Best Pet Insurance Plans To Protect Your Furkids 2026

Four different plans to stop your pet’s medical bills from burning a hole in your pocket.

Our pet cats and dogs are precious members of the family that we love unconditionally, so it’s no surprise that we want to protect them from the pain and suffering of old age, illness and accidents.

It’s quite a pity then, that when it comes to pet insurance, dog and cat owners in Singapore aren’t exactly spoiled for choice. Here are the four best pet insurance plans you should consider to protect your favourite pet, with fingers crossed that there will be more policies available sooner rather than later. 

Table of contents

• Co-insurance and deductibles
• Summary of best pet insurance
  
  • CIMB My Paw Pal
  • Happy Tails
  • PetCare Liberty
  • Tiq by Etiqa Pet Insurance

A note on co-insurance and deductibles

As you go through the article, you’ll notice that some plans have co-insurance and deductibles attached to them. Here’s a quick explanation.

Co-insurance refers to the portion you have to pay when making a claim. For example, you make a claim for a vet surgery session that came up to S$5,000 in total. Your pet insurance plan offers a 20% co-insurance on vet surgeries.

This means that you will only be reimbursed 80% of the bill = S$4,000. The remaining S$1,000 (or 20%) will have to be borne by you.

Similarly, deductibles are also borne by you, the policyholder. The difference is that deductibles are first applied on the amount being claimed, before the claim is processed. For example, let's say your dog escaped and dug up your neighbour’s garden. She is now claiming damages from you amounting to S$2,000.

Your insurer offers a deductible of S$500 on all third-party liability claims, such as the one your neighbour has slapped you with. Therefore, your insurer will only pay S$1,500 on your claim instead of the full S$2,000.

Why is there such a roundabout way of doing things? Well, co-insurance and deductibles help insurers bring down premiums, by making sure that only policyholders who need to make a claim pay their share. Otherwise, the costs will be passed on to everyone in the pool, making all policyholders pay higher premiums.

It is important to take note of deductibles and co-insurance as they affect how much out-of-pocket costs you have to bear. This, in turn, affects the value that you’re getting out of your pet insurance plan.

A summary of the best pet insurance plans in Singapore

Deep Dive: Income Happy Tails vs. MSIG PawEasy

• Tiered Plans: Choose from Furry (up to S$8,500 annual limit), Furbulous (up to S$15,000), or Furrific (up to S$27,000).
• Hereditary & Congenital Coverage: This is Happy Tails’ biggest selling point. If your pet is enrolled before the age of 6, it covers conditions like hip/elbow dysplasia, luxating patella, glaucoma, cherry eye, and Intervertebral Disc Disease (IVDD) after a 12-month waiting period.
• Cashless Service: Provides a Letter of Guarantee (LOG) for scheduled surgeries at Beecroft Animal Hospital, meaning you don't have to front thousands of dollars in cash out-of-pocket before claiming.
• Take Note: Your pet must undergo an enrolment clinical examination at a vet either before or within 30 days of the policy start date.

2. MSIG PawEasy: Best for Customizable Protection & Alternative Therapies

• Tiered Plans: Available in PawPat (up to S$5,000 surgery/hospital limit), PawRun (up to S$10,000), and PawPlay (up to S$20,000).
• Rehabilitation Support: Includes up to S$600 for complementary treatments (acupuncture, chiropractic, hydrotherapy, physiotherapy) to boost post-surgery recovery, alongside up to S$200 for prescribed mobility devices (like pet wheelchairs).
• Highly Flexible Add-ons: The base plan focuses purely on major accidental injuries and surgical illnesses. However, you can opt into riders for outpatient non-surgical medical care (up to S$5,000), chemotherapy (up to S$6,000), pet boarding (if you get stranded overseas), and third-party liability.
• Take Note: Enrolment requires no pre-policy medical exams. However, out-of-pocket co-payments scale with age: it is 20% if your pet is enrolled before age 5, but jumps to 40% if enrolled between ages 5 and 9.

Pro Tip: If your pet belongs to a breed prone to joint issues or genetic ailments (like French Bulldogs, Golden Retrievers, or Corgis), the hereditary coverage in Income Happy Tails offers massive peace of mind. If you have a healthy cat or mixed-breed dog and prefer a lower-cost entry point with modular add-ons, MSIG PawEasy is an excellent, flexible alternative.

 

Final Verdict: Which Pet Insurance Should You Choose?

With fewer options on the market, choosing between Singapore’s top two pet insurance providers comes down to your furkid's specific breed, age, and your preferred style of coverage:

 

• Choose Income Happy Tails if: You own a purebred dog or cat (like a Golden Retriever, French Bulldog, or Persian cat) prone to hereditary joint, eye, or spinal issues. It is also the ideal choice if you prefer a cashless, stress-free hospital experience via their Letter of Guarantee at Beecroft Animal Hospital.
• Choose MSIG PawEasy if: You want a highly customizable, budget-friendly policy where you only pay for the specific add-ons you want (like outpatient care or chemotherapy). It is also highly competitive for younger cats and pawrents who want built-in coverage for alternative treatments like acupuncture or hydrotherapy.

Summary of Benefits

Pet Insurance Provider	Best For	Key Highlight
Income Happy Tails	Purebreds & Congenital Care	Specified hereditary condition cover & cashless surgery options
MSIG PawEasy	Modular, Flexible Protection	Up to S$20,000 surgical limit + customizable medical riders

 

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