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Can I terminate my Dependants' Protection Scheme cover?

Updated by CPF
Coverage under the Dependants' Protection Scheme (DPS) is not compulsory. You can terminate your DPS cover any time by completing the opt out form. Please approach your DPS insurer, Great Eastern Life for the form.
 
Please consider the benefits of DPS carefully before you terminate your DPS cover. Continuing with your DPS cover will provide some financial protection for your family. If you decide to join DPS again in the future, you will need to submit a health declaration again and the cover will be provided subject to you being in good health then.

This information is sourced from CPF.

Topics:

Account ServicesInsuring to protect your dependants

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