EQ Insurance Singapore – My Detailed Guide to Their Car, Travel, Business & Personal Protection Plans
If you're someone who prefers local insurance companies with personalised service, EQ Insurance Company Singapore is definitely worth a look. Formerly known as India International Insurance, EQ Insurance is one of Singapore’s established general insurers with decades of experience in protecting individuals and businesses across a wide range of sectors.
EQ Insurance doesn’t try to overwhelm you with products. Instead, they focus on solid, practical insurance plans that cover what matters—from your car and travel to your home, business, and even pets. Their approach is simple: understand your needs and provide tailored coverage that works.
Here’s my full breakdown of the insurance plans currently available from EQ Insurance Singapore:
🚗 1. Motor Insurance – Reliable Protection for Every Type of Driver
✅ Private Car Insurance
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Covers:
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Accidental damage, fire, and theft
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Third-party liability (bodily injury & property damage)
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Windscreen repair and towing charges
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Options for:
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Authorised workshop or any workshop of your choice
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24/7 roadside assistance
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Personal accident benefits for driver and passengers
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Why it stands out: EQ's motor insurance is competitive in price and offers real value if you want both flexibility and solid protection.
✈️ 2. Travel Insurance – For Leisure and Business Trips
✅ EQ Travel Protect
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Covers:
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Emergency medical expenses overseas
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Trip cancellation or interruption
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Flight delay or baggage loss
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Emergency medical evacuation
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Personal accident cover
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What I like: The plan provides dependable travel cover at fair premiums, and their claims process is user-friendly.
🏠 3. Home Insurance – Comprehensive Coverage for Homeowners and Tenants
✅ HomeGuard
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Covers:
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Fire, theft, and water damage
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Renovations and household contents
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Alternative accommodation (if your home is uninhabitable)
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Personal liability to third parties
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Best for: HDB, condo, and landed property owners who want to safeguard their home and lifestyle with one plan.
🧑⚕️ 4. Personal Accident Insurance – All-Round Protection
✅ EQ Personal Accident Plan
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Covers:
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Accidental death and permanent disability
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Medical expenses reimbursement
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Weekly hospital cash benefit
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24/7 worldwide protection
Perfect for: Individuals and families who want basic accident protection without complex exclusions.
🏢 5. Business Insurance – SME-Focused Commercial Coverage
EQ Insurance also provides a range of customisable insurance solutions for businesses, including:
✅ SME Business Package
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Covers:
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Property damage (due to fire, flood, theft)
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Business interruption/loss of profits
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Public liability
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Burglary and money loss
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Employer’s liability and Work Injury Compensation
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✅ Work Injury Compensation Insurance (WICA)
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Complies with MOM regulations
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Covers employees for:
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Work-related injuries
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Medical bills
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Lost wages
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Death or permanent disability benefits
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✅ Marine Cargo & Transit Insurance
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For importers, exporters, and logistics companies
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Covers goods during transit by sea, air, or land
Why I recommend it: Their commercial plans are designed for Singaporean SMEs, and the underwriting team works directly with clients for tailored solutions.
🐶 6. Pet Insurance – A Nice Bonus for Pet Owners
EQ Insurance also offers PetCare Insurance, which is great for those who want to protect their dogs or cats from accidents or illnesses.
✅ EQ PetCare
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Covers:
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Veterinary fees for injury or illness
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Death due to accident or illness
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Theft (for pedigree pets)
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Third-party liability
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Who it’s for: Responsible pet owners looking for affordable pet health coverage without overpaying.
🧳 7. Maid Insurance – For FDW Employers in Singapore
✅ EQ Maid Insurance
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Meets all MOM requirements
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Covers:
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Hospitalisation and surgical expenses
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Personal accident protection for the maid
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Repatriation costs
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Letter of guarantee to MOM
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Optional:
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Waiver of indemnity
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Replacement maid costs
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Great for: Employers who want no-fuss, cost-effective coverage for their domestic helper.
📱 Key Features & Service Strengths
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Fast policy issuance via agents or digital platforms
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Competitive premiums for individuals and SMEs
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Local claims service team with strong reputation
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Customisable plans across personal and commercial lines
✨ Final Thoughts – Why I Appreciate EQ Insurance Singapore
What makes EQ Insurance Singapore special for me is that they stay focused on the basics—no unnecessary frills, just well-built protection plans that deliver when you need them. Whether you're a young family insuring your car and home or a business owner protecting your operations, EQ’s plans are clear, fair, and backed by strong local knowledge.
If you value transparent pricing, responsive service, and easy-to-understand coverage, EQ Insurance is a smart choice to keep in your shortlist.
🔗 Official Website: https://www.eqinsurance.com.sg
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