Sompo Insurance Singapore Insurance Plans

Sompo Insurance Singapore – My Complete Guide to Their Personal and Business Insurance Plans

When it comes to choosing an insurance provider that combines Japanese reliability with Singaporean service, Sompo Insurance Singapore stands out for me. They’re part of Sompo Holdings, a major global insurance group headquartered in Japan with operations across Asia, Europe, and the Americas.

Sompo Singapore has a strong reputation for personalised service, fast claims turnaround, and competitive pricing. Whether you're insuring your travel, health, car, home, or business, Sompo offers products that are simple, flexible, and effective.

Here’s my full breakdown of all the major insurance plans available from Sompo Insurance Singapore, so you or your readers can choose confidently based on your needs.

🚗 1. Motor Insurance – For Everyday Drivers and Families

✅ Private Car Insurance

• Comprehensive plans covering:

  • Accidents

  • Theft

  • Fire damage

  • Third-party liability

• Benefits include:

  • 24/7 roadside assistance

  • New-for-old replacement (within first year)

  • Windscreen cover

  • Optional No-Claim Discount (NCD) Protector

Why I like it: Claims are settled quickly, and panel workshops are reliable. It’s well-suited for everyday drivers who want convenience and peace of mind.

---

✈️ 2. Travel Insurance – For Holidays and Business Trips

✅ TravelJoy

• Available for single trips or annual plans

• Covers:

  • Overseas medical expenses

  • Trip cancellations & delays

  • Loss/damage to baggage

  • Emergency evacuations

  • COVID-19 protection available as add-on

Highlights:

• Golf equipment cover

• Car rental excess waiver

• Family and group plans available

Why it works: Whether you're travelling for leisure or work, TravelJoy is a solid travel companion with high claim reliability.

---

🏠 3. Home Insurance – For HDBs, Condos, and Landed Homes

✅ HomeBliss

• Covers:

  • Renovations

  • Furniture and personal belongings

  • Fire, burglary, flooding, and water leakage

  • Alternative accommodation if your home becomes uninhabitable

✅ Landlord Insurance

• Tailored protection for rental property owners

• Covers malicious damage by tenants, loss of rental income, and more

Who it's for: Homeowners who want full protection without complex paperwork.

---

🧑‍⚕️ 4. Personal Accident Insurance – Affordable Everyday Protection

✅ PAStar

• 24/7 worldwide protection for accidental death, permanent disablement, and medical reimbursement

• Optional riders for:

  • Daily hospital income

  • Traditional Chinese Medicine (TCM)

  • Dengue fever & infectious diseases

Best for: Students, freelancers, homemakers, and anyone looking for budget-friendly personal cover.

🧳 5. Maid Insurance – Compliant and Flexible

✅ MaidElite / MaidCare Plans

• MOM-compliant insurance with:

  • Personal accident coverage

  • Hospitalisation and surgical benefits

  • Repatriation costs

  • Letter of guarantee to MOM

• Optional:

  • Waiver of indemnity

  • Replacement maid cover

Why I recommend it: Covers all mandatory requirements while giving employers optional extras for added peace of mind.

---

🧒 6. Child and Student Insurance

✅ StudentCare

• Covers students against accidents, injuries, hospitalisation, and infectious diseases

• Personal liability and medical expenses included

Ideal for: Primary, secondary, and tertiary students, including those studying overseas.

---

🧠 7. Critical Illness & Cancer Plans

✅ Critical Illness Protector

• Pays out a lump sum upon diagnosis of major critical illnesses

• Covers early, intermediate, and late-stage conditions

• Can be used to pay off debts, replace income, or support recovery

✅ CancerProtect

• Affordable, standalone plan that covers all stages of cancer

• Full payout at early diagnosis

• No hospitalisation required to claim

Who it’s for: Individuals who want targeted protection without committing to expensive medical plans.

---

🏢 8. Business Insurance Solutions – For SMEs and Enterprises

Sompo offers a full range of commercial insurance solutions tailored to businesses in Singapore, including:

• BizCare: A bundled plan for SMEs, covering:

  • Property damage

  • Business interruption

  • Public liability

  • Work injury compensation

• Work Injury Compensation Insurance (WICA)

• Public Liability

• Fire & Burglary Insurance

• Marine Cargo

• Cyber Insurance

Why it matters: One-stop coverage for companies looking to meet statutory obligations and protect their operations.

---

📱 Bonus – Easy Claims, Strong Customer Support

• Online claim submissions for travel, car, and personal accident

• Quick policy issuance

• Dedicated hotline and email support for faster response

My experience: Claims are typically smooth and supported by clear guidelines. Good follow-up from their customer service team too.

---

✨ Final Thoughts – Why I Trust Sompo Insurance Singapore

For me, Sompo Insurance Singapore ticks all the right boxes—reliable coverage, flexible options, competitive prices, and strong Japanese roots. Whether you're a homeowner, parent, entrepreneur, frequent traveller, or just someone looking for peace of mind, Sompo has something built just for you.

What I love is how straightforward their products are—no fluff, just practical protection that works when you need it most. And their business coverage options make them a great partner for SMEs too.

---

🔗 Official Website: https://www.sompo.com.sg