general
Insurance Basics in Singapore
Learn the main types of insurance in Singapore and how policies can help protect you. Understand before you buy.
Insurance Basics
Before you buy any policy, it is important to understand the various types of insurance policies in Singapore and how they can protect you. This guide from MoneySense, a Singapore Government Agency website, covers the essentials.
Types of Insurance
Insurance policies in Singapore generally fall into these categories:
- 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 to what you need can lead you to the type of insurance you require.
Comparing Life Insurance
There is a tool that allows you to compare the premiums and features of life insurance products available to the retail market in Singapore.
General Insurance
You can get up to speed on general insurance in Singapore—what is covered and what isn’t.