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Why is the premium for my new Home Protection Scheme (HPS) cover higher than my old HPS cover even though I have made a partial repayment of my loan?

Updated by CPF
Your Home Protection Scheme premium is higher than before because you had extended your repayment period to a longer tenure, after you made the partial repayment of your loan.
 
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This information is sourced from CPF.

Topics:

Home OwnershipProtecting against losing your home

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