#10

CPF Dependants' Protection Scheme (DPS — Administered by Great Eastern)

~S$18/yr ref(S$18)

Should this item rank higher or lower?

–

CPF Dependants' Protection Scheme (DPS — Administered by Great Eastern) by Great Eastern Life Singapore delivers pure term life protection (CPF OA/SA Payable Baseline Term (S$70,000)) with online/advised cover up to S$70,000 and ~S$18/yr benchmark cost.

Source: Great Eastern Life Singapore

Also Ranks On

View canonical entity profile (1 lists) →

Explore all rankings and community verdicts for CPF Dependants' Protection Scheme (DPS — Administered by Great Eastern) on its canonical entity profile.

Key Metrics

Insurer

Great Eastern Life Singapore

Term Structure

CPF OA/SA Payable Baseline Term (S$70,000)

Max Sum Assured

S$70,000

Campaign Discount

: 100% payable using CPF Ordinary or Special Account funds ($0 cash outlay)

Benchmark Annual Cost

~S$18/yr

Pros and Cons

Pros

Rock-bottom S$18/year (under age 35) for S$70,000 death & TPD cover paid entirely from CPF OA/SA with zero out-of-pocket cash
essential baseline layer before topping up private term life

Cons

Capped strictly at S$70,000 sum assured up to age 60 (S$55,000 ages 60–65)
so must be paired with a private S$500k–S$2M term policy

Eligibility

Singapore residents aged 18–65 (non-smoker S$1M benchmark shown
CPF DPS auto-covers CPF members aged 21–65)

Things to Watch Out For

Capped strictly at S$70,000 sum assured up to age 60 (S$55,000 ages 60–65)
so must be paired with a private S$500k–S$2M term policy

Photos (1)

Comments on "CPF Dependants' Protection Scheme (DPS — Administered by Great Eastern)"

Comment with AI:

Be the first to share your thoughts!

0/1000

Have a take on this ranking?

Save your rankings and see how you compare. Comments are how the argument actually happens here. Posting one needs a free account — it takes about a minute.

Create a free account Already have one? Sign in

No comments yet.

The first comment sets the terms of the argument.