Official reference data
Singapore Insurance Protection Gap Reference
A release-controlled reference for the Interest.sg Insurance Coverage Gap Calculator. Benchmarks and population findings are shown for context only; they are never substituted for your entered household needs.
Source date: · Last successful check:
MoneySense protection rules of thumb
| Scenario | Dated benchmark | Interest.sg treatment |
|---|---|---|
| Death and total permanent disability | 9 × annual income | Comparison card only; never blended into the needs formula |
| Critical illness | 4 × annual income | Comparison card only; never blended into the recovery formula |
MoneySense describes these as financial-planning rules of thumb. They are not a personalised recommendation or a substitute for the calculator’s user-entered needs scenario.
CPF Dependants’ Protection Scheme coverage
| Confirmed policy-year band | Maximum sum assured | Calculator rule |
|---|---|---|
| Until the end of the policy year in which the member turns 60 | S$70,000 | Included only after the user confirms current DPS cover |
| After 60 until the end of the policy year in which the member turns 65 | S$55,000 | Included only after the user confirms current DPS cover and band |
Eligibility, active cover and the member’s actual sum assured are never inferred. Check CPF or the appointed insurer before including DPS.
LIA Protection Gap Study 2022 — context only
| Published measure | PGS 2022 value | Scope |
|---|---|---|
| Average mortality protection gap | S$170,352 | Economically active Singapore Citizens and Permanent Residents |
| Average critical illness protection gap | S$264,586 | Economically active Singapore Citizens and Permanent Residents |
| Mortality protection gap | 21% | Population study measure |
| Critical illness protection gap | 74% | Population study measure |
These dated population findings provide context only. Interest.sg does not apply the averages to an individual result.
Related calculators
Official sources
- MoneySense Basic Financial Planning GuideMoneySense / Monetary Authority of Singapore · verified 2026-09-01
- MoneySense Understanding Life InsuranceMoneySense / Monetary Authority of Singapore · verified 2026-09-01
- MoneySense Understanding Critical Illness InsuranceMoneySense / Monetary Authority of Singapore · verified 2026-09-01
- CPF Dependants’ Protection SchemeCentral Provident Fund Board · verified 2026-09-01
- LIA Protection Gap Study 2022Life Insurance Association Singapore · verified 2026-09-01
Official data can change. Open the sources above to confirm the latest rules before acting; Interest.sg never estimates missing official values.
Suggested citation: Interest.sg, “Singapore Insurance Protection Gap Reference”, source date 2026-07-02, last successful check 1 Sept 2026.