Singapore legislation
Regulation 11
of Care Shield Life and Long-Term Care (CSHL Scheme) Regulations 2020
Regulation 11
Obligation to pay premiums
Subregulation 1
For the purposes of section 14(1) of the Act, the insured person’s obligation to pay the premium in respect of an insurance period (P) ends when any of the following circumstances first occurs:
at the start of P if the insured person became entitled to the payment of an insured sum in any month during the insurance period immediately before P, unless paragraph (2) applies; (b)at the end of the insurance period in the year immediately after the 67th anniversary of the insured person’s birth, or if the individual became an insured person in or after the year in which the 59th anniversary of his or her birth occurs, at the end of 10 insurance periods starting in the year that he or she became an insured person;
the termination of insurance cover under regulation 7.
Subregulation 2
If the insured person ceases to be entitled to the payment of an insured sum in any month during the insurance period immediately before P (despite being earlier entitled to such payment during that same insurance period), the insured person must pay the premium in respect of P, unless —
his or her obligation to pay the premium has ended because of paragraph (1)(b) or (c); or
the insured person subsequently becomes entitled to the payment of an insured sum during the insurance period immediately before P.
Subregulation 3
Despite the end of an obligation to pay the premium in respect of P under paragraph (1)(a), (b) or (c), the insured person must pay any amount of premium that remains unpaid in respect of one or more insurance periods before P (including any interest, cost and penalty under sections 23(1)(a), 27(3) and 29 of the Act, respectively).
Subregulation 4
In this regulation, “P” does not include the first insurance period of the insured person’s insurance cover under the CSHL Scheme.