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Mr Lee, aged 45 years, purchased a Medical Insurance policy with the following breakdown in the policy premium: (i) MediShield Life component = S$1,000 (ii)

Mr Lee, aged 45 years, purchased a Medical Insurance policy with the following breakdown in the policy premium:

(i) MediShield Life component = S$1,000

(ii) Integrated Shield Plan by private insurer = S$700

Calculate the amount of premium payable by cash.

A. S$100

B. S$700

C. S$1,000

D. S$1,700

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