Singapore legislation
Regulation 18
of Central Provident Fund (Home Protection Insurance Scheme) Regulations 2024
Regulation 18
Cancellation or termination of insurance cover for false or misleading statement, etc.
Subregulation 1
Paragraph (2) applies in the following circumstances: (a)a Scheme member has made or provided to the Board any statement or fact that is false or misleading in any material particular, or failed to disclose to the Board any material fact or circumstance; (b)that material particular, fact or circumstance, if known to the Board, might influence the Board as to whether the Scheme member should be insured under the Scheme (including being insured under an adjusted insurance cover or an insurance cover in respect of a second‑mentioned property mentioned in section 30(2) of the Act).
Subregulation 2
In the circumstances under paragraph (1), the Board may do any of the following:
terminate the Scheme member’s insurance cover, on which that person ceases immediately to be insured under the Scheme;
if the material particular, fact or circumstance mentioned in paragraph (1) is that the Scheme member was incapacitated on or before the date of commencement of the Scheme member’s insurance cover under the Scheme — cancel the Scheme member’s insurance cover, on which that person is deemed never to have been insured under the Scheme; (c)if the Board has adjusted the Scheme member’s insurance cover under the Scheme before, on or after 1 April 2024, and the material particular, fact or circumstance mentioned in paragraph (1) is that the Scheme member was not in good health on or before the date of commencement of the adjusted cover — cancel the adjusted cover, and reinstate the earlier insurance cover; (d)if the Board has issued the Scheme member’s insurance cover under the Scheme in respect of a second‑mentioned property mentioned in section 30(2) of the Act before, on or after 1 April 2024, and the material particular, fact or circumstance mentioned in paragraph (1) is that the Scheme member was not in good health on or before the date of commencement of that insurance cover — cancel the Scheme member’s insurance cover, and issue a new insurance cover under the Scheme in respect of that second‑mentioned property.
Subregulation 3
Where the Board has cancelled or terminated a Scheme member’s insurance cover under paragraph (2), the Board must, subject to any terms and conditions that it may impose, make the applicable refund.