31 May '15, 12pm

3 Common Questions for CPF HPS

that is enough to cover your outstanding housing loan up to the full term of loan or age 65, you can apply Exemption from Home Protection Scheme. You may apply to be exempted online via my cpf Online Services . You will get a full premium refund into your CPF Ordinary Account (OA) if the exemption application is received (by the Board) within one month from the issuance of the HPS cover. Otherwise, a pro-rated refund will be given to your CPF OA upon the termination of your HPS cover. Alternatively, you can print Form HPS/2 and submit the completed form to the Board for processing. The types of insurance policies, both conventional and …

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