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Anonymous

09 Mar 2020

∙

Are you covered under DPS, why or why not? Should I continue or cancel it off?

Even though premiums deducted from CPF are not alot, but still feel that it's an additional cost.

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Geraldo L.

09 Mar 2020

Currently yes, due to the automatic enrollment. The costs becomes less competitive compared to term insurance plans as you grow older, so I will probably switch over to a term plan during a later stage for more effective cost coverage.

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Davin

09 Mar 2020

I withdraw from the DPS as its actually not cheap if you compare the premium vs coverage. And I do have my personal insurance and the coverage is sufficient.

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Pang Zhe Liang

09 Mar 2020

Lead of Research & Solutions at Havend Pte Ltd

Dependents' Protection Scheme (DPS) is one of the affordable term insurance policies on the market. ...

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