Singapore legislation

Regulation 23

of Care Shield Life and Long-Term Care (CSHL Scheme) Regulations 2020

Regulation 23

Refund on termination of insurance cover

Amended byS 807/2021 wef 01/11/2021S 807/2021 wef 01/11/2021

Subregulation 1

Amended byS 807/2021 wef 01/11/2021

The Board may refund (without interest) from the Fund all premiums paid by or on behalf of the individual immediately before the date of termination referred to in regulation 7(1) or (2) (as the case may be) if —

(a)

no claim was accepted by the Administrator under section 16 of the Act before the date of termination; and

(b)

the insurance cover was terminated because of the death of the individual concerned, or the cessation of citizenship or permanent residency of Singapore, which occurred within a period of 60 days starting on the commencement date of the insurance cover, if the whole or any part of the premium for the first insurance period has been paid.

Subregulation 2

Amended byS 807/2021 wef 01/11/2021

Despite paragraph (1), where the insurance cover was terminated because of the death of the individual concerned, or the cessation of citizenship or permanent residency of Singapore but the conditions referred to paragraph (1)(b) are not satisfied, the Board may, with the Minister’s approval, refund (without interest) from the Fund the premiums mentioned in that paragraph in a particular case if —

(a)

no claim was accepted by the Administrator under section 16 of the Act before the date of termination; and

(b)

the Board is satisfied that there are extenuating circumstances for making such refund.