Direct Purchase Insurance (DPI)
Direct Purchase Insurance (DPI) is a class of broadly standardised products offering term insurance or whole life insurance, and which include Total and Permanent Disability (TPD) coverage. DPI also provides Critical Illness (CI) coverage if you opt for it.
DPI is identified by the prefix “DIRECT” in the product name.
You can buy DPI from the customer service centre, or website if available, of life insurance companies. DPI is sold without financial advice.
For a list of insurance companies offering DPI products, click here.
Find out more about DPI here and below.
- Direct Insurance Purchase Infographic, attached
- Direct Insurance Purchase Vidoon
- MAS Media Release on Direct Insurance Purchase (31 March 2015)
- LIA Media Statement on Direct Purchase Insurance (31 March 2015), attached
- Direct Insurance Purchase Guidelines (MU 63/18) and its appendices, attached
(PDF, 2.09MB)
LIA Media Statement (31 March 2015)
(PDF, 0.42MB)
(PDF, 0.25MB)
(PDF, 0.44MB)
Appendix IV DPI Term Life Statistics.xlsx
(XLSX, 0.04MB)
Appendix IV DPI Whole Life Statistics.xlsx
(XLSX, 0.04MB)
Appendix V Template DPI Complaints Statistics.xlsx
(XLSX, 0.01MB)