FWD International Health Insurance: A Good Value Option?

FWD International Health Insurance: A Good Value Option?

FWD's international health insurance plans are one of the most affordable options on the market, and its higher limit plans can provide high value to healthy individuals.

Good for

  • Consumers seeking high value international health insurance
  • Healthy consumers looking for high coverage limits

Bad for

  • Women who need maternity coverage
  • Those looking to purchase optional benefits separately
  • Consumers over 65

Editor's Rating


FWD's International Health Insurance plans are some of the most affordable international plans available to Singaporeans and Expats. While its lower limit plans lack coverage for certain conditions, its higher end plans provide a plethora of benefits for an attractive price, enticing value-conscious consumers. However, consumers who need maternity or outpatient benefits may find better value with other insurance companies.

Summary of FWD International Health Insurance

Customisable coverage
S$2 and S$3 million plans are some of the highest value options on the market
Below average premiums for hospitalisation coverage
Expensive to add outpatient, maternity and dental coverage
Promotion: "BestHealth30" for 30% off

Highlights of FWD's International Health Insurance

FWD's international health insurance will benefit those who are looking for customisable and affordable hospitalisation coverage. There are a total of 6 plans to choose from, which are named after their annual limits for hospitalisation benefit (100k, 250k, 500k, 1m, 2m and 3m). You can also choose your plan based on your desired region (ASEAN, Asia, Worldwide and Worldwide Excluding US), annual coverage limit and type of hospital room. FWD's premiums are generally low, costing 70-75% below average for international health plans regardless of whether you are looking for looking for local or international coverage. These plans are available for expats in Singapore or Singaporeans considering going abroad. You can also purchase these plans for your spouse and children.

This graph shows the cheapest international health insurance plans for expats living in Singapore and Singaporeans who need international coverage

Cost-conscious healthy individuals will benefit from any of FWD's plans. First, FWD provides full coverage for hospitalisation charges, cancer treatments, accidental dental and organ transplants, regardless of the plan you choose. Secondly, healthy individuals may appreciate the no claims bonus that will double their annual limit if they don't make a claim for 2 years. However, consumers looking for a wide scope of coverage may be disappointed in the 100k to 500k plans, since these plans only provide 2 of the 6 miscellaneous hospitalisation benefits offered to higher-end plans. However, if cost takes priority over benefits, these smaller limit plans can provide sufficient enough coverage for a cost that is at least 60% lower than similar plans from other companies.

Misc. Benefits100k/250k500k1m2m3m
Hospital Cash BenefitS$100/dayS$150/dayS$150/dayS$200/dayS$200/day
Accidental Death & DisabilityS$25,000-S$50,000S$50,000S$100,000S$200,000S$500,000
Kidney DialysisN/AS$20,000S$30,000S$50,000Paid in Full
HIV/AIDS TreatmentN/AN/AS$30,000/LifetimeS$30,000/LifetimeS$30,000/Lifetime
Psychiatric TreatmentN/AN/AS$30,000/LifetimeS$30,000/LifetimeS$30,000/Lifetime
Congenital ConditionsN/AN/AS$30,000/LifetimeS$30,000/LifetimeS$30,000/Lifetime

Instead, those who are looking to maximise value may benefit more with FWD's 1m to 3m plans, as they provide the most coverage per dollar of premium compared to any other plans on the market. You will also get a range of miscellaneous inpatient benefits including psychiatric treatment, a hospital cash benefit, HIV/AIDS treatment and kidney dialysis. The 1m plan for the ASEAN region costs between S$603 and S$2,740 depending on your age, and the 1m worldwide (excluding US) plan costs between S$635 and S$2,884—resulting in premiums 65-70% below the industry average.

FWD International Health Insurance Premiums by Age

Hospitalisation Coverage254565
Industry AverageS$1,957S$2,280S$3,191S$3,643S$7,600S$8,843

FWD Optional Benefit Packages

FWD offers 3 optional benefit packages: Outpatient Benefits, Dental & Vision Benefits and Maternity Benefits. Maternity and Dental/Vision packages are only purchasable once you opt for the Outpatient Benefits, making the total cost of your plan increase to a few thousand dollars. The Outpatient Benefits package is available only to those buying the 500k plan or higher and its premiums vary greatly, increasing from around S$1,200 for a 25-year old to S$5,257 for a 65 year old. Its coverage includes psychiatric care, physiotherapy and routine health checks and vaccinations. Because FWD's base plans are priced so low compared to their competitors, the Outpatient Benefits package may be worth adding, as you'll still end up with a plan that costs 30% less than its comparable peers.

Outpatient Benefits500k Plan1m Plan2m Plan3m Plan
Outpatient LimitS$5,000S$10,000S$15,000Paid in Full
Consultations/medications/diagnostic testsPaid in FullPaid in FullPaid in FullPaid in Full
Physiotherapy14 visits20 visitsPaid in FullPaid in Full
Psychiatric and psychological careN/A6 visits/lifetime8 visits/lifetime10 visits/lifetime
Alternative medicine and treatmentS$500S$1,000S$1,500S$1,500
Routine health checks & vaccinationsN/AS$250S$500S$1,000

The Dental & Vision and Maternity Benefits packages are only available for the 1m to 3m plans in addition to only being available if you opt for the Outpatient Benefits package. The Dental & Vision benefits package is the cheapest package, starting with a cost just under S$600 for a 25-year old and around S$780 for a 65-year old. You will receive basic and routine dental work coverage and frame lenses and eye check coverage every two years. While the package itself is relatively affordable, the fact that you can only add it when only you add Outpatient Benefits could dissuade cost-conscious consumers who were originally enticed by FWD's low base plan premiums.

Dental & Vision Benefits1m Plan2m Plan3m Plan
Basic & Complex Dental WorkS$750S$1,250S$1,400
Frames, Lenses, Eye ChecksS$100 every 2 yearsS$200 every 2 yearsS$300 every 2 years

The Maternity Benefit package is the most expensive of the three packages. Costing between S$4,000 and S$5,300 for women aged 25 to 45, this package can bring your total premium into the 5 figure range. Its benefits consist of newborn hospitalisation and daycare treatment coverage and pre-natal, post-natal and delivery coverage. However, due to the high prices, we would not recommend this option for budget conscious women who need maternity coverage. Instead, we'd recommend insurers like MSIG who will provide the same benefits for around 30% less.

Maternity Benefits1m Plan2m Plan3m Plan
Pre-natal visits, Delivery & Post-natal visitsS$8,000S$12,000S$20,000
Newborn coverS$15,000S$20,000S$40,000

Policy Exclusions

FWD's exclusions are fairly standard, with major exclusions including pre-existing conditions, STDs and deliberate self injury. Accidents or injuries that occur during the course of hazardous occupations such as fire-fighting, police, diving, oil rigging and airforce services will not be covered as well.

  • Pre-existing conditions
  • Congenital Conditions (for plans less than S$1m annual limit)
  • STDs
  • Gender Reassignment
  • Conception & fertility treatments
  • Personality disorders
  • Sleep disorders
  • Developmental disorders
  • Deliberate self-inflicted injury or suicide
  • Genetic testing/Stem Cell treatment
  • Sleep and Eating disorders
  • Death or injury from professional sports involvement

Claims & Contact Information

FWD offers a pre-authorisation form to automatically cover inpatient treatment. You can get the form either online or contact FWD's medical administrator. You can submit any other kind of medical claims online by logging in to FWD's customer portal (linked below).

Contact Information
Customer Service+65 6820 8888
Medical Administrator & Emergency Assistance Hotline+65 6715 9919
Mailing AddressFWD Singapore Pte Ltd, 6 Temasek Boulevard, #18-01 Suntec Tower Four, Singapore 038986
ClaimsMedical Claim Forms
Filing ClaimsOnline Claim Submission

FWD International Health Insurance Cost and Features

International health insurance can be a good supplement to a globe trotting Singaporean's Integrated Shield plan or provide necessary coverage for foreigners stationed in Singapore. However, international health insurance can get get quite expensive and consumers should carefully compare their options before settling on a plan. To help you compare, we summarised FWD International Health Insurance benefits and premiums below. If you want to compare FWD to our top picks, you can read our guide to the best international health insurance.

Hospitalisation ChargesPaid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Cancer TreatmentPaid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Pre/Post Hospitalisation Coverage90 Days90 Days90 Days90 Days90 Days
Parent AccommodationS$250/NightS$250/NightS$250/NightS$250/NightS$250/Night
Accidental DentalPaid in FullPaid in FullPaid in FullPaid in FullPaid in Full
Kidney DialysisN/AS$20,000S$30,000S$50,000Paid in Full
HIV/AIDS TreatmentN/AN/AS$30,000/LifetimeS$30,000/LifetimeS$30,000/Lifetime
Psychiatric TreatmentN/AN/AS$30,000/LifetimeS$30,000/LifetimeS$30,000/Lifetime
Hospital Cash BenefitS$100/dayS$150/dayS$150/dayS$200/dayS$200/day
Accidental Death & DisabilityS$25,000-S$50,000S$50,000S$100,000S$200,000S$500,000
Deductible (optional)0-S$10,0000-S$10,0000-S$10,0000-S$10,0000-S$10,000

Comments and Questions