sdic About SDIC Organisation Board of Directors Management Team Corporate Governance Media Release Privacy Statement Contact Us Deposit Insurance Scheme Overview Scheme Members Scope of DI Coverage Calculation of Compensation Deposit Insurance Payout Deposit Insurance Fund Rules & Regulations FAQs Policy Owners’ Protection Scheme Life Insurance / General Insurance Overview Scheme Members Scope of PPF Coverage Activation of PPF Fund PPF Entitlement PPF Funds Rules & Regulations FAQs Publications Financial Statements Consumer Guides Download Scheme Member Login Here About SDIC Organisation Board of Directors Management Team Corporate Governance Media Release Privacy Statement Contact Us Deposit Insurance Scheme Overview Scheme Members Scope of DI Coverage Calculation of Compensation Deposit Insurance Payout Deposit Insurance Fund Rules & Regulations FAQs Policy Owners’ Protection Scheme Life Insurance / General Insurance Overview Scheme Members Scope of PPF Coverage Activation of PPF Fund PPF Entitlement PPF Funds Rules & Regulations FAQs Publications Financial Statements Consumer Guides Download Scheme Member Login Here Deposit Insurance Scheme In the event a Deposit Insurance (DI) Scheme member bank or finance company fails, all of your insured deposits with that member are aggregated and insured up to S$100,000 by the Singapore Deposit Insurance Corporation Limited (SDIC). Insured deposits held in trust and client accounts held by non-bank depositors are insured up to S$100,000 per account. Your monies placed with a Scheme member bank under the CPF Investment Scheme (CPFIS) and CPF Retirement Sum Scheme (CPFRS) are aggregated and separately insured up to S$100,000. As your insured deposits are covered under the DI Scheme, SDIC will pay you the insured amounts if your bank or finance company fails. Read more Scheme Members | Scope of Coverage | Calculation of Compensation | Consumer Guide | FAQs Policy Owners Protection Scheme The Policy Owners Protection (PPF) Scheme covers your life and certain general insurance policies in the event of the failure of your life or general insurer which is a Scheme member. Coverage for life insurance policies are based on guaranteed benefits only, and is subject to caps (with the exception of accident & health policies and riders). Coverage for general insurance policies is not subject to any caps (except for the limits specified under the law for compulsory insurance policies and for own property damage motor claims under personal motor insurance policies and property damage claims under personal property (structure and contents) insurance policies). Read more Scheme Members | Scope of Coverage | Calculation of Compensation | FAQs About Us Singapore Deposit Insurance Corporation Limited (SDIC) administers the Deposit Insurance (DI) Scheme and Policy Owners Protection (PPF) Scheme in Singapore. SDIC is a company limited by guarantee under the Companies Act. The board of directors is accountable to the Minister in charge of the Monetary Authority of Singapore (MAS).