The Policy Owners' Protection (PPF) Scheme protects the interests of the policy owner in the event that a life or general insurer fails. The PPF Scheme is administered by the Singapore Deposit Insurance Corporation (SDIC).
All Insurance companies are regulated entities in Singapore.
The PPF Scheme provides added assurance that there is a compensation scheme for policy owners to reduce the financial impact on individuals in the event an insurer defaults.
You can get more information from the SDIC Guide on PPF Scheme at http://www.sdic.org.sg
For more information on Life Insurance in Singapore, please visit the LIA website at http://www.lia.org.sg
For more information on General insurance in Singapore, please visit the GIA website at http://www.gia.org.sg/