Product
Group medical, dental, life, and personal accident plans that help you attract and retain talent.
Employee benefits insurance refers to group insurance plans that provide your team with medical, dental, life, and accident coverage as part of their employment package. In Singapore, where healthcare costs continue to rise and competition for talent is fierce, employee benefits are a practical tool for both protecting your people and strengthening your employer brand.
A well-structured benefits plan typically combines several components: group hospitalisation and surgical (H&S) insurance covers major medical events; outpatient medical covers GP visits and everyday healthcare; dental covers routine oral care; and group term life and personal accident provide financial security for employees' families.
Unlike individual insurance, group plans don't require medical underwriting for each employee. Everyone on the team is covered from day one — regardless of age or health history. This makes group insurance more inclusive, simpler to administer, and almost always cheaper per person than individual policies.
Coverage
Key areas of protection included under a typical Employee Benefits Insurance policy.
Inpatient hospital expenses, surgery, and specialist treatment for your employees
GP visits, specialist consultations, and prescribed medication for everyday healthcare needs
Routine dental check-ups, scaling, polishing, fillings, and basic dental procedures
Lump sum payout to an employee's dependants in the event of death during employment
Compensation for accidental death, permanent disability, and medical expenses from accidents
Coverage for pregnancy-related expenses including prenatal visits, delivery, and postnatal care
Specialist consultations, diagnostic tests, and prescribed treatments without a referral requirement
Who Needs This
Any company looking to attract and retain good people. In Singapore's tight labour market, salary alone doesn't win talent. Benefits are one of the top factors candidates consider when choosing an employer. A strong medical and dental plan can be the difference between accepting your offer or someone else's.
Growing startups and tech companies. Startups often compete for the same talent as MNCs and large corporates. Offering group medical, dental, and life insurance levels the playing field — and it's more affordable than most founders expect. It also signals that you're a serious, well-run company.
Companies with foreign workers. Beyond the mandatory medical insurance required by MOM for Work Permit holders, many employers choose to provide broader group coverage for all employees as a retention and welfare measure. This is especially common in industries like construction, manufacturing, and logistics.
Professional services firms. Accountancies, law firms, consultancies, and similar businesses depend on their people. Losing key staff to a competitor because they offered better benefits is a real and avoidable risk. Group plans are a cost-effective way to protect your most important asset.
Why TRS
Market-wide comparison. Group insurance pricing varies significantly between insurers, and so do the policy terms. We compare plans from all major insurers in Singapore — including Great Eastern, AIA, Prudential, NTUC Income, and more — to find the best coverage for your budget.
Plan design expertise. We help you structure a benefits plan that works for your company — the right tier structure, benefit limits, co-payment levels, and add-ons. A well-designed plan maximises employee satisfaction without blowing your budget.
Ongoing administration support. Adding new employees, processing claims, handling renewals, and managing insurer relationships — we take care of the admin so your HR team doesn't have to.
FAQ
Free, no-obligation quotes from multiple insurers. Most quotes delivered within 24 hours.