What will happen to my Single Premium Home Protection Scheme cover if I change my share of cover but there are no changes to my outstanding housing loan?
If you have changed your share of Home Protection Scheme (HPS) cover without making any changes to your outstanding housing loan, you will remain covered under the Single Premium (SP) HPS.
 
Once the adjustment is approved, your SP HPS cover will be adjusted accordingly to the new percentage declared. However, please note that any increase in your HPS coverage is subject to approval and you being in good health.

Was this article helpful?