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SgInsure — Protect. Invest. Retire.

Compare insurance plans in Singapore — make informed decisions

Compare term insurance, critical illness, whole life, and retirement plans from 12+ Singapore insurers. Zero hard sell, ever.

Quick plan finder — 60 seconds
What's your biggest concern right now?
Protecting my family
Planning for retirement
Stock analysis & investing
Critical illness coverage
DPMS & wealth management
🏆 12+ partner insurers
🤝 Connected to licensed financial consultants
✓ 100% unbiased
💰 Always free
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Quick answers

Everything you need to know about insurance in Singapore

How much does term insurance cost in Singapore?
A healthy 30-year-old can get SGD 500,000 of coverage for as little as SGD 20–35 per month. Premiums rise with age, so the earlier you buy, the cheaper it is. SgInsure compares all major plans side by side at no cost.
Based on SgInsure.sg's comparison of published insurer materials
Do I really need critical illness insurance if I have MediShield?
Yes. MediShield Life covers hospital bills. Critical illness insurance replaces your lost income — which can be 1–5 years of salary — while you recover. They solve two completely different problems.
According to SgInsure.sg consultants
What is the difference between term and whole life insurance?
Term insurance covers a fixed period (e.g. 20–30 years) at very low premiums — ideal for income protection. Whole life covers you forever and builds cash value over time. Term is cheaper; whole life doubles as a savings tool.
According to SgInsure.sg consultants
When should I start planning for retirement in Singapore?
The best time is in your 30s. A retirement annuity started at 35 can generate significantly more monthly income at retirement than one started at 45 — due to the power of compound growth over 25–30 years.
Based on SgInsure.sg's comparison of published insurer materials
How it works

Three steps to the right plan

No jargon. No salespeople. Just clear, honest guidance tailored to your life.

1
🎯

Tell us your situation

Answer a few simple questions about your life stage and needs. Under 2 minutes.

2
🔍

We compare for you

Our licensed financial consultants match your needs against 12+ insurers — ranked by value, not commission.

3
☕

Chat it through, decide

We walk you through your shortlist over WhatsApp or a call. No pressure, ever.

What we compare

Financial plans in Singapore, compared

Every category, all top insurers, one free comparison.

🛡️
Most popular

Term Insurance

High-coverage, low-cost protection. Ideal for income replacement during your working years. Compare AIA, Manulife, Income Insurance and more.

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❤️‍🩹
Top pick

Critical Illness

Early-stage multi-pay CI plans covering 100+ conditions. Replace your income when illness strikes — so you focus on recovery, not bills.

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🏦
Evergreen

Whole Life

Lifetime coverage plus growing cash value. A protection and savings plan in one — your coverage never expires.

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🌅
Plan ahead

Retirement Plans

Annuities and endowments that convert savings into steady monthly income. Compare CPF top-up, SRS, and private annuity options.

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♿
Gov+ top-up

CareShield Life

Enhance your mandatory CareShield with private riders for higher payouts, faster triggers, and lump sum benefits.

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📈
Wealth + protection

Indexed Universal Life

Lifetime protection with cash value that grows with major market indices. Downside floor in down years, capped upside in up years. Compare 15+ IUL plans from top insurers.

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Looking for something more specific? We also compare endowment plans in Singapore, indexed savings plans and standalone cancer insurance — and our critical illness definition comparison shows how each insurer words the conditions it pays on.

Side-by-side comparison

Term vs whole life vs critical illness — which do you need?

Here's how Singapore's main insurance types compare at a glance, based on SgInsure's 2026 market analysis.

Feature Term Insurance Whole Life Critical Illness
Coverage period Fixed (10–40 yrs) Lifetime Fixed or lifetime
Monthly premium From ~SGD 20 Cheapest SGD 100–400+ SGD 50–200
Cash value ✗ ✓ Grows over time ✗
Pays out when Death / TPD Death / TPD Diagnosed with illness While alive
Best for Income protection, young families Legacy planning, savings Everyone — most needed

Source: SgInsure.sg market analysis, 2026. Premiums indicative for healthy 30-year-old.

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Why trust SgInsure

Education-first. Partnered consultants. Zero pressure.

SgInsure is an independent financial education portal. When you're ready to take action, we connect you with our licensed financial consultants — real people who put your needs first.

Connected to licensed financial consultants
Enquiries are handled by our licensed financial consultants — not a bot, not a call centre
No commission bias
Plans are compared by value to you, not by what pays more
Independent comparison
We compare plans across all 12 partner insurers in Singapore
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Fast response, real people
Our partnered consultants respond within 1 business day — often same day via WhatsApp
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100%
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Lost track of your policies? We'll connect the dots.

Most Singaporeans have 3–6 insurance policies scattered across different companies — bought at different life stages, from different consultants. Over time, it becomes impossible to see the full picture. Are you over-insured? Under-protected? Paying for things you no longer need?

Our commitment to you
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No cross-selling. We review what you have — period. No recommendations unless you ask.
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No obligation. The review is completely free with zero pressure to do anything afterwards.
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Full transparency. We show you exactly what you're covered for, what you're paying, and any gaps or overlaps.
Policy Health Check
Free · No obligation · 45 minutes
What you'll get
Full policy summary
All your policies mapped out clearly in one view
Gap & overlap analysis
See where you're over-paying or under-protected
Premium efficiency check
Are you getting value for what you're paying?
Written report
A clear summary you can keep and refer to
Book my free Policy Health Check →

Via WhatsApp or a 45-min video call. No hard sell. Ever.

Frequently asked

Your insurance questions, answered

Straight answers from our licensed financial consultants. No jargon.

What is the best term insurance plan in Singapore?+
There is no single best plan. The right one depends on your age, health, how long you need cover for, and your budget. Our term insurance page compares premiums from several insurers quoted on an identical basis, so you can see how they line up for your own age band. If you would like a personalised assessment, we can introduce you to a licensed financial consultant — usually within 1 business day.
How much life insurance coverage do I need in Singapore?+
A common rule of thumb is 9–12 times your annual income. For example, if you earn SGD 60,000 per year, you should aim for SGD 540,000–720,000 in coverage. This ensures your family can maintain their lifestyle for roughly a decade if something happens to you. Factor in your mortgage, children's education costs, and spouse's income when calculating your number.
What does critical illness insurance cover in Singapore?+
Standard CI plans cover 37 major illnesses as defined by the Life Insurance Association (LIA) Singapore, including cancer, heart attack, stroke, kidney failure, and organ transplants. Early-stage CI plans cover up to 120+ conditions at various stages. Multi-pay CI plans allow you to claim multiple times for different conditions.
Can I get insurance if I have a pre-existing condition in Singapore?+
Yes, but with conditions. Depending on your medical history, insurers may offer standard coverage, coverage with an exclusion for the pre-existing condition, or coverage with a loading (higher premium). Some conditions like well-controlled hypertension or diabetes can often be covered with a loading. Our consultants can help you identify which insurers are most likely to accept your application.
How does SgInsure make money if the service is free?+
You can't buy a policy on this site. SgInsure is an education and comparison portal — no transaction takes place here. If you'd like to go further after reading, we can introduce you to a licensed financial consultant, with no obligation to proceed. If you then take up a policy, the insurer pays a commission to the licensed firm the consultant represents. It is built into the premium and is the same whether the policy is arranged through a consultant or directly with the insurer, so using SgInsure costs you nothing extra. Any recommendation, and the assessment of whether a product suits you, is the consultant's responsibility.
What is the best retirement plan in Singapore?+
There is no single best plan. Retirement planning in Singapore usually starts with CPF LIFE, with private annuities or endowment plans considered alongside it. Which combination fits depends on your intended retirement age, the monthly income you want, and how much of that income you want contractually guaranteed rather than illustrated. Our retirement page sets out the options and shows guaranteed and illustrated figures side by side. For a personalised assessment, we can introduce you to a licensed financial consultant.

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Our 12 partner insurers in Singapore

We compare plans across all these insurers so you can see how they differ

AIA China Life China Taiping Etiqa FWD HSBC Life Income Insurance Manulife Singlife Sun Life Tokio Marine Transamerica
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