Reasons for Rejection of Home Protection Scheme Insurance Applications
Yeo Wan Ling inquired about the reasons for rejection of Home Protection Scheme (HPS) Insurance applications and the existence of an exclusion list for pre-existing medical conditions. Tan See Leng explained that approximately 1.3% of HPS applications were rejected in the past three years primarily due to serious pre-existing conditions, such as multiple conditions or cancer, but there is no specific exclusion list. The Government is currently reviewing ways to expand HPS coverage, considering policyholder affordability and the scheme's financial viability, with further details to be announced after completion of the review.