Best Personal Accident Insurance Singapore

The field of insurance is becoming more niche based on our needs and requirements. Depending on the field of our occupation, many a times, accidents are unavoidable. But what is avoidable is shelling out all expenses from our own pocket in case accidents do occur. Hospital expenses whether in Singapore or overseas can be quite expensive. Additionally, temporary or permanent disablement arising out of such accidents can take a toll on our physical, mental and financial health.

During such trying times, having a personal accident insurance can help compensate for multiple losses arising out of unfortunate circumstances. Personal Accident Insurance policies in Singapore offer accidental death cover, total permanent disability cover, daily cash allowance, fund for your dependents, etc. Depending on the policy, you may also get cover for emergency medical evacuation, cover for leisure and recreational sports as well as personal liability.

Best Personal Accident Insurance Providers in Singapore

FWD Personal Accident Insurance

Choose from 5 different plans that offer varying covers for accidental death, permanent total or partial disability, ambulance fee, funeral grant, emergency assistance and more.

Here are the pros of the FWD Personal Accident Insurance:

  • Accidental death cover starting from S$100,000 and up to S$1 million.
  • Permanent total or partial disability cover starting from S$100,000 and up to S$1 million.
  • Medical expenses cover that includes inpatient as well as outpatient cover starting from S$2,000 and up to S$15,000.
  • Weekly income benefits in case of temporary total disability and daily hospital income for certain plans starting from S$300 and up to S$500.
  • Optional riders include enhanced cover for daily hospital income, additional permanent total or partial disability cover, etc.
  • Lifestyle benefits include home modification expense cover starting from S$10,000 and up to S$50,000, daily taxi allowance ranging between S$20 and S$100, etc.
  • Unlimited cover for emergency medical evacuation when overseas.
  • Guardian angel benefit which is payable to surviving children in case of accidental death of both parents ranging between S$100,000 and S$500,000.

NTUC Personal Accident Insurance

NTUC personal accident insurance policy offers permanent disability cover, medical expenses arising due to an accident, child support fund and infectious diseases cover.

Here are the pros of the NTUC Personal Accident Insurance:

  • Children will enjoy a premium discount of 40% if any of the parents are covered under this policy.
  • Accidental death cover starting from S$100,000 and up to S$1 million.
  • Permanent disability cover starting from S$150,000 and up to S$1.5 million.
  • Diagnostics procedures and tests cover ranging between S$1,000 and S$5,000.
  • Child support fund starting from S$5,000 and up to S$35,000.
  • Ambulance fee up to S$200.
  • Emergency medical evacuation cover up to S$50,000.
  • Optional cover includes death benefit in case of death arising from an infectious disease, ranging between S$100,000 and S$500,000.
  • Daily hospital income and weekly cash available for all plans ranging between S$100 and S$500.

Aviva Personal Accident Policy

Aviva personal accident policy offers cover for accidental death and permanent disablement, medical expenses, hospital allowance, etc. The cover is also extended to personal liability.

Here are the pros of the Aviva Personal Accident Policy:

  • Accidental death and permanent disablement cover starting from S$100,000 and up to S$300,000.
  • Medical expenses cover starting from S$3,000 and up to S$5,000.
  • Daily hospital allowance starting from S$50 and up to S$200.
  • Personal liability cover starting from S$100,000 and up to S$300,000.
  • Optional benefits include weekly temporary disablement cover of up to S$200 per week and reimbursement of ambulance service and mobility aid of up to S$2,000.

AIA Solitaire Personal Accident Protection

AIA personal accident protection policy offers cover for accidental death, medical reimbursement for medical expenses, total disablement cover as well as accidental burns benefit. Choose from 4 different plans with varying compensations.

Here are the pros of the AIA Solitaire Personal Accident Protection:

  • Accidental death benefit starting from S$100,000 and up to S$750,000.
  • Accidental dismemberment and burns benefit starting from S$100,000 and up to S$750,000.
  • Accidental permanent total disablement benefit starting from S$150,000 and up to S$1,125,000.
  • Accidental medical reimbursement ranging between S$2,000 and S$5,000.
  • Optional benefits include family support fund, weekly income benefit, daily hospital income, ambulance fee and emergency medical evacuation and repatriation cover.

AXA SmartPersonal Accident

AXA SmartPersoanl accident policy offers cover for accidental death and permanent disablement, compassionate allowance such as funeral expense cover and medical expense cover.

Here are the pros of the AXA SmartPersonal Accident:

  • Accidental death and permanent disablement cover starting from S$100,000 and up to S$300,000.
  • Medical expenses cover starting from S$2,000 and up to S$6,000.
  • Optional benefits include daily hospital cash allowance, income/loan protection cover, weekly benefits in case of temporary disablement and children’s fund.
  • For the cover offered, the premiums are cheaper compared to other plans.

Compare & Review Best Personal Accident Insurance in Singapore

Here’s an illustration of what features are covered, not covered and what the premiums look like for each insurance policy.

Categories FWD Personal Accident Insurance NTUC Personal Accident Insurance Aviva Personal Accident Policy AIA Solitaire Personal Accident Protection AXA SmartPersonal Accident

Premium range

Not available

Yearly premiums between S$198 and S$2,185

Not available

Yearly premiums between S$176.33 and S$1,784.03

Yearly premiums between S$85.60 and S$359.52

Coverage

Accidental death

Permanent disability

Medical expenses

Funeral grant

Weekly income benefit/daily hospital income

Child support fund

Accidental death

Permanent disability

Medical expenses

Daily hospital income/weekly cash

Emergency medical evacuation

Child support fund

Ambulance fee

Accidental death,

Permanent disability,

Medical expenses

Daily Hospital cash allowance

Personal liability cover

Accidental death

Permanent disability

Accident medical reimbursement

Accidental death and Permanent disability

Accidental medical expenses

Not Covered

NA

Permanent partial disability cover

Emergency medical evacuation

Permanent partial disability cover

Permanent partial disability cover

Emergency medical evacuation

Permanent partial disability cover

Optional riders

Cover for damage to electronic devices

Enhancing cover for basic benefits

Infectious diseases cover

Weekly temporary disablement cover

Mobility Aid and Ambulance reimbursement

Weekly income benefit

Family support fund

Hospital income benefit

Ambulance services benefit

Broken bones benefit

Emergency medical evacuation

Daily hospital cash allowance

Weekly benefit for temporary disablement

Children’s education fund cover

Unique benefits

Total partial disability

Personal Liability cover

Daily taxi allowance

Unlimited cover for emergency medical evacuation

Trauma counseling expenses

Terrorism/riot/hijack/murder/assault, etc. cover.

Food poisoning/ suffocation cover.

Exposure to natural elements cover.

Miscarriage due to an accident cover

Personal liability cover

Leisure and sports activity cover

Double indemnity in case of accidental death on a public conveyance belt.

Accidental burns benefit

Income protection and loan protection (optional rider)

Dependent cover extended to parents

How to choose the best Personal Accident Insurance in Singapore

To decide which personal accident insurance is best for you, you must check the benefits and riders of each insurance policy and determine the covers that are most applicable to you:

  • All personal accident insurance providers offer cover for personal accident and total permanent disability. But apart from those benefits, you should determine which policy is best for you depending on your occupation. For instance, if you work in a clinical laboratory, you should get a policy that covers infectious diseases.
  • If you frequently travel overseas, you should get a personal accident insurance that offers cover for emergency medical evacuation. This is because, without an insurance, medical evacuations are highly expensive.
  • If you take part in recreational sports often, opt for a policy that covers such sports, so, in case of an accident, you don’t have to bare all the expenses.
  • If you are a parent, then it is advisable to get an insurance that offers a payout or a fund for your children’s education or future expenses. 
reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.