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DPS

My Responses To The Questions On The Dependants’ Protection Scheme (DPS) And Eldershield

November 12, 2013 By Dexter Chan Leave a Comment

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 […]

Filed Under: Insurance Tagged With: CPF, Dependent Protection Scheme, DPS, Eldershield, Eldershield Supplements

Do You Need To Cancel Your Insurance Policies When Overseas Or Migrated?

October 24, 2012 By Dexter Chan Leave a Comment

I have been asked a few times on whether there’s a need to cancel all insurance policies when one decides to work overseas a few years or to migrate (and never come back)… My general reply to them is “No” but unless you really know what’s going on and you have more or less balance […]

Filed Under: Financial Planning Tagged With: DPS, Eldershield, Exclusions, Financial Security, Financial Stability, Insurance Benefits, Insurance Coverages, Insurance Plans, Premium Loading, Premium Rates, Standard Health

Are You Sure You Are Still Covered Under DPS?

March 13, 2012 By Dexter Chan Leave a Comment

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 […]

Filed Under: Financial Planning Tagged With: CPF, Dependent Protection Scheme, DPS, Eldershield, Financial Planning, Life Insurance Coverage, Medishield, Term Insurance

My Heart-Felt Sympathies…

March 5, 2010 By Dexter Chan Leave a Comment

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 […]

Filed Under: Insurance Tagged With: Dependent Protection Scheme, DPS, Life Insurance, Sympathies, Term Insurance, Unexpected

What Are Those Insurance Plans All About – Part #1

February 9, 2010 By Dexter Chan Leave a Comment

(All About Life Insurance Related – Whole Life, Term and Group Term) This post and the continuous ones will form the basis of all the past and current insurance plans out in the market and I hope this will give you a better understanding of the structure of plans that you may have in your […]

Filed Under: Insurance Tagged With: Decreasing Term, DPS, Group Term, Insurance Definition, Level Term, Limited Premium Term, Term Insurance, Whole Life

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Disclaimer:

All postings are personal views and opinions of Dexter Chan and meant solely for educational or informational purposes and not to be taken as formal advice.

Please contact a qualified / accredited person or organization whom is capable of answering your questions about the respective topics you are keen to find out in further details.

Certain information may change from time to time and may not be true or updated by the time you come across it here.

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