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Aviva In The News - 14 October 2011

MAS reviews the Policy Owners' Protection Scheme

The Monetary Association of Singapore (MAS) has reviewed the Policy Owners' Protection Scheme (PPF Scheme) for both General and Life Insurance.

This scheme was set up to protect policy owners in the event of a default of a life or general insurer under the PPF Scheme. The Singapore Deposit Insurance Corporation (SDIC) administers the Policy Owners' Protection Scheme. 

For more information on the Policy Owners' Protection Scheme (PPF Scheme), click on the following links:

Overview of the PPF
Scheme Members
Scope of Coverage
Calculation of Compensation
Activation of PPF Fund
PPF Funds
Rules & Regulations
FAQs

To download the PPF consumer guides, click here
For more information on Singapore Deposit Insurance Corporation Limited (SDIC), click here