Aviva's Personal Accident insurance is one of the most affordable personal accident plans on the market. Furthermore, while it doesn't have as many benefits included in its base plan as some other plans on the market, Aviva's benefits are necessary and beneficial. This combination of competitive premiums and simple, yet effective, coverage makes Aviva a great option for the average white collar worker. However, due to the relatively low maximum coverage amount, it may not be the best option for individuals who need high levels of coverage.
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|Aviva Personal Accident Insurance|
|Offers some of the cheapest premiums on the market|
|Lite plan is the cheapest basic-tier plan on the market|
|One of the most high value options for individuals working in low-risk jobs|
|Does not offer coverage to people working in high risk or manual jobs|
|Free cover for children (20% of the sum assured)|
Aviva Personal Accident Highlights
Aviva's personal accident (PA) insurance plans can be good options for individuals who prioritise affordability over high levels of coverage. There are three plans to choose from: PA Lite, which is Aviva's cheapest plan, PA Standard and PA Plus, which is its top-tier option. On average, we found Aviva's PA plans to cost 40% less than the industry average, with the Lite plan being the cheapest Personal Accident plan on the market. You can purchase these plans online if you are in either a class 1 or class 2 occupation (no or low manual labor jobs).
In terms of coverage, Aviva's plans may be a suitable option for individuals working in low-risk jobs who do not require high levels of coverage. This is because the maximum sum you can be insured for is S$300,000—around ⅓ of the maximum coverage offered by other plans on the market. Furthermore, while young families may appreciate Aviva's plan's free child coverage , the elderly may miss out on certain quality of life benefits like home modification and physiotherapy coverage, which are not offered by Aviva. Furthermore, coverage ends on your 70th birthday—5 years earlier than the average policy termination date. Thus, while Aviva may not be the best fit for older individuals it may be suitable for working individuals.
Aviva PA Lite Plan
Aviva's PA Lite plan is the basic-tier plan that may be a good option for budget-constrained individuals looking for a low-cost personal accident plan. Additionally, it may also be a good fit for individuals who prioritise price over coverage. The PA Lite's premiums are around 32-37% cheaper than the basic plan average. Additionally, we actually found the Lite plan to be the cheapest option for individuals in white-collar/professional jobs. In terms of coverage, you'll get S$100,000 of accidental death and disability coverage and S$3,000 of medical expense coverage, which is right around the average for basic-tier plans. Furthermore, you will also be covered against third-party liability (should your accident involve another person) and a daily stipend for each day you spend in the hospital.
All in all, the PA Lite plan is one the most affordable options on the market that presents itself in a neat package. It doesn't completely strip itself of miscellaneous benefits like other budget personal accident plans, nor does offer benefits that may end up being frivolous. Despite this, we would not recommend this plan to those who do prioritise high levels of coverage or workers at risk of having expensive accidents.
|Premiums & Benefits||Aviva Lite||Basic Plan Avg.|
|Class 1 Occupation Premium||S$85.50||S$138.00|
|Class 2 Occupation Premium||S$112.35||S$152|
|Accidental Death & Disability||S$100,000||S$86,364|
Aviva PA Standard Plan
Aviva's PA Standard plan is a mid-tier plan that could be the most economical choice for individuals looking for S$200,000 worth of coverage. For instance, Its premiums cost around 50% below average compared to other mid-tier plans. Furthermore, it may also be a good fit for those who don't require a plethora of miscellaneous benefits. Similar to the Lite Plan, it offers a few benefits including personal liability coverage, a daily hospital cash benefit and medical expense coverage. Lastly, young families who want a bit of contingency plan for their child may appreciate the free child cover, a benefit that provides the same coverage for your child up to 20% of your sum assured. On the other hand, this plan may not be the best option for those looking for market-beating coverage amounts or a plethora of benefits.
|Premiums & Benefits||PA Standard||Mid-Tier Plan Avg.|
|Class 1 Occupation Premium||S$153.90||S$294.00|
|Class 2 Occupation Premium||S$182.40||S$334.00|
|Accidental Death & Disability||S$200,000||S$231,579|
Aviva PA Plus Plan
Aviva's PA Plus plan is its top-tier plan that may be a good budget option for the average office worker who needs S$300,000 of personal accident coverage. Its premiums cost 30% less than the average S$300,000 sum assured PA plan and its level of coverage is about average. Similar to its other plans, Aviva's PA Plus plan offers a few benefits beyond the standard accidental death and disability coverage. This includes personal disability coverage, a hospital cash benefit, medical expense coverage and a free child cover of up to 20% of the sum assured.
Despite its attractive premium, we found this plan is best suited for individuals looking for mid-tier plans. This is because for a top-tier plan its coverage and benefits fall below average compared to other top-tier plans. Thus, while someone who wants a simple plan may benefit from Aviva's Plus plan, those who are looking for high-coverage and a wide array of benefits may not find this plan to be the best fit.
|Premiums & Benefits||PA Standard||Top-Tier Plan Avg.|
|Class 1 Occupation Premium||S$233.70||S$659.00|
|Class 2 Occupation Premium||S$273.60||S$735.00|
|Accidental Death & Disability||S$300,000||S$610,000|
Aviva offers two benefit add-ons: a weekly temporary disablement benefit and a mobility aid/ambulance service reimbursement. The weekly disablement benefit will offer a cash benefit for each 7-day period that you remain disabled and unable to attend work. The mobility aid and ambulance services benefit will provide coverage for prescribed mobility aids and ambulance transportation as a result of your injury. The cost to add these options are pretty affordable, with the most you'll pay for either add one being S$25.65.
|Benefit||Coverage Amount||Add-on Cost|
|Weekly Benefit for Temp. Disablement (104 Weeks)||S$50/Week||S$6.27|
|Mobility Aid & Ambulance Service Coverage||S$2,000||S$25.65|
Aviva does not cover individuals working in manual or hazardous occupations (e.g. construction, oil-rigging, unskilled labour) and individuals who have had their driving license revoked or suspended in the past 3 years. Furthermore, Aviva does not cover accidents arising out of war, participation in risky sports (sky-diving, bungee jumping, etc.), pre-existing conditions, alcohol or drug use, attempted suicide or self-injury. Furthermore, your claim will most likely be denied if the accident was caused by your or your family's negligence or deliberate exposure to danger.
Claims & Contact Information
To file a personal accident claim with Aviva, you should notify Aviva of the eligible event within 30 days of it occurring and submit all the required documentation. This includes all relevant claims forms, receipts and invoices and police reports. You can submit the documentation and claim form via email and mail the original documents via post.
Aviva Personal Accident Cost & Features
While a personal accident plan may be a good way to top off your protection, it may not be the right purchase for everyone. Thus, you should always carefully analyse all of your insurance options to make sure the added benefits will justify the cost. Below, you'll find a summary of Aviva's personal accident plans' cost and features. If you wish to compare it to other policies on the market, you can refer to our guide to the best personal accident plans available in Singapore.
|Coverage & Premiums||PA Lite||PA Standard||PA Plus|
|Occupation Class 1||S$85.50||S$153.90||S$233.70|
|Occupation Class 2||S$102.60||S$182.40||S$273.60|
|Accidental Death & Disablement Coverage||S$100,000||S$200,000||S$300,000|
|Medical Expense Coverage||S$3,000||S$4,000||S$5,000|
|Hospital Allowance (30 Days)||S$50/day||S$100/day||S$200/day|