If I am eligible for the porting of my Home Protection Scheme cover, what is the sum assured that I am insured for and the period of cover?
If you are eligible for porting your previous Home Protection Scheme (HPS) cover, we will issue you a new cover based on the lower of:
- the remaining sum assured of your previous HPS cover or the outstanding loan for your new flat, and
- the remaining cover period of your previous HPS cover or the new cover period for the new flat.
The same terms and conditions for your previous HPS cover will continue to apply to your new HPS cover.