The Best Travel Insurance to Purchase for Different Ages

Buying travel insurance is now an essential part of pre-holiday preps. Whether you’re young or old, there is no dearth of plans and coverage benefits. So, how do you find the best travel insurance for your age?

Best Travel Insurance In Singapore For Different Ages

Best for young adults: MSIG TravelEasy | FWD Travel Insurance | Tokio Marine Travel Insurance
Best for adults with family: Allianz Travel Comprehensive Silver | FWD Travel Insurance
Best for senior travellers: TIQ Pre-Ex Savvy Travel Insurance | Singlife Travel Insurance Plus

Age is definitely a factor when you’re deciding on a premium for a travel insurance policy. However, there are other important considerations that come with it as well.

For example, do you want a single trip plan or an annual plan? What kind of coverage do you want in your policy?

Before we find the best travel insurance for your age, take a look at the types of plans and coverage options so you can make a well-informed decision on which travel insurance policy to get.

Table of Contents

Types of travel insurance plans based on frequency

There are two types of travel insurance plans based on frequency of travel. These are:

Single trip plans
Multi-trip plans or annual plans

These plans are offered to help economise the purchase of travel insurance plans. Let’s see exactly how this works.

Single trip plans

A single trip plan provides coverage for just one trip in which you are departing and arriving from the same country. The maximum coverage duration for these plans is usually 180 days. Although the duration would ultimately depend on your insurer.

You may avail single trip plans for individual, family, and group policies. However, all insured travellers with the family or group policy must have the same departure and return dates.

Annual plans

Annual travel insurance plans provide coverage for multiple trips within a single year. While you are allowed to make an unlimited number of trips, each trip duration cannot exceed 90 days. So, if you’re going on a long staycation in a single destination, this plan isn’t ideal for you.

Annual plans are offered for families and individuals as well. Unlike single trip plans, insured members aren’t required to travel at the same time or to the same destination.

Annual travel insurance plans are the best for frequent travellers. You may take multiple trips throughout the year with all the basic coverage benefits.

Compare Best Travel Insurance Deals

Types of travel insurance based on coverage

There are three types of insurance plans based on the number of people insured under a single policy.

Individual - Single traveller
Family - Includes spouse, children, grandparents, in-laws, and/or siblings
Group - Two or more travellers

Let’s compare these three types to see which one would be the best for your age:

Individual	Family	Group
Covers a single traveller	Covers a couple or single parent along with their family members (children, grandparents, parents, in-laws, and/or siblings) Usually covers up to five family members, although this may vary per insurer.	Covers two or more travellers, regardless of their relations
Available as single and annual trip plans	Available as single and annual trip plans	Only available as a single trip plan
Includes benefits such as trip cancellation/reschedule, baggage loss, personal accident.	Includes benefits such as trip cancellation/reschedule, baggage loss, personal accident. Children will be covered as per child benefits stated in the policy.	Includes benefits such as trip cancellation/reschedule, baggage loss, personal accident.
Anyone who is 18 and above can purchase this policy	Anyone who is 18 (can vary) and above can purchase this policy. Children included in this policy should be less than 18 years old, or a full-time student under 25 years old.	Anyone who is 18 (can vary) and above can purchase this policy.
	All insured members need not travel at the same time or to the same destination. Exception: children below the age of 12 need parent or adult guardianship.	All insured members must travel at the same time to the same destination.
Best for adults and elderly travellers. It works well for solo travellers. It’s also a great option when you need to buy insurance for one or two additional family members who are not part of an existing family plan for a single trip.	Best for child and adult travellers. It’s a comprehensive option for families. It includes both or single parents as well their children under the same plan.	Best for elderly and adult travellers travelling in a group. A group plan is ideal for any group of mixed ages travelling on holiday together. While group plan benefits cover all age groups, family plans are still better options for children.

Best travel insurance for young adults

Young adults tend to engage more in adventure sports on holidays. While not all insurance plans have coverage benefits for adventure sports within the policy, it can be purchased as an add-on.

Read the fineprint to see what exactly the policy considers as ‘adventure sports’. However, here are a few commonly insured activities:

Hiking and trekking
Skiing
Scuba diving
White water rafting
Ziplining

Do note, however, that some insurers may only provide benefits for accidents or injuries if you are doing these activities for leisure/non-competitive purposes under a licensed operator. Make sure you follow all safety instructions, guidelines, and regulations as your claims could be nulled otherwise.

Check with your insurer about any applicable exclusions. For instance, not all plans cover trekking beyond 3,000 metres above sea level.

The main policy, however, must cover the following:

Medical coverage
Trip cancellation or reschedule
Baggage loss or damage

Policies to consider:

Policy	Adventure sports coverage	Medical coverage	Baggage loss or damage	Trip cancellation or reschedule
MSIG TravelEasy Elite	Yes	S$500,000	S$5,000	S$10.000
FWD Premium	Yes	S$200,000	S$3,000	S$7,500
Tokio Marine XPLORA Classic	Yes	S$300,000	S$5,000	S$5,000

SingSaver's Exclusive FWD Promotion: Receive 1x Airalo eSim with up to 3GB data when you apply now (minimum premium of $60). Valid till 31 October 2023. T&Cs apply.

Additionally, enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.

Best travel insurance for adults with family

An affordable plan with complete coverage is the best option for travelling as a family. Travelling with a lot of family members may definitely cost since the premium will be based on the number of people insured.

If you are travelling with children, it’s important to go through the child benefits offered with the basic plan. There may be separate coverage benefits for adults and children under a single policy.

Having good medical coverage is important too, especially when travelling with older family members. Furthermore, trip cancellation coverage is another important consideration in case anything pops up last minute with any family member.

Family policies to consider:

Policy	Overseas Medical Coverage (Maximum Claimable Benefit under Family Plan)	Trip Cancellation (Maximum Claimable Benefit under Family Plan)	Baggage loss or damage (Maximum Claimable Benefit under Family Plan)	Personal Accident (Maximum Claimable Benefit under Family Plan)
Allianz Travel Comprehensive Silver (single trip)	S$500,000 Includes dental sub limit of S$500	S$10,000	S$5,000	S$100,000 (per person)
FWD Travel Insurance First	S$2,500,000	S$37,500	S$18,750	S$1,000,000
DBS TravellerShield Plus Platinum	S$1,000,000 (per adult insured person)	S$45,000	S$8,000 (per insured person)	S$500,000 (per adult insured person)

Best travel insurance for senior travellers

As with any insurance plan, travel insurance for people above 70 entails higher premiums and lower coverage benefits. This can be frustrating especially since seniors are the most in need of extensive coverage.

When buying insurance for yourself or someone above the age of 70, consider policies that offer the following:

Overseas medical coverage
Emergency medical evacuation
Coverage for pre-existing conditions

Policies to consider:

Policy	Pre-existing coverage option	Medical Coverage (over 70 years old)	Emergency Medical Evacuation (over 70 years old)	Trip Cancellation	Loss/Damage of Baggage
NTUC Enhanced PreX (Superior)	Available	S$300,000 Combined coverage limit per person	S$300,000 Combined coverage limit per person	S$10,000 (co-payment of 50% if the reason for cancellation is due to pre-existing illness)	S$5,000
TIQ Pre-Ex Savvy	Available	S$50,000 Includes overseas hospital allowance of S$200 every 24 hours limited to S$10,000	S$1,500,000 Includes repatriation of mortal remains to Singapore	S$5,000	S$2,000
Singlife Travel Insurance Plus	N/A	S$2,000,000 (non pre-ex) Combined coverage limit per person	S$2,000,000 (non pre-ex) Combined coverage limit per person	S$15,000	S$5,000

Policies offering coverage for elderly travellers with pre-existing conditions have different benefit limits than basic policies. So, be sure to read the policy document carefully before purchasing your preferred plan.

SingSaver's Best Price Travel Campaign: All successful applicants of participating Travel Insurance products will receive 1x (single trip) or 3x (annual trip) draw chance to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed (up to a maximum of $2,000) and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Valid till 31 December 2023. T&Cs apply.

Travel Insurance	Premium for Individual Cover	Covid-19 Coverage	Promotion
FWD Travel Insurance Apply Now	from S$22.50 (for 1 week in Asean)	Yes	Use the promo code SSTRIP to get 30% off on Single Trip and Annual Trip plans. Valid till 30 September 2023. T&Cs apply. Receive 1x Airalo eSim with up to 3GB data (minimum premium $60). Valid till 30 Sep 2023. T&Cs apply. Plus, till 30th September, every 58th sign up scores a Samsonite Volant Spinner 68/25 EXP worth S$480. Additionally, enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
Etiqa (TIQ) Travel Insurance Apply Now	from S$39 (for 1 week in Asean)	Yes	Single Trip: Use the promo code TIQSINGSAVER to get 40% off. T&Cs apply. Valid till 30 Sep 2023. T&Cs apply. Annual Trip: Use promo code TIQSINGSAVER to get 60% off COVID-19 add-on. Valid till 30 Sep. T&Cs apply. Plus, till 30th September, every 58th sign up scores a Samsonite Volant Spinner 68/25 EXP worth S$480. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply. Plus, new customers get additional S$30 off on top of the discount with voucher code FREETRAVEL. Valid till 30 Sep 2023. T&Cs apply. Additionally, stand to win S$3,000 in TIQ Travel Insurance Monthly Lucky Draw Campaign 2023 (Fulfillment by TIQ). Valid till 31 Dec 2023. T&Cs apply.
Starr TraveLead Travel Insurance Apply Now	from S$11.05 (for 1 week in ASEAN)	Yes	Receive up to $50 Grab Vouchers and 35% discount plus an EXCLUSIVE Agoda promo code when you apply using the promo code SSVTL35. Valid till 30 September 2023. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw. 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply.
Allianz Travel Insurance Apply Now	from S$34.10 (for 1 week in Asean)	Yes	Get 35% discount and receive up to S$50 worth of Grab vouchers when you use the promo code G035. Valid till 30 Sep 2023. T&Cs apply. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply.
MSIG Travel Easy Apply Now	from S$34.10 (for 1 week in ASEAN)	Yes	Enjoy 40% off when you apply for Single Trips and 20% off for Annual Plan plus get up to $38 Grab Vouchers when you purchase now!! Valid till 31 Sep 2023. T&Cs apply Enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
Singlife Travel Insurance Apply Now	from S$46.20 (for 1 week in ASEAN)	Yes	Score an Airalo eSIM with up to 3GB data and receive it before you fly when you apply now! Valid till 30 Sep 2023. T&Cs apply. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply. Single Trip: Enjoy a 25% discount when you use the promo code TRAVEL25. Valid till 30 Sep 2023. T&Cs apply.
Allied World Travel Insurance Apply Now	from S$45 (for one week in Asean)	Yes	Single Trip: Enjoy a 30% discount when you apply now! Valid till 30 Sep 2023. Annual Trip: Enjoy a 10% discount when you apply now! Valid till 30 Sep 2023. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply
AIG Travel Guard® Direct Apply Now	from S$30 (for 1 week in Asean)	Yes	Single Trip: Apply promo code SSTGD and receive up to $50 worth of Grab eVouchers! (minimum premium $100, fullfilment by AIG) Valid till 30 Sep 2023. T&Cs apply. Annual Trip: Get up to 6 Plaza Premium Lounge Access Passes with the promo code SSTGD when you apply NOW! Fulfillment by AIG. Valid till 30 Sep 2023. T&Cs apply. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. Promotion ends on 31 December 2023. T&Cs apply.
Great Eastern Travel Insurance Apply Now	from S$52 (for one week in Asean)	Yes	Single Trip: Get an 20% discount when you use the promo code TSP20S. Annual Trip: Get an 10% discount when you use the promo code TSP10A. Additionally, enjoy 1x chance (Single Trip) or 3x chances (Annual Trip) to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply. Promotion ends on 31 December 2023. T&Cs apply.