How much premium do I need to pay to be covered under Dependants' Protection Scheme (DPS)?
The DPS premium payable yearly will be based on the age you have reached, at the point of payment.
|
Age (as of payment date)
|
Yearly Premium^ for $70,000 sum assured
|
|
34 years and below
|
$18
|
|
35 – 39 years
|
$30
|
|
40 – 44 years
|
$50
|
|
45 – 49 years
|
$93
|
|
50 – 54 years
|
$188
|
|
55 – 59 years
|
$298
|
|
60 - 64 years
|
$298 (for sum assured of $55,000)
|
^Premiums are payable on member’s DPS policy commencement date and on subsequent yearly policy renewal dates.
This information is sourced from CPF
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