Dependant's Protection Scheme (DPS)

DPS is insignificant compared to Shield Plans.

Coverage of DPS

Insured amount: $46,000

Death, Terminal Illness & Total Permanent Disability - It is insured against death, terminal illness or total permanent disability.

1.   Terminal Illness expected to result in death within 12 mths

2.   Total Permanent Disability is (i) inability to work permanently or (ii) the total permanent loss of physical function of: Both eyes; or Two limbs; or One eye and one limb

• Details (More info).

Personal decision

• I have kept this low coverage scheme since it is cheap anyway. Will not discuss too much into it as it is really unimportant compared to Shield Plans. Most of our medical bills are related to hospitalization, surgeries & post treatment which are covered under Shield Plans.