It is not a contract of insurance. Here’s what you get with DPS. Carrying on your extra cash value to offer of …  a. Your DPS proceeds can also be covered under a will or you can nominate your beneficiaries through your DPS insurer, Great Eastern Life or NTUC Income. DPS is an optional scheme which covers CPF members who are Singapore Citizens or Permanent Residents for a maximum sum assured of $46,000. Great Eastern Centre #01-01. To claim your benefit under the Dependants’ Protection Scheme. The DPS is an opt-out term life insurance policy that provides all eligible CPF members with a sum assured of $46,000. DPS is a term insurance that covers CPF members for a maximum sum assured of $46,000 up to age 60. Great Eastern was picked through a tender process, with the insurer offering the most attractive premiums for members, the board noted. e-Connect is our secure, self-service portal: you can use it to access protection coverage, perform key services, make premium payments online, customise your insurance plans, check your claim status, update personal particulars and change your password. How to claim from the Dependants’ Protection Scheme (DPS)? Please call 6788 1122 for advice. You’ll need to prepare a couple of things before submitting a DPS claim. Whether it’s everyday concerns like motor insurance, home protection, personal accidents, health, travel or business insurance, Great Eastern General has you covered! You can refer to your health declaration form or refer to Great Eastern Life and NTUC Income for … ** These will be distributed according to the manner of holding. You can refer to your health declaration form or refer to Great Eastern Life … Up until now, DPS has been underwritten by two main players: Great Eastern Life and NTUC Income. The DPS insurers will consider your eligibility after assessing your medical condition. Buying a life insurance policy is a long-term commitment. 17 positions at the great eastern life assurance company and great eastern including Financial Advisor, Financial Literacy ... View job summary: Team Lead, DPS Tele-Service Centre Singapore. It is still in talks with Malaysian authorities for options on meeting foreign ownership rules. An Integrated Shield plan dispels most of your worries about the cost of medical care. Currently, DPS is administered by only 2 private insurance providers- NTUC Income and Great Eastern Life. To claim DPS for death However, please note that you will be required to go through a medical assessment. The precise terms and conditions of this insurance plan are specified in the policy contract. Great Eastern Centre #01-01. When you are auto-enrolled under the Dependant’ Protection Scheme (DPS), you will be assigned an insurer either under Great Eastern Life or NTUC Income. One month before your renewal date, a notification letter will be sent to you. Great Eastern is one of the largest Life Insurance companies in Singapore and Malaysia. The coverage is worldwide and you will be insured up to the end of the policy year during which you turn 60 years old. Which Insurer Is Covering Me For the Dependants’ Protection Scheme (DPS)? #3: DPS is underwritten by Great Eastern Life. For General Insurance claims, visit our General Insurance claims page. i. the inability to take part in any employment permanently; or  Â. ii. the total permanent loss of physical function of both eyes, both limbs, or one eye and one limb. It also means that for all matters regarding DPS, you should approach your own assigned insurer, and not CPF. A change of insurers from NTUC Income and Great Eastern Life to Great Eastern Life as the sole DPS insurer An increase in the sum assured from $46,000 to $70,000 for those below the age of 60 and $50,000 for those aged 60 and above An extension of coverage to cover those who are aged 60 to 65, who are not currently covered. Great Eastern General Insurance Limited (“Company”) does not admit liability by the mere issuance of this or any other forms. It aims to provide Central Provident Fund (CPF) … 3. Most of us are insured under the Dependants’ Protection Scheme (DPS) which is an opt-out term insurance scheme administered by two insurers Great Eastern and NTUC Income. 1 Pickering Street, #01-01, When it was first introduced, it was run as a national scheme by the CPF board which was the one that came up with the benefit clause of permanent incapacity. Unauthorized use of this site is prohibited and may subject you to civil and criminal prosecution. It was designed with the sandwiched generation in mind. If you are under 65 years old and are not covered, you can still … Just submit an application to your insurer — either Great Eastern Life or NTUC Income — directly. Aviva, Great Eastern or Income) to apply. a. Ultra-affordable annual premiums. According to the CPF website, you will be automatically included as long as you meet the following criteria. Your Great Eastern Financial Representative, The Great Eastern Life Assurance Company Limited. Living Assurance Policy With Crb Great Eastern Burn by the other insurer offering similar plan from policy crb great eastern offers you suggest the claims paid. Currently, DPS is administered by two insurers, Great Eastern Life and NTUC Income. Customer Service Centre c. By post: Attention to: Life Claim Department. Note: Making a trust nomination is a serious undertaking.