Here’s what you get with DPS.

How much you need to pay.

Depending on your age at your last birthday, the corresponding premium amount, based on the maximum sum assured of $46,000, will be deducted yearly from your CPF Ordinary Account and/or Special Account. The premiums are regardless of gender.

Age (years)Yearly premium payment
34 and below$36
35-39$48
40-44$84
45-49$144
50-54$228
55-59$260

Who this is for.

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Your policy toolkit.

You must be a CPF member and a Singapore Citizen or Permanent Resident aged between 16 and 59 years old.

Depending on your age at your last birthday, the corresponding premium amount, based on the maximum sum assured of $46,000, will be deducted yearly from your CPF Ordinary Account and/or Special Account. The premiums are regardless of gender.

Age (years)Yearly premium payment
34 and below$36
35-39$48
40-44$84
45-49$144
50-54$228
55-59$260

Your queries answered.

DPS is automatically extended to CPF members who are Singapore citizens or Permanent Residents, between age 21 and 60, when they make their first CPF working contribution.

To allow you to enjoy the DPS protection immediately, the CPF Board has deducted the annual premium from your CPF Ordinary or Special Account. However, you are required to declare your health conditions by completing the Health Declaration form that was enclosed in your DPS Welcome Package. Claims will not be admitted if you were suffering from serious illnesses before your policy commenced.

You will still be covered under DPS as DPS provides worldwide coverage.

We will notify you of the need to top-up via a top-up notice to stay insured if there are insufficient funds in your CPF account. Please ensure that you update us with your up-to-date mailing address to receive your DPS notifications.

DPS is an affordable term-life insurance scheme that provides insured members and their families with some money should the insured members pass away, suffer from Terminal Illness or Total Permanent Disability. DPS is an optional scheme which covers CPF members who are Singapore Citizens or Permanent Residents for a maximum sum assured of $46,000. The coverage is worldwide and insured members will be insured up to the end of the policy year during which they turn 60 years old.

The Home Protection Scheme (HPS) is a mortgage-reducing insurance, which insures CPF members and their families against losing their HDB flats in the event of death, Terminal Illness or Total Permanent Disability.

The best deals. Just for you.

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