In this pictorial guide, you will learn how to check your Dependents’ Protection Scheme (DPS) enrolment status. You will also be guided on how to apply for DPS coverage, opt-out manually, and re-opt into the term life insurance scheme.
What is the Dependants’ Protection Scheme (DPS)?
Governed by the Central Provident Fund (CPF), the Dependents’ Protection Scheme (DPS) is a
Term Life Insurance scheme. DPS seeks to offer financial support to your beneficiaries for the initial few years, upon unexpected events such as total permanent disability, terminal illness, and death. To walk you through the intricacies of DPS, we have prepared a comprehensive guide that you may access
here! Head over to our article to find out how you can check your DPS coverage status and make a nomination.
Who is eligible for DPS?
If you are a Singaporean or Permanent Resident between 21 to 65 years old, you are
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