Mirror mirror on the wall, which insurance company covers you during act of war?
There's an excellent article by the Straits Times covering this and the best appears to be Prudential. They cover not just act of war but also terrorism.
NTUC travel insurances covers terrorism but not act of war and any travel against MFA travel advisory. This is not too good as you will have to check before you travel for MFA travel advisory which is troublesome. If you need to go there for work sometimes, you will be going at your own risk. Their life policies does cover terrorism but not act of war.
Great Eastern also covers terrorism but not act of war. However, it is limited to SGD100,000 per person plus a list of terror exclusion. Looks like one's rotten luck is not punished by terrorism but also by the insurance company as well.
AIA travel insurance is the worst as it doesn't cover either act of war or terrorism. Their life policies does cover act of war and terrorism.
ACE travel insurance covers terrorism but not act of war.
Well, still not too late to know for anyone folks considering picking up a life policy. It is really important to know as it is often not our choice how we die and we would want our dependents and loved ones to be covered should the unfortunate happens. With such exclusion, then it is meaningless to be covered by those insurance companies.
There's an excellent article by the Straits Times covering this and the best appears to be Prudential. They cover not just act of war but also terrorism.
NTUC travel insurances covers terrorism but not act of war and any travel against MFA travel advisory. This is not too good as you will have to check before you travel for MFA travel advisory which is troublesome. If you need to go there for work sometimes, you will be going at your own risk. Their life policies does cover terrorism but not act of war.
Great Eastern also covers terrorism but not act of war. However, it is limited to SGD100,000 per person plus a list of terror exclusion. Looks like one's rotten luck is not punished by terrorism but also by the insurance company as well.
AIA travel insurance is the worst as it doesn't cover either act of war or terrorism. Their life policies does cover act of war and terrorism.
ACE travel insurance covers terrorism but not act of war.
Well, still not too late to know for anyone folks considering picking up a life policy. It is really important to know as it is often not our choice how we die and we would want our dependents and loved ones to be covered should the unfortunate happens. With such exclusion, then it is meaningless to be covered by those insurance companies.
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