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Is the Dependent Protection Scheme a suitable substitute for Term Insurance?

Is the Dependent Protection Scheme a suitable substitute for Term Insurance?

Discussion (9)

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I guess it can be a supplement because 70k may not be sufficient.

Yes though it is not enough usually.

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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