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Part 2 · Careshield Life Scheme

5. Establishment of CareShield Life Scheme

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(1)

There is established a severe disability insurance scheme called the CareShield Life Scheme or CSHL Scheme to provide payments of an insured sum to an insured person when he or she becomes severely disabled, during the period in which he or she is insured under the CSHL Scheme.

(2)

It is the function of the Board to administer, on behalf of the Government, the provisions of this Act specified in Part 1 of the Second Schedule for the purposes of the CSHL Scheme.

(3)

The Minister may appoint a person other than a public authority as an Administrator to administer, on behalf of the Government, the provisions of this Act specified in Part 2 of the Second Schedule for the purposes of the CSHL Scheme.

Report

Part 3

Eldershield Scheme

Part 4

Benefits

Part 5

Premiums

Part 6

Claims and Payouts

Part 7

Recovery of Outstanding Premiums and Excess Payments

Part 8

Handling of Restricted Information

Part 9

Careshield Life and Eldershield Insurance Fund and Careshield Life Council

Part 10

Long-Term Care Support Fund

Part 11

Enforcement

Part 12

Miscellaneous

Part 13

Final Provision

Schedules