My Responses To The Questions On The Dependants’ Protection Scheme (DPS) And Eldershield
A Reader has recently submitted these following questions (some of these have been edited for the purpose of this blog post) about the Dependants’ Protection Scheme and Eldershield: a) what happened to my Dependent Protection Scheme as I do not remember opting out b) how do I reinstate my Dependent Protection Scheme c) I would […]
My Heart-Felt Sympathies…
I would like to express my heart-felt sympathies to the two families (one of the family I do know personally) for the loss of their precious child (one is at the 30s and the other is just 22) The Family That I Know Personally… I know the child (younger than me by 7 years) and […]
Should You Keep Your Dependent Protection Scheme (DPS)?
This month is one of the few times in the year whereby some PolicyHolders get the letter from our company to notify that their Dependent Protection Scheme or DPS is due for renewal and that they should make sure that their CPF-Ordinary and/or Special account still has sufficient fund to pay for the premiums. The […]
Are You Sure You Are Still Covered Under DPS?
It was two days ago that I received an email comment on one of my earlier posts on the topic of Dependants’ Protection Scheme (DPS) and in it I was asked to provide some advice on why a passed-on family member may not be covered by DPS when it’s obvious that there’s enough CPF money in […]
Do You Terminate Your DPS And Eldershield Because Of The Premiums?
There is still a strong sign of Singaporeans terminating their Dependent Protection Scheme and Eldershield simply because of these reasons: 1. If I do not die, be permanently incapacitated before the age of 60 (for the case of DPS) or unable to commit to at least 3 out of the daily 6 activities (for the case […]