Posted at 04:52h
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Business
by Maria
The Dependent Protection Scheme (DPS) is an insurance scheme that aims to provide financial protection for the dependents of CPF members in case of their death or total permanent disability. The scheme was introduced by the Singapore government to help ease the financial burden of families who may lose their sole breadwinner.
In this comprehensive guide, we will take a deep dive into what is dependent protection scheme and provide you with all the information you need to understand the scheme, including its coverage, benefits, eligibility criteria, premiums, claims process, and more. By the end of this guide, you'll have a better understanding of how the DPS works and how it can benefit you and your family.
