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Is the Dependent Protection Scheme a suitable substitute for Term Insurance?
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Yes though it is not enough usually.
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Elijah Lee
21 Mar 2023
Senior Financial Services Manager at Phillip Securities (Jurong East)
Hi Ronald,
DPS is a group term insurance. The cover is merely $70K, which in general is not a lo...
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I guess it can be a supplement because 70k may not be sufficient.