MSIG Insurance Singapore – My Full Breakdown of Their General and Personal Insurance Plans
When it comes to trusted general insurers in Singapore, one name I always recommend to friends and blog readers is MSIG Insurance Singapore. Backed by the Mitsui Sumitomo Insurance Company, MSIG is part of the MS&AD Insurance Group, one of the largest general insurance groups in Asia. That means they bring the strength of a regional giant with the local service and innovation that Singaporeans appreciate.
What I like most about MSIG is how comprehensive yet easy-to-understand their product lineup is. Whether you’re protecting your home, car, business, health, or travel plans, MSIG likely has a tailored solution for you.
So here’s my detailed breakdown of all the key insurance products MSIG Singapore offers, explained clearly so you can decide which fits your needs best.
🚘 1. Motor Insurance – Coverage for Private Car, Motorcycle & EVs
✅ Private Car Insurance
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Covers:
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Accidental damage
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Fire & theft
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Third-party injury and property
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Add-ons:
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Loss of Use benefit (rental car while yours is in the workshop)
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24/7 Roadside Assistance
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Excess Waiver
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Access to MSIG’s trusted repair workshop network
✅ Motorcycle Insurance
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Third-party or comprehensive options
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Covers accident, fire, theft, third-party damage
Why it works: Reliable, efficient claims and flexible add-ons make this ideal for everyday drivers and professionals alike.
✈️ 2. Travel Insurance – One of the Most Popular in Singapore
✅ TravelEasy®
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Covers:
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Medical expenses overseas
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Trip cancellation, curtailment, and delay
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Baggage loss or damage
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Personal accident
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COVID-19 coverage (optional)
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Available as:
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Single-trip
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Annual multi-trip
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Why I recommend it: It’s one of the most comprehensive travel policies in the market, and claims are processed quickly.
🏠 3. Home Insurance – For Owners, Renters & Landlords
✅ Enhanced HomePlus
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Covers:
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Home contents and renovations
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Alternative accommodation
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Fire, flood, theft, and burst pipes
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Additional benefits:
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Personal liability
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Accidental death coverage for family
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Home concierge service
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✅ HomeShield (HDB Insurance)
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Tailored for HDB flat owners
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Covers fixtures and fittings, household contents
Great for: Homeowners who want reliable protection for both structural and lifestyle aspects of their homes.
🧑⚕️ 4. Personal Accident Insurance
✅ PAEasy
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Provides 24/7 worldwide coverage
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Covers:
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Accidental death
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Permanent disability
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Medical expenses (hospitalisation, outpatient)
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Daily hospital income
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Optional child protection add-on
Who it’s for: Active individuals, freelancers, or families who want fast protection for life’s unexpected injuries.
🧳 5. Maid Insurance – Compliant and Convenient
✅ Domestic Helper Insurance
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Includes:
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Personal accident protection for helper
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Hospital & surgical benefits
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Repatriation costs
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Insurance bond (meets MOM requirements)
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Add-ons:
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Waiver of Counter Indemnity
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Replacement helper cover
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Why it’s useful: Easy application, competitive pricing, and complete coverage make this ideal for employers.
🏥 6. Hospital Cash Insurance
✅ Hassle-Free Hospital Cash Plan
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Pays daily cash benefit when hospitalised due to illness or accident
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Extra payouts for ICU stays or surgeries
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No underwriting for many applicants
Best for: Those who want extra cash during hospital stays, especially for covering out-of-pocket expenses.
🧑⚕️ 7. Cancer Insurance
✅ CancerCare Plus
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Lump-sum payout on diagnosis of early or advanced stage cancer
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100% payout even for early-stage conditions
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Affordable monthly premiums
Perfect for: Anyone looking for affordable, focused coverage for one of the most common illnesses.
🧒 8. Child Insurance
✅ KidCare
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Covers child for:
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Accidental injury
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Hospitalisation
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Infectious diseases (HFMD, dengue, etc.)
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Optional cancer cover
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Education fund payout in case of parent’s death
Why I like it: Offers peace of mind to parents while being highly affordable and easy to manage.
🧑⚕️ 9. Corporate Insurance Solutions
MSIG also provides:
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Business insurance packages
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Group personal accident
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Fire & property insurance
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Marine cargo
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Professional indemnity and liability cover
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Tailored for SMEs, MNCs, and specialised sectors
📲 Bonus: Digital Tools and Claims Support
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24/7 e-claims platform
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Emergency assistance hotline
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Online quotes and renewals
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Strong customer support team based in Singapore
✨ Final Thoughts – Why I Rate MSIG Singapore So Highly
If you’re looking for no-nonsense, well-priced, and comprehensive general insurance in Singapore, MSIG is a brand you can rely on. Their range of plans fits real people’s everyday needs—from homeowners and drivers to travellers, business owners, and families.
What I love is their balance of strong financial backing and local responsiveness. When you need to claim, they’re fast and clear. When you’re choosing a plan, they’re not pushy. Just honest protection that works.
🔗 Official Website: https://www.msig.com.sg
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