How much premium do I need to pay to be covered under Dependants' Protection Scheme (DPS)?

Question

Accepted Answer

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.

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