Understanding health insurance in Singapore

Health insurance helps pay for your healthcare costs if you get injured, sick or disabled. Find out what health insurance covers, how it works and why you need to be insured.

Major/Key insurance brands in Singapore

What you should know about health insurance

Types of health insurance policies in Singapore

With so many insurance policies available, it can be daunting to know which policy is most suited to protect your health. Learn more about the specific products that provide health, hospitalisation, and life coverage.

MediShield Life

MediShield Life is a basic health insurance plan given to all Singapore Citizens and Permanent Residents to help pay for their hospital and medical expenses. It is administered by the Central Provident Fund (CPF) Board with lifelong coverage.

Integrated Shield Plan (IP)

An Integrated Shield Plan is a health insurance plan which offers additional benefits on top of that provided by MediShield Life. Coverage can include treatment and hospitalisation costs at private hospitals.

CareShield Life

CareShield Life is a long-term care insurance scheme that provides basic financial support for Singaporeans who are severely disabled, even during old age, and need prolonged personal and medical care.

Critical Illness Policy

Critical illness insurance generally refers to a type of insurance that pays out a lump sum if you are diagnosed with a critical illness covered by the policy.

Term Life Policy

Term life insurance covers you for a fixed period of time with a lump-sum payout if you are diagnosed with terminal illness or total permanent disability.

Whole Life Policy

Whole life insurance provides life-long protection with a lump-sum payout if you are diagnosed with terminal illness or total permanent disability.

Personal Accident Policy

A personal accident plan provides financial protection against accident-related complications. It provides compensation for injuries, disabilities and death.

Disability Income Insurance

Disability income insurance provides a payout for the loss of income due to an accident or illness that causes temporary or/and permanent disability which affects the insured’s ability to carry out the duties of their occupation.

Legacy Planning Policy

Legacy planning is the act of preparing how you will bequeath your property and assets to your loved ones after your death.

Do you have adequate insurance coverage?

We should have different insurance policies at different stages of our lives. For instance, someone who is starting a family should have more hospitalisation coverage in case an unexpected accident happens.

Explore our blog for tips, guides, insurance and health updates.​

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