Singapore legislation
Schedule 4
of Central Provident Fund (Home Protection Insurance Scheme) Regulations 2024
Schedule 4
Applicable refund
FOURTH SCHEDULERegulation 24(1)Applicable refundFirst columnSecond columnThird columnFourth columnRegulation to which applicable refund relatesAmount for SP coverAmount for AP coverRelevant date1.Regulation 7(2)(b)Surrender value of SP cover on the relevant date—Date of the cessation of the insurance cover under regulation 7(1)2.Regulation 14(1)(b)Surrender value of SP cover on the relevant dateProportion of the premium for the policy year in which the AP cover ceases that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant dateDate of the cessation of the insurance cover under regulation 14(1)(a)3.Regulation 15(1)(b)Surrender value of SP cover on the relevant dateProportion of the premium for the policy year in which the AP cover ceases that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant dateDate of the cessation of the insurance cover under regulation 15(1)(a)4.Regulation 16(3)Surrender value of the SP cover on the relevant dateProportion of the premium for the policy year in which the AP cover ceases that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant dateRelevant date under regulation 16(2)5.Regulation 17(1)Surrender value of the SP cover on the relevant dateProportion of the premium for the policy year in which the AP cover ceases that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant dateDate of the cessation of the insurance cover by virtue of section 30(2) of the Act6.Regulation 18(3), in relation to termination under regulation 18(2)(a)(a)Surrender value of the SP cover on the relevant date; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount mentioned in paragraph (a) had been standing to the credit of the Scheme member’s account in the Fund(a)Proportion of the premium for the policy year in which the AP cover ceases that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant date; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount mentioned in paragraph (a) had been standing to the credit of the Scheme member’s account in the FundDate of termination of the insurance cover under regulation 18(2)(a)7.Regulation 18(3), in relation to cancellation under regulation 18(2)(b), (c) or (d)(a)An amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount of the premiums had been standing to the credit of that Scheme member’s account in the Fund(a)An amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount of the premiums had been standing to the credit of that Scheme member’s account in the Fund—8.Regulation 19(3)(b), in relation to cancellation under regulation 19(3)(a)(a)An amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount of the premiums had been standing to the credit of that Scheme member’s account in the Fund(a)An amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount of the premiums had been standing to the credit of that Scheme member’s account in the Fund—9.Regulation 19(3)(b), in relation to termination under regulation 19(3)(a)(a)Surrender value of the SP cover on relevant date; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount mentioned in paragraph (a) had been standing to the credit of the CPF member’s account in the Fund(a)Proportion of the premium for the policy year in which the AP cover is terminated that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant date; and
the whole or any part, that the Board may determine, of the interest that would have been payable if that amount had been standing to the credit of the CPF member’s account in the FundDate of the termination of the insurance cover under regulation 19(3)(a)10.Regulation 20(2), in relation to cancellation under regulation 20(1)(c)(a)An amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount of the premiums had been standing to the credit of that Scheme member’s account in the Fund(a)An amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount of the premiums had been standing to the credit of that Scheme member’s account in the Fund—11.Regulation 20(2), in relation to termination under regulation 20(1)(d)Surrender value of the SP cover on relevant dateProportion of the premium for the policy year in which the AP cover is terminated that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant dateDate of the termination of the insurance cover under regulation 20(1)(d)12.Regulation 22(1)(a)(a)The amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount mentioned in paragraph (a) had been standing to the credit of that Scheme member’s account in the Fund(a)The amount of all the premiums paid by the Scheme member for the insurance cover, as determined by the Board; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount mentioned in paragraph (a) had been standing to the credit of that Scheme member’s account in the Fund—13.Regulation 22(1)(b)(a)Surrender value of the SP cover on relevant date; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount mentioned in paragraph (a) had been standing to the credit of the Scheme member’s account in the Fund(a)Proportion of the premium for the policy year in which the AP cover is terminated that corresponds to the unexpired portion of the cover in the policy year, calculated with reference to the relevant date; and
the whole or any part, that the Board may determine, of the interest that would have been payable if the amount mentioned in paragraph (a) had been standing to the credit of the Scheme member’s account in the FundDate of death or incapacity of the Scheme member, as the case may be