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Dependants' Protection Scheme: How It Works, Bequest & More

Here's an insurance policy that most Singaporean adults and permanent residents didn't know they have - Dependants' Protection Insurance. In this short article, we run through the basics of how this CPF-related scheme works and how to benefit from it.

What is Dependants’ Protection Scheme?

Dependants' Protection Scheme (DPS) is a term life insurance scheme that provides basic financial protection for you and your family in the event of death, terminal illness or total permanent disability. DPS is administered by Great Eastern Life and can be paid using your CPF savings.

  • A DPS claim can be made by your next of kin upon your demise or if you’re certified to be suffering from terminal illness or total permanent disability

Before 60 years old, you are insured a sum of up to S$70,000. After that and up to 65 years old, you are insured a maximum sum of S$55,000. The policy ends when you turn 65 years old.

Who is eligible for DPS?

You are automatically included upon your first CPF working contribution if you're a Singapore Citizen (SC) or Permanent Resident (PR) between age 21 and 65.


  • DPS is not compulsory. You can choose to terminate.

  • How much you pay for your DPS depends on your age. The premium can range from $18-$298 per year.

Check here for how much you are paying for your DPS and here for the benefits you are getting.

What happens to my DPS when I die?

CPF will inform the insurer and if a DPS nomination has been made, the insurer will send the claim application details to the assigned nominee(s).

In the absence of a DPS nomination, the details will be sent to your correspondence address. Your family can also make a claim directly by submitting an application to the insurer. The pay out will be given to the deceased's estate and be distributed either based on your will or intestacy law.

  • Note: DPS is previously administered by NTUC Income. If your previous DPS nomination was done with NTUC Income, you will be required to make a new one.


Need help consolidating or sorting out your insurance affairs, find and compare financial consultants via our Insurance Marketplace.


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Others in the CPF-related Series


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Disclaimer: Nothing in this article or site should be construed as providing legal advice, financial advice or advice of any sort. The information provided are general in nature and may become inaccurate over time. Please consult a professional for advice.

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