The Home Protection Scheme (HPS) is a mortgage reducing insurance that insures CPF members and their families against losing their homes in the event of death or permanent incapacity before their housing loans are paid up. HPS will give you protection up to age 65 or the end of the loan period, whichever is […]
CPF members enjoy average 12% savings on Home Protection Scheme (HPS)
With effect from 1 January 2012, about 362,500 CPF members who are paying annual Home Protection Scheme (HPS) premiums will enjoy average savings of 12% on their premiums. This constitutes 80% of members who are currently paying annual premiums for their HPS, while the rest will continue to enjoy the low premium rates they are […]