Can I reserve monies in my CPF Ordinary Account to pay the annual renewal premium for my Home Protection Scheme cover?
The monies in your CPF Ordinary Account (OA), including your incoming CPF contributions, will automatically be reserved up to a period of two months for the full Home Protection Scheme premium amount, when you do not have sufficient funds in your OA at the time of HPS cover renewal.
This information is sourced from CPF
Related questions
Can I use the monies in my CPF Special Account to pay the annual renewal premium for my Home Protection Scheme cover if I do not have sufficient savings in my CPF Ordinary Account?
Why are only certain individuals allowed to pay my Home Protection Scheme premium using their CPF Ordinary Account savings?
How do I pay the Home Protection Scheme premium?
Can I pay my Home Protection Scheme (HPS) premium by instalments?
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