HOME OWNERSHIP

Pay Home Protection Scheme premium shortfall

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Use this form to pay a Home Protection Scheme premium shortfall or set up automatic deductions from your Ordinary Account for co-owners’ premium shortfalls.

Home Protection Scheme (HPS) premiums are deducted from the Ordinary Account (OA). If OA funds are insufficient, the shortfall must be paid before HPS cover can be issued or renewed.

You can pay in two ways:

  1. Cash via PayNow:  For your own or any other person’s premium shortfall.
  2. Deduction from your OA:  For co-owners' premium shortfalls only. This sets up automatic deductions from your OA whenever your co-owners have premium shortfalls in the current or future years.

Important notes:

  • Ensure your bank’s daily transaction limit is sufficient before using PayNow.

To complete this form, you will need:

  • The NRIC number of the person you are paying the premium for.
  • Your banking app, payment app or authentication token if you are using PayNow.