DPS is a term-life insurance – created to protect you and your loved ones, should the unforeseen happen to you.
DPS coverage is automatically extended to all working Singapore Citizens or Permanent Residents, upon a valid CPF working contribution between the age of 21 and 65. It provides coverage against Death, Terminal Illness  and Total Permanent Disability .
What DPS covers you for:
Your premiums can be paid using your CPF Ordinary and/or Special Account. As long as you have sufficient funds, no out-of-pocket cash is required. The premium will be deducted yearly based on your attained age for the maximum sum assured of S$70,000 up to the end of the policy year during which you turn 60 years old. After which, your maximum sum assured is S$55,000 up to the end of the policy year during which you turn 65 years old.
One month before your renewal date, a notification letter will be sent to you. If there are insufficient funds in both accounts for a minimum cover of S$5,000, we will also notify you and no premium will be deducted from your CPF account. You may then choose to make payment through other methods available.
|Age (Last Birthday)||Yearly Premium||Sum Assured|
|34 years and below||S$18||S$70,000|
|35 – 39 years||S$30|
|40 – 44 years||S$50|
|45 – 49 years||S$93|
|50 – 54 years||S$188|
|55 – 59 years||S$298|
|60 – 64 years||S$298||S$55,000|
- You must be a CPF member
- You must be a Singapore Citizen or Permanent Resident
- You must be between 16 and 65 years old. If you are 21 years old & above when you made your first CPF contribution, you will be automatically covered. Otherwise, you can apply directly with us. If you would like to apply for DPS, please click here.
You may download the following documents for more information on Dependants’ Protection Scheme.
CPF members aged 16 and above who were not extended a DPS cover automatically but wish to be insured can apply for DPS directly with Great Eastern Life.
To apply, you can:
Drop by our Customer Service Centre and we can assist you in your application:
1 Pickering Street, #01-01 Great Eastern Centre, Singapore 048659.
What are the changes to DPS from 1 April 2021?
Great Eastern Life is appointed the sole insurer for DPS. There is an increase of sum assured from S$46,000 to S$70,000...
How much do I need to pay to be covered under the new Dependants’ Protection Scheme (DPS) from 1 April 2021, as opposed to the existing premium structure?
The amount of premium you need to pay for a DPS cover depends on your age at your last birthday...
I have been insured under DPS for many years. Do I still need to make a health declaration now that Great Eastern Life is the sole administrator of DPS from 1 April 2021?
As with any life insurance, DPS cover may be declined or deferred if a member has serious pre-existing illnesses...