The Best Rated Life Insurance Companies in Singapore

Updated: 11 Apr 2025

Find out what are the best rated life insurance companies in Singapore for term and whole life plans.

Written bySingSaver Team

Team

Quick overview: The best life insurance companies in Singapore

Best overall for life insurance: AIA
Best for those with pre-existing conditions: Prudential
Best for wide variety of plans: Great Eastern
Best for great customer experience: NTUC Income
Best for easy to understand plans: Manulife

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Best overall for life insurance: AIA

Product

AIA

Overview

Pros

Cons

Find The Right Term Life Insurance Plan

Bottom line: AIA offers flexible term and whole life insurance plans with optional critical illness riders and premium waivers.

Financial stability: Excellent
Can you apply for insurance online: Yes
Policies on offer: Term and whole life

Option to renew term life insurance plan up to 100 years old.
Ability to encash whole life insurance payouts to boost retirement income.
Multiple payment term options for term and whole life plans.

Coverage does not include pre-existing conditions.
Flagship term life plan (Secure Flexi Term) requires an agent/advisor.
TPD coverage for whole life plan has an age limit (up to 70).

About the author

SingSaver Team

At SingSaver, we make personal finance accessible with easy to understand personal finance reads, tools and money hacks that simplify all of life’s financial decisions for you.

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