Why is the validity period of the premium discounts capped at 12 months?

Question

Accepted Answer

Once the premium discounts have been redeemed, they are valid for a period of 12 months. The discounts will automatically apply to the policyholder’s premium payment at the next MediShield Life policy renewal, which takes place every 12 months.

Why is the validity period of the premium discounts capped at 12 months?

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