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Why not extend premium payment for life for CareShield Life, like MediShield Life?

Updated by MOH

Lengthening the premium payment duration by bringing down the start age to age 30 and extending the end age to 67 is sufficient to improve CareShield Life premium affordability, while still keeping premium payment largely during one’s working years.

This information is sourced from MOH.

Topics:

CareShield LifeCareShield Life Premiums and Government Support

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Why was the premium payment term extended to age 67?

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