How do I set up a DPS account?

It’s quick and easy. Just provide your email address, choose a password and provide answers to a choice of security questions, and you’ll be ready to start submitting deposits. If you haven’t got any deposits to protect right now, you can still create your account so it’s ready when you are.

What is a DPS account?

Why should I create a DPS account? We’re the longest-established government-approved provider of Tenancy deposit protection to offer both Custodial and Insured schemes. We have over 10 years’ experience in protecting tenants’ money.

How do I log into DPS?

Log in by clicking ‘DPS LOGIN’ at the top of the page, and enter your user ID and password into the ETA authentication fields. You will need to respond to a CAPTCHA challenge, which requires you to type in a series of 5 characters displayed on the screen. This is to ensure you are a valid user, and not a computer.

Is DPS free?

Introducing the DPS

The Deposit Protection Service (DPS) is one of the three tenancy deposit protection companies set up by the government to protect tenants deposits. The DPS is the only ‘custodial’ scheme, and is completely free to use.

Is DPS legitimate?

We’ve recently become aware of a scam involving fake emails, claiming to be from The DPS. These emails are fake! We will never email anyone, asking for money to be paid to a bank account. If you aren’t sure that any communication you receive is genuine, do not pay money in response to such communications.

How do I get my deposit from DPS?

At the end of your tenancy, you and your Landlord or Letting Agent will need to agree how your deposit will be repaid. If you reach an agreement, your Landlord or Letting Agent will pay back the agreed amount of your deposit and contact us to confirm the deposit has been repaid.

Is DPS compulsory?

Coverage under the DPS is not compulsory. However, continuing with the DPS cover will provide some financial protection for the policyholder’s family. Policyholders can contact Great Eastern Life to terminate their DPS cover any time by completing the opt out form.

Do landlords have to use DPS?

Overview. Your landlord must put your deposit in a government-approved tenancy deposit scheme ( TDP ) if you rent your home on an assured shorthold tenancy that started after 6 April 2007. In England and Wales your deposit can be registered with: Deposit Protection Service.

What is DPS insured scheme?

In this scheme, we hold the tenant’s deposit throughout the period of the tenancy, and administer the repayment when they leave. . With our Insured scheme, you keep the tenant’s deposit during the tenancy and pay us a small fee to protect it. You manage the deposit repayment at the end of the tenancy.

Why am I not covered under DPS?

The DPS insurer will consider your eligibility on a case-by-case basis. DPS coverage may be declined if you have any serious pre-existing medical conditions. It also then can be assumed that if you lie and say you’re fine, but have a pre-existing condition that you try to claim upon later, you won’t receive your claim.

Can you opt out of DPS?

If you’ve thought it through and decide you really want to opt out of DPS, you can do so. It is not a compulsory scheme. You can terminate your Dependants’ Protection Scheme policy by contacting your DPS insurer, who will send you an opt-out form to complete and submit.

How do I find out if I am covered under DPS?

To check your Dependants’ Protection Scheme (DPS) nomination, please contact your DPS insurer directly. Reminder: DPS claim benefits do not form part of CPF proceeds and will not be distributed based on your CPF Nomination. From 1 April 2021, DPS will be solely administered by Great Eastern Life.

How do you pay for DPS?

Dependants’ Protection Scheme (DPS) premium can be paid using your CPF savings or cash. If you are using your CPF savings for the premium, the premium will first be deducted from your Ordinary Account (OA). If you do not have sufficient savings in your OA, the premiums will be deducted from your Special Account (SA).

Is DPS automatic?

DPS coverage is automatically extended to all working Singapore Citizens or Permanent Residents, upon a valid CPF working contribution between the age of 21 and 65.

How do I join CareShield life?

To make joining more convenient, if you are born between 1970 and 1979 (aged 41 to 50 in 2020), insured under ElderShield 400, and not severely disabled, you will be automatically enrolled into CareShield Life from end-2021. However, you can opt out by 31 st Dec 2023 if you do not wish to remain on CareShield Life.

How do I claim DPS Great Eastern?

How to check your claim status
  1. View online: e-Connect.
  2. Contact your Great Eastern Financial Representative.
  3. Call our customer service at: 1800 248 2888.
  4. Email us at: LifePAClaims-SG@greateasternlife.com.

What enhanced DPS?

Enhanced Dependants’ Protection Scheme (DPS) provides higher insurance coverage and more benefits for close to 2 million DPS members. DPS is a term life insurance scheme that provides insured members with coverage in the event of death, terminal illness or total permanent disability.

How much is CareShield life?

Is CareShield same as ElderShield?

CareShield Life premiums are paid from the age you join till age 67 (inclusive of the year you turn age 67), but will cover you for life. Premiums are waived once you make a successful claim. In 2020, premiums are $206 for males and $254 for females, and will increase by 2% per year from 2020 to 2025.

How much are CareShield life premiums?

What is CareShield Life? A compulsory national insurance scheme, CareShield Life is an enhancement to existing ElderShield plans. This is a type of long-term care insurance and seeks to provide basic financial support for all Singaporeans in the event of a severely disability.

Is it compulsory to join CareShield life?

How much are CareShield Life premiums? At the age of 30, premiums start at $206 for men and $253 for women.

Can I convert ElderShield to CareShield?

CareShield Life will be universal and mandatory for you if you are a Singapore Citizen or Permanent Resident born in 1980 or later.

Is CareShield premium fixed?

A good portion of this group of people under the ElderShield 400 scheme will be able to switch to CareShield Life when the scheme is launched.