I have already paid for ElderShield premiums for this year. Will I get any refund if I apply to join CareShield Life?

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Accepted Answer

The ElderShield premiums will be refunded if you join CareShield Life and your CareShield Life commencement date is in the same year as your ElderShield policy renewal.

For example, if you paid ElderShield Premiums in September 2021 (for your ElderShield policy renewal in 2021), and later joined CareShield Life in December 2021, the ElderShield premiums you have paid in September 2021 will be refunded to you.

The refund of ElderShield premiums (if any) will take place upon collection of the first CareShield Life premium.

I have already paid for ElderShield premiums for this year. Will I get any refund if I apply to join CareShield Life?

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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?

I have already paid for ElderShield premiums for this year. Will I get any refund if I apply to join CareShield Life?

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