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. The 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.

For more information on DPS, please click here. 

Click here for information on your DPS cover.