Central Provident Fund (CPF) members under the Dependants’ Protection Scheme (DPS) will enjoy a higher sum assured of $70,000 at more attractive premiums from April 1, 2021.

The maximum age of coverage will be increased to cover members up to 65 years old at a lower sum assured of $55,000.

Currently, the sum assured is $46,000 with an age cap of 60 years old.

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