Home Protection Scheme – HDB resale flat for rent
HDB resale flat for rent – Home Protection Scheme is a mortgage-reducing insurance scheme administered by CPF Board. It insures CPF members and their families against losing their homes should members become permanently incapacitated or pass away before their housing loans are paid up. HDB resale flat for rent.
- Must purchase HPS if buyers are using their CPF savings to pay for the monthly housing loan instalments.
- Must decide on or before First Appointment with HDB
- Minimum 100% coverage of loan, e.g. 50% for each party or 100% for each party
- Can buy from CPF Board or outside Insurance companies
Please click here to search for HDB resale flat for rent. 