general
Understanding Insurance Types in Singapore
Learn about life, health, and general insurance in Singapore and how they protect you.
Insurance Basics
MoneySense, a Singapore Government Agency Website, provides an overview of insurance basics. Before you buy any policy, understand the various types of insurance policies in Singapore and how they can protect you.
Types of Insurance
Insurance policies are generally categorized into:
- Life insurance
- Health insurance
- General insurance
How Insurance Works
Insurance policies help you cover your loss should something happen – what they cover depends on the specific policy. Your answer can lead you to the type of insurance you need. MoneySense also allows you to compare the premiums and features of life insurance products available to the retail market in Singapore. For general insurance, you can get up to speed on what’s covered and what isn’t.