Should I determine how much I should spend on insurance based on my take home salary before or after CPF deductions?

Hi Anon, I would suggest before.

Because even if I'm ill and cannot work, I may still want to continue contributing to CPF to make payments for the home, save for retirement, etc.

If I'm dead, then it was money that was meant to be there if I was alive.

It is part of my income and we plan our entire lives around our income. The food we eat, the clothes we wear, and the house that we live in is all based on our total income.

In my opinion I would suggest after CPF deductions. And it depends on what type of insurance product you are planning to buy.

Some insurance products can use CPF funds and some cant.

Im not a financial advisor so probably someone else in this forum can help you out better than I do :)​​​