You should insure yourself under the Dependants’ Protection Scheme (DPS), an optional term insurance scheme which covers members for an insured sum of $46,000 up to age 60.
This scheme provides CPF members and their families with some money to tide them over the initial years should the insured members become physically/mentally incapacitated or die. The claim will be paid to the insured member if he becomes physically/mentally incapacitated or to his family members or appointed beneficiaries through the deceased's estate upon his death.
Find out more about DPS here
for information on your DPS cover.