There’s a long list of insurance companies operating across Singapore, so you might find it a little hard to find the best one.
However, we list down below the top 5 insurance companies in Singapore that you have probably heard of.
NTUC Income
Founded in 1970, NTUC Income was established as an insurance cooperative in Singapore. NTUC offers a variety of insurance products that range from life, home, business, and travel insurance, among others. NTUC Income became a top insurance company in Singapore in 2017, boosting its dominance in the country. Also, the company’s Specialized Care insurance offers insurance overage for the elderly and individuals with autism and down syndrome.
AIA Singapore
AIA offers insurance products for both individuals and businesses. Some of their products include life and medical protection, disability income protection, savings, investments, travel insurance and the like. AIA Group, which is the largest publicly-listed pan-Asian life insurance group, owns AIA Singapore.
Aviva
Singaporean guys should know Aviva as it is the official insurance company for Singapore’s National Service. British company Aviva maintains a physical office in Singapore. Besides insurance products, the company also offers a variety of investment solutions including asset management.
Great Eastern Life
Great Eastern has been around since 1908 and is the largest life insurance company in Singapore and Malaysia. An established insurance company, it has catered service to over 3 million policyholders. Great Eastern’s Flexi Maternity Cover is a popular product specifically for mothers and their newborn. This maternity plan provides coverage in case of complications in the pregnancy or congenital illness of the baby.
Prudential
With around 24 million clients globally, Prudential has established itself as one of the most credible insurers in the world. The company is popular for its medical protection, savings and investment, and retirement plans.
Also read: The Importance Of Having Life Insurance for Millennials
