More than 540,000 Housing Board flat owners will, on average, pay 10 per cent less in premiums for a Central Provident Fund (CPF) home insurance scheme from July 1. The CPF Board said yesterday that it would be reducing premiums for the Home Protection Scheme (HPS) because of "better-than-expected investment returns and claims experience". The scheme protects CPF members and.
540,000 CPF members to pay less for home protection insurance
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Over 540,000 HDB owners to pay less home insurance
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