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Best High Risk Homeowners Insurance Companies – Fortune Credit Pte Ltd is a licensed moneylender (License No. 34/2023) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.
Life is full of challenges, and we can only do so much to prevent the unexpected. Still, by getting the right insurance, we can protect those we care about and live a life with less worry and peace of mind.
Best High Risk Homeowners Insurance Companies
There are many types of insurance but knowing what you need is important. Financial experts recommend that life, health, home, and car or motorcycle insurance be among the essentials. To help you find the best insurance company in Singapore and make the best buying decisions, we’ve listed some of the best options you’ll find.
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Singapore’s insurance industry is among the largest financial sectors in Singapore. Here are some of those in the bright spot to consider:
FWD Singapore started operations in 2016 and has become one of the fastest growing insurance companies in Asia. Its products are designed to meet the general yet advanced needs of its customers. Core products include life insurance, critical illness, motor, travel, property insurance, as well as savings and investment.
It is among the most innovative insurers that use technology to deliver their products and services to many Singaporeans today. Thus, you can easily avail any product through their website.
“I had to submit an application, and the whole process was straightforward and fast. Since I don’t have a bank account here in Singapore, I had to contact support, but they were very helpful and friendly. I have been in constant contact with Krissy, she has been very helpful, and I couldn’t have asked for better service!” – Simone
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“Quick, detailed and clear response from Tracy from FWD. I appreciate the quick support and guidance when I just need help with a purchase policy. Great customer service!” – Rosie Sim
AIA Singapore has been among the largest insurance companies in the entire Asia Pacific region since 1931. Its goal is to help people live healthier, longer and better lives by empowering them with the right financial protection.
Recognizing that health and wellness are top priorities, AIA continues to provide programs and insurance policies that provide greater access to health and wellness solutions. They also offer disability income protection and accident protection to cover you against unexpected events.
“Highly recommend Isabelle Oh. She is very quick in response and even in claims. Gives good advice.” – Charlyene Choo
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Aiming to become Asia’s leading insurance and wealth provider, HSBC recently completed the acquisition of AXA Singapore. They will continue to provide personal and commercial clients and include life, health, personal accident, health and employee benefits, health protection, and investment solutions.
Its commitment to providing quality insurance products and excellent customer service focuses on aligning with customer needs. Their financial advisors also offer in-depth advice to guide clients on a smooth financial journey and experience.
Another tech-enabled insurance provider in Singapore is Aviva. The name was introduced in Singapore in early 2002, merged with Singlife in 2020, and now stands as one of the largest insurers in Asia.
Singlife with Aviva continues to prepare people with flexible investment insurance plans for tomorrow’s needs. Investing is also made easy as global investment experts manage investment portfolios.
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“The longer the better! I’m happy with the two deposit policies I have with Aviva as I feel the returns are competitive. For convenience, I also use Aviva for insurance when I travel use travel – the purchase process is easy.- Yvonne Yeo
“Their app was really easy to set up, cash showed up instantly, could connect accounts very quickly and easily.” – Andrew Ng
Founded in 1899, Manulife Singapore remains a trusted name in insurance and financial management. Manulife understands that financial decisions can be complex and complicated and offers solutions through financial planning services.
Manulife’s professional financial advisors will help at any stage of your financial journey – planning for retirement, growing your wealth, protecting your life and health, or saving for the future.
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“I would like to thank my advisor for the professional advice he gave me. Without him helping me follow the policies, I could have gotten myself into insurance debt, repossessions, cancellations, etc. – Jun Ren
Great Eastern Life remains at the forefront of the Singapore insurance industry. Founded in 1908, it has grown to over 13 million policyholders and S$100 billion in assets.
Since then, it has provided a wide range of insurance products, from life and health to wealth and lifestyle needs. It is one of the best life insurance companies in Singapore. On life insurance alone, they have twelve plans to choose from depending on your needs.
“This is one of the reputable insurance companies in Singapore. The customer service is very good.” – Ganesh Kamath
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“One of the best insurance companies with many great benefits for buyers. There is something knowledgeable about insurance plans to explain to all buyers. – Happy Tutors LC PL
Another market leader in Singapore is Prudential Assurance Company Singapore, which has been in service for over 90 years. One primary goal is to provide affordable healthcare solutions to families and individuals.
This way, your family is protected financially as they reach life stages with their life protection plans. Get customized plans to suit your needs – from pregnancy to other stages of life.
“It’s a fast and reliable insurance service provider. It’s safe and hassle-free. Payments and claims are a breeze. Your agent is kind, friendly and helpful.” – Christians Mark Lara
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“Good product, professional service. At the beginning of the pandemic, Prudential is the first to come out for policyholders, including assistance for those who have received a quarantine order, like me. – Weng Kee Sim
Tokio Marine offers global general insurance covering the consumer and business sectors in Asia. Founded in Japan over 140 years ago, its insurance operations now span 46 countries, including Singapore.
Products for the personal category include travel plans, accident, private motor, and home insurance plans. Meanwhile, for the business category, they offer sea freight, bonds and guarantees, including insurance solutions for your business.
“Exceptional customer service. I called their line many years ago to inquire about an existing life policy. The staff was very knowledgeable and detailed my plan within minutes. Thanks for that!” – Joan Wang
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Hong Leong Assurance is a direct general insurer and member of the General Insurance Association of Singapore. They offer affordable but reliable insurance in Singapore and have a wide spectrum of financial services besides insurance, including fund management, stockbroking, and banking.
Among its core values is providing the highest quality insurance products at affordable prices. New product offerings include employee insurance and Covid19 safety travel insurance.
“Good value annual package including C19 coverage. User-friendly online shopping. Repeat customer, but last annual package expired in 2020 with pandemic. Also, may qualify for NCD download – Dicky Goh
“HL Assurance has been my Travel Insurance for many years. They have provided the best cover for the lowest premium, which is very easy to apply and activate – highly recommended. – Richard Yeo
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Etiqa is the insurance arm of Maybank, one of Asia’s leading banking groups. Like other insurance agencies, they are regulated by the Monetary Authority of Singapore. Their mission is to make their products and solutions people-centric.
Its reputation includes being one of the top car insurance companies in Singapore. Apart from hassle-free applications, they also guarantee speedy claims in the event of a car accident. In this way, live your core value of humanitarian insurance by making processes simple and easy for your customers.
“Excellent customer service. He was always strict in providing quick answers and helped solve problems quickly. Strictly for those who have yet to purchase home insurance to cover contents and renovations but only fire insurance. – Yeo Tah Keow
“I recently renewed my car insurance with HL Assurance. After checking around, the premium and terms they offered was one of the best. – CL Amber
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Need an increase in your cash flow? Fortune Credit, a licensed and trusted lender in Singapore, offers you affordable and low-interest personal loans. Call us today and learn more about our loan packages.Partner Content: This content was created by a Dow Jones partner business and researched and written independently of the newsroom. The links in this article may result in us earning a commission. Learn more
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Written by Daniel Robinson Written by Daniel Robinson Daniel is a writer for the Leaders team and has written for numerous automotive news sites and marketing companies across the US, UK, and Australia, covering the topics of finance and car maintenance. is an expert. Daniel is a leading team authority on auto insurance, loans, warranty options, auto services and more.
Edited by: Rashawn Mitchner: Rashawn Mitchner Managing Editor Rashawn Mitchner is an editor on the Leaders team with more than 10 years of experience covering personal finance and insurance topics.
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For our review of the best high-risk auto insurance companies, we at The Leaders Team took an in-depth look at a variety of providers. We arranged
