Personal Accident Insurance in Singapore
Personal accident insurance provides financial protection in the event of accidental injuries, disability or death caused by unforeseen accidents. Unlike regular health insurance, it specifically covers accidents that result in medical expenses, loss of income or permanent disability. Accidents can occur suddenly, anywhere and anytime. Without personal accident insurance, unexpected medical expenses and loss of income due to injury can cause financial strain. This is where personal accident coverage provides essential protection.
What’s Covered & Not Covered under Personal Accident Insurance
- Medical Expenses
- Permanent Disability
- Cash Benefit for Hospitalisation
- Mobility Aids & Home Modifications
- Accidental Death
- Pre-existing conditions
- Injuries from self-harm, intoxication or illegal activities
- Illnesses (Non-Accidental)
- Professional/Extreme Sports (unless stated)
Be sure to review your policy documents or speak with us directly to understand the specific exclusions that apply to your coverage.
Real Life Examples of Personal Accident Insurance
Mr Tan
Cycling Injury (Age 35)
While cycling, Mr Tan collided with another cyclist leading to a fracture. His personal accident insurance provided a lump sum payout, reimbursed his outpatient and gave him daily hospital income for his 4-day stay in the hospital.
Miss Lee
Sports Injury (Age 21)
Miss Lee tore a ligament while playing volleyball for her university team. Thankfully, her personal accident insurance covered the costs of her MRI, specialist consultations, and physiotherapy — expenses she would have otherwise had to pay out of her own pocket.
Mom Ong
Fall at Home (Age 65)
Mdm Ong slipped in herbathroom and suffered a hip fracture. Her personal accident insurance covered surgery costs not paid by MediShield Life and provided funds for walkers, grab bars installation and follow-up treatments.
Frequently Asked Questions
about Personal Accident Insurance
How is personal accident insurance different from health or life insurance?
- Health Insurance covers medical treatment costs due to illnesses or hospitalisation.
- Life Insurance provides financial support to your beneficiaries in the event of death.
- Personal accident insurance focuses on accidents, injury-related expenses, disability and accidental death.
Are sports-related injuries covered?
Most plans cover common recreational activities like cycling and running. However, injuries resulting from high-risk or professional sports may be excluded. It’s best to review your policy exclusions or consult us for clarification.
Can I get personal accident plan if I already have health or life insurance?
Yes, personal accident insurance works alongside your existing coverage, helping to fill gaps that other policies may not cover.
Do I need a medical check-up to apply?
Usually, no medical check-up is required and most plans are issued based on a simple health declaration during application.
Contact us for policy quotation, comparison and unbiased advice now!