5 Best Life Insurance Policies In Singapore 2024

best life insurance policy

Your insurance plan is not merely a protection against unforeseen circumstances but also a long-term investment option with assured benefits. No doubt, insurance can ensure cash flow during hard times, but it is also a fact that badly chosen plans may prove worthless in times of need. So for your help, here we are listing the five best life insurance policy Singapore.

best life insurance policy


Best Life Insurance Policies
Services Rating
Customer Satisfaction Rating
Total Score
Prudential’s PRU Lifetime Income
AXA’s Life Treasure
Manulife’s ManuProtect Term
FWD’s Term Life Insurance
AIA’s Prime Secure


Prudential’s PRU Lifetime Income


Prudential's PRU Lifetime Income

Prudential Assurance is one of Singapore’s leading life insurance policy providers. They are one of the market leaders in protection, saving & investment-linked plans, with S$53.3 billion funds under management as of 31st of December 2021.

What makes this a great life insurance plan is that it saves you & your family from the anxieties of not having a source of income. With this life insurance, you still get to provide for your family’s needs, even if you are no longer capable of working. 

Address: 7 Straits View #06-01, Marina One East Tower, Singapore 018936

Contact:+65 6333 0333

Working Hours: Mon-Fri: 8.30 am-5.30 pm


AXA’s Life Treasure


AXA's Life Treasure

AXA Life Treasure is the best choice for a life insurance policy in Singapore if you want equal protection for yourself & your family.

It is a customizable insurance package that lets you consider your budget, specific needs & family while planning to ensure it will cover all the important things. 

Here clients can expand their plans to increase the protection & benefits of their families.

It also comes with critical illness protection that can help waive the expenses for 132 listed medical conditions. 

Address: 9 North Buona Vista Drive, #18-01/06, Tower 1 The Metropolis, Singapore 138588

Contact:+65 6880 4888

Working Hours: Mon-Fri: 9 am-5.30 pm


Manulife’s ManuProtect Term


Manulife's ManuProtect Term

Manulife is one of the top-notch providers of life insurance in Singapore & has helped provide peace of mind to thousands of families. 

In terms of flexibility, clients can choose how long they want to pay their premiums. It can also be customized to suit your monthly income & specific needs. 

Manulife’s life insurance includes death coverage, so you won’t have to worry about passing on a burden to your family in case something happens. They will also pay for your protection in a lump sum if you get diagnosed with a terminal illness.

Address: 8 Cross Street #15-01, Manulife TowerSingapore 048424

Contact: +65 6833 8188 

Working Hours: Mon-Fri: 9 am-6 pm


FWD’s Term Life Insurance


FWD's Term Life Insurance

With an FWD’s Term life insurance policy, you can buy up to S$1.5 million of coverage without needing a medical check-up if you are in the pink of health.

In the event of your death, your spouse is eligible for term life cover of up to S$250,000 for one year. 

It is ideal for people who want to commit only a short time to insurance. You will get coverage for a year only & if you end up liking it, you can extend it.

Address:6 Temasek Boulevard, #18-01, Suntec Tower FourSingapore 038986

Contact: +65 6820 8888

Working Hours:

  • Mon-Fri: 9 am-10 pm
  • Sat: 9 am-1 pm


AIA’s Prime Secure


AIA's Prime Secure

People believe that Prime Secure is their best insurance plan to date as it allows clients to secure their life on their terms. 

Clients can choose to pay their premiums for more than 5, 10, or 15 years & still enjoy the benefits until the age of 100. They can even convert their whole or half coverage into 15 years of regular monthly income.

After retirement, you do not need to worry because Prime Secure will help you stay financially stable while on retirement. It will give you a personal savings account that grows annually until you turn 100.

Address:1 Finlayson Green Singapore 049246

Contact: 1800 248 8000

Working Hours: Mon-Fri: 8.45 am-5.30 pm

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