The Dependants’ Protection Scheme (DPS) premium will be automatically deducted from your CPF savings when DPS coverage is first extended to you upon a valid CPF working contribution, and subsequently on your annual policy renewal date.
If your available CPF savings are insufficient for the full sum assured
Partial premiums will be deducted from your CPF savings, and the sum assured will be reduced proportionately (minimum sum assured is $5,000). If you wish to restore to full coverage, you will be required to make a cash top-up to the appointed insurer, Great Eastern Life (GEL). Visit
GEL’s website for detailed instructions and forms.
If your available CPF savings are insufficient for the minimum sum assured
A full cash top-up to the appointed DPS insurer, GEL, will be required. Visit
GEL’s website for detailed instructions and forms.
To ensure your DPS coverage is renewed in a timely manner, you may wish to consider paying your DPS premiums in cash via GIRO. To set up GIRO payments, please refer to “How do you stay covered under DPS” on
GEL’s website.
