Shenton Brokers
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Maid insurance

FWD vs MSIG maid insurance

As of 28 Oct 2026 (Singapore time)

Of the 6 examples both price, FWD was cheaper on 0, MSIG on 6. 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.
ExampleFWDMSIG
New helper, 26 months, with bond waiverS$573.37Essentialas at 15 Oct 2026S$447.88Standardas at 5 Oct 2026
Renewal, 14 months, no waiverS$403.67Essentialas at 15 Oct 2026No online price
Young helper, 26 months, with bond waiverS$573.37Essentialas at 15 Oct 2026S$447.88Standardas at 5 Oct 2026
26 months, with bond waiver, helper under 50S$573.37Essentialas at 15 Oct 2026S$447.88Standardas at 5 Oct 2026
26 months, with bond waiver, helper over 50S$1,330.37Essentialas at 15 Oct 2026S$827.09Standardas at 5 Oct 2026
26 months, no bond waiver, helper under 50S$573.37Essentialas at 15 Oct 2026S$409.73Standardas at 5 Oct 2026
26 months, no bond waiver, helper over 50S$1,330.37Essentialas at 15 Oct 2026S$788.94Standardas at 5 Oct 2026
14 months, with bond waiver, helper under 50S$403.67Essentialas at 15 Oct 2026No online price
14 months, with bond waiver, helper over 50S$936.56Essentialas at 15 Oct 2026No online price
14 months, no bond waiver, helper under 50S$403.67Essentialas at 15 Oct 2026No online price
14 months, no bond waiver, helper over 50S$936.56Essentialas at 15 Oct 2026No online price

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: FWD Essential, MSIG Standard.
CoverFWDMSIG
Hospital & surgicalS$60,000 per year; first S$15,000 paid in full, 75% above (25% employer co-payment)S$60,000 per year; first S$15,000 no co-payment, 25% co-payment above (optional reduction to 10% or 0%)
OutpatientS$1,000 accident medical expenses; outpatient illness not covered (an optional add-on covers it)Accidents only: S$1,000 medical expenses due to accident (dental S$500, TCM S$100, dengue S$100 sub-limits)
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.

Get your own quote

Questions people ask

Is FWD or MSIG cheaper for maid insurance?

Of the 6 examples both price, FWD was cheaper on 0, MSIG on 6. Your own answers can change the order, so get your own quote.

How does FWD's cover compare with MSIG's?

On each one's cheapest plan for new helper, 26 months, with bond waiver (FWD Essential, MSIG Standard): Hospital & surgical: FWD S$60,000 per year; first S$15,000 paid in full, 75% above (25% employer co-payment), MSIG S$60,000 per year; first S$15,000 no co-payment, 25% co-payment above (optional reduction to 10% or 0%); Outpatient: FWD S$1,000 accident medical expenses; outpatient illness not covered (an optional add-on covers it), MSIG Accidents only: S$1,000 medical expenses due to accident (dental S$500, TCM S$100, dengue S$100 sub-limits); Repatriation: FWD S$10,000, MSIG S$10,000; Excess: FWD S$0.00, MSIG S$0.00.

What discounts are FWD and MSIG running?

FWD: none to show. MSIG: 30% off.