You can terminate your Home Protection Scheme (HPS) cover online using your Singpass.

 

Ensure that the below requirements are met, otherwise, your application will be rejected.

 

1. Should your co-owner(s) (if applicable) continue with HPS coverage, their total HPS share of cover must add up to at least 100% of the outstanding housing loan after the termination of your HPS cover.
2. You must not have an active arrangement to use CPF monies for the monthly instalment payments of your housing loan. You may check whether you have an ongoing monthly housing deduction arrangement for your housing loan via your Home ownership dashboard. If you have an active arrangement to use CPF monies for the monthly instalment of your housing loan, please stop your CPF monthly housing deduction arrangement before submitting your application to terminate your HPS cover. Learn more about how to stop your monthly deduction for your housing loan.

After being notified that your CPF monthly housing deduction arrangement has been stopped successfully (generally within three to five working days after application), you may submit your application to terminate your HPS cover. Alternatively, three to five working days after application, you may check your Home ownership dashboard to verify that your monthly housing deduction arrangement has been stopped successfully before applying to terminate your HPS cover.