Despite having been writing for over 4 years now, there are still so many aspects of personal finance that Heartland Boy hardly pays notice or is simply ignorant of. Well, one of the benefits of being plugged into the personal finance community is the opportunity to plug the gap by learning from fellow bloggers. A recent article from Investment Stab on the CPF Home Protection Scheme (‘HPS’) inspired Heartland Boy to review his own HPS. After further online research and a quick discussion with his financial advisor, he successfully applied to be exempted from the CPF Home Protection Scheme. What Is the Home Protection Scheme (‘HPS’)? The Home Protection Scheme 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. (Source: CPF) Should any of these events occur to the life assured,...