What is Policy Owners' Protection Scheme?
The Policy Owners' Protection Scheme (PPF Scheme) protects policy owners in the event a life or general insurer which is a PPF Scheme member fails. The PPF Scheme is managed by an independent body, Singapore Deposit Insurance Corporation (SDIC). Your policy is automatically covered under the PPF Scheme and no further action is required from you.
For more information on the types of benefits that are covered under the scheme as well as the limits of coverage: