MSIG Insurance Singapore Rating & Review 2021

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Providing banking and insurance solutions for more than 100 years

One of Asia’s leading insurers, MSIG Insurance has had a strong presence in Singapore for over 100 years. The expertise involved in this stable company is a result of many successful mergers that are a wholly-owned subsidiary of MSIG Holdings (Asia) Pte. Ltd. The parent company of MSIG Insurance, Mitsui Sumitomo Insurance Company (MSI) has an impressive profile with total assets of over US$59 billion. The company is also a member of the MS&AD Group, a world-renowned general insurance group that operates in more than 40 countries. MS Amlin, the second-largest Lloyd’s syndicate was taken over by the company in 2015. MSIG Insurance is one of the few foreign‑based general insurers of Singapore that offer a wide variety of financial, banking and insurance solutions to individual consumers and companies. The company’s deeply rooted global networks and partnerships with top-notch agencies, financial firms, and Japanese corporate clients have made them a trust-worthy name in the banking industry.

3 reviews

Insurance

The level of support and clarity MSIG provides is very reassuring and thoughtful

MSIG TravelEasy Standard / MSIG Insurance Singapore

If you pause to consider its cheapest Standard plan, MSIG travel insurance is actually very affordable after the generous promotional discounts. The level of support and clarity MSIG provides is also reassuring and very thoughtful while there terms & conditions are clearly stated on the site and not hidden away in some remote PDF, and the claims process appears to be pleasant. However, the only cons is that MSIG has made the Standard plan very limited in comparison to the Elite and Premier Plans. Once you compare their coverage, you will definitely feel tempted to upgrade.

Coverage for adventurous activities like bungee jumping, skydiving etc

MSIG TravelEasy Standard Pre-Ex / MSIG Insurance Singapore

You are covered for adventurous activities like bungee jumping, skydiving, paragliding, hot air ballooning, jet skiing, white water rafting, diving and general snow sports like skiing and snowboarding. There is also decent golf coverage for equipment, unused green fees, and hole-in-one (that should please all the golf lovers). However, you will only get the adventure cover and golf cover for Elite and Premier plans (too bad golf lovers).

Overseas study insurance has never been easier with the ability to buy online and receive your e-policy instantly

MSIG Global Study / MSIG Insurance Singapore

Getting overseas study insurance has never been easier with the ability to buy online and receive your e-policy instantly. The MSIG Global Study emergency hotline ensures that there is always someone to connect you to medical care and evacuation, no matter which time zone you are in. So therefore you save time by submitting your overseas study insurance claim online and they will keep the process as simple as possible to bring your claim to a fair settlement.