform the Central Provident Fund Board if your permanent residency permit in your overseas country of residence is no longer valid.
Suspension of MediShield Life premium collection is only for those who live abroad permanently with no intention to reside in Singapore. Obtaining permanent residency in another country is one of the indicators required to demonstrate an individual’s intention to reside in another country permanently. Therefore, if you do not renew your permanent residency permit in your overseas country of residence, it is an indication that you may not be able to permanently reside in that country. Your suspension of premium collection will cease and the accumulated sum of premiums suspended from collection, with compound interest, will be payable.
This information provided here is sourced from the MOH website.
Can’t find what you’re looking for?