Regulation 1
Citation and commencement
These Regulations are the Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 and come into operation on 1 April 2019.
/akn/sg/act/sub_leg/2011/DIPOPSA-S207-2019
Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2011
- Sections
- 3
Quick answer
About this subsidiary legislation
Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation DIPOPSA-S207-2019 2011, currently marked in force and first recorded in 2011.
Regulation 2
Maximum compensation prescribed in respect of personal motor insured policies
The maximum amount of compensation prescribed under section 48A(2) of the Act for all claims relating to damage to property of an insured policy owner of an insured policy which provides personal motor cover is an aggregate of $50,000 for the coverage term of that insured policy.
Regulation 3
Maximum compensation prescribed in respect of personal property (structure and contents) insured policies
The maximum amount of compensation prescribed under section 48A(2) of the Act for all claims relating to damage to property of an insured policy owner, a beneficiary or both, of an insured policy which provides personal property (structure and contents) cover is an aggregate of $300,000 for the coverage term of that insured policy.
Common questions
- What is Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019?
- Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation DIPOPSA-S207-2019 2011, currently marked in force and first recorded in 2011.
- Is Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 still in force?
- Yes — Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 is currently in force.
- When did Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 take effect?
- Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 was first recorded in 2011.
- How many regulations does Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 have?
- Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 contains 3 regulations.
- Where can I read the official version of Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019?
- The official text of Deposit Insurance and Policy Owners’ Protection Schemes (Policy Owners’ Protection) (Maximum Compensation) Regulations 2019 is published at sso.agc.gov.sg.