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Is Dependants' Protection Scheme compulsory?
Coverage under the Dependants' Protection Scheme (DPS) is not compulsory. Insured members can contact their existing insurer, Great Eastern Life or NTUC Income, to terminate their DPS cover any time by completing the opt out form.
Members should consider the benefits of DPS carefully before he/she terminates his/her DPS cover. Continuing with the DPS cover will provide some financial protection for the member’s family. If members decide to rejoin DPS in the future, they will need to submit a health declaration again and the cover will be provided subject to them being in good health then.
This information is sourced from CPF.
Related questions
The Dependants’ Protection Scheme (DPS) policy is auto-issued to me. Why do I need to declare my health to be covered under DPS?
What is the Dependants' Protection Scheme?
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I am no longer a Singaporean or a Permanent Resident. What will happen to my Dependants' Protection Scheme cover?
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Can I terminate my Dependants' Protection Scheme cover?
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