If you are paying your loan installments using your CPF money
then HPS is mandatory for you first. After you have HPS coverage, you can apply for exemption using other life insurance policies.
Beginning from this year, HPS premium rate has been reduced, on average about 12% lower than before. Furthermore, HPS premium is paid using your CPF money.
However, if you are still looking for private life insurance to cover your loan protection, you may consider term policy, mortgage reducing term policy, or other life policies instead.
2 个回答
几乎都要买
你的人寿保险保额也保不了至少三四十万新币的房贷吧？
不想用cpf的保险的话，可以买保险公司的。买了别的可以去cpf网站登陆进去申请 exemption from HPS，会退钱给你。