Shenton Brokers
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Maid insurance

EQ Insurance vs FWD maid insurance

As of 28 Oct 2026 (Singapore time)

Of the 11 examples both price, EQ Insurance was cheaper on 7, FWD on 4. Your own answers can change the order, so get your own quote.

Lowest price on each example

Each insurer's cheapest plan for the example, with any discount it is running taken off.
ExampleEQ InsuranceFWD
New helper, 26 months, with bond waiverS$616.94EQ MaidSafe (Plan 1)as at 5 Oct 2026S$573.37Essentialas at 15 Oct 2026
Renewal, 14 months, no waiverS$401.78EQ MaidSafe (Plan 1)as at 5 Oct 2026S$403.67Essentialas at 15 Oct 2026
Young helper, 26 months, with bond waiverS$616.94EQ MaidSafe (Plan 1)as at 5 Oct 2026S$573.37Essentialas at 15 Oct 2026
26 months, with bond waiver, helper under 50S$616.94EQ MaidSafe (Plan 1)as at 5 Oct 2026S$573.37Essentialas at 15 Oct 2026
26 months, with bond waiver, helper over 50S$1,205.00EQ MaidSafe (Plan 1)as at 5 Oct 2026S$1,330.37Essentialas at 15 Oct 2026
26 months, no bond waiver, helper under 50S$562.44EQ MaidSafe (Plan 1)as at 5 Oct 2026S$573.37Essentialas at 15 Oct 2026
26 months, no bond waiver, helper over 50S$1,150.50EQ MaidSafe (Plan 1)as at 5 Oct 2026S$1,330.37Essentialas at 15 Oct 2026
14 months, with bond waiver, helper under 50S$456.28EQ MaidSafe (Plan 1)as at 5 Oct 2026S$403.67Essentialas at 15 Oct 2026
14 months, with bond waiver, helper over 50S$844.75EQ MaidSafe (Plan 1)as at 5 Oct 2026S$936.56Essentialas at 15 Oct 2026
14 months, no bond waiver, helper under 50S$401.78EQ MaidSafe (Plan 1)as at 5 Oct 2026S$403.67Essentialas at 15 Oct 2026
14 months, no bond waiver, helper over 50S$790.25EQ MaidSafe (Plan 1)as at 5 Oct 2026S$936.56Essentialas at 15 Oct 2026

All prices include 9% GST.

These are example prices for the details above. Your own price depends on your answers.

Cover side by side

Each insurer's cheapest plan for new helper, 26 months, with bond waiver: EQ Insurance EQ MaidSafe (Plan 1), FWD Essential.
CoverEQ InsuranceFWD
Hospital and surgical (per year)S$60,000 per annum (up to S$15,000 no co-payment; above S$15,000 the policyholder co-pays 25%)S$60,000 per year; first S$15,000 paid in full, 75% above (25% employer co-payment)
Outpatient treatmentAccidents only: S$2,000 medical expenses per annum; outpatient kidney dialysis/cancer treatment S$2,000 per policy yearS$1,000 accident medical expenses; outpatient illness not covered (an optional add-on covers it)
RepatriationS$10,000S$10,000
ExcessS$0.00S$0.00

Dearer plans from either insurer can cover more. Read the policy wording before you buy.

Discounts running today

More about each

See every insurer's price for your own answers, cheapest first.

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Questions people ask

Is EQ Insurance or FWD cheaper for maid insurance?

Of the 11 examples both price, EQ Insurance was cheaper on 7, FWD on 4. Your own answers can change the order, so get your own quote.

How does EQ Insurance's cover compare with FWD's?

On each one's cheapest plan for new helper, 26 months, with bond waiver (EQ Insurance EQ MaidSafe (Plan 1), FWD Essential): Hospital and surgical (per year): EQ Insurance S$60,000 per annum (up to S$15,000 no co-payment; above S$15,000 the policyholder co-pays 25%), FWD S$60,000 per year; first S$15,000 paid in full, 75% above (25% employer co-payment); Outpatient treatment: EQ Insurance Accidents only: S$2,000 medical expenses per annum; outpatient kidney dialysis/cancer treatment S$2,000 per policy year, FWD S$1,000 accident medical expenses; outpatient illness not covered (an optional add-on covers it); Repatriation: EQ Insurance S$10,000, FWD S$10,000; Excess: EQ Insurance S$0.00, FWD S$0.00.

What discounts are EQ Insurance and FWD running?

EQ Insurance: none to show. FWD: none to show.