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Dominique Lee

BSc in Finance at Singapore University of Social Sciences

18 Apr 2019

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I am currently a student and I have some CPF savings, however, my CPF contributions are irregular depending on jobs. Should I cancel my DPS and only take it up when I've started working again?

AMA SG Young Investment

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Ck Chai

27 Nov 2018

Do not cancel DPS, the premium is just $36/year for 34 years old and below, and is deducted from your CPF only. DPS is a term insurance whereby benefit will be paid out to insured members and their families should the insured members pass away or suffer from Terminal Illness or Total Permanent Disability. It serves as a basic protection.

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Mimi Jasman

26 Nov 2018

Customer Service Officer at DHL PTE LTD

Never ever cancel or terminate your dpS! It is good to have and it is auto once u start working and have a cpf deduction.

No cash is being use when u are working part time. It doesn’t cost much too!

Jiaoyou!

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Jason Sing

26 Nov 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

Never cancel your DPS, especially if you don't have any other term or whole life insurance.
The Depe...

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