Anonymous

23 Nov 2020

∙

The Dependants' Protection Scheme has a premium of $36 but I'm thinking of opting out of it till 45 since I have term insurance. Don't like being auto-enrolled. Wrong move?

I just feel like I'm not using the Dependants' Protection Scheme anyway.

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Jiayee

23 Nov 2020

Salaryman at some company

The scheme is revised. Check out https://blog.seedly.sg/dependants-protection-sc... it will be $18!

Based on the revised scheme, I may actually pull out at age 45 since there is still a significant premium jump there.

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