Personal accident insurance
HSBC Life vs Income personal accident insurance
As of 28 Oct 2026 (Singapore time)
Of the 9 examples both price, HSBC Life was cheaper on 6, Income on 3. Your own answers can change the order, so get your own quote.
Lowest price on each example
| Example | HSBC Life | Income |
|---|---|---|
| Accountant, S$200,000 cover | S$204.92HSBC Life Band Aid Package 2 (S$200,000), basic planas at 19 Oct 2026 | S$361.88PA Assurance Classic (S$200,000)as at 16 Oct 2026 |
| Sales executive who travels for work, S$100,000 cover | S$112.27HSBC Life Band Aid Package 1 (S$100,000), basic planas at 19 Oct 2026 | S$233.26PA Assurance Basic (S$100,000)as at 16 Oct 2026 |
| Technician, S$500,000 cover | No online price | S$817.50PA Assurance Premium (S$500,000)as at 16 Oct 2026 |
| Class 1 job, S$50,000 cover | S$102.46HSBC Life Band Aid Package 1 (S$100,000), basic planas at 19 Oct 2026 | S$233.26PA Assurance Basic (S$100,000)as at 16 Oct 2026 |
| Class 2 job, S$50,000 cover | S$112.27HSBC Life Band Aid Package 1 (S$100,000), basic planas at 19 Oct 2026 | S$233.26PA Assurance Basic (S$100,000)as at 16 Oct 2026 |
| Class 3 job, S$50,000 cover | No online price | S$233.26PA Assurance Basic (S$100,000)as at 16 Oct 2026 |
| You and your spouse, S$50,000 cover | S$204.92HSBC Life Band Aid Package 1 (S$100,000), basic plan, me and my spouse (one policy each)as at 19 Oct 2026 | S$466.52PA Assurance Basic, me and my spouse (S$100,000 each)as at 16 Oct 2026 |
| You and 1 child, S$50,000 cover | S$512.30HSBC Life Band Aid Package 3 (S$500,000), basic plan, me and my children (children free)as at 19 Oct 2026 | S$373.22PA Assurance Basic, me and my children (S$100,000; each child 40% off)as at 16 Oct 2026 |
| You and 2 children, S$50,000 cover | S$512.30HSBC Life Band Aid Package 3 (S$500,000), basic plan, me and my children (children free)as at 19 Oct 2026 | S$513.17PA Assurance Basic, me and my children (S$100,000; each child 40% off)as at 16 Oct 2026 |
| Family: you, your spouse and 1 child, S$50,000 cover | S$1,024.60HSBC Life Band Aid Package 3 (S$500,000), basic plan, family (one policy each adult, children free)as at 19 Oct 2026 | S$606.48PA Assurance Basic, family (S$100,000 each adult; each child 40% off)as at 16 Oct 2026 |
| Family: you, your spouse and 2 children, S$50,000 cover | S$1,024.60HSBC Life Band Aid Package 3 (S$500,000), basic plan, family (one policy each adult, children free)as at 19 Oct 2026 | S$746.43PA Assurance Basic, family (S$100,000 each adult; each child 40% off)as at 16 Oct 2026 |
| 1 child on their own | No online price | S$233.26PA Assurance Basic, children only (S$100,000 each child, full price)as at 16 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
| Cover | HSBC Life | Income |
|---|---|---|
| Accident medical expenses | Not included in the basic plan (optional benefit, extra premium) | S$6,000 per accident (outpatient S$3,000; physiotherapy S$1,500 a year; TCM or chiropractor S$750) |
| Hospital cash | Not included in the basic plan (optional benefit, extra premium) | S$150 a day, up to 365 days (S$450 a day in ICU, up to 30 days) |
| Infectious diseases (e.g. HFMD) | Not included in the basic plan (optional benefit, extra premium) | Not covered: Income sells it as the "with infectious disease cover" version of this plan |
| Excess | S$0.00 | S$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 quoteQuestions people ask
Is HSBC Life or Income cheaper for personal accident insurance?
Of the 9 examples both price, HSBC Life was cheaper on 6, Income on 3. Your own answers can change the order, so get your own quote.
How does HSBC Life's cover compare with Income's?
On each one's cheapest plan for accountant, S$200,000 cover (HSBC Life HSBC Life Band Aid Package 2 (S$200,000), basic plan, Income PA Assurance Classic (S$200,000)): Accident medical expenses: HSBC Life Not included in the basic plan (optional benefit, extra premium), Income S$6,000 per accident (outpatient S$3,000; physiotherapy S$1,500 a year; TCM or chiropractor S$750); Hospital cash: HSBC Life Not included in the basic plan (optional benefit, extra premium), Income S$150 a day, up to 365 days (S$450 a day in ICU, up to 30 days); Infectious diseases (e.g. HFMD): HSBC Life Not included in the basic plan (optional benefit, extra premium), Income Not covered: Income sells it as the "with infectious disease cover" version of this plan; Excess: HSBC Life S$0.00, Income S$0.00.
What discounts are HSBC Life and Income running?
HSBC Life: none to show. Income: none to show.