How to Choose the Most Affordable and Best Coverage Insurance for Your Maid

MAID INSURANCE SINGAPORE – A Comprehensive Comparison of Insurance Options for Your Foreign Domestic Helper

Choosing the right insurance for your foreign domestic helper is essential to ensure her safety and well-being while managing costs effectively.

This guide compares various insurance plans available in Singapore, helping you find the most affordable solutions with the best coverage from reputable providers like Tokio Marine, eTiQa, China Taiping, NTUC Income or FWD.

 

Understand Mandatory Insurance Requirements:
As an employer, you’re required to purchase medical insurance, personal accident insurance and security bond for your maid. Refer to MOM Website here. This includes:

  • Medical Insurance (MI): Coverage for inpatient care and day surgery with at least $60,000 annually.
  • Personal Accident Insurance (PA): At least $60,000 annually for permanent disability or death. The compensation directly benefits your helper or her beneficiaries.

These costs must be borne by you and not passed on to your helper.

Let’s take a quick look at the insurance plan offer by some of the Insurer in Singapore. 

 

 

When comparing maid insurance plans, it is essential to consider factors such as coverage levels, additional benefits, and overall cost.

Author’s Opinion

Personally, I find Tokio Marine’s Standard Plus plan particularly appealing because it covers the full $60,000 of hospitalization bills, unlike many plans which leave a portion for the employer.

Additionally, it offers $2,000 in medical expenses for personal accidents, which I believe is crucial given the helper’s daily exposure to minor accidents while performing housework, where accidents are unpredictable.

This plan also uniquely provides 90-day pre and post-hospitalization coverage, a benefit not seen in other plans.

Furthermore, smaller benefits such as temporary domestic help, recuperation benefits, and wages compensation add substantial value.

Disclaimer:

This analysis and recommendation reflect my personal viewpoint and should not be seen as professional advice. I am not liable for any decisions you make based on this information—please consider your specific needs and circumstances when selecting an insurance plan.

Tokio Marine Insurance plan

Tokio Marine Maid Protector Insurance

Tokio Marine Insurance Plans:

(Highly recommended due to a more comprehensive coverage at a competitive pricing)

  • Standard ($545):
  1. Personal Accident $60k
  2. Hospitalization $60k (Tokio Marine pay for the first $15k bill. From $15k-$60k, employer pay 25%)
  3. Security bond $5k
  4. Medical expenses for PA of $2,000
  5. Additional Indemnity for death from accident in dwelling $5000
  6. Treatment for dengue fever $250
  7. 90 days pre and post hospitalization treatement
  8. Treatment of communicable diseases like Covid-19, Zika, Dengue, tuberculosis
  9. Wages and levy compensation of $30 per day
  10. Recuperation benefit of $20 per day
  11. Repatriation expenses $10,000
  12. Dread diseases $2500
  13. Special Grant $2000
  14. Domestic helper’s liability $30,000
  15. Fidelity guarantee $3000
  • Standard Plus ($588.60):

*Standard Plus $588.60*

  1. Personal Accident $60k
  2. Hospitalization $60k (Tokio Marine pay for the first $60k)
  3. Security bond $5k
  4. Medical expenses for PA of $2,000
  5. Additional Indemnity for death from accident in dwelling $5000
  6. Treatment for dengue fever $250
  7. 90 days pre and post hospitalization treatment
  8. Treatment of communicable diseases like Covid-19, Zika, Dengue, tuberculosis
  9. Wages and levy compensation of $30 per day
  10. Recuperation benefit of $20 per day
  11. Repatriation expenses $10,000
  12. Dread diseases $2500
  13. Special Grant $2000
  14. Domestic helper’s liability $30,000
  15. Fidelity guarantee $3000
  • Premium Plus ($654):
  1. Personal Accident $70k
  2. Hospitalization $80k (Tokio Marine pay for the first $80k)
  3. Security bond $5k
  4. Additional Indemnity for death from accident in dwelling $5000
  5. Medical expenses for PA of $4,000
  6. Treatment for dengue fever $250
  7. 90 days pre and post hospitalization treatement
  8. Treatment of communicable diseases like Covid-19, Zika, Dengue, tuberculosis
  9. Wages and levy compensation of $40 per day
  10. Recuperation benefit of $30 per day
  11. Repatriation expenses $10,000
  12. Dread diseases $2500
  13. Special Grant $3000
  14. Domestic helper’s liability $50,000
  15. Fidelity guarantee $5000

**add $54.50* waiver of counter indemnity (reduce security bond excess from $5k to $250)

China Taiping Maid Insurance Plan

China Taiping Maid Insurance Plans:

  • Plan L1 ($479.60):
  1. Personal Accident $60k
  2. Hospitalization $60k (China Taiping pay for the first $15k bill. From $15k-$60k, employer pay 25%)
  3. Security bond $5k
  • Plan L2 ($523.20):
  1. Personal Accident $60k
  2. Hospitalization $60k (China Taiping pay for the first $30k bill. From $30k-$60k, employer pay 25%)
  3. Security bond $5k
  4. Special Grant $1000
  5. Wages Compensation $ Levy Reimbursement up to $30 per day
  6. Domestic Maid’s liability $5,000
  7. Domestic Maid’s Personal Effects $150
  8. Fidelity Gurantee $2,000
  • Plan L3 ($566.80):
  1. Personal Accident $60k
  2. Hospitalization $60k (China Taiping pay for the first $60k)
  3. Security bond $5k
  4. Special Grant $2000
  5. Wages Compensation $ Levy Reimbursement up to $30 per day
  6. Domestic Maid’s liability $10,000
  7. Domestic Maid’s Personal Effects $300
  8. Fidelity Guarantee $5,000
  • Add $43.60 for Security Bond Protector. This will reduce the security bond access from $5000 to $250.

eTiQa

Comparing Features for Optimal Coverage

eTiQa Maid Insurance Plans:

  • Basic ($490.60):
  1. Personal Accident $60k
  2. Hospitalization $60k (eTiQa pay for the first $15k bill. From $15k-$60k, employer pay 25%)
  3. Security bond $5k
  4. Repatriation expenses $10,000
  5. Wages reimbursement of $35 per day
  6. Domestic worker’s liablity $5000
  7. Special Grant $3000
  • Silver ($591.33):
  1. Personal Accident $70k
  2. Hospitalization $60k (eTiQa pay for the first $60k bill)
  3. Security bond $5k
  4. Outpatient cancer treatment/Kidney dialysis $3000
  5. Critical illness $3000
  6. Repatriation expenses is unlimited
  7. Wages reimbursement of $35 per day
  8. Domestic worker’s liablity $5000
  9. Special Grant $3000
  • Platinum ($794.07):
  1. Personal Accident $100k
  2. Hospitalization $100k (eTiQa pay for the first $100k bill)
  3. Security bond $5k
  4. Outpatient cancer treatment/Kidney dialysis $3000
  5. Critical illness $3000
  6. Repatriation expenses is unlimited
  7. Wages reimbursement of $35 per day
  8. Domestic worker’s liablity $7500
  9. Special Grant $4000

Add $54.50 for Security Bond Protector. This will reduce the security bond access from $5000 to $250.

Please refer to the below website to learn about more maid insurance plan from various insurer in Singapore. 

Tokio Marine maid insurance Website

eTiQa maid insurance Website

NTUC maid insurance website

FWD maid insurance website

MSIG maid insurance website