LIC Singapore Pte Ltd is a member of the Policy Owners’ Protection (PPF) Scheme. This scheme is administered by the Singapore Deposit Insurance Corporation (SDIC). It reduces the financial impact on policy owners in the event a life insurer which is a PPF Scheme member fails. Coverage for your policy is automatic, and no further action is required from you.
For more information on the types of benefits that are covered under the scheme, please contact us or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
The list of the types of insurance products covered under the PPF Scheme is as follows:
Click to view: LICS PPF REGISTER