CareShield Life and Long-Term Care (ElderShield Scheme) Regulations 2021
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
2 Application of these Regulations
Part 2 INSURANCE COVER AND RELATED PROVISIONS
3 Insurance period
4 Commencement of insurance cover
5 End of insurance cover
6 Cancellation of insurance cover
7 Termination of insurance cover
8 Reinstatement of insurance cover
8A Payment of goodwill sum
Part 3 PREMIUMS
Division 1 — General
9 Definitions for this Part
10 Obligation to pay premiums
11 Amount of premium
12 Transfer of moneys to pay shortfall in premium
Division 2 — Payment of premium by other person
13 Payment of premium
14 Approval of relevant CPF member to pay premium
15 Appointment of relevant CPF member to pay premium
16 Cancellation of approval or appointment upon written notice by relevant CPF member
17 Cancellation of approval or appointment by Board
Division 3 — Refund of premium
18 Refund on cancellation of insurance cover
19 Refund on termination of insurance cover
20 Refund of excess premium
21 Administration of refund by Board
Part 4 CLAIMS AND PAYOUTS
22 Insured sum
23 Refusal of claim due to severe disability arising from certain events or occurrences
24 Prescribed circumstances for suspension of payment
25 Prescribed period under section 19(3) of Act
26 Recovery of benefit paid in excess
27 Interest on benefit paid in excess