Beware of scam calls and scam messages impersonating as CPF officers asking for your personal details. Ignore them and do not share your Singpass ID/password or banking details with anyone. CPF officers will NOT ask for your Singpass, banking userid or password.
Scheduled Maintenance: CPF digital services will not be available on 4 Dec 2022, from 12am to 8am.
Maintenance: CPF digital services are not available on 22 Nov 2022 from 12.30pm to 2.30pm. You may access CPF Mobile app.
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* 1) The sum assured of an MRTA/decreasing term policy will reduce periodically in accordance with the policy term and interest rate stated in the policy contract. Please ensure that the reducing sum assured is sufficient to cover the outstanding housing loan, in the event of the applicant’s death, TI or TPD, until the end of the housing loan term or until the applicant turns age 65, whichever is earlier.
2) The mortgage rate of an MRTA/deceasing term policy must be equivalent or higher than the highest interest rate of the housing loan. For HDB concessionary loan, a mortgage rate of 3% is assumed. For HDB market rate loan and bank loan, a mortgage rate of 4% is assumed.