You need to apply to adjust your Home Protection Scheme (HPS) cover if:

1. Your loan repayment period or loan amount has increased for your housing loan taken with HDB or a bank: If you have extended the repayment period or taken out a larger loan, it is crucial to review your HPS cover. This ensures that you are adequately protected and that your share of the HPS cover is sufficient to pay your share of the outstanding loan in case of a claim.
2. Your share of responsibility in repaying the housing loan has changed: If there is a change in your share of responsibility for repaying the loan, it is necessary to adjust your HPS cover accordingly. This ensures that your coverage accurately reflects your current financial obligations.
3. You have taken a bank loan and have used cash to make a partial repayment of the housing loan: This ensures that your HPS cover is adjusted to align with your outstanding housing loan.

Please submit your application online using your Singpass to adjust your HPS cover. Your HPS cover would be adjusted based on the latest loan details as at application date. No backdated adjustments will be made.

If your HPS cover requires adjustment, the HPS premium will also be adjusted accordingly and we will issue you a new HPS cover.

Specifically, if you are increasing your HPS coverage due to an increase in loan repayment period, loan amount, or your share of cover, a new health declaration is required. If you are not eligible for the additional coverage, you may continue to be insured under the cover that was previously extended to you.