Quote:
Originally Posted by Magdeline
...I wish to keep my HDB as there's still the very low-cost HPIS which is a form of life insurance. With the HPIS, it's as if my husband and I are each insured for a couple of hundred K. Now, speaking of this, does anyone know if the HPIS will be voided if we rent our flat out? Logical reasoning tells me no, unless there's some black and white stating this (I couldn't find any so far). |
Very good plan indeed! I've invested previously in a condo (sold off since) and this never crossed my mind - move to condo (enjoy better living) and rent out
HDB while keeping the HPS insurance. But this only works if you have sufficient moolah...
