Compare International Health Policies in Singapore

Travelling with peace of mind doesn’t have to be expensive. Compare and apply for the best international health policies from Singapore’s top insurers with MoneySmart.sg.

What international health insurance coverage should you look out for?

Buying the cheapest policy available is not always the best choice. Here’s what you should look out for in a policy to decide if it’s good value for money

Inpatient benefits

Inpatient benefits

This is typically known as Hospitalisation & Surgical coverage. As the name suggests, you will only be covered when you are hospitalised or require surgery. It provides reimbursement for medical expenses during your hospital stay, including the room, surgery, medicine and diagnostic tests.

Outpatient benefits

Outpatient benefits

This covers you for medical treatment outside the hospital or for medical visits that do not require you to stay overnight in hospital, for example, when you see a GP, a specialist or a therapist.

Travel & Emergency

Travel & Emergency

This covers emergency medical evacuations and repatriation. Emergency medical treatment can be very costly overseas, this coverage allows you to have peace of mind should anything happen during your holidays.

Dental

Dental

Dental coverage often includes check-ups, simple fillings, and sometimes more complicated dental treatment if you have gum disease or need braces.

Well being and Optical

Well being and Optical

Well-being refers to routine procedures such as annual check-ups, pap-smears or mammograms. For those of us who need a little help to see clearly, optical benefits can cover eye examinations, corrective glasses and contact lenses.

Pregnancy/Maternity

Pregnancy/Maternity

This coverage typically covers you for the costs of routine pregnancy and childbirth. Health insurance companies can also cover you for newborn care, complications and pre- and post-natal check-ups with your obstetrician. Health insurance plans sometimes have a waiting period of up to 24 months, so if you’re planning on having a baby in the future, it could save you a heap of money if you are already insured and have passed the waiting period.

Best International Health Policies Recommended by MoneySmart

Here are the best international health policies for your needs. Please select your preferred option and provide us with the necessary details. Our qualified insurance specialists will then reach out to you to help you complete the application process.

AXA International Exclusive Plan C

AXA

AXA International Exclusive Plan C

$2,400,000

Maximum Payout per year

Worldwide

Area of coverage

Annual limit

Dental

Annual limit

Travel & Emergency

Not covered

Maternity

$5,015

Premium

CIGNA Silver Plan

Cigna

CIGNA Silver Plan

$1,500,000

Maximum Payout per year

Worldwide

Area of coverage

Annual limit

Dental

Annual limit

Travel & Emergency

Not covered

Maternity

$2,183

Premium

FWD International Health Insurance

FWD

FWD International Health Insurance

$3,000,000

Maximum Payout per year

Worldwide

Area of coverage

Available

Dental

Annual limit

Travel & Emergency

Available

Maternity

$2,336

Premium

Liberty MyHealth International Essential

Liberty

Liberty MyHealth International Essential

$2,000,000

Maximum Payout per year

Worldwide

Area of coverage

$1,400

Dental

$1,000,000

Travel & Emergency

Not covered

Maternity

$3,786

Premium

MSIG Prestige Healthcare Elite

MSIG

MSIG Prestige Healthcare Elite

$900,000

Maximum Payout per year

Worldwide

Area of coverage

$300,000

Dental

Covered

Travel & Emergency

Not covered

Maternity

$920

Premium

NOW Health Worldcare Essential

NOW

NOW Health Worldcare Essential

$3,900,000

Maximum Payout per year

Worldwide

Area of coverage

Annual limit

Dental

Annual limit

Travel & Emergency

Annual limit

Maternity

$1,195

Premium

Making a International Health Insurance Claim

The process for specific types of claims may differ between Insurers. However, policies offered by popular insurers such as AXA, MSIG or AIG generally have similar International Health Insurance Claims procedures. Here are some things that you should take note of when making an insurance claim.

Fact # 1

Inform your insurer or broker immediately should you need to make a claim

For full assurance of claims, its best to call the insurer's dedicated claims concierge hotline or your broker to get peace of mind for your medical treatment. Some insurers also have online claims applications to make it hassle-free!

Fact # 2

Keep originals of everything

Whatever you are making a claim for, you have to be able to prove its authenticity. This means producing original documents for the following:

  • Attending Physician's Statements
  • Medical Certificates
  • Accident Reports
  • Clinic/ Hospital Invoices

Fact #3

Complete claims form

Your broker or insurer's claim conciege will assist you with completing the claim form. Most insurers have a claims turnaround payout time of around 5-14 working days.

Singapore International Health Insurance Tips

Here are some International Health Insurance tips that can help you select a great policy and give you peace of mind.

Tip #1

There are different areas of coverage for International Health Plans. You can usually opt for "worldwide" or "worldwide (excluding US)" plans, but some insurers provide plans for coverage in Asia too! AXA International Exclusive has a Asia coverage plan.

Tip #2

Buy the plan which suits you best! As International Health Plans provide a myriad of benefits, don't be fooled into thinking you have to buy a standard packaged plan. There are some insurers which provide customizable plans, allowing you to pay for what you need! Cigna Health allows you to purchase only benefits that you need.

Tip #3

You have the option of lowering your premium! Most insurers allow for an increase in the deductible and co-insurance amount, thereby lowering your plan's premium.

Frequently asked questions

What is International Health Insurance and how does it help me?

An International Health Insurance policy provides the choice of seeking medical treatment overseas (outside Singapore). It is available for expatriates of all nationalities and it allows for the flexibility of a wide range of medical benefits all around the world.

What is the difference between International Health insurance, travel insurance and local health insurance?

While all these policies do have some overlapping benefits, its important to know the key differences and only purchase what's important to you and your family.

  • International Health Insurance - Covers for Hospitalisation and Surgery in country of your choice outside Singapore. Allows for optional benefits like travel, regular doctor visits, dental, optical, health screenings and maternity.
  • Travel Insurance - Even though an International Health Insurance policy may have travel benefits, it doesnt come close to a stand-alone Travel Insurance plan. A typical Travel Insurance plan covers medical expenses incurred overseas, comprehensive travel inconvenience benefits like flight delay and baggage delay, as well as emergencies during your trip.
  • Local Health Insurance - As the name suggests, it only covers for Hospitalisation and Surgery locally (in Singapore). It doesnt allow for many of the optional benefits thats available only to International Health Plans.

I already have a health insurance plan in my country of origin, do i need another one in Singapore?

It really depends on the nature of your health insurance plan in your country of origin. The most important factor to consider is whether it allows you to cover for areas outside your country of origin - if it doesn't, it's probably important to start looking for a suitable plan in Singapore.

What if i already have a corporate medical plan?

It's great that you have a corporate medical plan! Do check out the level of benefits and coverage as corporate medical plans are typically not very comprehensive in nature. Also, its important to note that most corporate plans are not portable, which means that when your retire, you will not be insured any more. Hence its probably good to have a solid personal Health Insurance Plan, and treat your corporate plan as additional coverage.

How do I compare International Health insurance policies?

First, consider the geographical area of coverage that you require. Second, compare the benefits which are important to you across a few International Health Insurance providers. Next, check out the option of changing deductible and co-insurance to make your premiums more affordable.
Compare International Health Insurance Plans on MoneySmart to find the one with the best price and coverage level for you!

More From The MoneySmart Blog

Check out our blog for more personal finance tips and insights.

Disclaimer: MoneySmart.sg is an insurance comparison platform that helps you discover the best insurance quotes from multiple insurers according to your needs. MoneySmart Financial is a licensed Broker governed by the Monetary Authority of Singapore. We set out to carefully provide you assistance regarding any General Insurance related advice or purchase.