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About
ElderShield
Premium Subsidy for 10-Year Premium Plan
Entry
age
(as at 30 Sep 02)
 |
10-Year
Premium |
Subsidy
amount |
Subsidised
premiums |
Years
of Subsidy |
Male |
Female |
Male |
Female |
Male |
Female |
|
56 |
394.76 |
519.42 |
139.00 |
182.00 |
255.76 |
337.42 |
1 |
|
57 |
404.11 |
531.89 |
142.00 |
187.00 |
262.11 |
344.89 |
2 |
|
58 |
415.53 |
545.39 |
146.00 |
191.00 |
269.53 |
354.39 |
3 |
|
59 |
425.92 |
559.93 |
150.00 |
196.00 |
275.92 |
363.93 |
4 |
|
60 |
438.39 |
574.47 |
154.00 |
202.00 |
284.39 |
372.47 |
5 |
|
61 |
449.82 |
590.06 |
158.00 |
207.00 |
291.82 |
383.06 |
6 |
|
62 |
463.32 |
607.72 |
163.00 |
213.00 |
300.32 |
394.72 |
7 |
|
63 |
477.86 |
625.38 |
168.00 |
219.00 |
309.86 |
406.38 |
8 |
|
64 |
492.40 |
644.08 |
173.00 |
226.00 |
319.40 |
418.08 |
9 |
|
65 |
509.03 |
664.86 |
179.00 |
233.00 |
330.03 |
431.86 |
10 |
|
66 |
525.65 |
685.63 |
184.00 |
240.00 |
341.65 |
445.63 |
10 |
|
67 |
544.35 |
709.53 |
191.00 |
249.00 |
353.35 |
460.53 |
10 |
|
68 |
564.08 |
735.50 |
198.00 |
258.00 |
366.08 |
477.50 |
10 |
|
69 |
584.86 |
762.50 |
205.00 |
267.00 |
379.86 |
495.50 |
10 |
| Notes: |
| - |
Premiums shown above
are inclusive of 7% GST. |
| - |
This plan is only applicable
to Singaporeans aged 56 to 69 (as at 30 September
2002). |
| - |
Only Singaporeans aged 56 to
69 (as at 30 September 2002) are eligible for the
subsidies. |
| - |
Premium subsidies would apply
at the start of each policy year with year 2002 as
Year 1, and the number of years of subsidies would
vary by entry age. For example, for a 60 year-old
female under this plan, the premium subsidies will
last 5 years and she will pay only $372.47 for each
of the first 5 years under ElderShield. From 2007
(the 6th policy year) onwards, she will have to pay
the full premium of $574.47. |
Premium Subsidy for Regular Premium Plan
Entry
age
(as at 30 Sep 02)

|
Regular
premium |
Subsidy
amount |
Subsidised
premiums |
Years
of Subsidy
|
|
Male |
Female |
Male |
Female |
Male |
Female |
|
56 |
394.76 |
519.42 |
139.00 |
182.00 |
255.76 |
337.42 |
1 |
|
57 |
436.31 |
576.55 |
144.00 |
191.00 |
292.31 |
385.55 |
2 |
|
58 |
488.25 |
648.24 |
142.00 |
188.00 |
346.25 |
460.24 |
3 |
|
59 |
554.74 |
739.65 |
150.00 |
200.00 |
404.74 |
539.65 |
4 |
|
60 |
643.04 |
861.19 |
155.00 |
207.00 |
488.04 |
654.19 |
5 |
|
61 |
764.58 |
1,030.53 |
184.00 |
248.00 |
580.58 |
782.53 |
5 |
|
62 |
946.38 |
1,284.00 |
275.00 |
373.00 |
671.38 |
911.00 |
4 |
|
63 |
1,247.64 |
1,703.69 |
437.00 |
597.00 |
810.64 |
1,106.69 |
3 |
|
64 |
1844.97 |
2540.99 |
757.00 |
1042.00 |
1087.97 |
1498.99 |
2 |
| Notes: |
| - |
Premiums shown above
are inclusive of 7% GST. |
| - |
Only Singaporeans aged 56 to
69 (age as at 30 September 2002) are eligible for
the subsidies. |
| - |
Premium subsidies would apply
at the start of each policy year with year 2002 as
Year 1. The number of years of subsidies would vary
by entry age. For example, for a 60 year-old female
under this plan, the premium subsidies will last 5
years and she will pay only $654.19 for each of the
first 5 years under ElderShield. From 2007 (the 6th
policy year) onwards, she will have to pay the full
premium of $861.19. |
Premium Subsidy for Single Premium Plan
Entry
age
(as at 30 Sep 02)

|
Regular
premium |
Subsidy
amount |
Subsidised
premiums |
|
Male |
Female |
Male |
Female |
Male |
Female |
|
56 |
3,094.69 |
4,197.93 |
124.00 |
168.00 |
2,970.69 |
4,029.93 |
|
57 |
3,149.75 |
4,284.15 |
284.00 |
386.00 |
2,865.75 |
3,898.15 |
|
58 |
3,205.85 |
4,371.42 |
417.00 |
569.00 |
2,788.85 |
3,802.42 |
|
59 |
3,262.98 |
4,460.76 |
620.00 |
848.00 |
2,642.98 |
3,612.76 |
|
60 |
3,322.19 |
4,552.18 |
765.00 |
1,048.00 |
2,557.19 |
3,504.18 |
|
61 |
3,381.40 |
4,646.71 |
913.00 |
1,255.00 |
2,468.40 |
3,391.71 |
|
62 |
3,442.70 |
4,742.28 |
1,137.00 |
1,565.00 |
2,305.70 |
3,177.28 |
|
63 |
3,505.03 |
4,842.01 |
1,332.00 |
1,840.00 |
2,173.03 |
3,002.01 |
|
64 |
3,568.40 |
4,942.78 |
1,535.00 |
2,126.00 |
2,033.40 |
2,816.78 |
|
65 |
3,631.76 |
5,046.66 |
1,744.00 |
2,423.00 |
1,887.76 |
2,623.66 |
|
66 |
3,696.18 |
5,153.66 |
1,812.00 |
2,526.00 |
1,884.18 |
2,627.66 |
|
67 |
3,760.58 |
5,261.70 |
1,843.00 |
2,579.00 |
1,917.58 |
2,682.70 |
|
68 |
3,826.03 |
5,373.89 |
1,875.00 |
2,634.00 |
1,951.03 |
2,739.89 |
|
69 |
3,890.43 |
5,487.13 |
1,985.00 |
2,799.00 |
1,905.43 |
2,688.13 |
| Notes: |
| - |
Premiums shown above
are inclusive of 7% GST. |
| - |
Only Singaporeans aged 56 to
69 (age as at 30 September 2002) are eligible for
the subsidies. |
| - |
Under this plan, a one-time subsidy
was provided for those Singaporeans who paid for their
premiums in September 2002. |
|
|