Personal Accident Insurance

Personal Accident Insurance: Standalone Policy vs. Add-on Rider


Do you plan on buying personal accident insurance in Singapore? If so, give yourself a pat because that’s a wise decision. You will never know when accidents may happen, so getting yourself insured lessens the worries of being entangled in the costly hospitalization expenses.

But before you reach out to a financial advisor or insurance agent, be sure to explore accident insurance options—standalone or add-on rider. Take time to learn about these two and their coverages for more informed decision-making.

How Do Standalone Accident Insurance & Rider Plan Differ

As the name suggests, a standalone accident insurance policy is an independent accident and disability plan, which covers injury, permanent disablement, or accidental death caused by a sudden and incidental event.

Such an insurance plan works like life insurance, but it focuses more on providing financial support in the event of the policyholder’s death or disability due to an accident.

An accident rider plan, on the other hand, is a complementary benefit added onto existing plans, such as a life insurance policy and health insurance plan to enhance the policyholder’s plan coverage.

In life insurance policies, personal accident coverage is enclosed in the Accidental Death and Disability benefit rider. This add-on is usually paid in addition to the standard benefit payable if the insured becomes incapacitated or died of natural causes.

Personal accidents can also be added to health insurance plans as a rider. Like AD&D, this add-on provides compensation for all kinds of injuries resulting from accidents.

Which Works Better

There’s no standard answer to the question “which works better”? If you’re torn on what type of personal accident insurance to get in Singapore, what you must do is determine the insurance coverage you want. It also helps to understand other factors like the scope of customization, sum insured, and premium.

Factors to Consider Standalone Policy Rider/Add-on Benefit






Most standalone policies provide coverage for the insured and the family members. Examples of the benefits included in such policy are:


●       permanent partial disablement

●       temporary total disablement

●       dismemberment or loss of limbs

●       ambulance costs

●       funeral expenses

●       children’s education fund

●       burns and fractures

●       loss of employment

Riders provide essential coverage against the following:


●       accidental deaths

●       permanent total or partial disablements


Scope of Customisation

Unlike benefit riders, standalone personal accident insurance can address types of risks. Accident riders don’t allow customization.




Level of Sum Insured

The sum insured is calculated on the policyholder’s income. This means policy owners may choose a higher amount. Personal accident sum insured under riders is limited since it depends on the base policy (i.e., life insurance, health plan).


The premium tends to be higher than the other options of riders/add-ons. The premium varies across different insurers but is usually low.

Final Thoughts

Getting yourself insured against unforeseen accidents is one of the best gifts you can give to yourself. Not only does personal accident insurance help you in the time of a medical emergency, but it also saves you and your family from emotional and financial worries.

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If you have an existing plan and are content on the AD&D rider, there’s nothing wrong with it. Personal accident riders are also a good option, but it doesn’t provide comprehensive coverage as standalone policies do.

1 thought on “Personal Accident Insurance: Standalone Policy vs. Add-on Rider

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