5 High Worldwide Well being Insurance Plans in Singapore 2021


If there is one thing the COVID-19 pandemic taught us, it is health that is fragile. If you are an expat who still relies on your employee insurance, it is time you thought about getting insurance adequate protection against Singapore's high healthcare costs.

International health insurance is an option that may be suitable for foreigners, especially if you travel a lot or plan to leave Singapore in a few years. It is also suitable for Singaporeans planning to move overseas as there is a limit to the amount of claims you can make with regular travel insurance.

Whether you are a local or an expat, here is a guide to choosing the right international health insurance plan for your needs.

International health insurance companies in Singapore

International health insurance provides health coverage in a specific country or region, or even around the world, depending on the terms of the contract. It's a bit like annual travel insurance within Asia compared to individual travel insurance for a destination.

If you're wondering where to buy international health insurance, here are the top insurers that offer it.

Thanks to the sheer number of international health insurers around the world, premiums can vary significantly. In addition to the premium costs, it is also important to compare the annual limits and check that the dentist and maternity costs are covered.

Be aware, however, that certain countries or areas may be excluded even if a plan offers worldwide coverage. For example, the US is often excluded due to high healthcare costs.

Not sure which to choose? We will walk you through these plans to help you make a decision.

MSIG Prestige Healthcare Elite

This is one of the cheapest international health insurances you will find. This is the lowest tier in a series of three plans. So check out the Deluxe or Platinum plans if you need more coverage as they are also relatively affordable compared to the other plans on this list.

Hospitalization and related services coverage is up to $ 900,000. This is a little lower than the other plans on this list, but still decent as long as you don't have heart surgery in the US or anything.

If you are outside your country of residence, you will receive additional international coverage of US $ 300,000 in addition to medical evacuation and repatriation. The only optional add-on is maternity allowance if you are planning to have a child.

As you can see, this is a pretty basic plan. For example, don't expect coverage for teeth and eyesight. But it delivers in the areas that matter most, with 120 days of pre-hospital and post-hospital coverage. All in all, given the low premiums, it's a very decent plan for people on a budget.

Cigna silver plan

This plan covers inpatient and inpatient costs internationally and ensures that you can stay in a private room. You also get full cancer and newborn coverage. Without additional add-ons, you will only receive outpatient benefits up to a value of $ 15,000.

There are several optional add-ons that you can pay for if you think you need them, namely international ambulatory coverage, international evacuation and crisis insurance, international health and wellbeing, and international vision and dentistry. You can also adjust your deductible and cost sharing based on the premiums you are willing to pay.

Not the most comprehensive coverage overall, but the plan is relatively affordable and ideal for those with specific needs because of its customizability.

FWD International Health Insurance

FWD International Health Insurance has a unique feature: the plan doubles your annual limit if you haven't made any hospital claims for two years. Your annual limit will also automatically reload if you have used it and have to pay for accidental hospital stays.

The plan can be ported internationally, with the exception of the US, Canada, Japan, Korea, and the sanctioned countries. Given the volatility of the COVID-19 situation, beware of this if you are moving to a severely affected country anytime soon.

The plan is highly customizable, so you can choose an annual limit of $ 100,000 to $ 3 million and adjust your deductible to be between $ 0 and $ 10,000. Optional add-ons include outpatient, dental, vision, and maternity services.

Coverage is fairly normal, hospital costs, worldwide emergency treatment must be paid for in full, cancer treatment, organ transplant and pregnancy complications must be paid for in full. They offer 90 days of pre-hospital and post-hospital treatment, which is not the best.

When thinking about this plan, it's a good idea to play around with the coverage amounts and deductibles to see if you can hit the sweet spot of decent coverage at affordable premiums. If all you want is basic coverage with a higher deductible, the plan can turn out to be quite economical.

Liberty MyHealth International Insurance Essential

The Essential plan provides a range of reasonable benefits, including inpatient and day patient costs, and 30 days prior to hospitalization and 90 days after hospitalization. Cancer treatment and organ transplants are also covered.

All plans also include medical evacuation and repatriation in the event of an emergency, as well as legal costs and assistance. Optional add-ons include outpatient treatment, maternity care, and dental and optical treatments.

Overall, it's a high-premium vanilla plan. We're not impressed with the meager 30-day pre-hospital coverage.

AXA International Exclusive Plan C.

This plan provides comprehensive coverage that includes the usual inpatient and day patient costs. Pre-hospital coverage is offered for any consultations that indicate the need for hospitalization, while post-hospital coverage is for up to 90 days from the date of discharge.

You can also pay for a pregnancy and childbirth add-on that covers healthcare costs from the prenatal stage to 42 days after the birth.

The coverage is said to be very complete, with a total limit of up to $ 2.5 million, coverage for pre-existing and congenital conditions, and outpatient treatment. And it's pretty extensive, in fact, except for the 90-day post-hospital period.

The plan is expensive as it is intended for someone who wants to cover virtually all of the healthcare costs and is willing to pay a high premium for it.

Do you need international health insurance?

International health insurance is typically used by expats and international students living abroad. They could be:

  • Non-Singaporeans living in Singapore
  • Singaporeans residing in other countries
  • Anyone who spends a significant part of the year abroad

Typically, these people are not covered by government health services in their country of residence, or public health services are inadequate and they want better protection.

For non-PR foreigners in Singapore, both of the above apply. Therefore, international or local health insurance is essential.

Singaporeans living abroad must decide whether or not they need such insurance based on the public health benefits they receive in their country of residence and whether these are appropriate. For example, if you are eligible for general health insurance in your country of residence, you may not need additional health insurance.

Should you get local or international health insurance?

Singapore-based foreigners can get local health insurance called Integrated Shield plans instead of international health insurance. Here is our guide to Integrated Shield Plans for Foreigners.

Integrated Shield plans are roughly two to five times cheaper than international health insurance, but are only allowed to be used in Singapore.

They may offer limited overseas coverage (for example, if you need emergency treatment overseas, your basic medical expenses may be reimbursed), but coverage will expire if you no longer legally reside in Singapore.

On the other hand, international health insurance is usually insured worldwide minus excluded countries or regions. You will receive the same benefits in each of the approved countries. It's also portable so you can use it when you need to leave Singapore for another location.

With international health insurance, you can also comfortably insure your family in one policy. While the premiums might look high, they are Not so bad if your spouse and children can also be insured. This is not what the local Integrated Shield plans can offer. Instead, you need to purchase individual plans.

If comprehensive coverage is important to you, many international health insurance plans allow you to add outpatient coverage, maternity coverage, dental and eyesight coverage, or any other perk you want to cover.

But isn't employee health insurance enough?

Singapore's healthcare system is one of the best in the region … but it's also very expensive. It is intended to give the individual a certain amount of responsibility in order to prevent people from unnecessarily overloading the system or from becoming free riders.

In other words, it will cost you, so health insurance is important whether you are a local or a foreigner.

Singapore citizens and permanent residents are automatically covered by state health insurance and eligible for subsidies when using the public health system.

As a foreigner who doesn't benefit from MediShield Life, Medisave, or subsidized public health care, health insurance is a must unless you want to be struck with medical bills that will make you cry.

Employee health insurance can be very simple and may not be enough to cover healthcare costs over a long period of time. It can also stop if you lose your job, which in this precarious economy is an opportunity no one should be ruled out.

What About Travel Insurance: What's the Difference?

If you travel frequently, you may be wondering why you can't just get annual travel insurance and rest assured when you move to another country. Finally, travel insurance also offers payouts for hospital stays at your destination.

Well, travel insurance should be used in emergencies only. Necessary treatment at your final destination will be covered, but you are expected to travel home to seek further treatment if you can. Post-travel medical care is usually subject to time restrictions (e.g. 45 days). Travel insurance usually does not offer either Maternity, dental, or optical coverage.

In addition, many annual travel insurances have a time limit (e.g. 90 days) on any trip you take outside of your home country. You will then no longer enjoy insurance cover.

International health insurance is therefore essential if you live abroad for a long time and do not travel home frequently.

What should international health insurance cover?

While international health insurance naturally varies from plan to plan and from insurer to insurer, there are certain standard lines of insurance offered by many of them, such as the following.

Type of coverage


Regional or global coverage

Many international health insurers offer coverage in one or a few regions, while some cover you worldwide, although certain countries or regions may be excluded. If you are insured in a specific region, you will continue to enjoy protection at the same premium if you move to another country in the region.

Inpatient treatment

All international health insurers offer payouts for treatment when you are in hospital, although exceptions may apply.

Outpatient treatment

Most policies will cover you for pre-hospital and post-hospital expenses, although these may be temporary. Some policies also offer outpatient treatment when you are out of the hospital (e.g. GP visits), or have it added as an optional add-on.

Routine checkups

Some guidelines provide coverage for routine checkups on a regular basis.

Chronic diseases

If you have a chronic medical condition after enrolling in a policy, you may be eligible for medical expenses incurred in treating the condition.


Most plans allow entitlement to treatment for pregnancy complications. Often times, maternity fees can be included as an optional add-on.


Newborns are usually protected under the maternal plan under certain conditions.


Dental treatments can often be offered as an optional add-on.


Benefits may include routine eye exams and the cost of glasses and contact lenses.


If you need emergency medical treatment in a remote area, evacuation costs will be covered.


Repatriation, if included, will cover the cost of shipping your remains home when you die.

How to choose the right international health insurance

There is an incredible range of international health insurances available. Some factors to consider:

  • Annual Eligibility Limits: While you can make claims for outpatient treatment under all international health insurance plans, the limits vary widely. The simplest plans may just give you up to SGD 250,000 annual coverage, while the most generous offer unlimited coverage. You want to select limits that correspond to the healthcare costs in your country of residence. For example, if you live in Singapore, where the cost of private health care is very high, you may want to aim for a higher limit.
  • Inpatient benefits: Check if inpatient entitlements and exclusions are limited. Some international health insurance plans exclude treatment for pre-existing medical conditions. Those you can include them with charge higher premiums. Make sure the treatment being treated includes surgery, physician fees, laboratory and diagnostic tests, critical care services, and prescription drugs.
  • Outpatient Services: The most basic plans provide only inpatient services and limited outpatient services that must be linked to your hospital stay. You should investigate this to see if there are any limits to outpatient treatment related to a condition for which you are being hospitalized. For example, some plans have deadlines (e.g. 6 months) for pre-hospital and post-hospital outpatient treatment that you can claim. If you are willing to pay higher premiums, you can often get more outpatient benefits, such as: B. Cover for GP visits, laboratory and diagnostic tests, physical therapy, and prescription drugs.
  • Extras like maternal, dental and eyesight protection: These types of protection are often not included in very simple plans or must be purchased as optional add-ons. So, if you are thinking of raising a family, having problems with your visions, or having dental problems, see if you can be covered.
  • Travel and Emergency Insurance: Some plans offer coverage if you are in a remote area and need evacuation, which can be very costly. For example, if you go skiing or hiking frequently in your country of residence, make sure that your plan includes evacuation protection, especially if you don't have travel insurance for domestic travel.

Despite all of the advantages of international health insurance, this is an expensive option compared to an integrated shield plan, even as an expat. The solution? Compare the health insurance plans on MoneySmart to find one that offers the protection you need without breaking the bank.

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