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I am currently covered under the Home Protection Scheme (HPS) at standard premium rates. Will my premium increase after the introduction of premium loading?
There will be no impact on your Home Protection Scheme (HPS) premiums. Your HPS premium will remain the same.
This information is sourced from CPF.
Related questions
If my health condition is such that I am offered a Home Protection Scheme cover with premium loading, is it compulsory to take up this cover?
Will I continue to be covered under the same premium rates for my existing Home Protection Scheme cover if I have developed new health condition(s) after my cover has been issued to me?
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Why is the premium for my new Home Protection Scheme (HPS) cover higher than my old HPS cover even though I have made a partial repayment of my loan?
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What will happen to my Single Premium Home Protection Scheme cover if I change my share of cover but there are no changes to my outstanding housing loan?
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