Dependants' Protection Scheme

What is the Dependants’ Protection Scheme (DPS)?

DPS is a term-life insurance scheme that’s 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 Illness¹ and Total Permanent Disability².

Download brochure

Terms & conditions

Frequently asked questions

Claims

Print this

Key benefits

Affordable yearly premiums

From as low as S$18 annually

Protection up to age 65

Includes coverage for members above age 60 and up to age 65, with sum assured up to S$55,000

Automatic renewal

A notification will be sent to you 1 month before your renewal date

Your premiums can be paid using your CPF savings. 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.

Eligibility

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. Information Leaflet and Terms and Conditions

Make a nomination

DPS was created to protect your loved ones against the possibility of something unforeseen happening to you. Nominate a dependant who you think will be severely impacted by your absence – your spouse, children, parents etc.

For existing DPS customers with prior nominations

If your previous DPS nomination was done with NTUC Income, you will be required to make a new one. For existing DPS customers under Great Eastern Life, your prior nominations will remain effective.

For DPS customers with no prior nominations

Nominate a dependant/s. This determines who the beneficiary to your DPS policy will be in the event of your death.

Mail the completed hardcopy form to the following address:

The Great Eastern Life Assurance Company Limited

1 Pickering Street

#01-01 Great Eastern Centre

Singapore 048659

Download the nomination form

Declaration of health condition

Existing Policyholders

Members currently insured under DPS do not need to submit a new Health Declaration form for illnesses that developed on or after the commencement of their DPS coverage. This applies to insured members who are already with Great Eastern Life and those who have already transferred their policies from NTUC Income.

However, should members have undeclared pre-existing illnesses that existed before the original commencement date of their DPS policy, they should inform Great Eastern Life by submitting a new health declaration.

New Joiner / Applicant

If you are a new joiner or applicant, eligibility for a DPS cover is subject to you being in good health at the point of policy commencement. You must declare and fully disclose all information regarding your health, including but not limited to:

All your past and current illnesses
Any surgery/treatment medical tests that you’ve undergone or will be undergoing
Any physical or mental impairment.

Otherwise, your future claims may be affected and your insurance policy may not be valid.

Download the health declaration form

How you can apply

CPF members aged 16 and above who were not extended DPS coverage automatically but wish to be insured can apply for DPS directly with Great Eastern Life.

To apply, you can:

Download the Proposal form and return the completed form to us together with a copy of your NRIC.
Or get in touch with your Financial Representatives
Or drop by our Customer Service Centre so we can assist you with your application:

1 Pickering Street, #01-01 Great Eastern Centre, Singapore 048659.

Download the proposal form

Renewing Your DPS Policy

A renewal notification will be sent to you 30 days before your renewal date. You have a grace period of 60 days from the renewal date to make payment. Payment can be made via CPF, GIRO or other methods such as e-banking, AXS, cash or cheque.

If the deduction from your CPF / GIRO account is unsuccessful, an unsuccessful deduction notification will be sent to you. If you would like to request to re-deduct from your CPF account, please download the Reinstatement/Top-Up Form and email it to us at dps-sg@greateasternlife.com.

To change the payment method for your DPS policy, please download the Change Payment Method & Authorisation Form and email the completed form to us at dps-sg@greateasternlife.com.

Considering Opting Out of DPS?

Most members choose to keep the DPS policy and keep their families protected. If you decide to re-join DPS in the future, you will need to submit a health declaration again and the cover will be provided subject to you being in good health then.

To opt out, please download the Opt-Out Form and email the completed form to us at dps-sg@greateasternlife.com.