PA Assurance is Income Insurance's flagship personal accident plan, and its Basic tier costs $233.26 a year (about $0.64 a day) for $100,000 of accidental-death cover and $150,000 for permanent disability, per Income's 2026 schedule. Pay a bit more and you climb through Classic, Superior, Premium and Prestige, where the death payout reaches $1 million. The plan only pays for injury caused by an accident, not illness, though you can bolt on cover for 26 infectious diseases such as dengue and HFMD. This review breaks down all five tiers, the real 2026 premiums, the fine print most buyers miss, and whether the entry-level plan actually earns its keep.
Personal accident insurance is narrow on purpose. PA Assurance pays a cash lump sum if an accident, defined by Income as a sudden, unexpected event caused by an external force, leaves you dead or permanently disabled, and it reimburses the medical bills tied to that injury. A traffic collision, a fall down the MRT stairs or a kitchen knife slip all qualify. A heart attack, a cancer diagnosis or a slipped disc from bad posture do not, because those are illnesses, not accidents.
That distinction is the whole point. A critical illness plan or your Integrated Shield Plan handles disease and hospital bills; PA fills the accident-shaped gap with fast, no-questions cash. The headline benefits run beyond death and disability: daily hospital income, ICU cash, ambulance fees, TCM and chiropractor visits, mobility aids, home modification after a serious injury, and a family support fund paid on top of the death benefit.
Cover applies in Singapore and overseas, as long as any single trip abroad does not exceed 180 consecutive days. If you want a sense of where accident cover sits in a full protection stack, our insurance basics guide maps out how PA, life, health and disability cover overlap.
PA Assurance comes in five tiers. Income only publishes online premiums for Basic, Classic and Superior; Premium and Prestige are quoted through an adviser, though the figures appear in the product brochure. The table below shows the yearly premium without the infectious-disease add-on, all inclusive of 9% GST and verified against Income's 2026 PA Assurance schedule (as of June 2026). Premiums are flat regardless of age within the eligible band, which is unusual and works in older buyers' favour.
Adding the optional infectious-disease cover raises the Basic premium to $255.06 a year, Classic to $409.84 and Superior to $552.63. Premiums are non-guaranteed and reviewed periodically, so treat these as the rate card at time of writing rather than a locked price.
| Tier | Accidental death | Permanent disability | Medical expenses (per accident) | Yearly premium |
|---|---|---|---|---|
| Basic | $100,000 | $150,000 | $3,000 | $233.26 |
| Classic | $200,000 | $300,000 | $6,000 | $361.88 |
| Superior | $300,000 | $450,000 | $10,000 | $479.60 |
| Premium | $500,000 | $750,000 | $15,000 | $817.50 |
| Prestige | $1,000,000 | $1,500,000 | $25,000 | $1,045.31 |
Most people anchor on the death and disability figures, but the smaller benefits are where PA Assurance does its day-to-day work. After a bad fall you are far more likely to claim daily hospital income and outpatient medical than to claim the million-dollar death sum.
Two clauses can lift a payout well above the headline. Death on public transport pays double, so a Basic policyholder killed in a bus or MRT accident leaves $200,000 plus the family support fund, not $100,000. And the family support fund itself, up to $35,000 on Prestige, is paid on top of the death or major-disability benefit to help dependents through the first months.
PA Assurance lets you extend cover to 26 named infectious diseases, including dengue, hand-foot-and-mouth disease, chickenpox, shingles, measles and Japanese encephalitis. For Basic, the add-on costs about $21.80 extra a year ($255.06 versus $233.26). For a family with young kids cycling through HFMD and chickenpox, that small top-up can pay for itself in a single hospital stay through the daily hospital income benefit.
Read the exclusions before assuming you are covered. Income does not pay for any infectious disease diagnosed within 14 days of the policy start date, which blocks people from buying cover after symptoms appear. It also suspends cover for any disease declared an epidemic by Singapore's health authority or a pandemic by the WHO, for the duration of that declaration. In plain terms, this is dengue-and-HFMD protection, not a Covid-style pandemic safety net.
You can buy PA Assurance from age 15 days to 70, provided you hold a valid Singapore NRIC, work pass or student pass and are not away from Singapore for more than 180 days at a stretch. Income may continue cover to age 80 on its own terms, so this is not a lifelong guarantee; the policy renews yearly and rates can change.
Families get the strongest value. Insure a child under the same policy as at least one parent and the child's premium drops 40%. Because PA premiums are flat across ages, a parent in their late 50s pays the same Basic rate as someone in their 20s, which makes PA Assurance one of the few accident plans where older buyers are not penalised. Before committing, sanity-check it against your wider budget using our financial health check so the premium fits your protection priorities.
PA Assurance sits at the fuller-featured end of Income's own range. Its sibling, PA Secure, is cheaper and caps eligibility at 65, but offers a thinner benefit table and lifestyle add-ons instead of infectious-disease cover. Other insurers price entry plans below PA Assurance's $233.26, so the Basic tier is not the cheapest accident cover on the market, just a well-rounded one.
If price is your only filter, an entry plan from another insurer may undercut it. If you want infectious-disease cover, a generous family discount and flat pricing into your 60s, PA Assurance Basic is a fair starting point. We compare the full market in our best personal accident plans guide, and you can pressure-test how a lump-sum payout would actually stretch with the savings goal calculator.
PA claims are usually quick because there is no medical underwriting of pre-existing illness; the question is simply whether an accident happened. Keep the accident report, medical certificates, itemised bills and any police report if relevant, then submit through Income's claims portal or your adviser. Daily hospital income and weekly cash are paid against documented hospitalisation, while death and disability claims need the relevant certification.
The verdict: PA Assurance Basic is worth it as a cheap, fast-paying accident buffer if you do not already hold strong total and permanent disability cover, and especially if you have young children to add at the 40% discount. Skip it if your existing life and disability policies already carry large accident riders, or if you only want bare-minimum cover, where a rival entry plan may cost less. As with any policy, use the 14-day free-look period to read the contract and cancel for a refund if it is not the fit you expected.
The Basic tier costs $233.26 a year, or about $0.64 a day, inclusive of 9% GST and per Income's 2026 schedule. Classic is $361.88, Superior $479.60, Premium $817.50 and Prestige $1,045.31. Adding infectious-disease cover raises each premium by roughly 9% to 15%.
By default it only pays for injury caused by an accident, not illness. You can add optional cover for 26 named infectious diseases such as dengue and hand-foot-and-mouth disease, but general illnesses like cancer or heart disease are never covered and belong under health or critical-illness insurance instead.
You can buy PA Assurance from 15 days old up to age 70 with a valid Singapore identification document. Income may renew cover up to age 80 on revised terms, but it is a yearly policy rather than a guaranteed lifelong plan, so premiums and conditions can change at renewal.
For families with young children prone to HFMD or chickenpox, the roughly $22 extra a year on the Basic tier can pay back through daily hospital income in one stay. Note it excludes any disease diagnosed within 14 days of buying and suspends cover during WHO-declared pandemics, so it is dengue-and-HFMD protection, not pandemic cover.
This is general financial information for Singapore, not personal financial advice. Figures change — verify current rates against the official sources above before acting. See our full disclaimer.