Committee of Supply 2021 debate, Day 1: Derrick Goh on payment of insurance premiums

Support from the Monetary Authority of Singapore (MAS) in the form of a six-month moratorium on the payment of insurance premiums will end by Mar 31, said MP Derrick Goh in Parliament on Friday (Feb 26). He pointed out that there would be individuals who would not be able to resume their payments and be forced to terminate their policies, and asked if MAS could help those who would have to sell their policies get a fair value for them.