Scheduled maintenance: Long-term care insurance information on Healthcare Dashboard is unavailable from 26 April 2024, 8pm to 28 April 2024, 11.30pm for upgrades.

Scheduled maintenance: CPF digital services will not be available on 28 Apr 2024, from 12am to 6am.

Scheduled maintenance: Long-term care insurance information on Healthcare Dashboard is unavailable from 26 April 2024, 8pm to 28 April 2024, 11.30pm for upgrades.

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What are the types of insurance policies that are not accepted for exemption from Home Protection Scheme?

The following are examples of the types of policies that are not accepted for Home Protection Scheme (HPS) exemption purposes:

  • Policies that are assigned or pledged as collateral
  • Policies under section 73 of the Conveyancing Law And Property Act (Cap. 61) or under any irrevocable nomination/trust arrangement
  • Policies with loans attached
  • Non-life insurance policies, such as business insurance policies, legacy insurance policies, health insurance policies or general insurance policies (e.g. personal accidental, fire or home contents policies)
  • Policies that are priced in foreign currencies
  • Policies from insurance companies that are not licensed by the Monetary Authority of Singapore, and
  • Group policies that are not portable.