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Can I get any money back after my Dependants' Protection Scheme cover ends when I reach the age limit?
Dependants' Protection Scheme (DPS) is a term-life insurance scheme which does not include any saving or investment component. Hence, there is no cash back when the member's DPS cover expires at age 65.
This is because DPS is designed to provide members with the maximum financial protection at the lowest possible premium.
This information is sourced from CPF.
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