I was born in 1979 or earlier and would like to opt out of CareShield Life. When will the premiums be refunded to my MediSave if I opt out?
You will not be able to opt out from CareShield Life after the applicable opt-out/free-look period. If you choose to opt out of CareShield Life within the applicable opt-out/free-look period, you will be given a full premium refund after one working day. If you were covered by ElderShield prior to your enrolment into CareShield Life, you will be automatically placed back onto your original ElderShield scheme.
You may view the refund made to your MediSave via Transaction History at cpf.gov.sg (Singpass login is required).
This information provided here is sourced from the MOH website.
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