Maid Insurance Cost Singapore 2025
Complete pricing guide with transparent costs, comparison tools, and money-saving tips. Find the best maid insurance rates from $180/year across all major providers.
Singapore Maid Insurance Pricing Overview 2025
Annual premium ranges by coverage level and provider type
Basic Plans
Coverage Includes:
- ✓ Medical: $15,000
- ✓ Accident: $60,000
- ✓ Repatriation: $10,000
- ✓ Basic claim support
Popular Providers:
Standard Plans
Coverage Includes:
- ✓ Medical: $25,000 - $35,000
- ✓ Accident: $100,000 - $150,000
- ✓ Repatriation: $15,000 - $25,000
- ✓ 24/7 hotline support
Popular Providers:
Premium Plans
Coverage Includes:
- ✓ Medical: $40,000 - $50,000
- ✓ Accident: $180,000 - $200,000
- ✓ Repatriation: $25,000 - $30,000
- ✓ Premium claim services
Popular Providers:
What Affects Maid Insurance Costs?
5 key factors that determine your premium amount
Helper's Age
High ImpactPremiums increase significantly with age. Helpers under 30 pay 20-30% less than those over 45.
Nationality
Medium ImpactSome insurers offer different rates based on helper's country of origin.
Coverage Limits
High ImpactHigher coverage limits directly increase premiums proportionally.
Payment Frequency
Medium ImpactAnnual payments offer significant discounts over monthly payments.
Previous Claims
Low-Medium ImpactClaims history may affect renewal premiums with some insurers.
Annual vs Monthly Payment Comparison
See how much you can save by paying annually instead of monthly
| Provider | Annual Payment | Monthly Payment | Annual Savings |
|---|---|---|---|
| AIG Essential | $188 per year | $18 per month ($216/year) | $28 Save 20% |
| Great Eastern Supreme | $228 per year | $22 per month ($264/year) | $36 Save 16% |
| AXA SmartCare | $258 per year | $26 per month ($312/year) | $54 Save 17% |
| NTUC Shield Gold | $298 per year | $31 per month ($372/year) | $74 Save 21% |
| Prudential Premium | $338 per year | $36 per month ($432/year) | $94 Save 20% |
6 Proven Ways to Reduce Maid Insurance Costs
Expert strategies to minimize your premium while maintaining good coverage
Compare Multiple Providers
Premiums vary significantly between insurers for similar coverage. Always compare at least 3-4 providers.
Pay Annually
Annual payments eliminate processing fees and often include bulk payment discounts.
Start with Younger Helpers
Helpers under 30 command the lowest premiums. Consider age when hiring new helpers.
Bundle with Existing Policies
Some insurers offer discounts if you have other policies (home, car, life) with them.
Choose Optimal Coverage
Don't over-insure. Match coverage to actual needs rather than buying maximum limits.
Maintain No-Claims Record
Some insurers offer no-claims bonuses or discounts for claim-free periods.
Calculate Your Exact Maid Insurance Cost
Get personalized quotes based on your helper's profile and coverage needs
Maid Insurance Cost FAQs
What's the minimum cost for legal maid insurance in Singapore?
The cheapest legal maid insurance starts around $180/year, covering the minimum requirements of $15,000 medical and $60,000 accident coverage. However, these basic plans offer limited benefits.
Why do premiums vary so much between providers?
Insurers use different risk models, have varying operational costs, and offer different service levels. Some focus on basic coverage while others provide comprehensive protection with premium services.
Can I negotiate maid insurance premiums?
Individual premiums are generally fixed, but you can get discounts through group policies, bundle discounts with other insurance products, or by choosing higher deductibles.
How often do maid insurance premiums change?
Most insurers review rates annually. Premiums may increase due to inflation, claims experience, or regulatory changes. Existing policyholders typically get 30-60 days notice of rate changes.