If I am eligible for the porting of my Home Protection Scheme cover, what is the sum assured that I am insured for and the period of cover?
If you are eligible for porting your previous Home Protection Scheme (HPS) cover, we will issue you a new cover based on the lower of:
- the remaining sum assured of your previous HPS cover or the outstanding loan for your new flat, and
- the remaining cover period of your previous HPS cover or the new cover period for the new flat.
The same terms and conditions for your previous HPS cover will continue to apply to your new HPS cover.
This information is sourced from CPF
Related questions
How do I qualify for the porting of my previous Home Protection Scheme cover to my new property?
Can I choose to port my previous Home Protection Scheme (HPS) cover to my new flat instead of taking up a new HPS cover with premium loading?
Can I apply to port my Home Protection Scheme (HPS) cover to my new flat, instead of applying for a HPS cover?
What will happen if I am not eligible for a Home Protection Scheme cover?
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