I do not have a Dependants’ Protection Scheme (DPS) cover. Why do I need to declare my health to be covered under DPS?
As with any life insurance, the Dependants' Protection Scheme (DPS) cover may be declined or deferred if a member has serious pre-existing illnesses before policy commencement. This underwriting practice is necessary to ensure that the scheme remains viable and the premiums are kept affordable for all insured members.
The DPS insurer will not consider claims from a member who has serious pre-existing illnesses, or has given false or misleading statements or withheld relevant information in the health declaration.
Please refer to Great Eastern Life for more information on the examples of serious pre-existing illnesses that will affect your eligibility to be covered.