Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698847922839.pdf (Singapore)
CENTRAL PROVIDENT FUND (HOME PROTECTION INSURANCE SCHEME) (AMENDMENT) REGULATIONS 2018 S.L.

508 of 2018 Presented to Parliament pursuant to section 78(2) of the Central Provident Fund Act.

Ordered by Parliament to lie upon the Table: 12 July 2018 (Vide Notifi cation No.

S 416 in the Gazette Subsidiary Legislation Supplement No.

27 of 29 June 2018).


CENTRAL PROVIDENT FUND ACT (CHAPTER 36) CENTRAL PROVIDENT FUND (HOME PROTECTION INSURANCE SCHEME) (AMENDMENT) REGULATIONS 2018 In exercise of the powers conferred by section 39 of the Central Provident Fund Act, the Minister for Manpower makes the following Regulations: Citation and commencement 1.

These Regulations are the Central Provident Fund (Home Protection Insurance Scheme) (Amendment) Regulations 2018 and come into operation on 1 July 2018.

Amendment of Second Schedule 2.
The Second Schedule to the Central Provident Fund (Home Protection Insurance Scheme) Regulations (Rg 11) is amended — (a) by deleting Table 1B and substituting the following Table: 2 “TABLE 1B (For policies entered into, adjusted or renewed with policy year commencing on or after 1 July 2018) HOME PROTECTION INSURANCE ANNUAL PREMIUM RATE PER $10,000 INITIAL COVER FOR MALE SCHEME MEMBER (LOANS UNDER CONCESSIONARY INTEREST RATE) Age Next Birthday Term of Loan Age Next Birthday Term of Loan 22.69
● Where the premium payable is less than $1.00, the minimum premium of $1.00 is charged.
● The annual premium is payable for 90% (rounded down to the nearest year) of the period of cover, or for such lesser percentage of the period of cover as the Board may, in its discretion, determine, subject to a minimum of one year.
4 Age Next Birthday Term of Loan Age Next Birthday Term of Loan Age Next Birthday Term
57 58 59 60 61 62 63 64 65 Age Next Birthday Term of Loan Age Next Birthday Term of Loan 6.06
Age Next Birthday Term of Loan Age Next Birthday Term of Loan 6.88
Age Next Birthday Term of Loan 28.16
Age Next Birthday Term of Loan 33
Age Next Birthday Term of Loan 146.64
Age Next Birthday Term of Loan Age Next Birthday Term of Loan Age Next Birthday Term
50 51 52 53 54 55 56 57 12 Age Next Birthday Term of Loan Age Next Birthday Term of Loan 7.16
Age Next Birthday Term of Loan Age Next Birthday Term of Loan 36 6.35 6.59 7.56 7.66 7.75 7.85 8.21 8.62
Loan 22.29
Age Next Birthday 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 Term of Loan ”; (b) by deleting Table 2B and substituting the following Table: 16 “TABLE 2B (For policies entered into, adjusted or renewed with policy year commencing on or after 1 July 2018) HOME PROTECTION INSURANCE ANNUAL PREMIUM RATE PER $10,000 INITIAL COVER FOR FEMALE SCHEME MEMBER (LOANS UNDER CONCESSIONARY INTEREST RATE) Age Next Birthday Term of Loan 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 1 4.72 4.72 4.72 4.72 4.72
5.42
5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.42 5.90 6.46 7.11 7.86 8.73 17 Age Next Birthday Term of Loan ● Where the premium payable is less than $1.00, the minimum premium of $1.00 is charged.
● The annual premium is payable for 90% (rounded down to the nearest year) of the period of cover, or for such lesser percentage of the period of cover as the Board may, in its discretion, determine, subject to a minimum of one year.
18 Age Next Birthday Term of Loan Age Next Birthday Term of Loan Age Next Birthday Term of Loan 20 21 22
63 64 65 Age Next Birthday Term of Loan Age Next Birthday Term of Loan 8.64
Age Next Birthday Term of Loan Age Next Birthday Term of Loan 5.09
5.37 5.56 5.85 5.98 6.10 6.49 7.00 7.25 20 5.09 5.09 5.09 5.09 5.09 5.09 5.09 5.13 5.21 5.29 5.39 5.70 6.00 6.13 6.28 6.68 7.18 7.42 22 Age Next Birthday Term of Loan 22.84
Age Next Birthday Term of Loan Age Next Birthday Term of
42 43 44 45 46 47 48 24 Age Next Birthday Term of Loan 203.24
Age Next Birthday Term of Loan Age Next Birthday Term of Loan Age Next Birthday Term of Loan 26 27 28 29 30 74.97 75.73 76.43 77.12 77.75 93.59 94.37 95.10 95.78 96.44 103.32 104.04 104.71
Age Next Birthday Term of Loan 6.00
Age Next Birthday Term of Loan Age Next Birthday Term of Loan 6.54
26.39
Term of Loan ”; Age Next Birthday 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 (c) by deleting Table 3B and substituting the following Table: 30 “TABLE 3B (For policies entered into, adjusted or renewed with policy year commencing on or after 1 July 2018) HOME PROTECTION INSURANCE ANNUAL PREMIUM RATE PER $10,000 INITIAL COVER FOR MALE SCHEME MEMBER (LOANS UNDER MARKET INTEREST RATE) Age Next Birthday Term of Loan 3
Age Next Birthday Term of Loan 1 7.95 8.71 9.60 2 3 4 5 15.97 12.32 11.41 11.21 17.66 13.59 12.58 12.35 19.59 15.04 13.91 13.66 11.77 23.97
● Where the premium payable is less than $1.00, the minimum premium of $1.00 is charged.
● The annual premium is payable for 90% (rounded down to the nearest year) of the period of cover, or for such lesser percentage of the period of cover as the Board may, in its discretion, determine, subject to a minimum of one year.
32 Age Next Birthday Term of Loan Age Next Birthday Term of Loan Age Next Birthday
56 57 58 59 60 61 62 63 64 65 Age Next Birthday Term of Loan Age Next Birthday Term of Loan 6.90
Age Next Birthday Term of Loan Age Next Birthday Term of Loan 5.84
Age Next Birthday Term of Loan 29.89
Age Next Birthday Term of Loan 26
Age Next Birthday Term of Loan 126.26
Age Next Birthday Term of Loan Age Next Birthday Term of Loan 55
40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 40 Age Next Birthday Term of Loan Age Next Birthday Term of Loan 31 6.52 6.78 6.99 7.20 7.44 7.68 7.88 8.18 8.59 8.86 9.25 9.50 9.92 32 6.78 6.99 7.20 7.44 7.68 7.88 7.95 8.28 8.69 9.02
Age Next Birthday Term of Loan Age Next Birthday Term of Loan
61 62 63 64 65 42 Age Next Birthday Term of Loan 21.77
Term of Loan Age Next Birthday 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 ”; and (d) by deleting Table 4B and substituting the following Table: 44 “TABLE 4B (For policies entered into, adjusted or renewed with policy year commencing on or after 1 July 2018) HOME PROTECTION INSURANCE ANNUAL PREMIUM RATE PER $10,000 INITIAL COVER FOR FEMALE SCHEME MEMBER (LOANS UNDER MARKET INTEREST RATE) Age Next Birthday Term of Loan 26 27 28 29 30 31 32 33 34 35 36 37 38
5.46
6.66 7.31 8.08 8.96 5 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.46 5.94 6.51 7.16 7.93 8.80 45 Age Next Birthday Term of Loan ● Where the premium payable is less than $1.00, the minimum premium of $1.00 is charged.
● The annual premium is payable for 90% (rounded down to the nearest year) of the period of cover, or for such lesser percentage of the period of cover as the Board may, in its discretion, determine, subject to a minimum of one year.
46 Age Next Birthday Term of Loan Age Next Birthday Term of Loan Age Next Birthday Term of Loan 20 21
62 63 64 65 Age Next Birthday Term of Loan Age Next Birthday Term of Loan 8.87
Age Next Birthday Term of Loan Age Next Birthday Term of Loan 5.19
5.53 5.74 6.04 6.17 6.32 6.70 7.23 7.47 20 5.19 5.19 5.19 5.19 5.19 5.19 5.22 5.26 5.35 5.45 5.57 5.89 6.19 6.35 6.51 6.91 7.41 7.65 50 Age Next Birthday Term of Loan 23.41
Age Next Birthday Term of Loan Age Next Birthday Term of
42 43 44 45 46 47 48 52 Age Next Birthday Term of Loan 203.95
Age Next Birthday Term of Loan Age Next Birthday Term of Loan Age Next Birthday Term of Loan 26 27 28 29 30 76.08 76.82 77.52 78.19 78.82 94.84 95.61 96.32 96.99 97.64 104.48 105.19
Age Next Birthday Term of Loan 6.26
Age Next Birthday Term of Loan Term of Loan 37 6.58 6.63 6.67 6.72 6.77 6.82 6.87 6.91 7.24 7.57 7.96 8.37 9.11 9.85 38 6.63 6.69 6.76 6.83 6.89 6.96 7.03 7.10 7.50
26.41
27.06 25.63 26.09 26.54 26.95 27.34 25.96 26.41 26.83 27.22 27.61 27.06 27.48 27.90 28.28 28.65 29.18 29.60 30.00 30.38 30.74 31.44 31.85 32.24 32.62 32.98 Age Next Birthday 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 Age Next Birthday 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 57 Term of Loan ”.
[G.N.

Nos.

S 672/2011; S 735/2011; S 682/2012; S 566/2014; S 390/2015; S 703/2015; S 196/2016] 58 Made on 22 June 2018.

AUBECK KAM Permanent Secretary, Ministry of Manpower, Singapore.

[Plg&Pol/CPFPol/Legis/CPFSL/2018; AG/LEGIS/SL/36/2015/19Vol.

3] (To be presented to Parliament under section 78(2) of the Central ProvidentFundAct).
Printed for the Government of Singapore by the Government Printers