Dependants' Protection Scheme
The Dependants' Protection Scheme (DPS) is an optional term-life Insurance Scheme that covers members for an insured sum of $44,000 up to age 60. The Scheme is aimed at providing CPF members and their families money to tide them over the first few years, should insured members become physically/mentally incapacitated or die. The claim will be paid to the insured member if he becomes physically/mentally incapacitated, or to his CPF nominee(s) upon his death.
For details, visit the CPF website