Life is filled with many adversities, and we can only do so much to prevent the unexpected from happening. Still, by getting the right insurance, we can protect those important to us and live a life with fewer worries and peace of mind.

There are many types of insurance but knowing what you need is crucial. Financial experts recommend life, health, home, and car or motor insurance to be among the essential ones. To help you find the best insurance company in Singapore and make excellent purchasing decisions, we feature some of the best options you’ll find.

Best Insurance Companies in Singapore

Singapore’s insurance industry is among the largest financial sector in Singapore. Here are a few of those in the bright spot to consider:

fwd

1. FWD Singapore – Best in General Insurance

FWD Singapore started its operations in 2016 and has become one of Asia’s fastest-growing insurance companies. Its products are designed to cater to its customers’ general yet evolving needs. Essential products include life protection, critical illness, motor, travel, home and property insurance, as well as savings, and investment.

It is among innovative insurers that leveraged technology in delivering its products and services to many Singaporeans today. As such, you can easily avail of any product through their website.

Highlights

  • Direct-to-customer (DTC) platform allows you to purchase directly from the website
  • Wide suite of general insurance products and services
  • Large network of financial advisors

Contact Info

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

Phone: +65 6820 8888

Address

6 Temasek Blvd, 18-01, Suntec Tower 4, Singapore 038986

Operating Hours

Weekdays: 9:00 am to 6:00 pm

Reviews

“I had to submit a claim, and the whole process was straightforward and fast. Because I do not have a bank account here in Singapore, I did have to contact support, but they were very helpful and friendly. I was mainly in contact with Krissy, she helped me a lot, and I could not have asked for better service!” – Simone

“Quick, comprehensive, and clear response from Tracy from FWD. I appreciate the prompt support and guidance when I simply need help with the purchased policy. Good customer service!” – Rosie Sim

aia logo

2. AIA Singapore Pte Ltd – Best in Health Insurance

AIA Singapore is among the top insurance companies around the Asia Pacific region since 1931. Its purpose lies in helping people live healthier, longer, and better lives by empowering them with the proper financial protection.

Recognizing that health and wellness are top priorities, AIA continues to launch programs and insurance policies that provide greater access to health and wellness solutions. They also offer disability income protection and accident protection to cover you against unforeseen events.

Highlights

  • First Singapore insurer to cover mental illness
  • 24/7 access to AIA-SG – one-stop app for all your insurance and health needs
  • Offers online health screenings and assessments with partner clinics

Contact Info

Website: https://www.era.com.sg/

Phone: +65 1800 248 8000

Address

1 Robinson Rd, AIA Tower, Singapore 048542

Operating Hours

Weekdays: 8:45 am to 5:30 pm

Reviews

“Highly recommend Isabelle Oh. She’s very prompt in response and even at claims. Gives good advice.” – Charlyene Choo

“The company is becoming more vibrant, youthful, and dynamic.” – Joanna Ash

hsbc logo

3. HSBC Insurance Singapore – Best in Personal and Business Insurance

With the aim to be Asia’s leading insurance and wealth provider, HSBC recently completed acquiring AXA Singapore. They will continue to cater to individual and commercial clients and include life, health, personal accident, employee health and benefits, health protection, and investment solutions.

Its commitment remains focused on aligning with consumer needs by providing quality insurance products and excellent customer service. Their financial consultants also offer in-depth advice to guide clients on a smooth financial journey and experience.

Highlights

  • High annual coverage limits
  • Flexible payment options
  • Wide range of investment and insurance options

Contact Info

Website: https://www.insurance.hsbc.com.sg/

Phone: +65 6225 6111

Address

21 Collyer Quay, #02-01, Singapore 049320

Operating Hours

Weekdays: 9:00 am to 5:00 pm

Reviews

“Didn’t wait for too long to get to them and Cust Svc was efficient.” – M. Luo

singlife with aviva

4. Singlife with Aviva – Best Investment-Linked Policies

Another technologically-empowered insurance provider in Singapore is Aviva. The name was introduced in Singapore as early as 2002, merged with Singlife in 2020, and now stands as one of Asia’s largest insurers.

Singlife with Aviva continues to prepare individuals with flexible investment-linked insurance plans for tomorrow’s needs. Investing is also made easy as world-class investment experts manage investment portfolios.

Highlights

  • Low minimum investment amount of S$1,000
  • You can choose from three investment portfolios depending on your risk appetite
  • Manage your Singlife account in one single and easy-to-use app

Contact Info

Website: https://singlife.com/en

Phone: +65 6827 9933

Address

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

Operating Hours

Weekdays: 8:45 am to 5:30 pm

Reviews

“So far so good! Happy with the two savings policies I have with Aviva, as I feel the returns are competitive. Out of convenience, I also tend to use Aviva for travel insurance whenever I travel – the purchase process is straightforward.” – Yvonne Yeo

“Their app was really easy to set up, amounts were reflected immediately, could link accounts very quickly and easily.” – Andrew Ng

manulife logo

5. Manulife Singapore – Best in Financial Planning Services

Established in 1899, Manulife Singapore remains a trusted name in insurance and financial management. Manulife understands that financial decisions can be complex and confusing and offers solutions through its financial planning services.

Manulife’s professional financial advisers will help you on whatever stage of your financial journey – retirement planning, growing your wealth, life and health protection, or saving for the future.

Highlights

  • Life insurance plans can be expandable to cover retrenchment and critical illness
  • Savings plans with 100% capital guaranteed
  • Wide suite of products that you can customize to specific needs

Contact Info

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

Phone: +65 6833 8188

Address

8 Cross St, Manulife Tower, Singapore 048424

Operating Hours

Weekdays: 9:00 am to 6:00 pm

Reviews

“Good service on their end, am impressed!” – Quianhui Guay

“I will like to thank my consultant for the professional advice given to me. Without her helping me to take care of the policies, I could have landed myself in insurance debts, refunds, cancellations, and so on.” – Jun Ren

great eastern life singapore logo

6. Great Eastern Life Singapore – Best Tailored Life Insurance Plans

Great Eastern Life remains at the forefront of Singapore’s insurance industry. Founded in 1908, it has gained over 13 million policyholders and S$100B in assets.

Since then, it has provided a comprehensive range of insurance products, from life and health to wealth and lifestyle needs. It is one of the best life insurance companies in Singapore. On life insurance alone, they have twelve plans to choose from depending on your needs.

Highlights

  • Affordable premiums on life plans
  • Hassle-free online application
  • Exclusive deals and treats with the Great Eastern Rewards app

Contact Info

Website: https://www.greateasternlife.com/sg/en/personal-insurance.html

Phone: +65 6248 2211

Address

1 Pickering St, #01-01 Great Eastern Centre, Singapore 048659

Operating Hours

Weekdays: 9:00 am to 5:30 pm

Reviews

“This is one of the prominent insurance companies in Singapore. The customer service is very good.” – Ganesh Kamath

“One of the best insurance companies with many great benefits for buyers. Stuff is equipped with knowledge about the insurance plan to explain to all buyers.” – Happy Tutors LC PL

prudential logo

7. Prudential Singapore – Best Family Protection Plans

Another market leader in Singapore is Prudential Assurance Company Singapore, serving over 90 years. One core purpose is to provide affordable healthcare solutions to families and individuals.

As such, your family is kept financially secure while achieving life milestones through their life protection plans. Get customizable plans according to your needs – from pregnancy to the next life stages.

Highlights

  • Customizable policy term and premium payments
  • Personalized insights from its AI-powered app Pulse
  • Pay premiums easily using iPay

Contact Info

Website: https://www.prudential.com.sg/

Phone: +65 1800 333 0333

Address

7 Straits View #06-01, Marina One East Tower, Singapore 018936

Operating Hours

Weekdays: 9:00 am to 4:00 pm

Reviews

“It’s a swift and trustworthy insurance service provider. It is secured and without hustling. Payment and claims are a breeze. Your representative is courteous, friendly, and helpful.” – Christian Mark Lara

“Good product, professional service. At the start of the pandemic, Prudential is the first to come out with complimentary coverage for policyholders, including assistance for those the received quarantine order, like me.” – Weng Kee Sim

tokio marine insurance logo

8. Tokio Marine Insurance Singapore Ltd – Best Global General Insurance

Tokio Marine offers global general insurance covering consumer and business sectors in Asia. Established in Japan over 140 years ago, its insurance services now span 46 countries, including Singapore.

Products for the personal category include travel, accident, private motor, and home insurance plans. Meanwhile, for the business category, they offer marine cargo, bonds, and guarantees, including bespoke insurance solutions for your business.

Highlights

  • With highly-experienced professional financial advisors
  • Wide suite of personal and business insurance products
  • Make hassle-free online claims

Contact Info

Website: https://www.tokiomarine.com/sg/en.html

Phone: +65 6221 6111

Address

20 McCallum St, Singapore 069046

Operating Hours

Weekdays: 9:00 am to 5:30 pm

Reviews

“Exceptional customer service. I called their hotline many years ago to enquire about an existing life policy. The staff was very knowledgeable and detailed my plan within a few minutes. Kudos to that!” – Joan Wang

“Easy way to renew my insurance.” – Hamzah Rahmat

hl assurance logo

9. HL Assurance – Best in Affordable Insurance

Hong Leong Assurance is a general direct insurer and a member of Singapore’s General Insurance Association. They offer affordable but reliable insurance in Singapore and also has a broad spectrum of financial services besides insurance, including fund management, stock-broking, and banking.

Among its core values is providing insurance products of the highest quality at affordable prices. New product offers include maid insurance and Covid19 safety travel insurance.

Highlights

  • Comprehensive coverage of personal and commercial products
  • Highly trained financial consultants
  • Easy-to-use financial app

Contact Info

Website: https://www.hlas.com.sg/

Phone: +65 6702 0202

Address

11 Keppel Rd, #11-01 ABI plaza, Singapore 089057

Operating Hours

Weekdays: 9:00 am to 6:00 pm

Reviews

“Good value annual coverage, including C19 coverage. User-friendly online purchase. Repeat customer, but the last annual package lapsed in 2020 with the pandemic. Otherwise may qualify for an NCD discount.” – Dicky Goh

“HL Assurance has been my go-to Travel Insurance for many years. They have provided the best coverage for the lowest premium, which is super easy to apply and activate—highly recommended.” – Richard Yeo

etiqa logo

10. Etiqa Insurance Singapore – Best Private Car Insurance

Etiqa is the insurance arm of Maybank, one of Asia’s leading banking groups. Like other insurance agencies, they are regulated by the Monetary Authority of Singapore. Their mandate is to make their products and solutions people-centric.

Its reputation include being one among top car insurance companies in Singapore. Aside from hassle-free applications, they also guarantee fast claims in the event of a car accident. Thus, living up to their core value of humanizing insurance by making processes simple and convenient for their clients.

Highlights

  • Comprehensive car insurance plans include usage-based motor rebates.
  • Offers car loan protection coverage.
  • 24/7 customer service assistance

Contact Info

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

Phone: +65 6887 8777

Address

One Raffles Quay, #22-01 North Tower, Singapore 048583

Operating Hours

Weekdays: 8:30 am to 5:30 pm

Reviews

“Excellent customer services. Always strict in providing prompt replies and helped resolve problems rapidly. Strongly recommend for those who have yet to buy the housing insurance to cover contents and renovations but just fire insurance only.” – Yeo Tah Keow

“I recently renewed my car insurance with HL Assurance. After checking around, the premium and terms they offered was one of the best.” – CL Amber

Singapore’s Top Insurance Companies: At a Glance

Insurance Provider

Best For

Specialty

FWD Singapore

General Insurance

Personal and Health

AIA Singapore Pte Ltd 

Health Insurance

Health and wellness

HSBC Insurance Singapore 

Personal and Business Insurance

Life and medical insurance, asset management

Singlife with Aviva

Investment-Linked Policies

Investment portfolios

Manulife Singapore 

Financial Planning Services

Wealth planning and investments

Great Eastern Life Singapore

Tailored Life Insurance Plans

Life insurance

Prudential Singapore 

Family Protection Plans

Family and life protection

Tokio Marine Insurance Singapore Ltd 

Global General Insurance 

Business insurance

HL Assurance 

Affordable Insurance

Life and health 

Etiqa Insurance Singapore 

Fast Claims

Private car insurance

Closing

Key Takeaways:

  • Insurance is a huge investment, and it is crucial to choose the right one for you.
  • Choose a provider, an insurance agent, or a financial consultant that has a proven track and history.
  • Always compare deals and products among top providers.

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