What are the Additional Withdrawal Limits?
The Additional Withdrawal Limits (AWLs) refer to the amount of MediSave Singapore Residents can use to pay for the additional private insurance coverage component of their Integrated Shield Plan (IP) premiums (see Diagram below for illustration).
The AWLs apply to all IPs and differ by age, as follows:
· $300 for those with age next birthday 40 and below;
· $600 for age next birthday 41 to 70; and
· $900 for age next birthday 71 and above
Related questions
How were the Additional Withdrawal Limits determined?
Can the Government allow us to use more of our MediSave to pay for our Integrated Shield Plan (IP) premiums? Why aren’t withdrawal limits sized such that IP policyholders do not experience cash outlay for their IP premiums?
What are Additional Withdrawal Limits (AWLs) for Integrated Shield Plan (IP) premiums?
Why is there Additional Withdrawal Limit (AWL) for Integrated Shield Plan (IP) premiums?
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