Singapore legislation
Regulation 12
of Central Provident Fund (Dependants’ Protection Insurance Scheme) Regulations 2005
Regulation 12
Cessation of insurance cover
Subregulation 1
An insured person ceases to be insured under the Scheme if —
he or she has received payment of the insured sum on account of his or her incapacity;
he or she opts out of the Scheme; or
subject to regulation 9(2) and (3), the premium mentioned in regulation 4(1) has not been paid on or before the date for renewal of the insurance cover.
Subregulation 2
Where an insured person ceases to be insured under the Scheme by virtue of paragraph (1)(b) or (c), he or she may subsequently apply to the appointed insurer to be insured under the Scheme and the appointed insurer may grant the application subject to any terms and conditions that the appointed insurer may impose.