Ensure that your insurance premiums are well spent with our review of the best insurance plans you can find in Singapore.
The Best Insurance Plans in Singapore by Individual Product Categories
This list of the best insurance plans in Singapore is constantly updated to keep you informed of the insurance policies that provide outstanding value to you.
The categories of insurance plans presented in order of sequence and covered in this article include:
- The Best of Whole Life Insurance Plans in Singapore
- The Best of Investment-Linked Policies (ILPs) in Singapore
- The Best of Retirement Annuity Income Plans in Singapore
Keep your options open with policies reviewed from across all insurers based on features and benefits. It doesn’t hurt to compare before you commit, especially when it is 100% free!
Whole Life Insurance Plans – Best across insurance companies in Singapore
Whole life insurance policies enable you to get insurance coverage with a coverage multiplier booster while accumulating a lump sum cash value consisting of a guaranteed and non-guaranteed nature.
The following reviews are available for whole life insurance plans selected across all insurance companies in Singapore:
- The 3 Best Whole Life Plans in Singapore (Coverage and Wealth Features)
- The 8 Best Whole Life Plans in Singapore (Based on Products Features)
With a lifetime of insurance coverage and guaranteed cash value upon surrendering of the policy, a whole life plan is your best option for protection and financial returns.
The 3 Best Whole Life Plans in Singapore (Coverage and Wealth Features)
Only the best whole life plans with an excellent balance of insurance coverage and long-term wealth accumulation features are featured in this list.
The featured whole life plans are great for those seeking a general “all-in-one” solution without wanting to worry about the small things in life.
- Best Whole Life Insurance Plan for Overall Features: FWD Life Protection
- Best Whole Life Insurance Plan for Highest Surrender Value: Singlife Whole Life
- Best Whole Life Insurance Plan for Lifelong Coverage: China Taiping i-Secure Lgeacy (II)
In-depth review: The 3 Best Whole Life Insurance Policies in Singapore for Insurance Coverage (2024 Edition)
Investment Linked policies (ILPs) – Best across insurance companies in Singapore
Better start early if you are looking for insurance coverage and long-term wealth accumulation. Investment-linked policies are best for risk takers that expect no cap on their investment returns.
The 3 Best Investment Linked Policies in Singapore for Coverage and Wealth Accumulation
Investment Linked Policies are the most suitable options for young people that have started financial planning. You want that insurance coverage and investment features at the same time!
- Best Investment Linked Policy for Wealth Accumulation: HSBC Life Wealth Abundance
- Best Investment Linked Policy for Budgeted Investors: Etiqa Invest Smart Flex
- Best Investment Linked Policy for Insurance Coverage: Manulife ManuInvest Duo
In-depth review: The 3 Best Investment Linked policies in Singapore for Coverage and Wealth Accumulation (2024 Edition)
Retirement Plans and Annuity Policies – Best across insurance companies in Singapore
When all you seek is assurance and a stable income upon retirement, look no further for a consistent and guaranteed high payout from the retirement plans and policies listed here.
The following reviews are available for retirement annuity plans selected across all insurance companies in Singapore:
- The 4 Best Retirement Plans in Singapore
In the event of doubt, just remember that retirement plans provide the most financial benefits when you start early.
Read about: The complete guide to retirement planning in Singapore (2024 Edition) *NEW*
The 4 Best Retirement Plans in Singapore
The annuities featured below are highlighted for their outstanding financial returns and/or product features within the range of retirement plans that pay a high income during your retirement.
- Best High-Income Payout Retirement Plan for Lowest Premiums: China Taiping i-Retire II
- Best High-Income Payout Retirement Plan for Inflated Income : Etiqa Enrich Retirement
- Best High-Income Payout Retirement Plan for Guaranteed Payout: Singlife Flexi Retirement II
- Best High-Income Payout Retirement Plan for Disability Benefit: Manulife RetireReady Plus III
In-depth review: The 4 Best Retirement Plans in Singapore for Income and Features (2024 Edition)
What should you look out for when taking up a new insurance plan?
We can’t stress enough that financial returns and policies benefits differ among insurance companies. Depending on your health and insurance needs, financial goals and objectives, here are 3 things you should consider before taking up a new financial product.
We are not expecting you to fully understand how insurance plans and policies works but here are some guides on insurance terms and jargons for those interested:
- Understanding how to read your insurance policies (Part 1 of 2)
- Understanding how to read your insurance policies (Part 2 of 2)
Which type of insurance plans is the most suitable for you?
Read about where to start with financial planning or why a financial budget should not stop you from getting essential coverage and financial planning. Financial planning is not that hard when you have an idea of what is important to you.
Read also: How can you beat inflation in Singapore
Read also: How can you achieve a million dollar in saving (Realistically)
What are the best insurance plans based on your needs?
Let us compare and find the best insurance plans and policies based on your personal financial goals and objectives. Don’t worry, any financial products or service proposed by our partnered licensed financial advisers are 100% free.
*For a limited time, get attractive incentives when you take up any product that is proposed by our team of financial planners.
We compare insurance plans from all leading insurers in Singapore!
