Care Shield Life and Long-Term Care Act 2019 · 2020 Revised Edition · Part 6 · Claims and Payouts
19. Deferment or suspension of payment
Feedback & supportThe Board may defer or suspend, for such period or further period as the Board may determine, the payment of an insured sum under section 18 in the circumstances prescribed.
Board
“Board” means the Central Provident Fund Board constituted under section 3 of the CPF Act;
At the end of every period or further period of deferment or suspension (as the case may be) mentioned in subsection (1), the Board has to resume payment of the insured sum for the month immediately after the month in which the deferment or suspension ends and may restore the whole or any part of the insured sums payment of which was deferred or suspended, as directed by the Administrator.
insured sum
“insured sum” means a prescribed sum that is payable monthly to an insured person under the CSHL Scheme or ESH Scheme;
Where the payment of an insured sum has been deferred or suspended under subsection (1) for a continuous period exceeding a period prescribed and has to be deferred or suspended further, the Board may, instead of further deferring or suspending the payment, determine to stop payment entirely and request that the insured person make a new claim.
insured person
“insured person” means a person who is insured under the CSHL Scheme or ESH Scheme, as the case may be;