Compare and buy Personal Accident Insurance in Singapore

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Buy Personal Accident Insurance In 5 Simple Steps

We are not just a regular Personal Accident Insurance comparison platform. On Insurance Market we stop the confusion and create “zen” by showing you exactly which policy provides you best value for money based on your personalised needs. On top of that we help you with your admin. We do that by storing your new policy in your own online account, available to you any time anywhere. This account can also be used for other policies you buy through us. This way we create a neat policy overview and enable you to keep your personal details up-to-date, which will come in handy next time you book a policy, saving you from having to endlessly input the same information.

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Personalised Choice

All of us are different and have our own personalised needs. Suitable Personal Accident Insurance for one person may not necessarily be the best policy for another. Insurance Market recommends the best Personal Accident Insurance policies, based on your personal requirements and preferences.

Best Value for Money

A cheap policy may turn out not providing the level of cover you need and may cost you a lot at the end of the day. We compare insurers not only on price but use sophisticated algorithms to give you a quick score that makes the quality of their coverage comparable. So you have all the info you need to choose.

Unbiased Advice

We look at policies clinically and without bias. We apply our rating models and analysis when we compare across different types of Personal Accident Insurance policies in Singapore. We gather all the important information and then recommend the best policies for you to choose from.

Testimonial Personal Accident Insurance David

What our customers say…

“Unfortunately I have broken my leg. When A friend of mine told me that I should have gotten a Personal Accident Insurance I looked it up. I bought it and now I have peace of mind that for next time something happens.”


Available Personal Accident Insurance Policies

Currently, Insurance Market has the following Personal Accident Insurance Policies available to compare and buy directly online:

Buy Liberty PACare

Liberty PACare

PACare Plus Essential, from S$105.93

PACare Plus Economy, from S$171.20

PACare Plus Executive, from S$310.30

PACare Plus Elite, from S$454.75

Buy Liberty
Buy Sompo PA Star

Sompo PA Star

Sompo PA Star Standard, from S$101.65

PA Star Deluxe, from S$ 169.06

PA Star Elite, from S$281.41

PA Star Elite 2, from S$388.41

PA Star Elite 6, from S$602.41

Buy Sompo PA Star
Buy MSIG Protection Plus

MSIG Protection Plus

Protection Plus Silver, from S$ 123.05

Protection Plus Gold, from S$208,65

Protection Plus Platinum, from S$ 388.41

Buy MSIG Protection Plus

Learn more on Personal Accident Insurance

What do you need to know before buying Personal Accident Insurance?

General & Eligibility

In general you can apply for this Policy if you are between the age of 18 to 65 years old. You must be a Singapore Citizen, Singapore Permanent resident or a foreigner holding a valid pass issued by Singapore government and is residing in Singapore.
Yes. If you satisfy the requirements for personal accident insurance, you can purchase your insurance and make payment online. Once we confirm with you that we have collected your premium through our online payment gateway, you will have successfully purchased your policy. This should take a minute or two, and you will then be insured.
An Accident is an event which is sudden, unexpected or unforeseen and it leads to an outcome which the Insured person did not intend or anticipate. It does not include the progressive cumulative result of a series of small incidents.
Yes, you can submit your application together with the details of your previous accident. You should include when the accident happened, the cause of the accident and the medical treatment that you received. The insurer will assess your condition and contact you on their decision.
No. The Policy premium is not affected by age and does not increase as you get older.
Each occupation type involves specific work activities which would expose the individual to different risk hazards and this has a direct effect on the premium chargeable.
No. You will be accepted based on your health declaration on the Application Form. For your child, he will also be accepted on the same basis. The health declaration can be made by you (the Policyholder) or the Child.
Some insurers have PA insurance policies designed specifically for the young. In general parents who are Singaporeans, Singapore Permanent Residents or Foreigners with valid employment passes or work permits can apply as Policyholders.

Eligible child must be at least one month old to below 21 years old (usually based on Age next birthday) who is dependent, unmarried and unemployed natural child, legal step-child and legally adopted child of the Policyholder. For those in full-time tertiary institutions, the age limit will be extended to 25 years of age. Both Policyholder and Child have to be residing in Singapore.

Cover and Benefits

A Personal Accident (PA) Insurance is designed to provide financial protection and financial burden relief to you (the insured) against the risk of accidental death or bodily injury happening to you. Upon accidental death of the insured, this policy will pay a sum of money to his beneficiary (usually the dependent). Another important function is to help mitigate loss of potential future income and to fund additional expenses incurred due to any disability condition and therefore unable to conduct his usual occupation or work.
A Benefit Policy is a contract to pay a sum of money in the event of a certain contingency, irrespective of whether or not the insured sustains a financial loss. Hence, there is no need to prove the quantum of loss, unlike a contract of indemnity.
These are the common benefits in a PA insurance policy:

  1. Accidental death
  2. Permanent Total Disablement
  3. Temporary Disablement (Total or Partial)
  4. Medical expenses
  5. Double indemnity
  6. Hospital Cash
This type of insurance is of particular benefit to individuals who are self-employed and individuals with needs for financial protection against accident death, permanent total or partial disability, as well as for funds to meet with potentially huge medical bills especially for treatment in event of serious or protracted accidental bodily injuries.
It is not compulsory for companies to buy group insurance or corporate insurance (personal accident may be included) for the employees. For the same reason that any individual can be exposed to accidental risk at any time and place, an employee can be well prepared to handle accidental events by securing his own PA coverage.
Both policies offer coverage for accidental related risks in different ways.
Travel Insurance covers you against mishaps, expenses and liabilities during your trip out of Singapore.
Personal Accident Insurance covers you against the risk of accidental death, bodily injury or medical expenses within Singapore. In general you are covered while you are overseas for a period of 180 days from the day of departure from Singapore only. In this respect PA Insurance policy has limited worldwide geographical coverage.

Insurance Market Pte Ltd is a MAS approved broker
Our address is Oxley Biz Hub #03-65, 65 Ubi Road 1, Singapore 408729

The above prices are normal non discounted starting off prices. The actually policy premium maybe higher depending on your personal situation and requirements.

IPhoto credit: Anthony Crider