Home ownership

Home Protection Scheme premium calculator

Calculate the premium of your Home Protection Scheme (HPS) cover.

The Home Protection Scheme (HPS) is a mortgage-reducing insurance that protects members and their families against losing their HDB flat in the event of death, terminal illness or total permanent disability. HPS insures members up to age 65 or until housing loans are paid up, whichever is earlier. 

You need to be insured under HPS if you are using your CPF savings to service your monthly housing instalments.

Important notes
  • HPS covers members who are between the ages of 21 and 65. 
  • This calculator only calculates premiums for new HPS applications. To obtain a calculation for HPS cover adjustments, please write to us.
  • The premiums shown are standard premium rates for illustration only. Actual premiums may vary for members with pre-existing health conditions.
  • All fields are mandatory unless marked optional.
To use this calculator, you will need:
  • Details of your home loan, such as the loan amount, loan term, and type of interest rate.
home ownership

Home Protection Scheme premium calculator

SGD
years
%

The total share of cover per household must be at least 100%.

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Home Protection Scheme premium calculator

Premium payment term

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Annual premium payable from your Ordinary Account

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Resources

Home Protection Scheme

Protect yourself and your family from losing your HDB flat in the event of death, terminal illness or total permanent disability.​

Learn more
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