My family member is covered under the Dependants' Protection Scheme (DPS). Can I pay their DPS premium using my CPF savings?
No, your CPF savings cannot be used to pay your family member's Dependants' Protection Scheme (DPS) premium. This is to ensure that your CPF savings, which are generally meant to meet your retirement needs, are not depleted prematurely.
However, if you wish to help your family member, you may do so by paying their premium in cash directly to the appointed DPS insurer, Great Eastern Life (GEL). Visit GEL’s website for detailed instructions and forms.
However, if you wish to help your family member, you may do so by paying their premium in cash directly to the appointed DPS insurer, Great Eastern Life (GEL). Visit GEL’s website for detailed instructions and forms.
This information is sourced from CPF
Related questions
Do all CPF members need Dependants' Protection Scheme?
Why are some funds reserved in my CPF Ordinary Account for the Dependants' Protection Scheme premium?
How do I pay my Dependants' Protection Scheme premiums?
I am no longer a Singaporean or a Permanent Resident. What will happen to my Dependants' Protection Scheme cover?
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