Hps insurance? - Seedly
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Rajeev Nair

Asked 2w ago

Hps insurance?

Once you move to a private bank loan is the hdb hps insurance still applicable or do I need to buy a new one

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You can keep your coverage with HPS. HPS is mandatory as long as you are using your CPF to pay for your housing loan, whether it is from banks or HDB. If you are switching to a bank loan, you may need to update your cover with CPF if the loan amount or repayment period has changed.

Alternatively, you can take up coverage with private insurers and apply to be exempted from HPS.

1
ūüĎć
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Rajeev Nair

2w ago

Thanks for that Nicholas. Appreciate your support
Thank You!
Can you clarify
I wonder if
This is so helpful ūüĎć
What about
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