Top Personal Life Insurance Providers in Singapore

Top Personal Life Insurance Providers in Singapore

What is personal accident insurance?

In the event of an accident, personal accident insurance plans cover the cost of medical treatments including compensations in case of accident-related disabilities or death. Medical expenses incurred during an accident, from surgeries and even treatments from traditional Chinese medicine (TCM) practitioners, are also claimable on a reimbursement basis. Some personal accident insurance also provides coverage for accident-related expenses such as mobility aids and prosthetics, home modifications, hospital income and child support benefits.

Why you should get a personal accident insurance

No matter how developed your safety consciousness is, it is inevitable that everyone can and may fall victim to unexpected accidents. Injuries sustained during the accident may prevent you from working for a period of time. This, coupled with hospital bills and medical expenses, can come up to a hefty sum in the event of an unfortunate accident. 

Financial assistance under these circumstances can really help you and your family to cushion the blow. Accidents can happen anytime and when you least expect it. Especially if there is a sudden loss of income due to the accident, the personal accident insurance coverage can help to offset and ease the financial burden for you and your family.

Top personal accident insurance providers in Singapore

Check out the top personal accident insurance providers in Singapore:

AVIVA Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Aviva

Speciality

  • Offers free coverage for children
  • Reimbursement available for mobility aid and ambulance service
  • Daily hospital cash provided up to 30 days
Pricing

Contact to request for quotation

Website

https://www.aviva.com.sg/en/

Address

4 Shenton Way, SGX Centre 2, #01-01, Singapore 068807

Telephone

6827 7988

Operating Hours

Weekdays 8.45am – 5.30pm

 


Income Top Personal Accident Insurance Providers in Singapore

Insurance Provider

NTUC Income

Speciality

  • Daily hospital cash provided up to 1 year
  • Offers discounted premiums for children
  • Covers miscarriage, food poisoning, hand, food and mouth disease (HFMD) and diagnostic tests for fractures and broken bones
  • Covers up to 21 infectious diseases
Pricing

Contact to request for quotation

Website

https://www.income.com.sg/
Address

Visit website for list of branches

Telephone 

For Life Insurance: 6788 1122

Operating Hours

Weekdays 8.30pm – 6.30pm

 


AXA Top Personal Accident Insurance Providers in Singapore

Insurance Provider

AXA

Speciality

  • Provides coverage for home recuperation and emergency medical evacuation
  • Offers daily hospital cash
  • Offers discounted or free coverage for children
Pricing

Contact to request for quotation

Website

https://www.axa.com.sg/

Address

#01-21/22 AXA Tower, 8 Shenton Way, Singapore 068811

Telephone

1800 880 4888

Operating Hours

Weekdays 9am – 5.30pm

 


FWD Top Personal Accident Insurance Providers in Singapore

Insurance Provider

FWD Insurance

Speciality

  • Covers up to 23 infectious diseases
  • Offers daily hospital cash
  • No occupational loading for hazardous jobs
  • Provides funeral grant and guardian angel benefit for dependents
  • Provides coverage for medical aids and home modifications
Pricing

Contact to request for quotation

Website

https://www.fwd.com.sg/
Address

6 Temasek Boulevard, #18-01 Suntec Tower Four, Singapore 038986

Telephone

6820 8888

Operating Hours

Weekdays 9am – 6pm

 


Sompo Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Sompo Insurance

Speciality

  • Covers up to 17 infectious diseases
  • Offers coverage for parents and in-laws
  • Offers education fund payout
  • Cash gift for marriage and newborn
Pricing

Contact to request for quotation

Website

https://www.sompo.com.sg/

Address

50 Raffles Place, #03-03 Singapore Land Tower, Singapore 048623

Telephone

6461 6555

Operating Hours

Weekdays 9am – 5pm

 


MSIG Top Personal Accident Insurance Providers in Singapore

Insurance Provider

MSIG Holdings (Asia) Pte. Ltd.

Speciality

  • Offers free coverage for children
  • Offers discounted premium for spouse
  • Provides daily hospital cash benefit
Pricing

Contact to request for quotation

Website

https://www.msig.com.sg/
Address

4 Shenton Way #27‑01 SGX Centre 2, Singapore 068807

Telephone

6827 2828

Operating Hours

Weekdays 8.45am – 5.30pm

 


Tokio Marine Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Tokio Marine Life Insurance

Speciality

  • Offers trauma support coverage for counselling services after accident
  • Provides weekly income benefit
  • Provides daily hospital income
Pricing Contact to request for quotation

Website

https://www.tokiomarine.com/sg/en/personal/discover.html
Address 20 McCallum Street #04-02, Tokio Marine Centre, Singapore 069046

Telephone

6592 6100

Operating Hours

Weekdays 8.45am – 5.45pm

 


Etiqa Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Etiqa Insurance Singapore

Speciality

  • Offers reimbursement for TCM and Chiropractic visit
  • Covers up to 22 types of infectious diseases
  • Offers personal accident policy tailored for cyclists or PMDs
  • Insures bicycles, wheelchairs, scooters and other mobility devices
Pricing

Contact to request for quotation

Website

https://www.etiqa.com.sg/
Address

16 Raffles Quay, Hong Leong Building, #01-04A, Singapore 048581

Telephone

6887 8777

Operating Hours

Weekdays 8.30am – 5.30pm

 


Manulife Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Manulife

Speciality

  • Provides reimbursement for TCM and chiropractic visits
  • Covers up to 21 infectious diseases and food poisoning
  • Covers accidents overseas
Pricing

Contact to request for quotation

Website

https://www.manulife.com.sg/
Address

8 Cross Street #01-01A, Manulife Tower, Singapore 048424

Telephone

6833 8188

Operating Hours

Weekdays 9am – 6pm

 


Great Eastern Life Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Great Eastern

Speciality

  • Offers daily hospital cash benefit up to 1 year
  • Offers daily ICU cash benefit for up to 30 days
  • Provides up to 12 complimentary video consultations which can be shared with family members
  • Covers overseas evacuation and repatriation expenses
Pricing

Contact to request for quotation

Website

https://www.greateasternlife.com/sg/en/index.html

Address
1 Pickering Street #01-01, Great Eastern Centre, Singapore 048659

Telephone

6248 2211

Operating Hours

Weekdays 9am – 5.30pm

 


China Life Top Personal Accident Insurance Providers in Singapore

Insurance Provider

China Life Insurance

Speciality

  • Offers daily hospital cash benefit
  • Guaranteed cashback benefit after every 5 years
  • Automatic renewal after every 5 years
  • No medical checkup required
Pricing

Contact to request for quotation

Website

https://www.chinalife.com.sg/

Address

1 Raffles Place #46-00, One Raffles Place Tower 1, Singapore 048616

Telephone

6727 4800

Operating Hours

Weekdays 9am – 5.30pm

 


Prudential Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Prudential

Speciality

  • Provides 24 hours worldwide coverage
  • Offers 3 times payout amount in case of public transport accidents
  • Offers coverage for up to 21 infectious diseases including food poisoning, high risk activities, animal and insect bites
Pricing

Contact to request for quotation

Website

https://www.prudential.com.sg/
Address 5 Straits View #01-18/19, Marina One The Heart, Singapore 018935

Telephone

1800 333 0333

Operating Hours

Weekdays 9am – 4pm (By appointment only)

 


Uoi Top Personal Accident Insurance Providers in Singapore

Insurance Provider

United Overseas Insurance

Speciality

  • Increase in sum assured up to 25% if there is no claim
  • Reimbursement of medical expenses 
  • Provides coverage for situations such as drowning and suffocation by smoke of poisonous fumes and reservist training in Singapore
Pricing

Contact to request for quotation

Website

https://www.uoi.com.sg/uoi/index.html
Address 3  Anson Road, #28-01 Springleaf Tower, Singapore 079909

Telephone

6222 7733

Operating Hours

Monday – Thursday: 8.45am – 5.45pm

Friday: 8.45am – 4.45pm

 


AIG Top Personal Accident Insurance Providers in Singapore

Insurance Provider

AIG

Speciality

  • No medical examination required
  • Offers free coverage for selected benefits
  • Provides daily hospital cash benefit
  • Reimbursement provided for animal and insect bites and food poisoning
  • Additional add on available such as pet care, reimbursement of event tickets or physiotherapy
Pricing Contact to request for quotation

Website

https://www.aig.sg/
Address AIG Building, 78 Shenton Way, Level 1, Singapore 079120

Telephone

6419 3000

Operating Hours

Not available

 


HL Assurance Top Personal Accident Insurance Providers in Singapore

Insurance Provider

HL Assurance

Speciality

  • Discounts on premium provided when purchase with spouse
  • Offers reimbursement for medical expenses including treatments by TCM
  • Additional coverage available for mobile phone and outstanding credit card bills
Pricing Contact to request for quotation

Website

https://www.hlas.com.sg/
Address 11 Keppel Road, #11-01 ABI Plaza, Singapore 089057

Telephone

6702 0202

Operating Hours

Weekdays 9am – 6pm

 


China Taiping

Insurance Provider

China Taiping Insurance Singapore

Speciality

  • Offers 24/7 worldwide protection
  • 5% No Claim Bonus discount is given at each renewal up to 20%
  • Extended medical benefits provided for treatments by TCM, acupuncturist and bonesetter
  • COVID-19 coverage which includes quarantine allowance, medical expenses and death payout
Pricing

Contact to request for quotation

Website

https://www.sg.cntaiping.com/en/personals/landing-protection/protection/personal-accident-safe.html
Address

3 Anson Road #16-00, Springleaf Tower Singapore 079909

Contact

Telephone: +65 6389 6111

Email: [email protected]

Operating Hours

Weekdays 8.45am – 5.30pm

 


AiA Top Personal Accident Insurance Providers in Singapore

Insurance Provider

AIA

Speciality

  • Provides 24/7 worldwide coverage
  • Extended protection available for seniors up to age 80 years old
  • Up to 30% extra coverage available for first 6 years
  • Discounts on premium for children available
Pricing Contact to request for quotation

Website

https://www.aia.com.sg/en/index.html
Address 1 Finlayson Green, Singapore 049246

Telephone

1800 248 8000

Operating Hours

Weekdays 8.45am – 5.30pm

 


Liberty Insurance Top Personal Accident Insurance Providers in Singapore

Insurance Provider

Liberty Insurance

Speciality

  • Provides daily hospital cash benefits up to 30 days
  • Free coverage available for dependents
  • Medical reimbursement provided
  • No claim bonus provided up to 25%
Pricing Contact to request for quotation

Website

https://www.libertyinsurance.com.sg/
Address 51 Club Street #03-00 Liberty House Singapore 069428

Telephone

1800 5423 789

Operating Hours

Weekdays 8.30am – 5.30pm

 


Ergo Top Personal Accident Insurance Providers in Singapore

Insurance Provider

ERGO Insurance Pte. Ltd.

Speciality

  • Offers 24 hours worldwide protection
  • Provides coverage for over 20 infectious diseases
  • Provides medical reimbursement for hospitalization, outpatient treatment and TCM
  • Covers cost of purchase or rental of mobility aids and artificial limbs
  • Repair and replacement costs provided for personal effects and belongings damaged beyond repair due to accident
Pricing Contact to request for quotation

Website

https://www.ergo.com.sg/
Address 5 Temasek Boulevard, #04-05 Suntec Tower Five, Singapore 038985

Telephone

6829 9199/ 98276193

Operating Hours

Weekdays 8.30am – 5.30pm

 


eq Insurance Top Personal Accident Insurance Providers in Singapore

Insurance Provider

EQ Insurance

Speciality

  • Reimbursement provided for medical expenses incurred due to accident
  • Provides 24 hours worldwide coverage
  • Renewal of policy available up to age 75 years old
  • Provides coverage for treatment by TCM
Pricing Contact to request for quotation

Website

https://www.eqinsurance.com.sg/
Address 5 Maxwell Road, #17-00 Tower Block, MND Complex, Singapore 069110

Telephone

6223 9433

Operating Hours

Weekends 8.30am – 5.30pm

 


Personal accident insurance coverage 

There are various types of personal accident insurance plans available in the market with different coverage available. Below are some of the common coverage provided by personal accident plans.

Medical and Hospitalisation expenses

Although the coverage is not as extensive as a health insurance plan, you will be able to claim for medical and hospitalisation expenses. The benefit of personal accident insurance plans is the ability to claim for inpatient and outpatient treatments without being hospitalised.

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Temporary Disability

Unlike life insurance policies that only provide payout for Total Permanent Disability (TPD), personal accident insurance plans also cover less severe disabilities. This is helpful when you are unable to work and earn an income during your recuperation period after the accident. While the daily payouts may not be on par with your usual earnings, it can at least provide some financial support to cover part of your daily expenses and bills.

Permanent or Partial Disability

In cases of permanent or loss of physical functions that cause inability to earn an income, personal accident insurance plans will provide a payout to the insured. These payouts can be used for your medical and daily expenses. There are also additional permanent disability cover or riders available that can provide reimbursement for home modifications or mobility aids or other medical related expenses incurred due to the accident.

Death Benefit

In an event of death caused by an accident, personal accident insurance plans provide a lump-sum payout to your beneficiaries. This can provide your family a form of temporary financial security in such situations.

Things to look out for when buying a personal accident insurance

There are many types of personal accident insurance in the market and there is no one size fits all. Before you purchase any personal accident insurance plan, do ensure that you read thoroughly and clearly understand the coverage and any special conditions. 

Here are some considerations to take note of before you purchase a personal accident insurance plan.

Existing insurance plans

Depending on your current insurance plans, you can choose a lower coverage or skip on a personal accident insurance plan. If you do not have a life insurance plan or health insurance plan, you might want to consider opting for higher coverage for your personal accident insurance plan. 

Source of income

If you are the only income earner in the family, it is even more crucial to have a personal accident insurance plan. Self-employed Individuals not covered under any organisation’s group insurance plans may also want to consider buying this insurance plan. It offers additional protection on top of your existing insurance plans, if any. This can help to provide a form of financial security for you and your family in case of a sudden loss of income.

Discounts on premium

If you have dependents, it will be good to consider getting an insurance plan that provides coverage for your whole family. Many personal accident insurance plans offer discounts on premiums for families and even provide free coverage for children. 

Insurance provider customer service

An insurance plan is meant to provide a peace of mind amidst all the uncertainty. To avoid all the unnecessary hassle, ensure that the accident helpline is easily accessible and the claim process is quick and straightforward. 

The reputation of the insurance provider is also another crucial factor. Find one that has a good track record and customer reviews. This reflects the quality of their service and handling of claims.

Factors that may increase your need for a personal accident insurance

Many situations can contribute and increase the probability of an accident. Some factors such as your lifestyle, occupation, daily habits and many variables can put you at greater risk of being in an accident.

Lifestyle

Personal accident insurance plans aren’t just for extreme sports enthusiasts. If you often play contact sports or take part in physical activities such as jogging or cycling, there is a risk of injuring yourself during the activity. You may want to consider choosing a personal accident insurance plan to complement your health insurance plan.

High risk occupations

Individuals in high risk occupations such as firefighting, police work, construction and oil rigging may have a relatively higher possibility of getting into an accident. Due to the nature of work, they may face difficulty finding insurance providers that provide coverage. Although the premium is slightly higher than the norm, there are still insurance providers who provide personal accident coverage for individuals in these jobs. 

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Mode of transportation

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If you travel overseas often, check that your personal accident insurance plan provides coverage for overseas travel. As some plans only offer coverage for a certain duration while you are overseas, do ensure that you are covered during the period of your travel. 

Also, individuals who travel often via a car, motorcycle, bicycle or PMD, should consider getting coverage in case of accidents during your commute.

 


 

Top Personal Accident Plans for comprehensive coverage

Listed personal insurance plans under provide highly detailed amounts for cover once you claim for personal insurance cover. While these provide original insurance over infectious diseases with good disability pay-outs, one remains highly, well covered under each of following schemes.

 

Top Personal Accident Insurance over infectious diseases (Coronavirus & Dengue)

FWD Personal Accident

Take them once one seeks health bills insurance over infectious diseases like Coronavirus (COVID-19) or dengue.

  • COVID-19 coverage: Granted; over warding or complications or effects from taking some COVID-19 vaccination.
  • Promotion: “BESTPA” get 25% lower
  • Yearly Premium (Class 1 warding; S$1m coverage): S$1,000

Details & Pay-outs

Pay-outs 

Restrictions

Accidental Death & Disability S$1,000,000
Medical Expenses S$15,000
Medical Expenses (infectious disease) S$7,500
Hospital pay-out S$500/day
Home Modification S$50,000
Weekly Income S$500/week
Child Support pay-out  S$500,000

 

 

NTUC Income PA Assurance

Ponder such suppose one seeks disability or childcare pay-outs.

  • COVID-19 Coverage: Granted, when engaged for infectious disease plan cover (zero delayed interval)
  • Plan 4 Annual Premium (Class 1 warding): S$950

Details & Pay-outs.

Pay-outs

Restrictions

Accidental Death & Disability S$1,000,000
Medical Expenses S$20,000
Hospital Income S$400/day
Home Modification S$25,000
Weekly Pay-out S$500/week
Child Support Pay-out S$35,000

 

Cost-friendly Personal Accident insurance scheme

Listed personal accident schemes under remain highly, very affordably charged. Still, though these remain affordable, these exclude slashing down cover or could cover more delivering high personal accident pay-outs.

 

Lowest cost Personal Accident Insurance over Infectious Diseases (COVID-19 & Dengue, etc.)

FWD & Singsaver personal accident

Choose such were one demanding low-cost COVID-19 insurance

Get such schemes simply from SingSaver over pressing, “Get a Quote”.

  • Yearly Premium (All jobs; S$100,000 Sum guaranteed): S$98

Details & Pay-outs.

Pay-outs

100k Plan

Basic Plan Avg.

Accidental Death & Disability S$100,000  S$86,842
Accident Medical Expenses S$2,000 S$2,211
COVID-19 Death Benefit S$50,000  N/A
Domestic COVID-19 Medical Expenses S$1,000  N/A
Overseas COVID-19 Medical Expenses S$2,000  N/A
Hospital Income S$25/day  S$61/day
Mobility Prosthetics/Aids S$10,000 S$4,000
Child Support Benefit S$100,000 S$32,538
Personal Liability S$100,000  S$83,333

 

Lowest cost Personal Accident Plan, Accident Coverage

Aviva Personal Accident

Choose such in case one is typical office worker seeking to get the lowest cost plan.

  • COVID-19 Coverage: None
  • Aviva Lite Annual Premium (Class 1 Occupation): S$90.00

 

Details & Pay-outs:

Pay-outs

Aviva Lite

Basic Plan Avg.

Accidental Death & Disability S$100,000 S$86,842
Medical Expenses S$3,000 S$2,211
Hospital Income S$50/day S$61/day
Personal Liability S$100,000  83,333
Disability Coverage 100% of Sum 100% of Sum

 

Top Personal Accident Plans to insure for Hazardous jobs.

It might seem extremely hard to locate relevant personal accident schemes in case one gets employed under a dangerous or dense machinery-driven jobs (class 4 job) as many insurers exclude offering coverage over one. Such jobs cover oil-rigging, police vocations, firefighting, construction, or unskilled labour. Still, you have some special personal accident schemes which may let you get to buy coverage suppose you still work under occupations. Many find FWD or Income for delivering top class cover for many holding such specified occupations.

 

Top High Coverage Personal Accident Insurance for dangerous jobs

NTUC Income PA Assurance

Take such were one occupied with some hazardous or heavy-risk work or require high levels of accidental death or disability cover

  • COVID-19 Coverage: Granted, when bought plan along infectious disease cover (zero delayed interval)
  • Yearly Premium (Class 4 job): S$1,900

Details & Pay-out.

 

Pay-outs

Plan 4

Coverage Region Worldwide N/Alan Avg.

Accidental Death & Disability S$1,000,000 S$537,500
Medical Expenses S$20,000  S$7,975
Hospital Income S$400/day  S$280/day
Mobility Prosthetics/Aids S$2,000 S$1,880
Personal Liability N/A  S$433,333
Disability Coverage 150% of Sum  100% of Sum

Coverage Region Worldwide N/A

Top Personal Accident Insurance over Seniors, elders

Upon getting mature, old, insurance next turns heavier priced as general chances for some medical hazard or accident rises. Under such cover, one could desire cutting out highly costly private health insurance plans, or just choose one specific personal accident plan for putting up cover for the hospitalisation cover. Under such instances, many claim FWD or TokioMarine that offers top  class coverage to seniors, were they registered before the year 65.

 

Lowest cost Personal Accident Insurance, Seniors

FWD Personal Accident

Ponder such were one aged mature or seeking over budget personal accident cover

  • COVID-19 Coverage: Granted; 50% of pay-out capped within infectious disease.
  • Bonus: “BESTPA” to 25%  over Annual Premium (Class 1 job; S$100,000k Plan): S$90.00

Details & Pay-outs

Pay-outs

Restrictions

Accidental Death, Disability S$100,000
Medical Expenses S$2,000
Daily Hospital Income N/A
Mobility Aids/Prosthetics  S$500
Home Modifications  S$10,000
Disability Coverage 100% of Sum

Coverage Region : Worldwide

 

Top Personal Accident Insurance over extended Retirement Cover

Tokio Marine TM365

Ponder such were one reaching to retirement or seeking to get a personal accident cover up to age 85.

  • COVID-19 Coverage: None
  • Yearly Premium (Class 1 ward): S$90.95

 

Details & Pay-outs

Pay-outs

Restrictions

Accidental Death & Disability S$50,000
Medical Expenses S$2,000
Daily Hospital Income  S$50/day
Mobility Aids/Prosthetics  S$1,500
Home Modifications  S$2,000
Disability Coverage 150% of Sum

 

Top Personal Accident Insurance over individual Transport commuters

Etiqa eProtect Personal Mobility

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Ponder such were one seeking damage or loss cover over the bicycle

  • Essential Plan yearly Premium: S$188.00

Details & Pay-outs

Pay-outs

Restrictions

Accidental Death & Disability  S$150,000
Medical Expenses S$3,800 (S$200 claimable)
Theft/Loss/Damage Coverage Full cost of Bicycle  (S$1,500-S$3,001)
Personal Liability S$300,000
Total Disability Coverage  100% of Sum

Coverage Region: Singapore

NTUC Income Personal mobility guard

Ponder such if one travels using bicycle or electric skate-scooter.

  • Annual Premium: S$96.00

Details & Pay-outs

Pay-outs

Restrictions

Accidental Death & Disability  S$200,000
Medical Expenses  S$2,500 (S$100 Excess)
Personal Liability  S$1,000,000
Disability Coverage  100% of Sum

Region of Coverage : Singapore

Possible methods to weigh the outcomes for picking the top performing Personal Accident scheme

Personal Accident cover remains just supplementary as an insurance plan, that shows one need just get thus suppose one knows one may really gain over the cover plan offers or one may afford, pay out on the yearly premiums. Taking a good plan relies on jobs, the desired pay-outs, budget.

 


Editor’s Note:

While every precaution has been made to ensure the accuracy and fairness of this listing, we acknowledge that they may be inaccuracies. Therefore, we urge you to contact the service provider above for the correct information and/or contact us with the correct information.

If you are a service provider and wish to be featured in this listing (MediaOne reviews are read by hundreds of thousands of Singaporeans), please contact us at [email protected]. There is no charge! Please allow us up to 3 working days to review before adjusting the information or including your entry.

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